MBNA · Mastercard · None (low-rate card, no rewards program)
Reviewed 2026-07-06 · By The Points Standard editorial team
MBNA True Line Gold Mastercard
The lowest fixed rate you can simply apply for in Canada. Worth $39 exactly when the balance is big enough — do that one division before choosing it over its free sibling.
Standard Score breakdown — Pass
Six weighted components, each rated 0–10. "Contributes" is the rating × weight — add all six and you get the 3.55/10 Standard Score above.
See how the Standard Score works or re-weight it to your priorities.
The numbers
| Annual fee | $39 |
| Welcome bonus | No welcome or balance-transfer offer — the card's pitch is the standing 10.99% rate itself |
| Est. bonus value | ≈ $0 |
| First-year net value | ≈ -$39 |
Earn rates
| All purchases | No rewards — 10.99% fixed purchase rate |
Why it earns its score
- 10.99% fixed — the lowest widely available non-variable purchase rate in Canada
- 13.99% on balance transfers as a standing rate, no promo required
- Purchase assurance, extended warranty, and $500K travel accident coverage — unusual at this fee
Where it loses points
- $39 annual fee with no first-year waiver
- No rewards of any kind
- Not available to Quebec residents
Who it's for
Someone who carries a meaningful balance most months — the 2% rate saving over the no-fee True Line out-earns the $39 fee past roughly $2,000 of average balance.
Who should skip it
Your carried balance is small or occasional; the no-fee True Line covers that case without the fee.
Included insurance
Purchase assurance (90 days) · Extended warranty (+1 year) · Travel accident insurance ($500K)
Source: issuer card page · Last reviewed 2026-07-06. Details change often — confirm current terms with the issuer before applying.