Stretch Your Points Further with MBNA Rewards World Elite in Canada on Groceries, Dining and Travel
Maximize MBNA Rewards World Elite points in Canada, earn 5 points per dollar on groceries and dining and redeem for travel, cashback and perks
Quick overview of MBNA Rewards World Elite in Canada
The MBNA Rewards World Elite Mastercard is built for Canadians who want serious value from everyday spends. With a $120 annual fee and strong earning on groceries and dining, it becomes a go-to for households that shop and eat out regularly.
Cardholders earn 5 points per dollar on groceries and dining, and 1 point per dollar on most other purchases. Points do not expire, making it easy to bank rewards for a big trip or a meaningful redemption down the road.
How to earn and redeem your points
Maximise points by charging grocery runs, restaurant tabs and eligible subscriptions to the card. There is a $50,000 annual cap on the high-earning categories, after which the rate reverts to 1 point per dollar, so plan bigger purchases with that in mind.
Redeeming for travel usually gives the best value – 100 points equals CAD 1 for travel bookings – while cashback and gift cards are available at slightly different values. Don’t forget the Birthday Bonus: 10% extra points on annual spending up to 15,000 bonus points.
Perks and insurance that matter in Canada
This World Elite card includes travel medical insurance up to CAD 2 million for trips up to 21 days, plus baggage delay and trip delay coverage that help when plans go sideways. For many Canadians, that coverage alone offsets part of the annual fee when travel is frequent.
Other valuable protections include rental car collision coverage, mobile device insurance and emergency card replacement when you’re away. These benefits reflect real Canadian travel habits – short trips to the Maritimes or a quick west-coast getaway – and give extra peace of mind.
Practical tips and is this card right for you
Use the MBNA Rewards World Elite for grocery bills, family dinners and subscription services to stack the 5 points per dollar where it counts. Pair the card with strategic redemptions for flights or travel credits to stretch points further across Canada and internationally.
The card suits higher-income Canadians who spend regularly in the rewarded categories and want flexible travel redemptions. If you meet the income and residency requirements, it can deliver excellent value; if not, consider lower-fee alternatives and compare point values before applying.