The MBNA Smart Cash Platinum Plus Mastercard is the no-annual-fee version of MBNA’’s Smart Cash family. It is built for Canadians who want cash back on groceries and gas without taking on an annual fee.
Quick Verdict
Best for: no-fee cash back seekers who want MBNA’’s Smart Cash style of earning.
Not ideal for: households that can justify the stronger World Elite version or cardholders who want travel points.
Key Card Details
| Feature | Detail |
|---|---|
| Annual fee | $0 |
| Purchase interest rate | 20.99% |
| Cash advance rate | 22.99% |
| Foreign transaction fee | 2.5% |
| Income requirement | None listed |
| Network | Mastercard |
| Rewards | Cash back |
Verify current terms, earn rates, and welcome bonuses at mbna.ca before applying.
How It Works
The Smart Cash structure is simple: earn elevated cash back on everyday grocery and gas purchases, then earn a lower rate on other eligible spending. It is meant to be a practical no-fee cash back card rather than a premium benefits product.
Alternatives
Bottom Line
The MBNA Smart Cash Platinum Plus Mastercard is a straightforward no-fee option for Canadians who want cash back on household essentials. If you can qualify for the World Elite tier, it may be worth comparing the two side by side.