MBNA True Line Mastercard review: fees and how to apply
See the card's fees, rates and requirements before you apply
The MBNA True Line Mastercard is a credit card for people who want a low interest rate on purchases without paying an annual fee.
Its low-cost structure can help people who sometimes carry a balance keep their interest charges down.
Check out more about this card below!
Who is the MBNA True Line Mastercard for?
The MBNA True Line Mastercard suits people who want to keep their credit card costs low, with no annual fee and a lower interest rate on purchases.
It’s mainly useful for people who sometimes carry a balance on purchases and don’t need a rewards program.
To apply, you must be a Canadian resident and have reached the age of majority in your province or territory. Approval depends on MBNA’s credit assessment.
MBNA True Line Mastercard credit card benefits
The MBNA True Line Mastercard offers a few practical benefits. Review them to see if they match your financial needs.
Here are some of them:
- A 12.99% interest rate on purchases, which is lower than the rate on many standard credit cards;
- No annual fee, and you can add up to 9 authorized users at no additional annual fee;
- You can use available credit to transfer funds to your chequing account, and pay for eligible purchases of $100 or more in monthly instalments with the MBNA Payment Plan (conditions and fees apply);
- Mastercard Zero Liability protects you against unauthorized purchases, subject to conditions;
- In an emergency, you can get an emergency card replacement delivered in 7 to 10 days or by courier;
- Save at least 10% off base rates at participating Avis and Budget locations in Canada and the U.S., and at least 5% internationally.
Keep in mind that the card doesn’t have a rewards program and doesn’t include insurance coverage.
Credit card limit
The MBNA True Line Mastercard doesn’t have a fixed credit limit. MBNA sets your limit based on its review of your credit history and financial information.
MBNA True Line Mastercard: fees and rates
The MBNA True Line Mastercard has no annual fee and a low interest rate on purchases. The MBNA True Line Gold Mastercard has an even lower purchase rate, but it charges an annual fee.
See the main fees and rates below:
- Annual fee: $0;
- Interest rate on purchases: 12.99%;
- Interest rate on balance transfers: 17.99%;
- Balance transfer fee: 3% of the amount transferred, with a minimum of $3.50 per transfer;
- Interest rate on cash advances: 24.99%;
- Foreign transaction fee: 2.5% of the converted amount;
- Overlimit fee: $29 if you exceed your credit limit.
Other fees may apply, as described in the MBNA Account Agreement.
Rates and fees checked on September 22, 2026, against the official MBNA website. MBNA notes that rates and fees may vary by province. Confirm current terms on the MBNA website before applying.
The card is a Mastercard and can be used internationally wherever Mastercard is accepted.
How to apply?
You can apply for the MBNA True Line Mastercard online on the MBNA website:
- Go to the card’s page on the MBNA website and click “Apply now”;
- Read the information about the card and consent to receive documents electronically;
- Confirm that you’re a Canadian resident and fill in your personal details, such as your name, address, housing status and phone number;
- Enter your date of birth, email address and your employment and financial information;
- If you want, add an authorized user or request a balance transfer. Remember that balance transfers carry a 3% fee;
- You may also be offered optional balance protection insurance, which has an additional cost;
- Review your information and submit your application.
MBNA will review your application and let you know its decision. If you’re approved, your card will be mailed to you.
Opinion about the card
The MBNA True Line Mastercard is a low-cost option for people who want a card with no annual fee and a 12.99% interest rate on purchases.
However, it doesn’t have a rewards program or insurance coverage. And if you plan to move debt from another card, keep in mind that balance transfers have a higher rate (17.99%) and a 3% fee.
Before applying, compare the card’s rates and fees with how you plan to use it.
Click the button below to be redirected to the official MBNA website to apply for the MBNA True Line Mastercard.
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Disclaimer: This site is independent and strictly informational, and its content does not constitute financial advice. Finvyu is not affiliated with MBNA or TD Bank. We do not guarantee credit card approval, which is solely subject to a credit check and risk analysis by the issuing bank (MBNA / TD Bank Group). Finvyu Editorial Team.
