Pros
- ✓Welcome Bonus: $150
- ✓Purchase protection included
- ✓No annual fee
Cons
- ✗Foreign Transaction Fee (2.5%)
Our Review
MBNA Smart Cash Platinum Plus® Mastercard® is one of the best no-annual-fee cash-back credit cards in Canada.
With this card, you can get 2% on:
- gas purchases
- grocery purchases
Up to a monthly purchase limit of $500, and 0.5% cash back everywhere else.
For a limited time, you can earn 5% cash back for the first 6 months, a value of $150. It’s the best no-annual-fee MBNA credit card with cash back.
Rewards
All Spending
0.5x
Cash Back pts per dollar
Groceries
2x
Gas
2x
Credit Card Rewards Calculator
See how much you could earn with this card based on your spending.
Cashback earned
$238
$/yr
Estimated Value
$238
After Fees
+$238
1st Year Value
$388
incl. welcome bonus
Annual rewards breakdown
Travel Insurance
Travel Accident
Included
Purchase Protection
Purchase Protection
Up to $0 / 90 days
Extended Warranty
+1 year(s)
Auto Rental
Included
Interest Rates
- Purchase Rate21.99%
- Cash Advance22.99%
- Foreign Transaction Fee2.5%
Terms & Conditions
Card Features
Accelerate cash back on common purchases!
- No annual fee
- Get 5% Cash Back†† on eligible gas and grocery purchases for the first 6 months (until the total gas and grocery purchases in the applicable month reaches $500)
- Get 2% Cash Back‡ on eligible gas and grocery purchases thereafter (until the total gas and grocery purchases in the applicable month reaches $500)
- Get 0.5% Cash Back‡ for all other eligible purchases
- Standard Annual Interest Rates of 21.99% on eligible purchases, 22.99% on balance transfers✪, and 22.99% on cash advances
Take advantage of a card that provides Cash Back on eligible purchases and has no annual fee. Apply now for a Smart Cash Mastercard.
This offer is reserved for residents of Quebec. If you live in another province or territory, click here.
Legal
‡, ††, ✪, Terms and Conditions apply.
This offer is reserved for residents of Quebec. If you live in another province or territory, click here.
Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information about this MBNA credit card, click on the « Apply Now » button.
The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank.
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Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. Ratesopedia may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 MBNA. All trademarks are property of their respective owners.