Annual Fee
Extra Card Fee
Cash Advance
Balance Transfer
Personal Income
Household Income
Canadian resident who has reached the provincial age of majority.
  • Permanently low Interest rate of only 9.99% on all purchases and balance transfers.
  • All the insurance perks that come with an MBNA Platinum Plus Card.
  • No annual fee.
Extended Warranty 1 year
Purchase Protection 90 days
Travel Accident $1,000,000
Trip Interruption $2,000
Rental Car Theft & Damage Yes
Rental Car Accident $200,000
Rental Car Personal Effects $1,000

Please review your insurance certificate for details, exclusions and limitations of your coverage.

Our Review

If your goal is to pay down credit card debt, than the Canadian Western Bank Platinum Plus Mastercard could be worth a look.

This no fee card gives you a permanently low interest rate of 9.99% on purchases and balance transfers, allowing you pay down your credit card debt faster - saving you money on interest along the way.

Be warned though, the cash advance interest rate is a hefty 24.99%...and you will be charged the moment you make the withdrawal. No grace period whatsoever. So make sure you stick to just purchases and formal balance transfers with this card.

Most no fee cards that offer you a low interest rate are very lacking when it comes to insurance. But not the Platinum Plus card from MBNA which has 7 different types of insurance - at no cost to you. To find out more information check out the "Insurance Coverage" tab above.

If the idea of saving money on interest get's you excited, but you still would love the added benefits of rewards, then check out the Canadian Western Bank Rewards Mastercard.

But if saving money on interest is your number #1 priority and you can take or leave rewards - then this card is a better fit.

A few other cards that might interest you.

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