MBNA · Mastercard · None (low-rate card, no rewards program)
Reviewed 2026-07-06 · By The Points Standard editorial team
MBNA True Line Mastercard
The benchmark low-interest card: $0 fee, a fixed 12.99%, and a usable balance-transfer window. If interest cost is the problem, this is the standard answer.
Standard Score breakdown — Pass
Six weighted components, each rated 0–10. "Contributes" is the rating × weight — add all six and you get the 3.63/10 Standard Score above.
See how the Standard Score works or re-weight it to your priorities.
The numbers
| Annual fee | None |
| Welcome bonus | 0% interest on balance transfers for 12 months (3% transfer fee, transfers within 90 days of opening) |
| Est. bonus value | ≈ $0 |
| First-year net value | ≈ $0 |
Earn rates
| All purchases | No rewards — 12.99% fixed purchase rate |
Why it earns its score
- Fixed 12.99% purchase interest rate — not prime-linked, so it can't drift up
- No annual fee, so the rate relief costs nothing to hold
- 0% balance-transfer window for 12 months to dig out of existing card debt
Where it loses points
- No rewards of any kind
- 3% balance-transfer fee takes a bite out of the 0% offer up front
- Not available to Quebec residents
Who it's for
Anyone carrying a balance who wants a fixed low rate at zero fee — the consensus default low-interest card in Canada.
Who should skip it
You pay in full monthly (get a rewards card) or you live in Quebec (MBNA won't issue it).
Included insurance
Source: issuer card page · Last reviewed 2026-07-06. Details change often — confirm current terms with the issuer before applying.