Low Interest
MBNA True Line Gold Mastercard
MBNA Canada
Annual Fee
$39
Purchase APR
10.99%
Cash Adv. APR
24.99%
RateBuddy Verdict
The Good
- Features an exceptional 10.99% standard interest rate on purchases, saving significant money if you carry a balance.
- Unlike the standard True Line card, the Gold version includes Purchase Assurance and Extended Warranty benefits.
- Allows you to add up to 9 authorized users at absolutely no extra cost.
The Trade-offs
- Does not include the 0% promotional balance transfer offer found on the no-fee version of the card.
- Charges a $39 annual fee, which you must weigh against the interest savings compared to a no-fee card.
Rewards & Earnings
Base Rate 0.00%
Rewards Summary: No rewards; this card is designed strictly to minimize interest costs with an ultra-low 10.99% standard purchase rate.
- All Purchases: No rewards points or cashback earned
Welcome Bonus Details
Features & Benefits
Extended Warranty Insurance
Doubles manufacturer warranty up to 1 year
Purchase Security Insurance
Purchase Assurance for 90 days (Up to $60k lifetime)
Low Purchase Interest
10.99% low purchase interest rate
Additional Perks
- :
- :
- :
- :
- :
Insurance Coverage
Purchase Assurance
Coverage for the first 90 days from the date of purchase. Lifetime total accumulative limit of $60,000 per account.
Extended Warranty Benefits
Doubles the written warranties for up to one additional year on most new purchases.
Trip Assistance and Legal Assistance
Support for Lost Document and Ticket Replacement, Lost Luggage Assistance, Pre-trip Information and Legal Assistance.
Mastercard Zero Liability
Protection against unauthorized purchases in-store, online, or at ATMs.
Rates & Fees Details
| Purchase APR | 10.99% |
|---|---|
| Cash Advance APR | 24.99% |
| Balance Transfer APR | 13.99% |
| Annual Fee | $39 |
| Supplementary Card | $0.00 |
| Income Required | No specific requirement listed. |