Offer
- Earn up to 30,000 rewards points after signing up and annual fees reimbursed for the first year for the primary cardholder and the first additional authorized user.
- Earn up to 2 points per dollar spent on certain purchase categories*.
- Reassuring protection. Travel with peace of mind thanks to our comprehensive insurance coverage up to 10 days
- Out-of-province-of-residence medical/hospital insurance, Departure flight delay insurance, Baggage insurance in case of delay, Baggages insurance in case of theft or loss, Vehicule rental insurance
- Trip Cancellation and Trip Interruption Insurance
- Flight and baggage delay insurance
- Car rental insurance
- Purchase insurance against theft or damage
- Extended warranty
- Mobile devices insurance against theft or damages for a period of up to 2 years
Card Awards
Fees & Conditions
Value
Advantages
Earnings
Per dollar of purchases
Insurance
Travel Insurance
There may be a daily maximum amount depending on the type of fees paid
Other Insurance
Our review
Unlike the other two National Bank travel rewards cards, the National Bank Platinum Mastercard® does not require a minimum income.
For a limited time, you can earn up to 30,000 points, and the annual fee is reimbursed for the first year for the primary cardholder and the first additional cardholder via our exclusive welcome offer.
With the National Bank Platinum Mastercard®, you can earn 2 points per dollar on grocery store and restaurant purchases, and 1.5 points per dollar on gas and electric vehicle charging, recurring bill payements and À la Carte Travel. And since it’s a National Bank Mastercard credit card, you can use it at Costco.
In addition, you get premium insurance usually dedicated for high-end credit cards:
- 180-day Purchase protection in the event of theft or damage
- Possibility of tripling the manufacturer’s warranty (up to 2 additional years)
- Trip Cancellation Insurance
- Trip Interruption Insurance
- Out-of-province hospital insurance
- Flight Delay Insurance
- Baggage insurance in case of delay, theft or loss
- Car rental insurance
- Mobile Device Insurance
We voted the National Bank Platinum Mastercard® as the best credit card for young professionals in 2024.
Frequently Asked Questions
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Does the National Bank Platinum Mastercard® require a minimum income?
No, the National Bank Platinum Mastercard® has no minimum income requirement. So, unlike the National Bank World Elite Mastercard®, this is a Mastercard credit card accessible to the broadest possible audience.
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What are the National Bank Platinum Mastercard® (NBC Platinum Card) advantages?
The National Bank Platinum Mastercard® offers several advantages, including up to 2 points per dollar spent in specific categories and comprehensive travel insurance for up to 10 days of travel. It also includes various types of insurance, such as out-of-province hospital insurance, flight delay insurance and vehicle rental insurance.
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What annual fees are associated with this National Bank Platinum Mastercard® (NBC Platinum Card)?
The annual fee for the National Bank Platinum Mastercard® is $70. Additional cards cost $35 each.
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How does the NBC rewards program work?
With the NBC rewards program, you can earn up to 2 points per dollar spent in specific categories. These points can then be redeemed in the NBC Rewards Shop.
NBC points can be used for:
- Gift cards
- Travel (flights, hotels, cruises, etc.)
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Are there any fees for cash advances?
Yes, cash advances are subject to an interest rate of 22.49%.
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What is the interest rate for purchases and balance transfers?
The interest rate for purchases is 20.99%, and for balance transfers, it is also 22.49%.
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What are the credit approval requirements for the National Bank Platinum Mastercard® (NBC Platinum Card)?
There is no minimum personal or family income required for approval of this National Bank Platinum Mastercard®.
So, unlike the National Bank World Elite Mastercard®, this is a Mastercard credit card accessible to the broadest possible audience.
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Are there any foreign currency conversion fees?
Yes, the foreign currency conversion fee is 2.5% with the National Bank Platinum Mastercard®.
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What is the maximum coverage period for mobile device insurance?
Mobile device insurance is valid for up to 2 years. This is an essential insurance policy to complement the manufacturer’s warranty.
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Are there any restrictions on the purchase categories for earning points?
Points are earned on specific categories of eligible purchases, according to the terms and conditions of the National Bank Platinum Mastercard® Rewards Plan.
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What is the minimum monthly payment required for the National Bank Platinum Mastercard® (NBC Platinum Card)?
The minimum payment is calculated according to the terms and conditions of the National Bank Platinum Mastercard®, which will be detailed on your account statement.
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What insurance is included with the National Bank Platinum Mastercard® (NBC Platinum Card)?
The National Bank Platinum Mastercard® includes comprehensive travel insurance, medical-hospital insurance, trip interruption and cancellation insurance, flight and baggage delay insurance, and vehicle rental insurance.
If you’re looking for an even more generous cover, you could opt for the National Bank World Elite Mastercard®.
Browse insurance terms, conditions and restrictions directly in the booklet supplied with your card.
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How does National Bank Platinum Mastercard® (NBC Platinum Card) Purchase Security and Extended Warranty Insurance work?
