University of Toronto Alumni Credit Card Review

  • 3 min read

As a graduate of the University of Toronto, you’ve got a lot of pride in the Varsity Blues. The culture and student life of this university is unique to Canada. A degree from U of T opens doors to your future. The U of T is a school that encourages students to speak their mind, to take action, and to develop free thought. Is it any wonder that the University of Toronto Alumni Association would seek out a benefit partner that would want to support those values?

That’s what is so exciting about this credit card opportunity from MBNA. It gives all alumni, their family, and even their friends the chance to support U of T student or alumni initiatives by using their credit card.

How One Credit Card Helps You Give Back

When you apply for either a rewards card or a Platinum Plus card from MBNA with this alumni program, you’ll be able to generate new revenues for U of T without any additional cost to yourself. Each new account opened through this alumni program creates a one-time donation. Each purchase afterward then has a portion of each dollar sent to the school as well.

Alumni who apply for this MasterCard from the University of Toronto can also use it to access additional benefits that are exclusive to graduates. This includes shows at the Hart House Theatre, events at the Hart House Craft Beer Festival, and other special events. Alumni receive discounts, special seating opportunities, and priority access just by using their card and even the purchases from these special events qualify as a purchase that generates a contribution to the school.

What Programs Receive Support Through This Benefit?

Numerous UTAA programs are supported with the contributions from this affinity partnership with MBNA.The Economist’s Canada Summit is included, as is the UTAA mentorship program for current students, and the annual alumni meetings that keep past, present, and future students connected to one another.

Contributions also go to provide support to the U of T Black Alumni Association, the Chinese Alumni Association, the Soldiers’ Tower Committee, and other student and alumni efforts that are currently active on campus.

In return, you’ll receive promotional AIRs on balance transfers for up to 10 months and a number of other potentially helpful rates and low fees. Just choose the MBNA credit card that is right for your needs – each one qualifies to make contributions to the University of Toronto.

The UTAA has setup a webpage that is designed to help you discover everything you may want know about this unique opportunity to start giving back as an alumni or to enhance what you’re already giving.

Just visit University of Toronto Alumni Credit Card if you’re interested in finding out more about this unique benefit.

Christopher - BSc, MBA

With over two decades of combined Big 5 Banking and Agency experience, Christopher launched Underbanked® to cut through the noise and complexity of financial information. Christopher has an MBA degree from McMaster University and BSc. from Western University in Canada.