- 5%Points on groceries, restaurants, and utilities
- 1%Points on all other purchases
Earn 20,000 points after spending $2,000 in the first 90 days and 10,000 points for enrolling in paperless statements.
Earn 5 points per $1 on groceries, restaurants, digital media, memberships, and utilities (up to $50,000 annually), and 1 point per $1 on other purchases.
This card shines for its high-velocity earning potential, making it an excellent choice for those who want to maximize rewards on everyday spending.
Pros:
- High earning potential on everyday purchases
- Flexible redemption options
Cons:
- Annual fee applies
- Requires high income
The MBNA Rewards World Elite Mastercard is particularly suitable for frequent spenders who prioritize earning rewards on everyday purchases, especially in categories with higher earning rates. While the annual fee is relatively modest, the potential for substantial rewards and the enticing welcome bonus may appeal to individuals who can leverage this card's benefits effectively.