MBNA Rewards World Elite Mastercard
Last updated:
$89/year
Earn 20,000 bonus points
Earn 20,000 MBNA Rewards points when you spend $1,500 in the first 3 months.
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Key Details
Annual Fee
$89
Network
mastercard
Credit Required
good, excellent
Reward Type
points
Rewards Earn Rates
2x
Groceries
2x
Gas
2x
Dining
2x
Travel
2x
Everything Else
Highlights
- 2 points per $1 on everything
- Redeem for travel, gift cards, merchandise
- Comprehensive travel insurance
- No rotating categories
Pros & Cons
Pros
- + 2x everywhere is very competitive
- + Flexible redemption options
- + Strong travel insurance
- + Mastercard works at Costco
Cons
- – $89/year annual fee
- – Point value depends on redemption type
- – Less well-known than Big 5 bank cards
Who Is This Card For?
The MBNA Rewards World Elite Mastercard is best suited for Canadians who prioritize points, flexible-rewards spending. At $89/year, it's worth it for those who spend enough in bonus categories to offset the fee.
Benefits Breakdown
Extended Warranty
Purchase Protection
90 days
Is this card worth it for you?
Use our rewards estimator to see how much you'd earn based on your spending.
Frequently Asked Questions
Ready to Apply?
Visit the issuer's website to confirm current terms and apply.
Apply for MBNA Rewards World Elite MastercardAffiliate link · Disclosure
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Sources
Last verified: 2026-03-01. Offers and terms can change. Always confirm details on the issuer's website before applying.