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MBNA True Line® Gold Mastercard®
This offer is not available for residents of Quebec.Apply Now
- Network Provider
- Low InterestBalance Transfer
- Annual fee
- Purchase interest rate
- Cash advance rate
- Balance transfer rate
- Credit Needed
- Good (650-749)
- $39 annual fee
- Standard Annual Interest Rates of 8.99% on purchases, 8.99% on balance transfers✪ and access cheques, and 24.99% on cash advances
- A suite of comprehensive insurance**
- Around-the-clock-fraud protection
- Access to 24/7 customer service
- 24/7 Customer Service
- Fraud Protection
About This Card
The MBNA True Line Gold Mastercard is a low-interest credit card with an 8.99% rate on balance transfers and a 24.99% rate on cash advances.
This card carries a fee, although there is a no-fee version called the MBNA True Line Mastercard. The difference is the Gold version offers one of the best interest rates in the market: 8.99% versus 12.99% for the no-fee card.
The annual fee clocks in at $39. For that price, though, you get a card that has an impressively low purchase interest rate, a totally unique welcome offer, and robust insurance coverage.
There are, however, a few extra fees consumers need to consider before applying for the MBNA True Line Gold Mastercard.
Since MBNA is owned by TD Bank, consumers who have credit card debt on a TD-issued credit card cannot transfer their balance onto their new MBNA card. There’s also a transaction fee equal to 3% of the dollar amount of each of your balance transfers (yes, you can transfer more than one balance!). A minimum fee of $7.50 also applies for each balance you transfer. This applies to the no-fee version as well.
The interest rate for access cheques is 8.99% and cash advances are 24.99%.
Why get the MBNA True Line Gold Mastercard?
Low annual fee - For $39 a year, cardholders have access to some of the lowest interest rates in the Canadian credit card marketplace.
Low interest on purchases and balance transfers - While some credit lenders charge significantly more interest on certain transactions, the MBNA True Line Gold Mastercard has a flat interest rate for most transactions: 8.99% on all purchases and access cheques. The rate on cash advances is 24.99%.
Enhanced insurance coverage and customer service - MBNA's comprehensive suite of insurance benefits covers cardholders in a multitude of scenarios, be it identity or credit card theft, the unexpected death of an immediate family member, or serious injury in a rental car.Apply Now