Credit Card Review & Application


out of 5

- Simplify your finances while enjoying platinum services.
- You could get a 1.99% promotional annual interest rate ("AIR")† for 12 months on balance transfersâœȘ [completed within 90 days of account opening], with a fee of 1% of the amount advanced (minimum fee of $7.50)
- Access to 24/7 customer service
- Around-the-clock-fraud protection
- Immediate cash access at over 1 million ATMS worldwide
- No annual fee

Introductory APR: 1.99%*
Introductory Period: 12 months on BT
APR on Purchases: on Purchases: 19.99% *
Annual Fee: $0*
Card Issuer: MBNA Canada
Card Network: MasterCard
Card Category: Consumer (Premium)
Card Type: - Instant Decision Card
- Low Interest Credit Card
Credit Needed: Good*

Platinum Plus Master Card - 0 for 12 is the perfect card for consumers having good credit. Intending applicants must reside in Canada to qualify. Apart from good credit, a minimum $35,000 combine annual household income is needed. Applicants who do not qualify are issued a preferred card that could be upgraded in the future. There is no annual fee.

A 10 month intro period allows cardholders steer away from other credit cards that may have open that are charging higher interest rates. This intro period applies towards balance transfers and cheque cash advances. As with many cards from the same issuer, this platinum card charges fixed interest rates on all transactions (purchases, balance transfers, and cash advances).

Cardholders have the option to choose between English and French as the default language to be used for all bank correspondence. Online account management ensures cardholders can monitor expenses and have a look at all transactions made on the accounts throughout previous billing cycles. This feature is designed to complement hard-copy statements delivered to each cardholders address periodically.

Online bill payment is a feature designed for cardholders who want to pay bills on time. Using this internet related feature, a cardholder is able to schedule payment for recurring bills.

MBNA Canada provides extra benefits for cardholders to avail of. Some of these benefits include round the clock customer support, extended warranty on qualified products, and purchase protection worth $4,500 during the first 90 days in charge.

Zero fraud liability is a feature that protects cardholders from gaining liability in event an unauthorized transaction is recorded. This is complemented by a fraud protection service working all day to ensure identity thieves don't gain access to the card account. Other benefits from MasterCard are travel accident insurance, auto rental collision damage waiver and emergency cash and card replacement.

Platinum Plus Master credit card - 0 for 12 is the ideal card for individuals looking to lessen the burden of incurring high interest rates on purchases, balance transfers and cash advances. It provides platinum benefits to go with excellent customer service , a credit limit up to $100,000 (for those who qualify) and other enticing features.

We advise you read and understand the card agreement before applying.

The review prepared by

Rewards: There is no rewards program with this card.
Other Benefits: - Internet related services
- Emergency card replacement
- 24-hour customer service
See website for additional benefits.
Online Account Access: Yes
Introductory APR: 1.99%*
Applied Towards: Balance Transfer
Introductory Period: 12 months on BT*
APR on Purchases: on Purchases: 19.99% *
Annual Fee: $0*
Grace Period: 21 days*
Max Credit Line: $100,000
Late Payment Fee: $35.00*
Over Limit Fee: $25.00 per billing cycle
Balance Transfer: Yes
Minimum Fee: $7.50
APR Cash Advances: 24.99%
Cash Advance Fee: 1.00%
Minimum Fee: $7.50
Additional Fees Returned Payment Fee: $35
Returned Cheque Fee: $20.00
Monthly Statement Fee: $2.50
Sales Draft Fee: $2.50
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† Published on Apr 17, 2018. Information relating to the Platinum Plus Mastercard credit card - 0 for 12 may change without notice as a result we cannot guarantee the accuracy of details above. It is important you read the terms and conditions attached to a product before submitting the application.

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