New MBNA True Line Mastercard Offer: 0% Interest In 12 Months

Team Genius
Written by Team Genius 
updated on May 12, 2023
Fact Checked
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Accuracy is important to us so this article has gone through a thorough 3-stage review process and fact-checked by our team.

Do you carry a balance on your credit card? The amount of interest you’re probably paying can make it hard to stay on top of your payments.

MBNA could help – they’ve refreshed the MBNA True Line® Mastercard®, and it now has the best introductory balance transfer offer available.

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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 MBNA True Line® Mastercard®, you’ll get 0% interest for 12 months on the balance you transfer in the first 90 days (it previously didn’t have an offer).

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.

4.1 Genius Rating
2.9 (12) User reviews
award seal ×2 Award winner
Annual fee
$0.00
Learn more
Annual rewards
$0
Learn more
Annual savings
$1,551
Learn more
MBNA True Line® Mastercard®
4.1 Genius Rating
2.9 (12) User reviews
award seal 2x Award winner
Annual fee
$0.00
Learn more
Annual rewards
$0
Learn more
Annual savings
$1,551
Learn more
Credit estimate:
 (725 - 759)
Instant approval: Yes

Interest savings

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.

Credit Card Interest Calculator

$
$
Months to pay balance:
25
Total paid:
$ 2,453.20
Interest paid:
$ 453.20
Interest savings:
$ 0.00

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