New cardmembers can earn 5% back introductory offer on eligible purchases by completing the steps below.
How to earn it
5% cashback on eligible categories (Amazon.ca, Whole Foods Canada, groceries, restaurants)First 6 months after account opening, up to $3,000 in eligible purchases
New cardholders only. Applies to eligible purchases within first 6 months, capped at $3,000 spend.
How you earn
5% back on Amazon.ca, Whole Foods Market (Canada), groceries, and restaurants during the first 6 months (up to $3,000 spend)
2.5% back on Amazon.ca and Whole Foods for eligible Prime members after welcome period
1.5% back on Amazon.ca and Whole Foods for non-Prime members after welcome period
1% back on all other purchases everywhere Mastercard is accepted
Rewards redeemed as Amazon.ca gift card balance applied directly to eligible purchases
Built-in perks & coverage
Purchase Assurance coverage
Covers eligible items purchased with the card against loss, theft, or damage for up to 90 days from purchase date.
Extended Warranty protection
Automatically extends manufacturer warranties by up to one additional year on eligible purchases.
Mastercard Zero Liability protection
Protects cardholders from unauthorized transactions when proper security conditions are met.
Fraud monitoring and security alerts
Real-time monitoring and alerts for suspicious or unusual transaction activity on the account.
Payment flexibility via MBNA Payment Plan
Allows eligible purchases of $100+ to be converted into fixed monthly installments over 6, 12, or 18 months.
Emergency card replacement services
Provides expedited replacement card delivery in case of loss, theft, or damage.
The verdict
What we like
No annual fee, making it cost-neutral to hold
Strong Amazon and grocery-focused rewards ecosystem
Simple cashback-style structure with easy redemption
Worth noting
Rewards are locked into Amazon ecosystem (no flexible points transfer)
Lower long-term earn rates outside Prime membership benefits
Foreign transaction fee reduces value for international use
Issuer terms apply. ClearFin is not affiliated with this provider. How we make money.