MBNA could help – they’ve refreshed the
MBNA True Line Mastercard new offer details
What is this refreshed offer?
When you transfer a balance from an existing credit card to the in the
This is an unmatched offer in Canada right now, even with its balance transfer fee. To get this offer, you’ll be charged either 3% of the total amount being transferred, or $7.50, whichever is more.
After the promotion ends, you’ll still be paying a low interest rate of 12.99% on any balance that remains, as well as new purchases. Just note this card still has a high cash advance interest rate of 24.99%.
And with no annual fee, this card will give you even more savings every year.
Note: This offer is not available in Quebec. For residents of Quebec, please click here.
Want to know how much you could save?
Our interest calculator will show you just that.
Enter in your current rate, how much you owe, how much you plan on paying every month, and set your new rate to 0%. You’ll be able to see if you can pay off your entire balance in those 10 months or not.
Other balance transfer cards
Of course, this card isn’t the only offer available.
Here are some other cards that also provide good balance transfer offers and low interest rates.
|MBNA True Line Mastercard||MBNA True Line Gold Mastercard||American Express Essential|
|Balance Transfer Offer||0% for 10 months (terms)||0% for 6 months (terms)||1.99% for 6 months (terms)|
|Regular Balance Transfer Rate||12.99%||8.99%||8.99%|
|Apply Now||Apply Now||Apply Now||Apply Now|
MBNA True Line Gold Mastercard
The bigger brother of the
Get a 0% rate on balance transfers made to this card in the first 90 days. However, the promotion is only for 6 months. You’ll get charged the same transfer fee – 3% or $7.50, whichever is greater.
After your promotion ends, you’ll get a low rate of 8.99% on balance transfers and purchases – 4% lower than what the True Line card is currently offering. And it still has the same 24.99% rate on cash advances.
It does come with an annual fee of $39, but also includes 7 types of purchase and travel protection.
Get the full details here:
American Express Essential
Our other top choice for a card that offers both a balance transfer offer and low interest rates is the
The balance transfer offer isn’t quite as good – get 1.99% for 6 months. And, the balance transfer from another card has to be completed as part of applying.
It has one benefit – there’s no fee to complete the transfer, saving you money up front.
It also has the same low rate of 8.99% of the
And as a plus, this card has no annual fee. These features make this card our top overall low interest card.
Get the full details here: