Highlights
- No annual fee. Eligible purchases carry a standard annual rate of 12.99%.
- Balance transfers completed in the first 90 days after opening currently get a 0% promotional rate for 12 statement periods.
- You can add up to 9 authorized users at no extra annual fee.
- The MBNA Payment Plan can split an eligible purchase of at least $100 over 6, 12, or 18 months.
Issuer: The Toronto-Dominion Bank (MBNA)
Payment network: Mastercard
Product type: Credit card
Annual fee: $0 primary; up to 9 authorized users at no extra annual fee
Foreign currency conversion fee: yes
This is not a points or cash-back card. The value is a lower purchase rate and a time-limited opening balance-transfer rate. Before you transfer a balance, compare the fee, the rate after the promo, and your repayment plan.
Welcome Offer
【September 4, 2026 update】 Balance transfers completed in the first 90 days get a 0% promotional rate for 12 statement periods
- Each balance transfer completed within 90 days of account opening earns a 0% promotional annual rate for 12 statement periods from that transaction date.
- Each balance transfer started through this application is charged a 3.00% fee, with a $3.50 minimum per transfer.
- After the promo, any remaining balance is charged the card’s standard balance-transfer rate. If you miss the minimum payment, those balances also move to the standard balance-transfer rate on the first day of the second statement period after the missed payment.
- Total transfers cannot exceed the approved credit limit. MBNA may complete only part of a transfer, and transfers cannot be used to pay this card, MBNA, or a TD Bank Group affiliate.
Apply through the blog partner cash-back link🔗
Eligibility: Canadian resident and the age of majority in your province or territory.
Everyday Spending
No points or cash back: all eligible spending. The card has no spend-based points, miles, or cash-back program. Eligible purchases carry a 12.99% standard annual rate.
Benefits & Insurance
- MBNA Payment Plan
An eligible credit-card purchase of at least $100 can be paid monthly over 6, 12, or 18 months. Plan eligibility and fees apply. The bank’s website does not publish a fixed fee or rate for this card.
- Save with Avis Rent A Car and Budget Rent A Car
At participating Avis or Budget locations, charge the full rental to this card and use the stated discount code to save at least 10% on the base rate in Canada and the United States, and at least 5% at other international locations. Avis uses AWD #C078405; Budget uses BCD #A331704. The discount applies only to the base rate. Availability and rental terms are set by the rental company.
- Mastercard Zero Liability
When the conditions apply, you are not responsible for unauthorized in-store, phone, online, mobile, or ATM transactions on a Canadian-issued Mastercard. Scope and conditions follow Mastercard’s rules.
