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StudentAwards MBNA Rewards MasterCard® credit card

StudentAwards MBNA Rewards MasterCard® credit card

Earn 1 mbna rewards point for every $1 in eligible purchases ‡

  • Card Details Details
  • Our Review Review
  • Best of Finance Winner

Card Details

Make your shopping work for you

  • Earn 1 MBNA Rewards point for every $1 in eligible purchases‡

  • Redeem points for cash back, travel, brand-name merchandise, gift cards from top retailers and charitable donations

  • No limit to the points you earn

  • No annual fee


RateSupermarket.ca's Review

Student credit cards are an excellent way to build credit from a young age as long as they're used responsibly. The mbna rewards Studentawards credit card offers students a pretty basic card with no annual fee, allowing students immediate access to a world of credit. With one point earned per eligible dollar spent, this card helps students quickly accumulate points that can be used towards travel, gift cards, brand name merchandise and charitable donations.

Top Features of the mbna rewards Studentawards credit card

  • Right now if you sign up, eligible cardholders will receive 1,000 bonus points after their first credit card purchase
  • An additional 1,000 bonus points will be awarded annually on your account anniversary date


  • No annual fee
  • Earn one point for every dollar spent on eligible purchases
  • Cash access at 430,000 ABMs worldwide, making it a great option for travellers
  • Fraud protection


  • High interest rate for a student card at 19.99% for purchases, 21.99% for cash advances & 24.99% for balance transfers
  • No added insurance coverage
  • No travel benefits aside from point redemption

WINNER: The Best Student Credit Card Canada

When you're hitting the books, the budget is tight - and students need a credit card that won't weigh them down with fees. That's why the StudentAwards MBNA Rewards MasterCard® ties with the Scotiabank L'earn® VISA* card for the best student option in Canada. Not only is there no annual fee, but forgiving credit score requirements mean students - who are usually still building their scores - can qualify. On top of that, you'll still earn one point on the dollar on all purchases - not too shabby for a no-fee, no-frills option.

Why It's Our Winner

*Rewards earned on the average monthly Canadian student expenditure of $569 over a 24-month period.

Cash Value (includes points, fees and signup bonuses): $136.58

Check out how the StudentAwards MBNA Rewards MasterCard® stacks up in rewards earnings against Canada's best student credit cards:

This Card Is Great For You If:

  • You're still building your credit score
  • You don't want to pay an annual fee
  • You want some rewards earning power


Want to know how we did it?

Rate and product information are subject to change at any time and does not constitute financial advice. Please contact supplier for complete details.

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