10,000 MBNA Rewards points
Apply Now$105
First-year value
10,000
MBNA Rewards points
$0
Annual fee
Based on minimum spend to earn the full welcome bonus and Prince of Travel's valuation of MBNA Rewards points at 1 cents per point.
Last updated: February 12, 2026
The MBNA Rewards Platinum Plus® Mastercard® is a solid no-fee card. It’s also a good downgrade candidate from MBNA’s premium cards if you wish to keep an account open with the bank, but don’t want to pay annual fees. As a Platinum Plus® card, it also has above-average insurance for a no-fee card.
This card would be a good choice for anyone who often shops at Costco or other merchants that accept Mastercard®. The card is strongest for anyone who redeems their rewards for travel but isn’t beholden to a single loyalty program and may not qualify for the MBNA World Elite® Mastercard®.
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Read more| Tier | Amount | Requirement |
|---|---|---|
| Spend threshold | 5,000 | $500 spend in 3 months |
| On approval | 5,000 | Automatic |
| Total | 10,000 MBNA Rewards points |
Annual Fee
Free
Additional Card
Free
With no annual fee to justify, this card slots naturally into a long-term hold strategy – the 10,000-point bonus is modest but costs you nothing to retain year over year.
| Category | Rate |
|---|---|
| Dining | 2× |
| Groceries | 2× |
| Everything Else | 1× |
Category caps kill the value proposition here – you'll hit the ceiling mid-month on groceries and drop to a dismal base rate that's outperformed by literally any cash back card.
Transfer to Atmos for oneworld partner awards – Cathay Pacific, Japan Airlines, and Qatar Airways offer far better value than baseline travel redemptions, especially for premium cabins to Asia.
No annual fee
First Year FreeTravel insurance
Travel InsuranceWith no annual fee to justify, perks are minimal but functional – basic travel insurance coverage and modest Avis/Budget discounts that won't drive your rental decisions but cost you nothing to access.
Underwritten by TD Home and Auto Insurance Company (for Purchase Assurance and Extended Warranty); American Bankers Insurance Company of Florida (for Mobile Device Insurance)
| Coverage | Maximum | Details |
|---|---|---|
| Emergency Medical | Not included | — |
| Trip Cancellation | Not included | — |
| Trip Interruption | Not included | — |
| Trip Delay | Not included | — |
| Baggage Delay | Not included | — |
| Baggage Loss | Not included | — |
| Rental Car (CDW/LDW) | Not included | — |
| Purchase Protection | $60,000/year | 90-day coverage |
| Extended Warranty | +1 year | — |
| Mobile Device | Included | $1,000/claim |
View Certificate of Insurance (PDF)
No travel medical, trip cancellation, or baggage coverage – this is strictly a domestic purchase protection card, not a travel insurance companion.
10,000 MBNA Rewards points
Apply NowLast updated: February 12, 2026
