Calculator: What's The Value of MBNA Rewards Points?

MBNA Rewards points value

How much are MBNA Rewards points worth?

The answer: MBNA Rewards points are worth 1 cent per point when redeemed for travel. For every 100 points, you’ll receive $1 in travel value, meaning 10,000 points equals $100 towards travel.

Here's our breakdown on MBNA Rewards points value:

Travel redemptions:

MBNA Rewards points offer their best value of 1 cent per point when redeemed for travel. For every 10,000 points, you’ll receive $100 in travel credit for bookings made through MBNA.

Eligible travel options include:

• Flights
• Vacations
• Hotels
• Cars
• Cruises

A major advantage is the absence of blackout dates, allowing you to use your points on any available travel option.

MBNA price match

The MBNA Rewards program features a Price Match Guarantee on select airfare and vacation package bookings. This means if you find a lower price, they will match it.

Eligible vacation packages must be booked with Sunquest Vacations, ALBATours, Transat Holidays, Nolitours, Signature Vacations, Air Canada Vacations, Sunwing Vacations, and WestJet Vacations. Eligible airfare must be booked with Air Canada or WestJet.

Be sure to look around and compare prices before redeeming your MBNA Rewards points (or paying cash). When booking airfare, I recommend using Google Flights to compare prices for Air Canada and WestJet.

Cash redemptions

MBNA Rewards Points can be converted into cash and be:

• Applied to your statement as a credit
• Mailed to you in the form of a cheque
• Deposited into your chequing or savings account
• Donated to a charity

The value of your points for cash redemptions depends on the MBNA Rewards credit card you hold:

• MBNA Rewards World Elite Mastercard: Offers the best value at 120 points for $1, equating to 0.83 cents per point.
• MBNA Rewards Platinum Plus Mastercard: Provides a lower value of 200 points for $1, equal to 0.5 cents per point.

While the redemption value for the World Elite Mastercard is reasonable, cash redemptions for the Platinum Plus card are less favorable, offering half the value of travel redemptions.

Gift cards

MBNA Rewards points can be redeemed for gift cards in the MBNA Rewards portal. The redemption values are not consistent across gift cards, so the exact value you obtain will vary, but you can expect between 0.8 and 0.98 in value per point.

The table below lists the average range of points required based on gift card denomination.

Merchandise

MBNA Rewards points can be redeemed in the MBNA Rewards Catalog for a wide range of items, including name-brand electronics, home and garden products, and kitchen essentials. Redemption values vary depending on the item's suggested retail price, typically offering 0.7 to 0.9 cents per point.

To maximize value, compare the item's average cash price to its cost in points before redeeming. Use our MBNA Rewards Points Redemption Value Calculator to determine the exact value of your points for each item.

MBNA Rewards points to cash calculator

Use our MBNA Points To Cash Conversion calculator to determine the average cash value of your rewards when redeemed for travel, gift cards, and more. This will give you an idea of how much your points are worth on average.

Average redemption value

The table below shows the value of MBNA Rewards points at the base value of 1 cent per point when redeemed towards travel.

MBNA Rewards points redemption value calculator

Calculate the exact cash value of your MBNA Rewards points based on the cost of a redemption in cash versus the cost in points. This tool is useful when trying to decide if a redemption is worth it or not.

How does MBNA Rewards points value compare

Here's how the value of MBNA Rewards points compare against rewards earned with other leading travel programs:

Credit cards that earn MBNA Rewards points

MBNA Rewards points are earned per $1 spent on MBNA Rewards credit cards. These are the cards you can use to earn MBNA points:

MBNA Rewards World Elite® Mastercard®

• Earn 5 points for every $1 spent on eligible restaurant, grocery, digital media, membership, and household utility purchases
• Earn 1 point for every $1 spent on all other card purchases
• 10% bonus points annually based on points earned during the year, up to 15,000 points
• Travel and shopping coverage
• $120 annual fee
• Card Value & MBNA Rewards Points Calculator

MBNA Rewards Platinum Plus® Mastercard®

• Earn 2 points for every $1 spent on restaurant, grocery, digital media, membership, and household utility purchases
• Earn 1 point for every $1 spent on all other purchases
• 10% bonus points annually based on points earned during the year, up to 10,000 points
• Shopping coverage
• $0 annual fee
• Card Value & MBNA Rewards Points Calculator