MBNA True Line Gold Mastercard

The MBNA True Line Gold Mastercard features one of the lowest purchase interest rates available, making it an attractive option for those who may find it challenging to pay off their full credit card balance each month. While the card doesn’t offer any rewards or additional benefits, its primary advantage is the low interest rate. With an annual fee of $39, this card is ideal for individuals who anticipate carrying a balance and want to save on interest costs. If minimizing interest expenses is your main priority, the MBNA True Line Gold Mastercard is a smart choice.

Card Summary:

This credit card has a $39 annual fee and no additional fee for supplementary cardholders. It offers a competitive 8.99% purchase rate and an 8.99% balance transfer rate, making it a cost-effective option for managing purchases and transferring balances. However, cash advances have a higher interest rate of 24.99%.

Rewards Summary:

• N/A

Benefits Summary:

This credit card provides trip assistance and legal assistance, ensuring you have support during your travels. Additionally, enjoy car rental discounts from Avis and Budget, making your trips more convenient and cost-effective.

Insurance Summary:

• Purchase Assurance
• Extended Warranty Benefits

Editor’s Review

MBNA True Line Gold Mastercard Review

The MBNA True Line Gold Mastercard stands out for its exceptionally low purchase interest rate, making it a great choice for those who may carry a balance from month to month. While it lacks rewards or extensive benefits, its primary advantage is minimizing interest expenses, which is a significant factor for many cardholders.

Card Summary:

• Annual Fee: $39
• Supplementary Card Fee: None
• Interest Rates: 8.99% (purchases), 8.99% (balance transfers), 24.99% (cash advances)
• Income Requirement: Not specified

Rewards Program:

• None

Benefits:

• Trip Assistance: Support services during travel
• Legal Assistance: Access to legal support if needed
• Car Rental Discounts: Savings at Avis and Budget

Insurance Coverage:

• Purchase Assurance: Protection against theft or damage for purchases
• Extended Warranty Benefits: Extends the warranty period on eligible purchases

Pros and Cons

Pros:

• Very low purchase and balance transfer interest rates
• Low annual fee
• No fee for supplementary cardholders
• Basic insurance coverage for purchases and extended warranties

Cons:

• No rewards program
• High interest rate on cash advances
• Limited additional benefits

Who is this card for?

This card is ideal for individuals who:

• Frequently carry a balance and want to minimize interest expenses
• Seek a low annual fee credit card
• Do not prioritize rewards or extensive benefits
• Want basic purchase protection and extended warranties

Comparison with Similar Cards

Final Verdict

The MBNA True Line Gold Mastercard is an excellent choice for those who prioritize low interest rates over rewards and benefits. With its exceptionally low purchase and balance transfer rates, this card is designed for individuals who anticipate carrying a balance and want to save on interest costs. Despite its limited perks, the card offers essential protections and support services, making it a solid option for budget-conscious cardholders who want to minimize their interest expenses.

View other MBNA Credit Cards.

View other Low Interest Credit Cards.

Disclaimer: Refer to the credit card official web page for the latest up to date 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.