The Platinum Plus MasterCard® - Rate for Life, issued by MBNA Canada, is available to Canadian residents and provides cardholders with fixed interest rates and common platinum cardholder services.

There is no annual fee for this credit card program and cardholders will benefit from the low introductory AIR on balance transfers that extends until the balance is paid off. The offer is available only on balances transferred within the first three months of opening an account. Some applicants may even qualify for credit limits upwards of $100,000. The average interest rate (AIR) is fixed for purchases, balance transfers, and cash advances. There is no annual fee.

While this card does not offer a rewards program, cardholders can take advantage of the platinum benefits that come with the card, including emergency card replacement, 24-hour customer service, online account access, and access to thousands of ABMs worldwide.

Also, those who do not qualify for the platinum card may be considered for the preferred card, which varies in terms of benefits and credit limits.