Get 5% Cash Back†† on eligible gas and grocery purchases for the first 6 months (until the total gas and grocery purchases in the applicable month reaches $500)
Get 2% Cash Back‡ on eligible gas and grocery purchases thereafter (until the total gas and grocery purchases in the applicable month reaches $500)
Get 0.5% Cash Back‡ for all other eligible purchases
Standard Annual Interest Rates of 19.99% on purchases, 22.99% on balance transfers✪ and 24.99% on cash advances
Take advantage of a card that provides Cash Back on eligible purchases and has no annual fee. Apply now for the Smart Cash® credit card.
About This Card
The MBNA Smart Cash Platinum Plus® Mastercard® is a no-fee credit card that offers cash-back rewards and a tempting introductory offer.
New cardholders will earn 5% cash back on gas and grocery purchases for the first six months of their membership. That’s one of the highest earn rates you can get — lenders usually don’t exceed that percentage level in Canada.
As for how the earn rate breaks down, it’s pretty straightforward: spend $100 on the card, receive $5 back.
There is a $500 spending cap in place, though. Translated, it means that once you spend $500 on your new card you'll stop receiving 5% cash back. Your earn rate drops to 0.5% until the next billing period starts. Not as much, for sure, but not shabby either.
Here's how rewards work after the introductory period has passed.
On gas and grocery purchases:
You earn 2% cash back on gas and grocery purchases, but only up until you spend $500 on the card. Once you cap out, your earn rate goes down to 0.5% cash back.
This is a monthly spend cap. When you start your new billing period, you'll be back at earning 2% cash back until you reach the $500 cap.
It works a lot like revolving credit, though, the spend cap shouldn't be confused with your monthly credit limit.
On everything else:
All other purchases — meaning, not gas and grocery — earn 0.5% all month long.
Beyond the opportunities to earn extra cash, MBNA offers cardholders a comprehensive suite of insurance benefits, which are underwritten by Allianz Global Risks US Insurance Company.
The MBNA Smart Cash Platinum Plus® Mastercard® charges 19.99% APR on purchases, 22.99% for balance transfers and 24.99% on cash advances.
Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this MBNA credit card, please click on the Apply Now button.
Why get the MBNA Smart Cash Platinum Plus® Mastercard®?
Get cash back - The Smart Cash Platinum Plus® offers one of the best cash-back opportunities in the Canadian credit card market. You’ll earn 5% on gas and grocery purchases for the first six months, capping out at $500 in cash back a month.
Top-tier insurance coverage - Having a platinum-tier MBNA credit card (second from the top in MBNA's hierarchy) entitles you to a number of travel and purchase insurance coverages. Included with your card membership is coverage for: rental vehicles; assistance with lost luggage, travel documents, and tickets; legal advice, should you need it while out of the country; identity theft, and much more.
24-hour customer service - As an MBNA cardholder, you can request a credit increase and have it applied to your account within one hour. All it takes is a phone call to customer service. In the event of an emergency, MBNA provides a number of options. Agents can supply an emergency cash transfer of up to $5,000, or you can make a wire transfer via Western Union.
Get versatility - The Smart Cash Platinum Plus® is part of the Mastercard network, one of the most widely accepted credit cards in the world. So, take a deep breath — you won’t need to worry about merchants rejecting your card while you’re abroad.
Important Notice: Effective from the first day of your statement period beginning September 2025 and reflected on your October 2025 statement. Standard Annual Interest Rates of 21.99% on eligible purchases, 22.99% on balance transfers✪, and 22.99% on cash advances
‡, ††, ✪, Terms and Conditions apply.
This offer is not available for residents of Quebec. For residents of Quebec, please click here.
Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this MBNA credit card, please click on the “Apply Now” button.
The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank. ®MBNA and other-trademarks are the property of The Toronto-Dominion Bank.
