MBNA Rewards World Elite cashback rate, cap and annual fee
MBNA Rewards World Elite pays 4.17% on dining, and 6 other rates. The card costs CAD 120 a year.
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MBNA · Canada · catalogue v107
Read from MBNA's own published terms on 28 Oct 2026.
CAD 120Annual fee
CAD 50,000Spend at the top rate, a year
4.17%Best rate
What it pays, by category
| Spending | Rate | Monthly cap |
|---|---|---|
| dining | 4.17% | —5 points per $1 on restaurant purchases. Up to $50,000 a calendar year in this category, then 1. |
| groceries | 4.17% | —5 points per $1 on grocery purchases. Up to $50,000 a calendar year in this category, then 1. |
| phone and internet | 4.17% | —5 points per $1 on household utility purchases: telecommunication, cable, satellite and pay TV and radio. Shares MBNA's one Household Utility allowanc |
| household utilitiesgovernment | 4.17% | —5 points per $1 on electric, gas, heating oil, sanitary and water utilities, part of MBNA's Household Utility category and sharing its allowance with |
| digital media and subscriptionsentertainment | 4.17% | —5 points per $1 on digital media purchases: continuity and subscription merchants, digital books, movies, music and games. Up to $50,000 a calendar ye |
| clubs and membership organizationseverything else | 4.17% | —5 points per $1 on membership purchases: country, athletic, recreation and sports clubs, private golf courses and membership organizations. Up to $50, |
| everything else | 0.83% | —1 point per $1 on all other purchases. |
$120 a year. 5X on restaurants, groceries, digital media, memberships and household utilities, each up to $50,000 a calendar year, 1X elsewhere. A birthday bonus of 10% of the year's points (up to 15,000) is not modelled. Lower reading on value: MBNA publishes "100 points per $1" for travel and "120 points per $1" for cash and charity; the cash figure, $0.00833 a point, is used, so 5X is 4.2%. MBNA's page publishes no foreign transaction fee. Source: mbna.ca MBNA Rewards World Elite page and MBNA Rewards terms and conditions, read 28 Oct 2026.
Questions people ask
What cashback does the MBNA Rewards World Elite pay?
4.17% on dining, and 6 other rates.
Is there a cap on the MBNA Rewards World Elite?
No monthly cap is published on the rates shown here.
What is the annual fee on the MBNA Rewards World Elite?
CAD 120 a year.
Knowing the rate is not the same as remembering it
PayperWIZ holds the cards you actually own and names the right one at the till — after the cap you have already used this month, and after the foreign-currency fee. Every rate in it says where it came from, the way this page does: read off the issuer and dated, or marked indicative.
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