Summary: The MBNA Smart Cash MasterCard in Canada includes the benefits that MBNA offers its cardholders plus a rewards program to earn cash back on everyday purchases. New cardholders also receive an opportunity to earn bonus points on gas and groceries for the first 6 months of card membership.

Features and Benefits: No annual fee and an introductory annual interest rate of 1.99% on balance transfers and cheque cash advances for 10 months. Cardholders also receive free online account access, around the clock fraud protection and an insurance program that includes Travel Accident Insurance, Purchase Protection, Car Rental Insurance and Extended Warranty on purchases made with the card.

Rewards Program

New cardholders receive up to 5% cash back purchases of gas and groceries for the first 6 months and 3% cash back on gas and grocery purchases thereafter. Also receive 1% cash back on all other retail purchases.

Conclusion: The MBNA Smart Cash MasterCard in Canada is probably one of the best cash back cards available without an annual fee that enables cardholders to earn a large amount of points on everyday purchases. Cardholders who are interested in transferring balances to a low interest card for 10 months may be interested in this card as well.