How to Apply for your Credit Card: MBNA Rewards Platinum Plus Mastercard
A no-fee rewards credit card with competitive earn rates and worthwhile bonuses is the MBNA Rewards Platinum Plus Mastercard. This card offers much to offer whether you’re a regular shopper or searching for a reliable solution for daily spending. It’s a good option since there is no yearly cost and a welcome bonus of 10,000 points. It does, however, have several restrictions, such as yearly limits on bonus categories and poor cash redemption value.
Benefits
Welcome Bonus
To get 10,000 points, you must spend $500 and sign up for paperless e-statements during the first 90 days. You will receive an additional 5,000 points for doing so.
Accelerated Earn Rates
Get 2 points per dollar after the first $10,000 in each area for the first 90 days on eating, shopping, digital media, memberships, and home utilities.
Annual Birthday Bonus
Receive a 10% yearly birthday bonus on all points (10,000 total points per year) earned during the previous 12 months.
Mobile Device Insurance
Enjoy 90-day purchase protection, an extended warranty, and $1,000 in mobile device insurance.
Saving on Car Rentals
Save 10% or more on Budget and Avis vehicle rentals in North America (5% everywhere)
Interest-Free Grace Period
Get a 21-day grace period during which new credit card transactions are exempt from interest (cash advance and debt transfer fees not included).
Prerequisites
The following requirements must be satisfied by applicants in order to be approved for the MBNA Rewards Platinum Plus Mastercard:
1. Credit Score
Applicants must have a credit score that falls within the range of 725 to 759, according to estimates. For acceptance, a strong to exceptional credit history is normally required.
2. Residency
Applicants for residency must be citizens of Canada who live there
3. Age
Age Applicants must be of legal age in the province or territory where they are applying.
4. Income
Although there isn’t a set amount of personal income required, it’s crucial to have a source of income to guarantee that you can fulfill your credit card payment responsibilities.
About the Bank/Financial Institution
The MBNA Corporation is a prestigious financial organization with its main office in the vibrant Canadian city of Ottawa. It has a long history in the financial industry. With more than 40 years in the business, MBNA has established a strong reputation as a leader in the credit card industry. Its entry into the financial industry in 1982 marked the beginning of a financial organization that would later emerge as a major participant on the world stage.
As time has gone on, MBNA has been known for its consistent dedication to providing financial solutions that meet the various demands of its clients. Innovation and customer-focused services have served as the institution’s cornerstone for decades. Due to its continuing success and widespread presence, it has been able to create a variety of financial goods and services, including credit cards that are well-known for their rewards, features, and flexibility.
In addition to surviving the difficulties of the constantly changing financial environment, MBNA has shown a continual commitment to addressing the shifting needs of its clients. With its integration into the Bank of America group of companies, MBNA has strengthened its standing as a reliable and esteemed organization within the larger financial industry.
Who is this Card For?
The MBNA Rewards Platinum Plus Mastercard is specifically designed for those who want to get the most out of their regular shopping with rewarding features without having to pay an annual fee. For people with strong to exceptional credit scores, which normally lie between 725 and 759, this card is the best option. It serves a discriminating clientele that appreciates the adaptability of varied redemption possibilities, enabling cardholders to maximize their spending patterns while taking advantage of a variety of alluring benefits. This card is designed to support your financial goals, whether you’re an experienced credit card user or someone seeking to start a rewarding financial path.
Step by Step to Apply for the Card
- Visit the Card Application Page on the official website for the MBNA Rewards Platinum Plus Mastercard.
- Select “Apply Now” from the menu
- Your personal and financial information should be entered into the application form
- Send in your application for consideration
- Await the bank’s answer on the approval of your card
Positives and Negatives of the Card
Positives
- No yearly charge
- Attractive welcome bonuses and birthday bonuses every year
- Competitive pay rates for certain kinds of expenditure
- Important insurance and purchasing protection for mobile devices
Negatives
- Rewards may be capped annually for some bonus categories
- A meager level of travel insurance
- Poor value for cash redemption
How to Unlock the Card
Immediately after receiving your MBNA Rewards Platinum Plus Mastercard, do as follows to activate it:
- You may either call the activation number on the card or activate your card online using the linked activation gateway
- Activate your card’s PIN if necessary
- Your card will soon be usable
Fees and Tariffs
- Annual Fee: $0Cash Advance Fee: 24.99%
- Cash Advance Fee: 24.99%
- Balance Transfer Fee: 22.99%
- Foreign Transaction Fee: 2.5%
Customer Service
You may get in touch with MBNA at the following numbers for questions or help with your card:
- Contact number for customers: 1-888-876-6262
- Calls from outside Canada may be placed at 1-613-907-3505 (collect)
Visit the official website here for additional details and to apply for the MBNA Rewards Platinum Plus Mastercard. For easy mobile administration, you may also download the MBNA app from both the Android and iOS app stores.