CIBC Select Visa Card
3.8·Anyone carrying a balance or consolidating credit card debt.
- Annual fee
$29$0- Top reward
- No rewards
- One of the cheapest ways in Canada to pay down card debt
- Same low rate applies to cash advances
Rated by the CreditCardGuru Editorial Team
Not a rewards card — a debt-payoff tool. The low 12.99% purchase rate and 0% intro balance-transfer offer make it one of the best ways to tackle existing credit card balances.
At a glance
- Annual fee
- No annual fee
- Foreign tx fee
- 2.5%
- Network
- MASTERCARD
- Rewards
- cash back
- Purchase APR
- 12.99%
Rewards & earn rates
| RewardsNo rewards — built for low interest | 0% |
Pros & cons
Pros
- Low ongoing purchase rate
- 0% intro balance-transfer offer
- No annual fee
Cons
- Earns no rewards
- Balance-transfer fee applies
- Promo rate reverts after 12 months
Perks & insurance
Key perks
- 0% promotional interest on balance transfers (12 months)
- Low 12.99% purchase interest rate
- No annual fee
Insurance
- Mastercard zero-liability protection
Rates & fees
- Annual fee
- None
- Purchase interest
- 12.99%
- Cash advance
- 24.99%
- Foreign transactions
- 2.5%
Compare MBNA True Line Mastercard with…
Last updated June 1, 2026Reviewed by CreditCardGuru Editorial Team
Terms & conditions
Rates and offers change. Every rate, fee, welcome offer and benefit on this page was accurate when last reviewed, but MBNA can change or withdraw any of them at any time — sometimes without notice. Confirm the current terms on MBNA's own website before you apply.
Eligibility is theirs to decide. Approval, credit limits, interest rates and welcome offers depend on your credit history and MBNA's own criteria. Bonuses often exclude anyone who has held the card before, and usually require a minimum spend within a set period.
This is not advice. The reviews and ratings here are our editorial opinion, not financial, tax or legal advice, and not a recommendation for your circumstances. Speak to a qualified professional before making a financial decision.
How we make money. CreditCardGuru may earn a commission when you apply through links on this page. It never affects our ratings or what we write — see our advertiser disclosure and rating methodology.
CreditCardGuru is not affiliated with MBNA. Trademarks belong to their respective owners.
Similar cards to consider
BMO Preferred Rate Mastercard
3.4·Anyone who carries a balance and wants to minimize interest charges rather than earn rewards.
- Annual fee
$29$0- Welcome bonus
- $29
- Top reward
- No rewards
- Among the lowest purchase interest rates from a big bank
- Cheap and effective for paying down transferred balances
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
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- Updated continuously
Cite this page
“MBNA True Line Mastercard Review (2026)” — CreditCardGuru, https://creditcardguru.ca/cards/mbna-true-line-mastercard, updated June 1, 2026.