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The Amazon.ca Rewards Mastercard Credit Card

This card gives you 5% back at Amazon.ca, Whole Foods Market stores, grocery stores, and restaurants for 6 months after approval, among other benefits.

Source: Google

Amazon can provide customers with competitive incentives thanks to its partnership with Mastercard. The intention is to encourage customers to shop at Amazon rather than at a rival merchant. The MBNA, a part of Toronto Dominion (TD) Bank, manages the rewards program.

Not just during the welcome period, Amazon offers one of the greatest earn rates on the market. Even after that, the card still provides competitive earn rates, as shown in this article.

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Amazon.ca Rewards
No annual fee 2.5% back
Get up to a $65 Amazon.ca Gift Card instantly upon approval
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Other card details

Your rewards are immediately redeemed for a $20 Amazon gift card and credited to your account after you have 2,000 points in your account.If your account is active and in good standing, the points never expire. You can only use rewards earned at Amazon.ca and the $9.99 per month Prime membership is required to take advantage of Amazon.ca and Whole Foods’ 2.50% cash back rates.

Learn more aboutAmazon.ca Rewards MastercardCredit Card

You must fulfill the following requirements in order to be eligible for the Amazon.ca Rewards MasterCard:

  • Possess a permanent residence permit or are a Canadian citizen
  • Being of legal age in your province:
  • Alberta, Manitoba, Ontario, Quebec, Saskatchewan, Nova Scotia, and Prince Edward Island: 18 years of age
  • British Columbia, Newfoundland and Labrador, the Northwest Territories, Nunavut, and the Yukon are all 19 years old.
  • Have a social security number (SIN)
  • Possess a working phone number, email, and address
  • Be able to show identification as proof

Other Benefits of the Card

  • Purchase Assurance: For the first 3 months from the purchase, many things bought with your MBNA credit card are covered. Maximum of $60,000 per account for the lifetime total cumulative amount.
  • Benefit of Extended Warranties: Doubles written warranties on most new products made with your MBNA credit card for up to an additional year.
  • Avis Rent a Car and Budget Rent A Car Discounts: When you use your MBNA credit card to pay for eligible car rentals at participating Avis and Budget locations, you will receive discounts of at least 10% off the base rates in Canada and the United States and at least 5% off the base rates internationally.

Is this card for you?

The Amazon Rewards Mastercard has an exceptional yield compared to other reward cards, especially during the introductory period. While some credit card terms may have restrictions on certain transactions, such as using Canadian domains or utilizing eligible Prime accounts, this is not unusual. It’s one of the less-maintenance credit cards available thanks to the added advantages of the automatic cash-out of rewards.

This is a practical card, especially for people who already use Amazon frequently and have Prime memberships. You are buying more frequently on the website and having an additional incentive to maintain your account benefits Amazon. Increased credit card program participation is advantageous to the MBNA. Cash back returns on items that the customer has previously planned to make are advantageous to them.

LOAN
Amazon.ca Rewards
No annual fee 2.5% back
Get up to a $65 Amazon.ca Gift Card instantly upon approval
APPLY NOW
Written By

Copywriter/Editor and finance expert known for concise and informative articles on investing and wealth management. With experience simplifying complex topics, Roberto empowers readers to make sound financial decisions.

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