How to Apply for your Credit Card: MBNA Amazon.ca Rewards Mastercard
The MBNA Amazon.ca Rewards Mastercard gives Canadian Amazon.ca and Whole Foods Market shoppers many incentives. Spending with this card earns rewards and perks. This article discusses the MBNA Amazon.ca Rewards Mastercard’s features, requirements, bank, target audience, how to apply, and pros and cons.
Benefits of MBNA Amazon.ca Rewards Mastercard
There are numerous alluring advantages available to cardholders of the MBNA Amazon.ca Rewards Mastercard:
Earn Rewards on Amazon.ca Purchases
With 2.5% back on qualifying purchases made at Amazon.ca, the card is a great option for regular Amazon customers.
Rewards at Whole Foods Market
Additionally, users can save money on groceries with this card’s 2.5% back on qualifying purchases at Canadian Whole Foods Market locations.
No Annual Fee
The MBNA Amazon.ca Rewards Mastercard is an affordable option because it doesn’t have an annual fee, in contrast to many credit cards that do.
Flexible Redemption
Cardholders have freedom in how they utilize their rewards because they can be redeemed for a range of products and services, such as gift cards, merchandise, cash back, and travel.
Prerequisites
Applying for the MBNA Amazon.ca Rewards Mastercard requires fulfilling the following requirements:
- You have to reside in Canada.
- In your province or area, you ought to have attained the age of majority.
- Usually, getting approved for a credit card requires having a high credit score.
About MBNA (The Bank/Financial Institution)
TD Bank Group, Canada’s largest and most reputed bank, owns MBNA. Canadians have had a variety of credit card offerings from MBNA for decades. Innovative and competitive financial solutions are the bank’s specialty. MBNA offers the Amazon.ca Rewards Mastercard to Amazon shoppers with special perks through its collaboration with Amazon.ca.
Who Is This Card For?
Perfect users for the MBNA Amazon.ca Rewards Mastercard include:
Frequent Amazon Shoppers
This card is a wise choice if you frequently shop on Amazon.ca since it enables you to accrue rewards for your purchases.
Whole Foods Market Customers
This card offers cashback points that will help you save money on groceries if you frequently buy at Whole Foods Market locations in Canada.
Cost-Conscious Consumers
This card is ideal for people who wish to maximize their savings without having to worry about extra expenses because it has no annual fee.
Step by Step to Apply for the Card
The MBNA Amazon.ca Rewards Mastercard application process is simple. Here’s a detailed how-to:
- Visit the official MBNA Canada website at MBNA Canada – Amazon Rewards Mastercard.
- You can get comprehensive information about the card, including its features and advantages, on the website.
- To start your application, click the “Get Started” or “Apply Now” option.
- You’ll be required to submit personal and financial data on an online application form.
- MBNA will examine your application after you’ve finished it.
- If accepted, your MBNA Amazon.ca Rewards Mastercard will be mailed to you.
Additionally, you can download any mobile apps that are available for handling your card from the official iOS and Android app stores.
Positives and Negatives of the Card
Positives
Rewards for Amazon and Whole Foods Purchases
For people who often shop at Whole Foods Market and Amazon.ca, the card is a great option because it delivers significant benefits for doing so.
No Annual Fee
One way to control costs is by eliminating the annual charge that concerns cardholders.
Flexible Redemption Options
The flexibility and increased value of the card are derived from the opportunity to redeem rewards for a variety of options.
Backed by a Reputable Bank
The fact that MBNA is a part of the TD Bank Group gives the card more legitimacy and dependability.
Negatives
Credit Approval Required
Although this is common for credit cards, depending on their credit history, not everyone may be eligible.
Limited Benefits Beyond Amazon and Whole Foods
The card might not be the greatest option for anyone searching for larger rewards because its benefits are mainly restricted to purchases made at Whole Foods and Amazon.
Interest Rates
The interest rates on outstanding amounts can be significant, similar to those of many credit cards, so it’s critical to pay off your debt in full each month to avoid paying interest.
How to Unlock the Card?
You must activate and unlock your MBNA Amazon.ca Rewards Mastercard as soon as you receive it. The procedure usually entails:
- For activation instructions, contact the number listed on the card or go to the bank’s website.
- It might be necessary to ask for personal information in order to confirm your identification.
- You can begin making purchases with the card as soon as it has been activated.
Fees and Tariffs
The MBNA Amazon.ca Rewards Mastercard is unique in that it has no yearly fees. You should be aware of any additional costs and tariffs, though, as with any credit card. The following are a few typical fees linked to credit cards:
- Annual Fee – $0
- Interest: Purchases – 19.99%
- Interest: Cash Advances – 20.99%
- Interest: Balance Transfers – 20.99%
Customer Service
You can contact MBNA via several channels for help or problems concerning your Amazon.ca Rewards Mastercard:
- Official Website: Visit the MBNA Canada website for information and support.
- Customer Service Phone Number: MBNA typically provides a customer service phone number that is 1-888-876-6262.
In Conclusion,
MBNA Amazon.ca Rewards Mastercard is for Canadian Amazon and Whole Foods Market shoppers. It targets budget-conscious customers with its advantages, no annual fee, and rewards redemption flexibility. However, card interest and other expenses should be considered. Please read the application terms and conditions before applying.
Want to apply for your MBNA Amazon.ca Rewards Mastercard? Click “Apply Now” and request yours!