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MBNA True line card - Balance transfer at 0% for 10 months

Posted on Jul 3, 2017 in Credit Cards


Can you borrow at 0% interest for 10 months? You can with MBNA Platinum plus mastercard. All you have to do is to apply for MBNA True line mastercard and upon approval, transfer entire balance to your chequing or savings account. You have 90 days make this transfer. You can also use it to pay off your other credit card bills directly.

MBNA charges 3% fee for balance transfer, Even then it’s a very good offer. This can help you save hundreds of dollars in credit card interests.

Don’t have other debts to pay off? You can still use this to invest in RRSP to save tax or TFSA account to earn tax free revenue. Just remember to pay off the balance in 10 months. Balance transfer offer is available only once per card. But there is way you can get it as many times you want. Once you pay the balance you can apply for new credit card by transferring your limit from your existing card to new card and get another 10 months interest free money.

Apart from 3% fee you pay for balance transfer, This card doesn’t have any other annual fee or minimum spending requirements.

Other Benefits

  • Trip interruption insurance
  • Rental vehicle collision insurance
  • Accidental death and dismemberment insurance
  • Protection against loss, theft or damage to your personal property
  • inside your rental car
  • Purchase assurance and extended warranty benefits.

You can use this card in two ways. Do balance transfer to get interest free (actually at 3%) or use it for rewards/benefits. Once you transfer your balance to your chequing or savings account, Keep the card in a safe place and do not use it for any other purchases.


  • You are a Canadian resident and are of the age of majority in your province or territory of residence

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