I thought last year, 2014, was the year of the discontinuations, but 2015 is shaping up to be a rough year as well, though not yet quite as bad, but if the trend continues…

We started the year with the discontinuation of the Capital One Aspire World Travel MasterCard, granted it was replaced with the Capital One Aspire Travel World Elite MasterCard, though not as good. Then we saw two Capital One Delta SkyMiles Credit Cards go down.

Just when I thought we were taking a pause, the trend continues. Now it is the MBNA More Rewards MasterCard‘s turn. Just after we completed a review of the More Rewards program, which turns out to be a pretty decent program.

I actually don’t mind seeing credit cards discontinue, so long as it means that we will be replacing them with more competitive choices. MBNA already discontinued its Choice Privileges MasterCard last year, which was a good alternative to help compete with the limited co-branded hotel credit cards to choose from.

It is possible that we may eventually just see MBNA completely sucked into TD, since they are already owned by TD. It only makes sense to keep separate names of MBNA still holds a lot of value. But if they continue to shrink their portfolio, then maybe they really are being set up to be fully integrated. I am going to watch how things play out with a lot of interest.

In closing, below were the highlights of the MBNA More Rewards MasterCard:

• No annual fee
• Earn 6 More Rewards points for every $1 spent on purchases at participating More Rewards locations
• Earn 4 points for every $1 on all other purchases

Keep in mind that even though this credit card is discontinuing, the More Rewards program is still active, which is why I recommend keeping the card if you still have it.

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