MBNA · Mastercard · Cash back
Reviewed 2026-07-06 · By The Points Standard editorial team
Amazon.ca Rewards Mastercard
A well-targeted no-fee co-brand for Amazon-heavy households, especially Prime members, thanks to the FX cash-back offset most no-fee cards don't offer.
Standard Score breakdown — Situational
Six weighted components, each rated 0–10. "Contributes" is the rating × weight — add all six and you get the 5.60/10 Standard Score above.
See how the Standard Score works or re-weight it to your priorities.
The numbers
| Annual fee | None |
| Welcome bonus | Up to $150 cash back — 5% at Amazon.ca, Whole Foods, groceries, and restaurants for the first 6 months (up to $3,000 spend) |
| Est. bonus value | ≈ $150 |
| First-year net value | ≈ $300 |
Earn rates
| Amazon.ca and Whole Foods (Prime members) | 2.5% |
| Amazon.ca and Whole Foods (non-Prime) | 1.5% |
| Foreign currency transactions (Prime members) | 2.5% |
| Foreign currency transactions (non-Prime) | 1% |
| Everything else | 1% |
Why it earns its score
- No annual fee co-brand with genuinely useful Amazon/Whole Foods rates
- Prime members get FX cash back that largely offsets the standard 2.5% foreign transaction fee
- Simple automatic statement-credit redemption
Where it loses points
- Best rates require an active Amazon Prime membership
- 1% base rate outside Amazon/Whole Foods and FX spend is unremarkable
- No travel insurance or premium perks
Who it's for
Amazon Prime households who want a free card that earns real cash back on Amazon.ca and Whole Foods spend, with a partial FX-fee offset.
Who should skip it
You're not a Prime member — the non-Prime 1.5% rate is good but not exceptional, and other free cards earn more broadly.
Included insurance
Purchase protection · Extended warranty
Source: issuer card page · Last reviewed 2026-07-06. Details change often — confirm current terms with the issuer before applying.