wealthgeist
MBNA Smart Cash · Mastercard
MBNA Smart Cash Platinum Plus Mastercard
Cash back without an annual fee. Compare the earn rates and conditions with where you shop.
- Annual fee
- $0
- Foreign transaction fee
- 2.5%
- Purchase APR
- 21.99%
Free · No account needed
Card details reviewed
You prefer cash back and spend at merchants that qualify for the listed rates.
A different card may earn more at your usual stores. Interest can outweigh rewards if you carry a balance.
Your estimate
See the rewards after fees, based on where you actually shop.
Your spending is ready to use.
Calculate with my spendingAn estimate, not a guarantee. Approval is up to the issuer.
Rewards
Current rates. Conditions and limits matter as much as the headline number.
- Gas stations and groceries
- 2% cash back
Limit: $500 in eligible spending per month; then 0.5%.
- Everything else
- 0.5% cash back
Merchant coding and eligibility determine the rate. Rates do not add together unless the issuer explicitly allows it.
Using your rewards
Redemption value depends on how you use your rewards. Check the issuer’s redemption terms before comparing points with cash.
Welcome offer
5% total on gas and groceries for six months, on up to $500 each calendar month
Fees and eligibility
Paying interest can outweigh the rewards you earn.
- Annual fee
- $0
- Additional card
- $0
- Purchase interest rate
- 21.99%
- Cash advance interest rate
- 21.99%–22.99%
- Foreign transaction fee
- 2.5%
Who can apply?
- Minimum income
- No minimum stated
Meeting published income criteria does not guarantee approval. Other eligibility conditions and fees may apply.
Things to know
Request cash back after earning at least $50. Options include statement credit, personal chequing deposit or participating charities; issuer redemption increments apply. Estimates show earned value, not cash already paid out.
More fees and conditions
Permanent Canadian resident of majority age; approval required. No income minimum is stated in the application.
Purchase APR 21.99%. Transfers and cash advances: 21.99% in Quebec, 22.99% elsewhere.
No rewards on transfers, cash advances, interest or fees. Refunds reduce earned rewards. Merchant coding controls gas/grocery eligibility; warehouse-store purchases and EV charging are not automatically groceries or gas.
At least 21 days on qualifying new purchases when the statement balance is paid in full. No grace period on transfers or advances. Quebec has additional grace-period wording in its information box.
Outside Quebec: $10 plus new interest, fees, arrears and overlimit. Quebec: greater of $10 or 5%, plus arrears and overlimit. Below $10, pay the full balance.
2.5% conversion fee on foreign purchases and again on foreign refunds; the original fee is not returned.
Up to nine authorized users at no additional annual fee.
Outside Quebec: advances and standard transfers 1%, minimum $3.50; promotional transfers up to 5%, minimum $3.50. Returned payment $10; overlimit $29; inactive credit balance after 12 cycles lesser of $10 or balance. Copies $2.50. Quebec's other-fee box lists only copies.
Two late minimum payments within 12 statements can raise purchases to 26.99% and transfers/advances to 27.99%; 12 consecutive timely payments restore standard rates.
Benefits
Value the benefits you will use—not every advertised perk.
Card benefits
Avis/Budget discounts: at least 10% off base rates in Canada/US, 5% internationally at participating locations; MBNA code and full card payment required.
Travel and legal assistance services; costs may be charged to your card. Assistance is not medical insurance.
Insurance & purchase protection
Coverage has eligibility rules, limits and exclusions. The insurance certificate controls.
Purchase protection
Purchase assurance for eligible loss or damage within 90 days; $60,000 lifetime/account. Full card payment, item limits and exclusions apply.
Extended warranty
Eligible warranties doubled by up to one additional year; registration required for warranties longer than five years. Read the certificate before relying on coverage.
Similar cards
Related reward programs and fees—not a ranking for your spending.
Common questions
Is MBNA Smart Cash Platinum Plus Mastercard worth the annual fee?
There’s no annual fee, but another card may reward your spending more. Use your spending to compare the ongoing value after fees.
Does this card charge a foreign transaction fee?
The published foreign transaction fee is 2.5%. Exchange rates and other applicable charges can still affect your cost. See the issuer’s terms.
How does WealthGeist calculate my estimate?
We match eligible spending to each card’s reward rules, account for spending limits and subtract fees. You can check the breakdown and adjust assumptions. Welcome offers and ongoing rewards are shown separately.
How we compare