Friday, September 14, 2012

MBNA Smart Cash MasterCard credit card

Investing through ETF is one way to earn passive income through investing.  However, everyday, you spend using your credit card.  A great way to save and earn more is purchasing grocery and gas through the best no-fee cash back rewards in Canada.  
In a promotion with  Great Canadian Rebates, a truly Canadians to save earn money back through purchases items online.  Great Canadian Rebates is offering $60 rebate by signing up the credit through the website.  You will need to go to the link above, sign up and click on the MBNA Smart Cash MasterCard link.

Sign up for the MBNA Smart Cash MasterCard here.  You must go through Great Canadian Rebates link in order to earn $60.  You must not exit the browser and come back to sign the link.  See Great Canadian Rebates for more details.

Here is the summary of the Benefits for using the MBNA Smart Cash MasterCard:

  • Up to 5% cash back on qualifying net retail gas and grocery purchases for the first 6 months
  • Up to 3% cash back on qualifying net retail gas and grocery purchases thereafter
  • Up to 1% cash back for all other qualifying net retail purchases
  • Around-the-clock fraud protection
  • Free online access to your credit card account
  • 1.99% annual interest rate on balance transfers, access cheques and deposits for the first 10 full months
  • No annual fee  free additional cards you’ll start to see the benefits right away
  • Once your cash back totals at least $50 at the end of a monthly billing cycle, they’ll automatically mail you a cheque - it’s that simple
  • MBNA is now part of the TD Bank Corporation
Only the first $600 spent each month will earn 3% cash back rebate paid on gas and grocery purchases All other purchases thereafter are eligible for 1% cash back.  Other purchases other than gas and grocery will earn you 1% cash back.  Notice that Walmart SuperCenter also earns you 3% even with non-grocery items!