MBNA Smart Cash World Mastercard

The MBNA Smart Cash World Mastercard is a cash-back credit card that offers competitive rewards on everyday purchases. Enjoy 5% cash back on gas and groceries for the first 6 months (up to $500 monthly), then 2% cash back on these categories thereafter, plus 1% on all other purchases.

Welcome Offer

Earn 5% cash back on gas and groceries for the first 6 months, with a monthly cap of $500.

Summary

The MBNA Smart Cash World Mastercard has an annual fee of $39. It features a purchase interest rate of 19.99%. For cash advances, the rate is 24.99%, and for balance transfers, it’s 22.99%. These rates apply to outstanding balances, so it’s important to manage payments to avoid additional charges.

Rewards

The MBNA Smart Cash World Mastercard offers 5% cash back on gas and groceries for the first six months, up to $500 monthly. After that, you earn 2% cash back on these purchases. For all other purchases, you get 1% cash back. This makes it an excellent card for maximizing rewards on everyday spending.

Benefits

The MBNA Smart Cash World Mastercard includes a Rental Vehicle Collision Damage Waiver, providing coverage for rental cars and adding peace of mind while traveling. Additionally, the MBNA Payment Plan helps you manage large purchases by breaking them into smaller, manageable payments. This flexibility makes it easier to handle bigger expenses.

Insurance

• Purchase Assurance and Extended Warranty
• Price Protection
• Travel Assistance

Editor’s Review

MBNA Smart Cash World Mastercard Review

The MBNA Smart Cash World Mastercard is an excellent choice for those seeking a cashback card with no high annual fees and solid everyday rewards. With high cashback rates on gas and groceries, it offers a great value for those with substantial spending in these categories.

Key Features

• Annual Fee: $39
• Interest Rates:
  • Purchases: 19.99%
  • Cash Advances: 24.99%
  • Balance Transfers: 22.99%
• Rewards:
  • 5% cashback on gas and groceries for the first 6 months (up to $500 monthly)
  • 2% cashback on gas and groceries thereafter (up to $500 monthly)
  • 1% cashback on all other purchases

Benefits

• Travel and Purchase Protections:
  • Rental Vehicle Collision Damage Waiver
  • Purchase Assurance (90 days)
  • Extended Warranty (up to an additional year)
  • Price Protection (up to $500 per item, $1,000 per year)
• Additional Perks:
  • Mastercard contactless payments
  • Zero Liability for unauthorized transactions
  • Savings on car rentals with Avis and Budget

Security Features

• Chip & PIN technology
• Card Verification Code (CVC)
• Zero Liability for unauthorized transactions

Pros and Cons

Pros

• High cashback rates on gas and groceries
• Comprehensive purchase protection
• Low annual fee

Cons

• High-interest rates on cash advances and balance transfers
• Monthly spending cap on higher cashback rates

Who Is This Card For?

This card is ideal for individuals with significant spending on gas and groceries who want to earn cashback on everyday purchases without a high annual fee. It’s also a good fit for those seeking additional purchase protection benefits.

Comparison Table

Final Verdict

The MBNA Smart Cash World Mastercard is a fantastic option for those looking to maximize their cashback on gas and groceries without incurring high fees. The initial welcome offer provides significant value, and the ongoing rewards make it a competitive choice in the cashback card market. The additional purchase protections and low annual fee further enhance its appeal, making it an excellent choice for everyday spending.

Score: 8.5/10

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.