MBNA continues to pump out some of the best credit card offers in Canada.  For a limited time, you’ll earn up to $100 in gift cards when you sign up for the MBNA Smart Card – the top no-fee cash back credit card on the market – or the MBNA Platinum Plus MasterCard – the best 0% balance transfer credit card on the market.  Here’s how it works:

Get a free $25 gift card upon approval. Plus, once you spend $150 on your card within 60 days of your account approval, you’ll get another free $75 gift card.  There are over 50 gift card options to choose from.

Enjoy Cash Back

As mentioned, the Smart Cash MasterCard is the best no-fee cash back credit card on the market today.  With this card, you’ll get up to 5% cash back on all of your eligible gas and grocery purchases for the first 6 months, and up to 2% cash back on eligible gas and grocery purchases thereafter.  You’ll also get up to 1% cash back on all of your other eligible purchases.

0% Annual Interest On Balance Transfers For 12 Months

The MBNA Platinum Plus card is the top balance transfer card on the market, offering zero percent interest on balance transfers for a full year.  If you carry a credit card balance from month-to-month, you can pay it off faster by transferring your balance to the Platinum Plus card.  There is no annual fee for this card.

Free Gift Cards

Once you sign up and get approved for one of the cards mentioned above, you’ll get a free $25 gift card to one of more than 50 participating stores.  Gift card options include:

  • Starbucks
  • Best Buy
  • Toys R Us
  • Moxie’s Grill Bar
  • Amazon.ca
  • Home Depot

You’ll get another $75 gift card after spending $150 on your card within the first 60 days of opening your account.

Final Thoughts

I’ve taken advantage of these MBNA promotions a number of times in the past.  This time they’ve thrown in a new wrinkle to the promotion and only offer $25 up front and then another $75 once you’ve activated the card and spent $150.  I assume this is to discourage people from signing up for the offer, getting the gift card, and then never activating the card.

Nevertheless, the cards promoted are best-in-class and if you’re looking for an excuse to switch to a better card then you might as well take advantage of a promotion like this that will put up to $100 back into your pocket.

Pin It on Pinterest