Rewards Calculator Algorithm
You can estimate your rewards by inputting your monthly or yearly spending habits.
Finly factors in all the reward limits and fine prints of every single credit card so you can be sure your results are as accurate as possible.
Your Spending
Modify your spending numbers and click update to get the most accurate reward estimates.
$2,000
Restaurant, Fast Food & Coffee Shop
$
Grocery
$
Recurring Purchases (Bills, Subscriptions, Rent via Chexy)
$
Gas
$
Transportation
$
Entertainment (Movies, Concerts, etc.)
$
Foreign Purchases (Non $CAD)
$
Travel (Flights, Hotels, etc.)
$
Pharmacy
$
Online Shopping
$
Home Improvement (Renovation, Furniture)
$
Purchases at Canadian Tire, Sport Check, Lquipeur, Atmosphere, Party City, SportsRousseau, HockeyExperts, LentrepduHockey
$
Other Purchases Not Specified
$
Card Details
Based on $2,000 spending
First Year Value
$474.19
$329.46 in years after
Annual Rewards
$329.46
MBNA Rewards
First Year Bonus
$144.73
MBNA Rewards
Annual Fee
$0
First Year Value
$474.19
$329.46 in years after
Interest Rates
Cash Advance: 24.99%
Purchase: 19.99%
Annual Fee
$0
Annual Income
Personal: N/A
Household: N/A
Credit Score
Good
Welcome Bonus
5000 points going paperless, 5000 points after spending 500 in 3 months, 2 extra points in the first 3 months for up to 20000 points for each category (Food, Groceries, Digital media, membership and household utility purchases)
Card Type
Category: Points
Loyalty Program: MBNA Rewards
Our Rating
3.4/5
Institution
MBNA
Rewards
- 2 points on restaurant, grocery, digital media, membership, and household utility purchases (Maximum 20000 yearly)
- 1 point for everything else
MBNA Rewards Platinum Plus Mastercard® Points Calculator
Based on $2,000 spending
Rewards Ranking
Rewards Breakdown
Food and drinks
8,400 points
Groceries
8,772 points
DigitalGoods
240 points
Household Utilities
480 points
All other purchases
15,054 points
Net Annual Rewards
32,946 points
Valued at $329.46
Rewards Summary
Net Annual Rewards
32,946 points
Valued at $329.46
First Year Card Bonus
14,473 points
Valued at $144.73
First Year Card Value
47,419 points
Valued at $474.19
Point Redemptions
Redemptions Chart
Travel
$474.19
Gift Cards
$393.58
Merchandise
$379.35
Statement Credits - Platinum
$237.1
Insurance & Benefits
Insurance
Coverage
Mobile Device Insurance
$1000
Purchase Protection
Up to 90 days
Extended Warranty
Up to a year
Benefits
Details
Annual Birthday Bonus
10% of the Points earned the 12 months prior to the primary cardholder's birthday month (up to a max 10,000 bonus points per year)
Car Rental Discount
10% off base rate of Avis Rent A Car and Budget Rent A Car in Canada and US and 5% internationally
Pros & Cons
Pros
- One of the best no-annual-fee credit cards in Canada, both in terms of rewards and signup bonus. Both restaurants and groceries, two of the most commonly spent categories, earn decent rewards. Great annual birthday bonus with up to $100 in value.
Cons
- Points must be used for travel otherwise the points won't have much value
- There are better alternative cards both for cashback and paid cards that have higher reward rates