MBNA Smart Cash World® Mastercard®
Earn 5% cash back on gas and groceries for 6 months then 2% after, plus 1% on everything else. $39 annual fee, great benefits, fast approvals.
Introducing the MBNA Smart Cash World Mastercard
If you're seeking a powerful cash back credit card for everyday purchases in Canada, the MBNA Smart Cash World Mastercard deserves attention. It delivers strong cash back rates that reward spending at grocery stores and gas stations, as well as all other categories. The card features a welcome offer of 5% cash back on gas and grocery purchases for the first six months, up to a monthly $500 spend. After that, you continue earning 2% back on gas and groceries up to $500/month, with 1% cash back on all other purchases. The annual fee stands at $39, and the ongoing APR is 21.99%. To qualify, you'll need a personal income over $50,000 or a household income over $80,000.
Come candidarsi: passo dopo passo
To apply for the MBNA Smart Cash World Mastercard, ensure you meet the income requirements. Visit the issuer's application page and complete the online form with your personal and financial information. Submit the application and await a quick response, as approvals are often processed fast. Once approved, you'll receive your card and can start earning rewards immediately.
Vantaggi principali
One clear advantage is the generous 5% cash back on gas and groceries for the first six months, making it ideal for high spending in these categories. Additionally, the ongoing 2% on gas and groceries keeps rewards coming for essential purchases. The 1% cash back on all other spend ensures you get value no matter where you shop. Comprehensive insurance benefits provide extra peace of mind for cardholders. With a low annual fee and no limits on earning for the 1% category, this is a strong everyday card for Canadians whose budgets align with the qualifying criteria.
Potenziali svantaggi
The card isn't available to residents of Quebec, which limits its reach. The $500 monthly cap on enhanced grocery and gas earnings reduces potential rewards for those with higher monthly spend in these areas. Furthermore, a minimum income threshold must be met to qualify, which can exclude some applicants. Another consideration is the annual fee, which, while modest, should be weighed against your projected rewards. Balance those limitations against the reward structure to ensure fit with your personal finances.
Il nostro verdetto
The MBNA Smart Cash World Mastercard offers robust value for eligible Canadians, especially those who spend considerably on gas and groceries. While there are some restrictions—including a spend cap and income requirement—the strong cash back rate, suite of benefits, and low fee make it a compelling choice if you qualify. We recommend this card for anyone searching to maximize cash back on everyday purchases.
