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Applying for a credit card can be a significant financial decision, and the MBNA Smart Cash Platinum Plus Mastercard offers a range of features that make it an attractive option for many.

This guide will walk you through the process of applying for this credit card, highlight its benefits and drawbacks, and help you decide if it’s the right choice for you.

How Does the MBNA Smart Cash Platinum Plus Mastercard Work?

The MBNA Smart Cash Platinum Plus Mastercard is designed to offer cashback rewards on everyday purchases, making it an appealing option for individuals who want to maximize their spending benefits.

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The card provides a percentage of cashback on eligible purchases, which accumulates in the cardholder’s account and can be redeemed later.

Cardholders can earn higher cashback rates on specific categories such as groceries and gas, while earning a standard rate on all other purchases.

The card also includes additional features like purchase protection and extended warranty coverage, enhancing the overall value.

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→ CLICK HERE TO REQUEST YOUR CREDIT CARD

Advantages of the MBNA Smart Cash Platinum Plus Mastercard

Here are ten key advantages of the MBNA Smart Cash Platinum Plus Mastercard:

  • High Cashback Rates on Essentials: Earn up to 2% cashback on groceries and gas purchases, helping you save on everyday essentials.
  • Standard Cashback on Other Purchases: Enjoy a 0.5% cashback rate on all other purchases, ensuring you earn rewards on everything you buy.
  • No Annual Fee: There is no annual fee for the MBNA Smart Cash Platinum Plus Mastercard, making it a cost-effective choice.
  • Welcome Bonus: New cardholders can benefit from a welcome bonus offer, providing an extra incentive to apply.
  • Purchase Protection: Purchases made with the card are protected against theft or damage for a certain period after the purchase date.
  • Extended Warranty: Extend the manufacturer’s warranty on eligible items purchased with the card, providing additional peace of mind.
  • Balance Transfer Option: Transfer balances from higher interest rate cards to the MBNA Smart Cash Platinum Plus Mastercard at a competitive rate.
  • Fraud Protection: Advanced security features help protect against unauthorized transactions, ensuring your financial safety.
  • 24/7 Customer Service: Access to round-the-clock customer service for assistance with any card-related queries or issues.
  • Global Acceptance: The card is accepted at millions of locations worldwide, making it a convenient option for international travel.

Disadvantages of the MBNA Smart Cash Platinum Plus Mastercard

While the MBNA Smart Cash Platinum Plus Mastercard offers numerous benefits, it also has some drawbacks to consider:

  • Lower Cashback on Non-Essentials: The 0.5% cashback rate on non-grocery and gas purchases is relatively low compared to some other cashback cards.
  • Foreign Transaction Fees: Transactions made in foreign currencies may incur additional fees, making it less ideal for frequent international travelers.
  • Credit Score Requirements: Applicants need a good to excellent credit score to qualify, which may exclude some potential users.

Is It Worth Applying for the MBNA Smart Cash Platinum Plus Mastercard?

Deciding whether to apply for the MBNA Smart Cash Platinum Plus Mastercard depends on your individual financial situation and spending habits.

If you frequently spend on groceries and gas and prefer a no-annual-fee card, this card could be a great fit.

The cashback rewards and additional benefits like purchase protection and extended warranty add value.

However, if you prefer higher cashback rates on a wider range of categories, need travel insurance, or plan to use your card internationally often, you might want to explore other options.

Consider your specific needs and compare with other available credit cards to make an informed decision.

→ CLICK HERE TO REQUEST YOUR CREDIT CARD

Requirements to Apply for the MBNA Smart Cash Platinum Plus Mastercard

To apply for the MBNA Smart Cash Platinum Plus Mastercard, you need to meet the following requirements:

  • Age: You must be at least the age of majority in your province or territory of residence.
  • Residency: You must be a resident of Canada.
  • Credit Score: A good to excellent credit score is typically required.
  • Income: Proof of a steady income to demonstrate your ability to repay credit.
  • Identification: Valid government-issued ID and social insurance number.

How to Apply for the MBNA Smart Cash Platinum Plus Mastercard

Follow these steps to apply for the MBNA Smart Cash Platinum Plus Mastercard:

  1. Visit the MBNA Website: Go to the official MBNA website.
  2. Navigate to Credit Cards: Select the “Credit Cards” option from the menu.
  3. Find the Smart Cash Card: Locate the MBNA Smart Cash Platinum Plus Mastercard from the list of available cards.
  4. Review the Details: Read through the card details, terms, and conditions.
  5. Click Apply Now: Select the “Apply Now” button to start your application.
  6. Fill in Personal Information: Provide your personal details, including your name, address, and contact information.
  7. Financial Information: Enter your financial information, including income and employment details.
  8. Review and Submit: Review your application for accuracy and submit it for approval.

→ CLICK HERE TO REQUEST YOUR CREDIT CARD

Frequently Asked Questions

What is the cashback rate for the MBNA Smart Cash Platinum Plus Mastercard?

The card offers up to 2% cashback on groceries and gas, and 0.5% on all other purchases.


Is there an annual fee for the MBNA Smart Cash Platinum Plus Mastercard?

No, there is no annual fee for this card.


Can I use the MBNA Smart Cash Platinum Plus Mastercard internationally?

Yes, but be aware that foreign transaction fees may apply.


How do I redeem my cashback rewards?

Cashback rewards are redeemed as statement credits on your account.


What is the minimum credit score required to apply?

A good to excellent credit score is recommended for approval.


Does the card offer travel insurance?

No, the MBNA Smart Cash Platinum Plus Mastercard does not include travel insurance.


In conclusion, the MBNA Smart Cash Platinum Plus Mastercard offers valuable benefits for those looking to earn cashback on their everyday purchases, especially groceries and gas.

By understanding the advantages, disadvantages, and application process, you can make an informed decision about whether this card meets your financial needs.

→ CLICK HERE TO REQUEST YOUR CREDIT CARD