The National Bank Platinum Mastercard® offers purchase insurance against theft or damage and an extended warranty on products purchased.
Browse insurance terms, conditions and restrictions directly in the booklet supplied with your card.
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How does car rental insurance work?
Vehicle rental insurance covers you in the event of damage to the rented vehicle according to the conditions specified in the National Bank Platinum Mastercard® insurance plan.
Browse insurance terms, conditions and restrictions directly in the booklet supplied with your card.
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How does National Bank Platinum Mastercard® (NBC Platinum Card) flight delay insurance work?
Flight delay insurance covers you in the event of a flight delay, in accordance with the terms and conditions of the insurance plan included with the National Bank Platinum Mastercard®.
This is an excellent insurance policy for buying your NBC Platinum Card flights.
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How does lost luggage insurance work?
Baggage loss insurance covers you in the event of loss or theft of your baggage while travelling.
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How does hotel burglary insurance work?
This insurance covers you in the event of a burglary in your hotel room during your stay.
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Are there any welcome bonuses for new applicants?
The National Bank Platinum Mastercard® offers promotions and welcome bonuses that vary according to the terms and conditions of the current promotion.
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What is the value of the offer for new cardholders?
The offer’s value for new National Bank Platinum Mastercard® cardholders depends on current promotions and may vary.
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How are points per dollar of purchase calculated?
Earn up to 2 points per dollar spent on eligible purchases made with the National Bank Platinum Mastercard®.
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Are there fees for additional cards?
Yes, the first additional card costs $35, and subsequent other additional cards are also $35 each.
Alternative Cards
Legal
Length of the welcome promotion
February 1 to May 12, 2024.
Eligibility conditions
- Sign up for a National Bank® Platinum Mastercard® credit card during the promotion as a primary cardholder.
- Sign up via the redirection link provided on one of our partner’s websites during the promotion.
- Not have held one of our Mastercard credit card for individuals from National Bank over the past 24 months.
- Keep the credit card account open until rewards points are paid.
- Keep the account in good standing by complying with the conditions set out in the credit card agreementuntil the rewards points are paid. For example, all minimum payments must be made on time.
- Not be employed by National Bank or one of its subsidiaries.
Description of the promotion
Up to 30,000 rewards points after signing up and annual fees reimbursed for the first year for the primary cardholder and the first additional authorized user.
Annual fee
No annual fees for the first year for the primary cardholder and the first additional authorized user.
We will charge annual fees to the account of your new card and reimburse those fees to you. You will receive this reimbursement within five months of opening your account, provided that your account remains open. It will appear on your statement in the form of a credit.
To benefit from the annual fee discount for the first additional authorized user’s card, you must add it to the account opening request.
Annual fees related to authorized users’ cards are not eligible for this promotion.
Reward points
Points offered |
Conditions |
When points are awarded to the account |
10 000 |
$2,500 in purchases in the first three months |
In the two months following the end of the purchase calculation period. |
15 000 |
$6,500 in purchases in the first 12 months |
In the two months following the end of the purchase calculation period. |
5 000 |
Enrolment in payment insurance* for at least the first three months |
In the two months following the minimum enrolment period for payment insurance.** |
* To apply for enrolment in payment insurance, you must complete the sections to apply for the Credit Card Payment Protection Plan (CCPPP) included on the credit card application form.
How total purchases are calculated
The calculation is for the total amount of purchases made through all cards linked to the account.
The transactions not included in the calculation are set out in article 1.5 of the À la carte Rewards PlanTM.
Other conditions
- You can only take advantage of the promotion once.
- Issuance of the card is subject to credit approval by National Bank of Canada. Other conditions apply to the issue of the card.
- This promotion may not be combined with any other promotion or offer applicable to National Bank credit cards, nor is it retroactive.
- This promotion may be modified or withdrawn without notice.
Credit terms
Grace period: No interest will be charged on purchases made during the month, provided the client pays the balance in full within twenty-one (21) days of the statement date. This grace period does not apply to cash advances or balance transfers.
Minimum payment: If your account balance is lower than $10, you must pay the entire balance.
If you reside in the province of Quebec, your minimum payment will correspond to 5% of the credit card account balance plus any overdue payment or $10, whichever amount is higher.
If you reside outside of Quebec, your minimum payment represents 2.5% of the credit card account balance plus any overdue payment or $10, whichever amount is higher.
Account statement: A statement is sent monthly.
Example of credit charges over a 30-day period
Annual interest rate | Average balance | |
$500 | $3,000 | |
22,49 % | $9.24 | $55.45 |
20,99 % | $8.63 | $51.76 |
12,9 % | $5.30 | $31.81 |
8,9 % | $3.66 | $21.95 |
*Variable interest rate in effect on September 1st, 2021
Balance transfer and cash advance are subject to credit approval by National Bank. Each balance transfer must be at least $250.