VaultNerd
MBNA True Line Mastercard
balance-transfer3.5 / 5

MBNA True Line Mastercard

MBNA

Best for

Anyone carrying high-interest credit card debt who needs 12 months of breathing room to pay it down.

Apply on MBNA
Annual fee
None
FX fee
2.5%
Purchase APR
12.99%
Income req.
—
Recommended credit score
640+
Approval difficulty
Moderate approval

VaultNerd estimate based on the card's tier and income requirements — not an official issuer cutoff. Approval also depends on income, debt, and credit history.

Our verdict

A pure debt-management tool: 0% on balance transfers for a year with no annual fee. Skip it for rewards, but it is among the best balance-transfer cards in Canada.

Reward rates

All purchases
No rewards program - this card is built for low interest and balance transfers
0%

Pros

  • One of Canada's best balance-transfer offers: 0% for 12 months
  • No annual fee and a low ongoing purchase rate

Cons

  • No rewards, no insurance coverage
  • 3% balance transfer fee and a steep 24.99% cash advance rate
  • Promotional offer not available to Quebec residents

Perks

  • Promotional 0% interest on balance transfers for 12 months (made within 90 days of account opening; 3% transfer fee, $3.50 minimum)
  • Low standard 12.99% purchase interest rate
  • No annual fee
  • Avis (min 10%) and Budget car rental discounts in Canada/US
  • Zero liability protection on unauthorized purchases

Insurance

  • No travel or purchase insurance included
Disclaimer: This article is for informational purposes only and does not constitute financial, tax, or legal advice. Information may be simplified, incomplete, or out of date. Consult a licensed professional before making financial decisions. VaultNerd may receive compensation from partners featured on this site — this does not influence our editorial content.
Written by
The VaultNerd Team

Researching and writing about Canadian credit cards and rewards since 2026.

Cite this page

“MBNA True Line Mastercard Review — VaultNerd” — VaultNerd, https://www.vaultnerd.com/credit-cards/mbna-true-line-mastercard, updated June 2026.

Sources
  • MBNA cardholder agreement and rates & fees disclosure
  • VaultNerd cards database