MBNA True Line Mastercard
Last updated:
No annual fee
0% intro rate on balance transfers
0% promotional interest rate on balance transfers for 12 months with a 1% transfer fee.
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Key Details
Annual Fee
$0
Network
mastercard
Credit Required
fair, good
Reward Type
low-interest
Rewards Earn Rates
0x
Everything Else
Highlights
- No annual fee
- Low regular interest rate (12.99%)
- 0% introductory balance transfer offer
- Good for carrying a balance occasionally
Pros & Cons
Pros
- + No annual fee
- + Low regular interest rate of 12.99%
- + Balance transfer promotional offers
- + Simple, no-frills card
Cons
- – No rewards or cashback
- – No travel perks
- – No welcome bonus
- – Limited insurance coverage
Who Is This Card For?
The MBNA True Line Mastercard is best suited for Canadians who prioritize low-interest, no-fee, balance-transfer spending. With no annual fee, it's an excellent choice for anyone who wants rewards without ongoing costs.
Benefits Breakdown
Ways to Reduce the Annual Fee
- No annual fee with low 12.99% interest rate
- Watch for promotional balance transfer offers of 0% for 12 months
Multi-Card Strategy
Debt payoff tool, not a rewards earner. Use alongside a cashback card for everyday spending once balance is paid off.
See full multi-card strategies →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 True Line 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.