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Platinum Plus MasterCard Credit Card - 1.99% for 10 Months. MBNA Canada.

Platinum Plus® MasterCard® - 1.99% for 10 Months

- No Annual Fee
- Low 1.99% introductory interest rate for 10 months on Balance Transfers * and Cheque Cash Advance
- Credit limit up to $100,000
- Around the clock fraud protection
- Unparalleled 24-hour Customer service
- International acceptance at millions of locations
- Immediate cash access at 430,000 ATMs internationally

(4.5 out of 5.0)

Information - Rates - Fees

Intro APR:

1.99%*

Applied Towards:

Balance Transfer

Intro Period:

10 months*

APR:

17.99%*

APR Type:

variable

Annual Fee:

$0*

Issuer:

MBNA Canada

Card Network:

MasterCard

Card Category:

Consumer (Premium)

Card Type:

Instant Decision Card
Low Interest Credit Card

Credit Needed:

Good*

Grace Period:

21 days*

Max Credit Line:

$100,000

Late Payment Fee:

$25.00*

Over Limit Fee:

$25.00

Balance Transfers

Balance Transfer:

Yes

Transfer Fee (%):

1.00%

Minimum Fee:

$7.50

Cash Advances

APR on Cash Advances (%):

19.99%

Cash Advance Fee (%):

1.00%

Minimum Fee:

$7.50

Other Fees

Additional Fees

Returned Payment Fee: $25.00
Returned Cheque Fee: $20.00
Monthly Statement Fee: $2.50
Sales Draft Fee: $2.50

Review by CreditCardsBay™ Canada

This card is for individuals having good credit who want to take advantage of a platinum card. Applicants must be over 18years, resident in Canada and have a combined household income exceeding $35,000 to qualify.

A rewards program in its traditional sense of earning points or miles per dollar is unavailable to cardholders but what do you call a unique feature that allows you spend freely without having to worry about interest rates. Yes, the Balance Transfer feature of this card applies to new cardholders ensuring these individuals can do balance transfers and cash advances they want only within a 10 month period.

The CreditWise coverage protects cardholders in event of a mishap. Job losses, terminal illness and disability are all included in the protection package exclusively available to cardholders. This coverage charges a monthly fee.

Additional benefits are disclosed in the full review.

Rewards & Benefits

Rewards:

There is no rewards program with this card.

Other Benefits:

- Internet related services
- Emergency card replacement
- 24 hour Fraud protection
*See website for additional benefits.

Online Access:

Yes!

The information provided for Platinum Plus MasterCard - 1.99% for 10 Months is believed to be accurate at the time of evaluation (May 8, 2012). We strongly advise visitors to review the terms and conditions to verify accuracy of the information posted prior to applying for the product.