Illustration, not the actual card design.
MBNA · Earns MBNA Rewards points
MBNA Rewards World Elite Mastercard
Annual fee
$120
Welcome offer
Up to 30,000 points
Market
Canada · CAD
Biggest part of the offer: Spend $2,000 in your first 90 days.
What it's worth before you spend
Welcome bonus, plus perks you get no matter what, minus the fee. Everyday earning comes on top.
Year 1
$180
+$300 welcome bonus
+$0 yearly credits
−$120 fee
Year 2
−$120
Costs $120 a year until your spending covers it.
Every year after
−$120
Costs $120 a year until your spending covers it.
Plus 14 benefits with no fixed dollar value, like Avis and Budget rental discount, Birthday Bonus Points and Price Protection. Their worth depends on how you use the card, so they're not counted above. See them all
Estimated as of Oct 10, 2026. Assumes you're approved, qualify for the offer and meet its spending requirement. Points valued at up to 1¢ each, which is our assumption. Before everyday spending.
Welcome offer
Offer may end without notice. Not available to residents of Quebec. You must be approved for this specific card. One bonus points offer per new account for each bonus. The $2,000 in purchases must not later be rescinded, charged back or disputed. For the paperless bonus, enrol in online banking and consent to paperless statements within the first 90 days, and keep that enrolment through that period. MBNA can change or cancel the promotion at any time without notice.
- 1Spend $2,000 in your first 90 days20,000 pts≈ $200 est.Year 1
- 2Sign up for paperless e-statements in your first 90 days10,000 pts≈ $100 est.Year 1
Not guaranteed. Welcome offers and bonuses are at the card issuer's discretion, and can change or end at any time.
What it earns
Valued at 1¢ per MBNA Rewards point.
| Where you spend | Earns | Back per $1 (est.) |
|---|---|---|
| SubscriptionsUp to $50,000/yr of spend | 5 pts per $ | 5¢ |
| StreamingUp to $50,000/yr of spend | 5 pts per $ | 5¢ |
| Recurring BillsUp to $50,000/yr of spend | 5 pts per $ | 5¢ |
| GroceriesUp to $50,000/yr of spend | 5 pts per $ | 5¢ |
| Dining & RestaurantsUp to $50,000/yr of spend | 5 pts per $ | 5¢ |
| Everything else | 1 pt per $ | 1¢ |
What else you get
Perks
- Avis and Budget rental discount
At least 10% off base rates in Canada and the U.S. and at least 5% internationally, at participating locations
- Birthday Bonus Points
10% of the points earned in the 12 months before your birthday month, up to 15,000 points a year
- Price Protection
Refund of the difference if the same item is advertised in Canada for less within 60 days, up to $500 per item
Insurance · 11
- Emergency Medical Insurance
Out-of-province emergency medical, up to $2,000,000, first 21 days of a trip, under 65
- Flight Delay Insurance
Up to $500 per insured person when your flight or trip is delayed more than 4 hours
- Delayed and Lost Baggage Insurance
Up to $1,000 per insured person per trip for essentials if bags are delayed over 4 hours or lost
- Rental Car Collision Damage Insurance
Damage or theft of a rental car, rentals up to 31 consecutive days, vehicle market value under $65,000
Show all 11Show fewer
- Rental Vehicle Accidental Death and Dismemberment
Up to $200,000 for the primary cardholder and $20,000 for each other insured person in the rental
- Common Carrier Travel Accident Insurance
Accidental death or dismemberment while a passenger on a plane, train, bus or ship, up to $1,000,000
- Mobile Device Insurance
Loss, theft, accidental damage or breakdown of a mobile device, up to $1,000
- Purchase Protection
Theft or damage to items bought with the card, 90 days from purchase
- Extended Warranty
Extends the manufacturer's warranty by up to 1 additional year on items charged to the card
- Rental Vehicle Personal Effects
Loss, theft or damage to personal effects during an eligible rental, up to $1,000 per insured person
- Unexpected Return Home
Change fee or one-way economy fare home if an immediate relative dies during your trip, up to $2,000 per insured person
Got this card? We'll tell you when to use it.
PointsMaxxing checks the store you're standing in and picks the card in your wallet that earns the most there.
Fine print
Card details are checked against public sources. Issuers change fees, offers and earn rates without notice, and the issuer's terms are the only ones that count, so check them before you apply. Approval, welcome offers and bonus points are at the issuer's discretion and aren't guaranteed. The values above are estimates based on our own point valuations and on assumptions about approval and spending, not a forecast of what you'll receive. This is general information, not financial advice, and it doesn't say whether this card suits you. We're not affiliated with or endorsed by MBNA. Card and program names belong to their owners.
Details last checked Oct 10, 2026.