rewardsno fee

MBNA® Rewards Platinum Plus Mastercard® review

Name: MBNA Rewards Platinum Plus Mastercard
Brand: MBNA

3.7Rated by the CreditCardGuru Editorial Team

A top-tier no-fee rewards card with above-average earn rates and a unique birthday bonus. Insurance is thin, but for $0 a year it punches well above its weight.

At a glance

Annual fee: No annual fee
Welcome bonus: ~$100
Foreign tx fee: 2.5%
Network: MASTERCARD
Rewards: points
Purchase APR: 21.99%

Rewards & earn rates

Groceries$10,000 annual cap per category; 4x during the first 90 days	2x
Restaurants	2x
Digital media	2x
Memberships & household utilities	2x
Everything else	1x

Welcome offer: Up to 10,000 MBNA Rewards points (worth $100), plus 4x points on bonus categories for the first 90 days; not available to Quebec residents (alternate offer applies) (5,000 points after $500 in purchases within 90 days plus 5,000 points for enrolling in paperless statements within 90 days).

Pros & cons

Pros

One of the best no-fee welcome bonuses in Canada
Solid 2x earning on groceries, dining and household bills
Birthday bonus adds up to 10,000 free points yearly

Cons

No travel insurance
Points are most valuable only when redeemed for travel
$10,000 per-category caps limit heavy spenders

Perks & insurance

Key perks

No annual fee, including up to nine additional cards
Annual birthday bonus: 10% of points earned over the prior 12 months (up to 10,000 points)
Mobile device insurance up to $1,000 - rare on a no-fee card
Avis and Budget car rental discounts

Insurance

Mobile device insurance up to $1,000
Purchase protection (90 days)
Extended warranty (up to 1 additional year)

Rates & fees

Annual fee: None
Purchase interest: 21.99%
Cash advance: 22.99%
Foreign transactions: 2.5%

Last updated June 7, 2026Reviewed by CreditCardGuru Editorial Team

Similar cards to consider

Guru Pick Tangerine®

Tangerine® Money-Back Credit Card

4.4·No-fee cash back with customizable bonus categories

Annual fee: No annual fee
Welcome bonus: ~$100
Top reward: 2% groceries (a 2% category)

Pick the 2% categories that match your spending
Truly no-fee with monthly payouts

Suggested score 660+ · Good credit

Apply now View details

Rogers® Bank

Rogers® Red World Elite Mastercard®

4.4·Simple flat-rate cash back and US-dollar spending

Annual fee: No annual fee
Welcome bonus: ~$60
Top reward: 3% us-dollar purchases

Flat 1.5% on everything with no fee
Uniquely good for US-dollar spending

Suggested score 720+ · Excellent credit

Apply now View details

Disclaimer: This page is for informational purposes only and does not constitute financial, tax or legal advice. Card terms and offers change and may be out of date — always verify with the issuer before applying, and consult a qualified professional before making financial decisions. CreditCardGuru may earn a commission from cards featured on this site; this never influences our editorial ratings. See our advertiser disclosure.

Written by

CreditCardGuru Editorial Team

Rewards & Cards Research

Our editorial team independently researches and rates every credit card in Canada using a transparent, data-driven methodology. We update card terms continuously and never let issuer relationships influence our ratings.

200+ Canadian cards tracked
Transparent rating methodology
Updated continuously

Cite this page

“MBNA® Rewards Platinum Plus Mastercard® Review (2026)” — CreditCardGuru, https://creditcardguru.ca/cards/mbna-rewards-platinum-plus-mastercard, updated June 7, 2026.