Amazon.ca Rewards Mastercard

The Amazon.ca Rewards Mastercard from MBNA provides substantial rewards for Amazon and other purchases. Enjoy 5% back on Amazon.ca, Whole Foods, grocery stores, and restaurants for the first 6 months (up to $3,000). After this period, Prime members receive 2.5% back, and non-Prime members get 1.5% back on Amazon and Whole Foods purchases. Additionally, earn 1% back on all other purchases.

Welcome Offer

Earn 5% back on eligible purchases up to $3,000 during the first 6 months.

Summary

This credit card has no annual fee, allowing you to enjoy its benefits at no extra cost. The purchase interest rate is 19.99%, while cash advances and balance transfers have an interest rate of 22.99%. These rates apply to your outstanding balances, so it’s important to manage your spending and payments to avoid unnecessary interest charges.

Rewards

This credit card offers generous rewards, especially for Amazon shoppers and food enthusiasts. For the first six months, you earn 5% back on purchases at Amazon.ca, Whole Foods, grocery stores, and restaurants. After that, Prime members get 2.5% back at Amazon.ca and Whole Foods, while non-Prime members earn 1.5% back. All other purchases earn 1% back, ensuring you always get rewards no matter where you shop.

Benefits

This credit card offers the convenience of using your rewards directly on Amazon.ca, making it easy to save on your purchases. It has no annual fee, so you can enjoy its benefits without any extra cost. Additionally, the MBNA Payment Plan helps you manage large purchases by breaking them into smaller, more manageable payments. This flexibility makes it a great choice for frequent Amazon shoppers and anyone looking to spread out the cost of bigger buys.

Insurance

• Purchase Assurance
• Extended Warranty
• Zero Liability protection

Editor’s Review

MBNA Amazon Rewards Mastercard Review

The MBNA Amazon Rewards Mastercard is a solid choice for frequent Amazon shoppers and those who enjoy dining out and grocery shopping. With no annual fee and competitive rewards rates, this card provides significant value through cashback on Amazon purchases and other everyday spending.

Key Features

• Annual Fee: $0
• Interest Rates:
  • Purchases: 19.99%
  • Cash Advances: 22.99%
  • Balance Transfers: 22.99%
• Rewards:
  • 5% back on Amazon.ca, Whole Foods, groceries, and restaurants for the first 6 months (up to $3,000)
  • 2.5% back on Amazon.ca and Whole Foods for Prime members after the welcome period
  • 1.5% back for non-Prime members after the welcome period
  • 1% back on all other purchases

Benefits

• Cashback Usage:
  • Apply rewards directly to Amazon.ca purchases
• Additional Perks:
  • Purchase Assurance (90 days coverage for most items)
  • Extended Warranty (up to an additional year)
  • Savings on car rentals with Avis and Budget

Security Features

• Zero Liability for unauthorized transactions
• Chip & PIN technology
• Mastercard contactless payments

Pros and Cons

Pros

• No annual fee
• High cashback rates on Amazon and everyday purchases
• Extensive purchase protection and extended warranty

Cons

• Higher interest rates on cash advances and balance transfers
• Lower cashback rates for non-Prime members after the welcome period

Who Is This Card For?

This card is best suited for regular Amazon shoppers and Prime members who want to maximize their savings on Amazon purchases. It’s also a great option for those who frequently spend on groceries and dining out, offering substantial cashback rewards without an annual fee.

Comparison Table

Final Verdict

The MBNA Amazon Rewards Mastercard is an excellent option for those who frequently shop on Amazon and want to earn rewards on their everyday spending. With no annual fee and substantial cashback rates, it provides significant value, especially for Prime members. While the interest rates on cash advances and balance transfers are high, the card’s overall benefits make it a strong contender for anyone looking to maximize their savings on Amazon and beyond.

Score: 8.3/10

Disclaimer: Refer to the official credit card web page for the latest rates, terms, and conditions. Nothing in the Site constitutes professional and/or financial advice, nor does any information on the Site constitute professional and/or financial advice.