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Amazon.ca Rewards Mastercard Review 2026: Is It Worth It in Canada?

Updated

The Amazon.ca Rewards Mastercard — the premium tier of MBNA’s Amazon co-branded cards in Canada — earns at a higher rate on Amazon.ca purchases than the standard Amazon.ca Mastercard, and includes World Mastercard benefits. For frequent Amazon.ca shoppers who qualify for the income requirement, it delivers meaningful rewards on Amazon spending with no annual fee.

Quick Verdict

Best for: Regular Amazon.ca shoppers who qualify for World Mastercard income thresholds and want the maximum earn rate on Amazon purchases.
Not ideal for: Those who want rewards redeemable outside Amazon.ca; those who don’t shop frequently on Amazon.ca; anyone who wants cash back or transferable points (this card is Amazon-only redemption); those below the income requirement (use the standard Amazon.ca Mastercard instead).


Key Card Details

FeatureDetail
Annual fee$0
Purchase interest rate19.99%
Cash advance rate22.99%
Foreign transaction fee2.5%
Income requirement$60,000 personal / $100,000 household
NetworkMastercard (World tier)
Welcome bonusVerify current offer — typically Amazon.ca credits

Earn rates, terms, and welcome bonuses are subject to change. Verify current terms at the MBNA or Amazon.ca application page.


Earn Rates

CategoryEarn Rate
Amazon.ca purchasesElevated rate (verify current %)
All other purchasesBase Mastercard rate

Rewards are deposited as Amazon.ca promotional credits — redeemable only on Amazon.ca.


World Mastercard Benefits

As a World Mastercard, this card includes:

  • Extended warranty — doubles the manufacturer’s warranty up to 1 additional year
  • Purchase assurance — covers damage and theft for 90 days after purchase
  • Zero liability — protection against unauthorized use

Amazon.ca Rewards Mastercard vs. Alternatives

CardFeeBest RateFlexibility
Amazon.ca Rewards Mastercard$0High on Amazon.caAmazon.ca only
Amazon.ca Mastercard$0Lower on Amazon.caAmazon.ca only
Tangerine Money-Back$02% in chosen categoriesStatement credit
Amex SimplyCash$01.25% everywhereStatement credit

How to Maximize the Amazon.ca Rewards Mastercard

  1. Use it exclusively on Amazon.ca — the elevated rate on Amazon is where it earns most
  2. Check welcome bonus — typically a large Amazon.ca credit on sign-up
  3. Stack with Amazon Prime Day — buy during Amazon sales to earn on already-discounted items
  4. Use another card for non-Amazon purchases — the base earn rate on general spending is modest

Details current as of June 2026. See our Advertiser Disclosure.