MBNA Smart Cash MC: It was great knowing you...

[Jungle]

Anyone know if you can convert a former MBNA 0% interest card?

[aksher]

Anyone know if you can convert a former MBNA 0% interest card?

I just called in tonight to convert a CAA (Alberta) Mastercard. No problems at all. They said I would get new card in 10-15 business days.

[Jungle]

I just called in tonight to convert a CAA (Alberta) Mastercard. No problems at all. They said I would get new card in 10-15 business days.

That rocks!! I am calling tonight!!

[java]

Wow, this kills every 1% card out there, makes the petro points card obsolete, destroys Scotia Banks new card... If I didn't have the 2% Amex, this would be my primary card for everything... I think it'll be my new secondary card, although primary for gas and groceries... How is MBNA on issuing a second card? I have 10K @ 1.99% for life...

[Jungle]

Just got off the phone with MBNA, I was able to convert my old, platinum plus card, (expired 0% promo) into this new smart cash card! Also, to make things better, she also devided the available credit in half and issues me a new, Shopper's Drug Mart rewards card too!! ALL WITHOUT A CREDIT CHECK!! (She stated that since I was using a previous card with availabe credit, she can issue new or converted cards without an application.)

Also, she stated that the cash back card collects points, on a monthly basis and tallied with each monthly statement. Once the points reach an equivilent in $50 cash rewards, a cheque is mailed to you.

I am going to call it out now, that this smart cash card, is the best card on the market. Maybe close or better than Amex 2%, because you can use MasterCard anywhere. You can't even get the AMEX anymore, so that stinks anyway.

[HBP]

does the $600 spending cap apply to both 3% and 1% purchases?

Just 3% of $600 on gas/groceries per month, after that, it becomes 1%. General goods are always 1%.

First 6 months are promotional 5% instead of 3%

[brunes]

For those who dont ventured in the hot deals forum, mbna is coming out with a new smart cash card which can be upgraded from the permier rewards...I am going to call in and upgrade.

For more details:
http://www.redflagdeals.com/forums/s...&postcount=403

I will also add more info once i m able to get some.

NOTE: The card is NOT on the mbna website yet.

EDIT: more info

5% for gas/groceries 6 months
afterwards 3%.

1% cashback no cap on other purchases.

No annual fee

13.99%

10 months for 1.99% B/T promo

can request rebate once cashback hits $50.

otherwise same as premier rewards platinum plus.

This is a pretty sweet card.. if I wasn't already getting back 6%-12% on my gas via the whole GCR deal, I would probably switch my SPG to this one.

I don't spend much on groceries (family of two) so that is a non starter for me.

[Jungle]

if I wasn't already getting back 6%-12% on my gas via the whole GCR deal, I would probably switch my SPG to this one.

Umm how are you getting back 6-12% ?

[HBP]

Umm how are you getting back 6-12% ?

Buy Canadian Tire giftcards from GCR for 3.5% off. Buying with credit card earns you cash back (variable 1-2%). Then, purchase gas at the CT gas bar using the weekly multiplier coupon to get around 2% further return. Save up Canadian Tire money, consolidate it on a gift card, buy more gas.

[angel_wing0]

Just 3% of $600 on gas/groceries per month, after that, it becomes 1%. General goods are always 1%.

First 6 months are promotional 5% instead of 3%

So basically we are only getting 3% on $600 spending eh? That sorta sucks, i know my family spend at least $100 a week on groceries alone.

[dealzuser]

This seems to be a better card than the up to 2% AMEX... What are people's thoughts?

I gotta check with the wife whether she's got an MBNA MC. If yes, we'll call to convert.

[casperr]

The fact that is is Mastercard and not Amex already makes it a better deal. Huge chances of racking up those points because you know it will always be accepted almost anywhere

Anyways, I just hope the design is a killer too. I am not too fond of their card designs. It shouldnt be all about the design but it will be nice to have

[sanman9]

this MBNA card is the king of cashback cards right now...even angelwing is not talking about his 2% Amex now and rushed out to get this ...sorry but I couldn't resist anyways...yea great card with great platinum benefits too for no annual fee.

[P1x44r]

Anyways, I just hope the design is a killer too. I am not too fond of their card designs. It shouldnt be all about the design but it will be nice to have

Yeah, I got MBNA Platinum Plus Mastercard and I dislike its design. But with a cash back card like this I couldn't care less what they put on it.

[angel_wing0]

this MBNA card is the king of cashback cards right now...even angelwing is not talking about his 2% Amex now and rushed out to get this ...sorry but I couldn't resist anyways...yea great card with great platinum benefits too for no annual fee.

until calcuations are performed, we donno which is better.

And since i already have the prp+, it will be stupid if i dont upgrade it