Platinum Plus® MasterCard® Credit Card - 1.99 for 10
Consumer (Premium) Credit Card -- MBNA Canada.
Basic Information
- 1.99% introductory Annual Interest Rate† for 10 months on Cheque Cash Advances and Balance Transfers*
- No Annual Fee
- 17.99% Annual Interest Rate on Purchases and 19.99% Annual Interest Rate on Cash Advances
- Around-the-clock fraud protection
- Online access to your credit card account
- Unparalleled 24-hour Customer service
- Immediate cash access at 430,000 ATMs internationally
1.99%*Intro APR
10 months*Intro APR Period
$0.00*Annual Fee
Good*Credit Needed
21 days*Grace Period
$35.00*Late Payment Fee
Card Review
Platinum Plus Master Card (1.99% apr for 10 months) Cardholders do not pay annual fees but are still entitled to platinum benefits from MBNA Canada and Master Card. Individuals wishing to take advantage of this offer must reside in Canada and have a total annual household income exceeding $35,000. Most important of all is to have good credit as prior bankruptcy or severe delinquencies are not a good sign.
The 1.99 for 10 in its name comes from an introductory Apr period during which 1.99% interest is charged on balance transfers and cheque cash advances throughout a 10 month period. This could be highly encouraging for a cardholder having balance on another card charging much higher rates. Purchase transactions do not partake in the intro period. Just like many other MBNA Canada cards, this charges a fixed interest rate on applicable transactions throughout ones membership period.
Additional benefits include internet related services such as online account access and online bill pay, travel accident insurance, auto rental insurance, 24hr customer support and many more.
Rewards & Benefits
- Emergency card replacement
- 24-hour customer service
See website for additional benefits.
Card Finance & Rates
Other Fees
Returned Cheque Fee: $20.00
Monthly Statement Fee: $2.50
Sales Draft Fee: $2.50
Notes
The information provided for the Platinum Plus MasterCard Credit Card - 1.99 for 10 is considered to be accurate at the time of posting (Sep 7, 2009). However, we strongly advise site visitors to check the terms and conditions applicable to the product on the card issuers application page prior to completing an application.
Application Security
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