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MBNA Rewards World Elite® Mastercard®
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MBNA CanadaCanada

MBNA Rewards World Elite® Mastercard®

Annual Fee
CA$120/ year

Canada's most accessible premium points card — 5x on six everyday categories and first-year fee waived.

This credit card includes airport lounge access through participating lounge programs. Access eligibility, guest policies, and lounge availability vary by airport and may change over time. Credit card lounge access is not guaranteed and may be subject to capacity limits or restrictions. Learn how credit cards provide lounge access. In summary, lounge access depends on your card, the lounge network, and the specific airport. Learn more about airport lounges.

Last reviewed: . Card information is reviewed against the issuer's official benefit pages periodically; verify all terms on the issuer's site before applying.

The Good

  • First-year annual fee waived
  • 5x points across SIX everyday categories (highest stack in Canada)
  • 10% travel redemption bonus
  • Mobile device insurance up to $1,000
  • Reasonable C$120 annual fee from Year 2

The Bad

  • 5x earn capped at $50k/year in bonus categories
  • MBNA Points redemption rates vary by category
  • C$80k personal / C$150k household income required
  • No airport lounge access (this card has no lounge network)

Lounge Access

0 lounge networks included

Guest Policy

Cardholder only

Purchase APR

19.99% Purchase / 22.99% Cash Advance

Credit Score

Excellent (Income C$80k+)

Limited Time Offer

Up to 10,000 Bonus Points + First-Year Fee Waiver

Offer Terms & Eligibility:

Welcome bonus credited after first qualifying transactions; subsequent year fee waiver requires conditions.

Lounge Networks

0 Included

Additional Travel Perks

Welcome Up to 10,000 Bonus MBNA Rewards Points
5x Points on Gas, Groceries, Restaurants, Digital Streaming, Memberships, Household Bills (up to $50k/year)
1x Points on Other Eligible Purchases
Up to 10% Bonus Points When Redeeming for Travel
Comprehensive Travel Insurance Package
Mobile Device Insurance up to $1,000
Concierge Service
Mastercard Global Service 24/7
First-Year Annual Fee Waived

Lounges MBNA Rewards World Elite® Mastercard® Opens

No airport lounge access is included with this card based on the lounge networks AirportLounge.com tracks. That doesn't necessarily mean the card has zero lounge benefit — issuers occasionally bundle limited or one-time-use passes that aren't a tracked network. Always confirm the current benefit on the issuer's site before applying.

For lounge access, browse all cards with tracked lounge networks or compare against a card you're considering on Compare.

*Card information is accurate as of 2026. Annual fees and benefits are subject to change by the issuer. Please verify all terms and conditions on the issuer's website before applying.

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