Rewards programs

Amazon.ca Rewards (MBNA)

Program run by MBNA, a division of The Toronto-Dominion Bank, with Amazon. Here is what one Amazon.ca Rewards (MBNA) point is worth, how to redeem it and the cards that earn the most of it.

  • Values taken from official pages or from an announced specialist benchmark
  • Cards ranked by net value, annual fees deducted
  • Official pages reread regularly

Official program site All programs

Value of one point

Where the value comes from
Fixed redemption published by the program
Source
MBNA
Verification
Verified on October 8, 2026 Source up to date

“100 Points are worth $1”

Restrictions

  • Points convert automatically into $20 Amazon.ca gift cards for each 2,000 points; usable at Amazon.ca only.

Programs do not issue the same number of points per dollar: to compare two programs, look at the return per dollar spent, not the value of a point.

Excerpts are quoted in the language of their source.

Cards that earn these points

Annual spending levels

Each level is a basket of annual spending split across everyday categories. The returns and the ranking are recomputed for that basket.

  • Moderate — $24,000 / year
  • Standard — $36,000 / year
  • High — $60,000 / year

In a personalized analysis, your actual spending replaces this reference basket.

Ranked by annual net value on the standard reference basket ($36,000 of spending a year), annual fees fully deducted.

Rank Card Network Annual fee Annual net value Earning Limitations
1 Amazon.ca Rewards Mastercard Mastercard $0 $360 Range: $0 to $360
  • Amazon: 1.5 points / $ (1.5¢ per dollar)
  • Everyday purchases: 1 point / $ (1¢ per dollar)
 Foreign exchange fee assumed Cap: Everyday purchases

Return computed with the value used for the ranking: 1.0¢ per point.

How to use your points

The redemption options the program publishes, with the value of a point when it is fixed.

  • Gift cards

    Automatic Amazon.ca gift cards

    1.0¢ per point

    “100 Points are worth $1”

    • Per 2,000 points.
    Official source

Transfer partners

This program publishes no transfer partner.

Expiry and minimum redemption

Point expiry
“If MBNA closes your Rewards Credit Card Account ... remaining balance of unredeemed Points will be automatically, immediately and irrevocably forfeited.” Official source
Minimum redemption
“If the balance equals or exceeds that occurred during such statement period, the 2,000 Points, MBNA will advise Amazon to issue total remaining balance of Points in your Account at the end of such statement period and Amazon.ca Gift Card(s) to your Selected such other information as may be determined by Amazon.ca Account for each increment of MBNA from time to time. Statements will not 2,000 Points, and MBNA will automatically deduct such number from your Account.” Official source

Welcome offers in Amazon.ca Rewards (MBNA) points

No welcome offer is published for the cards of this program.

View all offers

How to read this ranking

The ranking compares the cards of one program on a single scenario, so the gaps come from the cards and not from the assumptions.

  • Reference basket, standard level: $36,000 of spending a year, spread over everyday categories.
  • High-spend profile; reference province: Quebec.
  • Annual fees fully deducted from the value.
  • Welcome offers excluded: only the recurring value counts.

Your spending is different? See the best cards by use or the strategies by profile.

Limitations of this page

  • Cards are ranked on the standard reference basket of a high-spend profile; your actual spending may change the order.
  • Recurring annual fees are fully deducted from each card’s value.
  • Transfer partners and rates are those read on the official pages; a program may change them without notice.
  • The value of welcome offers is not part of the card ranking.