I was surfing RFD today, and one of the threads caught my interest because it involved getting even more value out of the MBNA Smart Cash card. I know that a lot of MDJ readers are MBNA Smart Cash credit card users because it is among the top credit cards in Canada.
I use the Smart Cash card as my primary credit card because it is free, and they offer 3% cash back on gas/groceries where most of our spending occurs and 1% on everything else.
While they offer some of the best value, they have upped the ante again by offering even more cash back! When you shop at their specified retailers online with your Smart Cash card they will offer additional cash back on top of their the regular 1%. I was skeptical at first, but the list of retailers are quite impressive. Some of the key retailers I noticed were:
- Apple Online Store 1%
- Avis Rent a Car 3%
- Bed Bath Store 3%
- Budget Rent a Car 4%
- Dell Canada 1%
- Expedia.com/ca 2%
- Groupon 3%
- Home Depot.ca 2%
- Hotels.com 4%
- Hotwire 3%
- Indigo Chapters 3%
- Kobo Canada 9%
- Lenovo Canada 2%
- Netflix Canada $7.20 Cash Back per new membership
- Old Navy Canada 2%
- Priceline 3%
- Sears Canada 2%
- Sony Canada 3%
- SporkChek.ca 4%
- Thrifty Car Rental 2%
- TurboTax 9%
- Walmart Canada 1%
You can see a complete list of retailers here.
For example, say you purchased a winter jacket at SportCheck.ca for $300. With the Smart Cash card, you would normally get $3 (1%) cash back. With the new rewards, you will get $12 (4% total) back instead!
How does it work?
Simply login to your MBNA account, click on the “rewards” tab, then “exclusive offers”. From there, you’ll be taken to the eMall where you can choose your retailer.
Make sure to click through on the retailer link prior to shopping because it’s the only way MBNA can track the rebate. The alternative is to go to the Smart Cash Mall directly, and sign in from there (requires a bit more login info).
Disclaimer: We are NOT affiliated with the Smart Cash Mall
I've Completed My Million Dollar Journey. Let Me Guide You Through Yours!
Sign up below to get a copy of our free eBook: Can I Retire Yet?