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Canadian Platinum Plus MasterCard Credit Card

Posted on October 5th, 2010 | admin

Canadian Platinum Plus MasterCard Credit Card Review

The Platinum Plus MasterCard Credit Card is from MBNA credit company and is a Canadian credit card. This credit card features a 15 month introductory period with 0% APR and no annual fee. The Platinum Plus MasterCard also features platinum member benefits such as 24/7 customer service, fraud protection, and million of stores and ATMs across the globe which accept the card.

This Canadian credit card features a long period of low interest which gives you great incentive to switch from a high interest card to a low one in order to make the payments more freely. This credit card also has no annual fee and low fees in other things like cash advances and other fees. However, like most Canadian credit cards, this one has nothing in the way of a rewards program and is in most ways a basic credit card with no real frills or gimmicks. Instead, it rides on its long term low interest term and entices people to join up in order to pay down their bills easier.

The Platinum Plus MasterCard credit card has no annual fee and after the 15 month introductory period, it has an APR of 17.99%. There is a fee of 19.99% on balance transfers made after the fifteen month period, so be sure to get all of your bills lined up beforehand. Fees for things like cash advances are average for this sort of credit card at 1% of the total cash advance or $7.50; whichever is more.

The Platinum Plus MasterCard credit card is a fairly basic credit card with the perk of a longer introductory period of no interest. You also get platinum member benefits such as top of the line customer service and fraud protection. However, you need to have a good credit rating and if you don’t, you may want to consider one of the secured or lower credit MasterCards from MBNA instead and work up to this one.


Apply for the Platinum Plus Canadian MasterCard Credit Card

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Smart Cash MasterCard Canadian Credit Card

Posted on October 4th, 2010 | admin

Smart Cash MasterCard Canadian Credit Card Review

The Smart Cash MasterCard credit card from MBNA is a cash back Canadian credit card which offers competitive cash back rewards and an average to slightly higher APR. The main advantage of this cash back credit card is that you can cash out at any time you have $50.00 and there is no annual fee. This credit card also gives a pretty basic cash back system, so it’s easy to keep track of.

The main perk of this car is the cash back rewards system that it uses. You can get up to 5% on groceries and gas for the first six months of use and then up to 3% on groceries and gas afterwards. On everything else, there is a base rate of 1% cash back. Unlike many cash back cards that make you wait a year before pulling out whatever’s left after interest rates have finished mangling it, you can redeem with the Smart Cash in increments of $50.00 and whenever you want to. This makes it much easier to get your cash back, especially if you are fairly immodest spender. For the first six months, you can earn up to $3000 of cash back rewards and after that period is over, there is a cap of $600 (after which you’ll only earn 1% cash back on everything until the month is over). While this isn’t as huge a cash back system as the American counterparts, it is one of the best for Canadian credit cards.

The other thing that makes this cash back credit card stand out among many others is the lack of annual fee which has many people hopping on board this card. However, it is important to note that while there is a six month period with only 1.99% APR, afterwards it turns to 19.99% which is pretty high considering that you’re only getting the cash back and a few insurance perks you could take advantage of. In terms of other fees, this card is pretty basic, such as the $7.50 for cash advances.

The Smart Cash MasterCard credit card is a useful card if you are more interested in cash back, spend quite a bit on a credit card and can afford to keep on top of it. If this is you, then this is a very good card as the rewards program is solid and there is no annual fee. However, if this does not describe you, then this really isn’t the best card for you as it does hold a high interest rate and you do have to store up at least $50.00 before you can take anything out, meaning that for any low credit card spenders, it could take ages to see any cash back. However, for a Canadian credit card, this one is near the top of the list for desirable credit cards. That makes it well worth considering if you live in the Great White North.

Apply for the Smart Cash MasterCard Credit Card

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