MBNA Smart Cash World Mastercard

5% total on gas and groceries for six months, on up to $500 each calendar month

Permanent Canadian resident of majority age; application requires at least $50,000 personal or $80,000 household annual income. Approval required.

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.

Purchase assurance for eligible loss or damage within 90 days; $60,000 lifetime/account. Full card payment, item limits and exclusions apply.

Eligible warranties doubled by up to one additional year; registration required for warranties longer than five years. Read the certificate before relying on coverage.

Rental collision/theft: eligible rentals up to 31 days, full card payment, decline agency CDW. $65,000 lifetime limit; vehicles valued at $65,000 or more excluded. No liability coverage.

Common-carrier accidental death/dismemberment and rental-vehicle accident coverage, subject to certificate eligibility and loss schedules. Not travel medical insurance.

Rental-vehicle personal effects coverage, subject to item exclusions and other insurance.

Unexpected return-home coverage for specified emergencies; conditions and payment requirements apply.

It depends on whether the extra rewards and benefits you actually use outweigh the $39 annual fee. Use your spending to compare the ongoing value after fees.

The published foreign transaction fee is 2.5%. Exchange rates and other applicable charges can still affect your cost. See the issuer’s terms.

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.