Shopping is a part of life, so why not get rewarded for it? With the Amazon.ca Rewards Mastercard, every purchase becomes an opportunity to earn cashback. From your favorite items at Amazon.ca to meals at your go-to restaurants, this card ensures you’re getting value with every swipe.
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For Canadian shoppers, it’s the ultimate no-annual-fee credit card that turns your spending into savings. Whether you’re stocking up at Whole Foods Market, buying groceries, or dining out, the Amazon.ca Rewards Mastercard delivers perks designed to complement your lifestyle.
Main features of the Amazon.ca Rewards Mastercard
The Amazon.ca Rewards Mastercard is issued by MBNA, a trusted name in Canadian banking, and tailored for individuals who frequently shop at Amazon.ca or Whole Foods Market stores. Whether you’re a loyal Amazon Prime member or an occasional shopper, this card ensures you maximize your rewards every step of the way.
During the first six months after approval, you’ll earn 5% cashback on eligible purchases at Amazon.ca, Whole Foods Market, grocery stores, and restaurants (up to $3,000 in spending). Once the welcome offer ends, Prime members enjoy 2.5% cashback at Amazon.ca and Whole Foods Market stores, along with 2.5% on eligible foreign currency transactions.
Non-Prime members still earn 1.5% cashback on Amazon.ca and Whole Foods purchases and 1% on foreign transactions. Everywhere else, Mastercard is accepted, you’ll earn 1% cashback. It’s a straightforward, no-annual-fee card that helps shoppers get more out of their everyday spending.
Understanding the annual fee
One of the most appealing features of the Amazon.ca Rewards Mastercard is that it comes with no annual fee. You can enjoy the card’s numerous benefits and rewards without worrying about an additional yearly cost. This fee-free structure is perfect for anyone looking to enhance their shopping experience without breaking the bank.
Whether you’re a Prime member reaping higher cashback rates or a casual shopper taking advantage of rewards, the lack of an annual fee ensures that every dollar you earn stays in your pocket. It’s the ideal card for savvy spenders who want maximum value without any strings attached.
Deciphering credit limits
When you apply for the Amazon.ca Rewards Mastercard, MBNA evaluates your financial profile to determine your credit limit. Factors such as your income, credit history, and current financial obligations play a significant role in setting your initial limit. For new credit users or those with limited credit history, the initial limit may be conservative.
However, as you use the card responsibly—by making payments on time and keeping your balance low relative to your limit—you may qualify for periodic increases. MBNA ensures your credit limit aligns with your financial habits and capacity, making this card a practical and flexible choice for all types of spenders.
Advantages of the Amazon.ca Rewards Mastercard
- Welcome Offer: Earn 5% cashback at Amazon.ca, Whole Foods Market, grocery stores, and restaurants during the first six months (up to $3,000 in purchases).
- Ongoing Rewards: Prime members – 2.5% cashback at Amazon.ca, Whole Foods Market, and on eligible foreign currency transactions; Non-Prime members – 1.5% cashback at Amazon.ca and Whole Foods Market; 1% on eligible foreign transactions; 1% cashback on all other purchases.
- Flexible Redemption: Apply your rewards directly to eligible Amazon.ca purchases or use them for other redemption options.
- Purchase Protection: Covers most items for 90 days from the date of purchase against theft or damage.
- Extended Warranty: Doubles manufacturer warranties for up to one additional year on eligible items.
- Travel Assistance: Emergency card replacement and cash advances worldwide.
- Car Rental Discounts: Save on rentals with Avis and Budget when you use your card.
- No Annual Fee: Enjoy all these benefits without a yearly cost.
Standout advantage
The 5% cashback welcome offer is the Amazon.ca Rewards Mastercard’s highlight feature. For the first six months, cardholders earn 5% back on eligible purchases at Amazon.ca, Whole Foods Market, grocery stores, and restaurants, up to $3,000 in spending.
This offer is perfect for new cardholders looking to maximize their initial rewards. Whether you’re stocking up on essentials, enjoying meals out, or purchasing gifts, the welcome offer ensures your first few months with the card are extra rewarding. For frequent Amazon shoppers, it’s an unbeatable way to kickstart your cashback journey.
Addressing potential drawbacks
- Lower Rewards for Non-Prime Members: Prime members enjoy higher cashback rates, leaving non-members with less value.
- Foreign Transaction Fees: Although you earn cashback on foreign purchases, a foreign transaction fee applies.
- Limited Travel Benefits: The card lacks premium travel perks like trip insurance or lounge access.
- Cap on Welcome Offer Rewards: The 5% cashback offer is capped at $3,000 in spending.
Standout disadvantage
The lower rewards rate for non-Prime members is a noticeable drawback. While Prime members earn 2.5% cashback on Amazon.ca and Whole Foods Market purchases, non-members only receive 1.5%. This discrepancy means non-Prime shoppers miss out on maximizing their rewards, making the card less appealing for those unwilling to subscribe to Prime.
Eligibility criteria
To qualify for the Amazon.ca Rewards Mastercard, applicants must be Canadian residents who have reached the age of majority in their province or territory and demonstrate financial stability with a good credit score and sufficient income to support credit obligations. This straightforward eligibility ensures the card is accessible to a wide range of individuals, whether you’re a frequent Amazon shopper or simply seeking a no-fee cashback card with everyday benefits.
How to apply for the Amazon.ca Rewards Mastercard
Applying for the Amazon.ca Rewards Mastercard is simple and user-friendly. With multiple ways to apply, MBNA ensures you have the flexibility to choose the method that suits you best, making the process quick and hassle-free from start to finish.
Via website
The easiest way to apply is through MBNA’s secure online portal. Visit the official website, navigate to the Amazon.ca Rewards Mastercard page, and click “Apply Now.” Complete the application form with your personal and financial details. The online process is straightforward, and most applicants receive a decision within minutes.
Through the mobile application
For those who prefer mobile applications, the MBNA app provides a seamless way to apply. Download the app, create an account, and follow the steps to apply for the card. The app also lets you track your application status and manage your account once approved.
Through the store/branch
Since MBNA operates as a digital-first institution, there are no physical branches for in-person applications. However, their robust online and mobile platforms, combined with responsive customer service, ensure you have all the support needed to complete your application comfortably.
