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MBNA Rewards World Elite

MBNA Rewards World Elite Mastercard

MBNA·Mastercard·MBNA Rewards·🇨🇦 Canada
Annual fee
$120/yr
Welcome bonus
$200 value
Base earn rate
1× on everything
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Reward estimates are based on published earn rates and may vary. Butter may earn a referral fee when you apply through our links, including through partner networks. This never affects our recommendations, which are based on your spending data, not commissions. Butter provides information and tools, not financial advice.

Earn rates by category

🛒Groceries
🍽️Dining & Restaurants
📺Streaming & Subscriptions
Recurring Bills
💳Everything else

Card details

Annual fee$120/yr
Additional card fee$50/yr
No foreign transaction fee✗ No
Income required$80k personal
Point value1.0¢/pt
NetworkMastercard

Welcome bonus

~$200 value
Spend $2,000 in 90 days of account opening.
⚠ Bonus offers change frequently — verify current offer before applying.
Rate details & caps ›
5xMBNA Rewards points on groceries, dining, streaming, and recurring bills (capped $50,000/year, then 1x).
1xon everything else.

Is this card right for you?

MBNA's rewards World Elite: 5x MBNA Rewards points on groceries, dining, streaming, and recurring bills, plus a birthday bonus — flexible points at ~1¢ each.

Where it wins

Grocery/dining/streaming spenders who want flexible ~1¢ points redeemable as cash.

People who value the birthday bonus and perks.

Where it falls short

You live in Quebec (not offered).

You want top travel point value (these are fixed ~1¢).

Watch-outs 5x caps at $50,000/year combined, then 1x. · 2.5% FX fee. · Not available in Quebec.


Annual fee
$120
FX fee
2.5%
Income
$80,000
Points worth
1¢/pt
Redeem for
Flexible





Verified 2026-06-30 · confidence: mediumIssuer source →
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Butter may earn a referral fee when you apply through our links, including through partner networks. This never affects our recommendations, which are based solely on your spending data, not commissions. Butter provides information and tools, not financial advice. Card details such as earn rates, fees and bonuses may change. Verify on issuer's site → Always confirm with the issuer before applying.