Manulife Bank Platinum Plus WorldPoints MasterCard

Manulife Bank Platinum Plus WorldPoints MasterCard

Manulife Bank Platinum Plus WorldPoints MasterCard
Summary: Rewards card with some insurance benefits and a low annual fee

Description: 

With the Manulife Bank Platinum Plus WorldPoints MasterCard, earn 1 point for every dollar spent on net retail purchases using the card and there is no need to carry a balance. As a bonus, receive 1,000 bonus WorldPoints after the first qualifying transaction and 1,000 bonus WorldPoints on the account anniversary. For a $29 annual fee, the following benefits are included: travel accident insurance, purchase assurance and extended warranty and rental vehicle insurance. Balance protection is available for an extra fee through Credit Wise.

Overview

Credit required:
Good
Card Type:
MasterCard
Version:
Platinum
Reward Program: 
WorldPoints
Issuer: 
Manulife
Minimum Income Note: 
Not Specified
Minimum Credit Limit: 
$5,000
 

Annual Interest Rates

Interest Rate: 
19.99%
Cash Advance: 
19.99%
Balance Transfer: 
19.99%
Grace Period: 
21 days
Minimum Payment: 
$10 + fees + interest or 2.25% of outstanding balance (whichever is less)
 

Annual Fees

Annual Fee: 
$29
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 dollar spent (1000 bonus points every year)
Travel / Vacation: 
Yes
Cash Back: 
No
Merchandise: 
Yes
Groceries: 
No
Vehicle Rebates: 
No
Charitable Donations: 
No
Health Care: 
No
Financial Products: 
No

Benefits

Car Rental Insurance: 
Yes
Extended Warranty: 
Yes
Travel Accident Insurance: 
Yes
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.