Alterna WorldPoints No Fee MasterCard

Alterna WorldPoints No Fee MasterCard

Alterna WorldPoints No Fee MasterCard
Summary: Rewards card redeemable for travel, merchandise and cash for no annual fee

Description: 

The WorldPoints MasterCard by Alterna is a rewards card with no annual fee. With this MasterCard, earn 1 WorldPoint for every $2 in purchases. These points are redeemable for travel, merchandise, gift certificates and charitable donations.

Balance protection is provided by CreditWise at a cost of $0.99 per $100 of unpaid balance and will cover a maximum $30,000 benefit. You must be under 70 years old to qualify.

Overview

Version:
Standard
Credit required:
Good
Card Type:
MasterCard
Reward Program: 
WorldPoints
Issuer: 
Alterna
Minimum Income: 
$35,000
 

Annual Interest Rates

Interest Rate: 
14.99%
Cash Advance: 
16.99%
Balance Transfer: 
1.99%
Grace Period: 
21 days
Note: 
1.99% introductory rate on balance transfers and cheque cash advances for 6 months
 

Annual Fees

Annual Fee: 
$0
Supplemental Cards: 
$0
 

Balance Protection

Insurance Plan: 
Credit Wise
Age to Qualify: 
Under 70
Monthly Premium: 
$0.99 (per $100 of outstanding balance)
Maximum Benefit: 
$30000
 

Rewards

Earn 1 WorldPoint for every two dollars spent (no maximum)
Travel / Vacation: 
Yes
Cash Back: 
No
Merchandise: 
Yes
Groceries: 
No
Vehicle Rebates: 
No
Charitable Donations: 
Yes
Health Care: 
No
Financial Products: 
No

Benefits

Car Rental Insurance: 
No
Extended Warranty: 
No
Travel Accident Insurance: 
No
Travel Medical Insurance: 
No
Trip Cancellation Insurance: 
No
Flight Delay Insurance: 
No
Baggage Insurance: 
No
Road Insurance: 
No
Balance Protection Insurance: 
Yes*
Indicates restrictions or additional fees may apply. Check the credit card's web site or fine print for more information.
 
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