They do. Otherwise, I wouldn't have bothered posting. Read the threads I linked to. People are still receiving both cards. I have the no-annual fee MBNA Rewards World Elite Mastercard. Someone I know has the MBNA Rewards Travel Platinum Plus Mastercard (just received this week). As, I stated earlier, however, both cards are not easy to obtain.
No sign on the mbna website, nor on the MasterCard.ca website.
MBNA Rewards World Elite Mastercard: https://www.mbna.ca/RWDapp/home?mc=WPWDCN&locale=en_CA
MBNA Rewards Travel Platinum Plus Mastercard: https://www.mbna.ca/RWDapp/home?mc=WPTRCN&locale=en_CA
You need to read the threads I linked to previously to understand what's going on.
There's nothing to update since everything is already stated in the threads I linked to on RFD. And the first people you talk to at MBNA are almost always useless. You need to talk to the Loyalty department or a supervisor.and provide an update.
The no-annual fee MBNA Rewards World Elite card is offered by invitation only, and it requires you to already have an MBNA Rewards Mastercard or MBNA Travel Rewards Platinum Plus Mastercard and meet one of the following conditions: you must have a $70K annual salary, a $120K household salary, or a $25K annual spend on a MBNA Rewards MC.
If you cold-call (no MBNA Rewards MC) MBNA without being invited and meet those requirements, you may possibly be offered the $89 annual fee version instead: https://www.applyonlinenow.com/canada/t ... /#appapply. It seems reasonable to suspect that front line CSRs are being told to push the $89 version.
Regardless, the no-annual fee MBNA Rewards World Elite Mastercard does exist. I have it. I also received my $100 sign-up bonus. And people were invited this month and last month to this card.
Read the thread: mbna-rewards-world-elite-mc-cards-have-arrived-1334506
With respect to the MBNA Rewards Travel Platinum Plus Mastercard, first line CSRs (MBNA "account managers") will generally deny the existence (claiming that it used to exist--but is only now grandfathered) of the 2% cash back, no annual fee, MBNA Rewards Travel Platinum Plus Mastercard. However, the Loyalty department/supervisors are quite capable of dishing them out. Getting them to do so requires a bit of negotiation and luck. Someone I know received this card this week in the mail. Please note that is not a World card and has lower requirements. Here are some tips for negotiating for the RTP:
mbna-rewards-travel-platinum-plus-mc-gr ... st16933727
mbna-rewards-travel-platinum-plus-mc-gr ... st16931489
You can not call in and negotiate for a no annual fee MBNA Rewards World Elite Mastercard. Again, that card is invite only (and typically the invite is through your online MBNA Rewards MC account).
The issue I'm raising has nothing to do with risk (although, point taken). Money now is always worth more than money later (basic principle usually taught in high school Economic classes). You can always invest money immediately. Having to wait an entire year for an anniversary bonus is not as good as being able to receive it before then. That said, with MBNA you must spend $2,500 first before receiving a $50 cheque or $50 credit on your Mastercard account.I agree that the 50% anniversary bonus is risky
Both cards I listed are unlimited with no tiers or annual fees.If the 2% MBNA is unlimited then it is probably worth a look
World Elitegiven that you claim it is a World Mastercard
And it's not a claim. The card simply exists. I have it.
No, not the MBNA Rewards Mastercard. SmartcashOn the other hand, MBNA burned a ton of goodwill and credibility when it gutted its Rewards card
And MBNA Mastercard is owned by TD. I note this change to Smartcash occurred after TD took over MBNA Mastercard in Canada.
No, that possibly exists regardless of the credit card company.Is there any reason to think that mbna won't pull another bait and switch?
And all credit card companies can change whatever they want to, provided notice is given. All credit card companies
have this provision written into their terms. Another example is American Express suddenly introducing a $99 annual fee to its 2% (tiered) cash back Gold card after several years (I still have one, only because American Express keeps offsetting the annual fee for me by giving
me $100-$150 GCs each January. But the moment they stop giving me $100+ GCs is the moment I cancel their card): amex-gold-credit-card-2-cash-back-best- ... ed-971181/. The point being, no credit card is safe from changes. And should MBNA suddenly nerf or introduce annual fees, I will simply do business elsewhere, just as I would if any other credit card company did something similarly. I've ditched my Smartcash World MC.