Independent ClearFin review · MBNA
Start with 5% cash back on gas and groceries for the first 6 months.
Current new-cardmember offer
Confirm with the issuer
⛽ Gas & GroceryIts strongest published earn rate in our data is 2.0% on groceries. With no annual fee, it can be easier to keep long term without needing rewards to offset a yearly cost.
Checked 2026-08-09 · Official issuer catalogueNew cardmembers can earn 5% cash back on gas and groceries for the first 6 months by completing the steps below.
The accelerated offer applies subject to the issuer's monthly purchase cap and full offer terms.
Confirm final approval criteria and current rates directly with the issuer.
Approval is based primarily on credit history, payment behavior, and overall creditworthiness. No published minimum credit score is disclosed by the issuer.
ClearFin estimate on Canada's 300–900 scale. This is not an issuer cutoff or approval guarantee; lenders may use different bureau scores and underwriting criteria. This is an entry-level cashback card designed for broad consumer accessibility. Applicants with limited or fair credit histories may qualify, but stronger credit profiles improve approval odds and credit limits. Income is not a primary gating factor in published criteria.
Reward limits: Accelerated cashback rates are strictly capped in both promotional and ongoing structures. The 5% introductory rate applies only for the first 6 months and is limited to $500 in gas and grocery purchases per month. After the promotional period, the 2% earn rate on gas and groceries continues with the same $500 monthly cap. All other purchases earn 0.5% cash back with no category cap. Caps reset monthly for category spend and fully reset at the end of each billing cycle.
Earning cap
Earning cap
Redemption values and availability may vary by option and can change.
Redeem earned cash rewards using the issuer's available cash-back or statement-credit options.
Minimum redemption amounts, automatic payout timing, and eligible account credits vary by issuer; confirm the current program terms before applying.
Consider these extras by the value they add to purchases and experiences you already use.
Purchase assurance coverage
Covers eligible items against loss, theft, or damage for up to 90 days from purchase when paid with the card.
Extended warranty protection
Extends manufacturer warranties by up to one additional year on eligible items purchased with the card.
Emergency card replacement
Provides replacement card issuance within 7–10 business days in case of loss or theft.
Payment flexibility via MBNA Payment Plan
Allows eligible purchases over $100 to be converted into fixed monthly installments (6, 12, or 18 months).
No annual fee structure
Card has no annual fee, making it a low-cost tool for cashback accumulation.
Mastercard Zero Liability protection
Protection against unauthorized transactions when card security conditions are met.
No included coverage is verified in ClearFin's current catalogue.
This does not prove that coverage is unavailable. Confirm the issuer's current certificate and benefit guide before relying on protection.
Check the official card page ↗What we like
Worth noting
A practical reading of where the card earns, what the fee buys, and which limits matter.
2% cashback on gas & groceries ($500/mo cap). 0.5% on everything else. No annual fee.
Groceries, Gas receive the strongest estimated return at 2.0%. Purchases outside the accelerated categories earn an estimated 0.50%.
There is no annual fee to recover, which can make the card easier to keep for credit-history length or occasional use. Interest and other transaction fees can still apply.
This card is most relevant for someone who spends consistently on groceries and gas and prefers to avoid a yearly fee.
Compare the purchase interest rate, foreign-transaction fee, approval requirements, reward limits, and insurance certificates. Pay particular attention to merchant-category rules because a store may not receive the reward rate its products appear to suggest.
Issuer terms apply. ClearFin is not affiliated with this provider. How we make money. Card facts were checked against the issuer's official source. The issuer's current catalogue was checked. Any field not explicitly listed remains marked as unverified rather than estimated.
