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[PROMOTION] First Year Fee Waived on the MBNA Rewards World Elite MasterCard

The MBNA Rewards World Elite MasterCard is currently offering a promotion that waives it first year annual fee. However, the link to the credit card seems to be spotty, which is why I linked the main MBNA page. If you do manage to get the link to work, the highlights of the credit card are as follows:

  • $89 annual fee (waived for the first year)
  • Earn 10,000 points sign up bonus on the first purchase
  • Earn 2 points for every $1 in eligible purchases

There is no timeline on how long the first year fee is waived for, so if you are thinking about this credit card, I wouldn’t think too long. MBNA has the tendency to pull a promotion without notice; thus, the lack of deadline on the promotion.

In terms of the reward redemption, 1 point is essentially worth 1 cent. So you are getting $100 in sign up bonus points to be used on travel expenses. You are earning 2 points for every $1 spent, so that is a 2% return on all purchases, which is great value.

At the very least, you can give this credit card a try for 1 year and then decide the following year if it’s worth paying the annual fee. Basically, the more you spend, the more value you will get out of this credit card.

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Pointshogger aims to provide analysis and updates on earning loyalty reward points and maximizing the value of your points. We hope to inspire our readers to experience the joy of travel and make the most out of what they've already got!

  • Ottawa | Vancouver
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