Offer
- Take advantage of a simple, efficient and convenient payment solution.
- Access funds from anywhere in the world.
- Protect your purchases with a purchase insurance program.
- Free yourself from liability for unauthorized purchases with the MasterCard® Zero Liability program.
Fees & Conditions
Advantages
Insurance
Travel Insurance
There may be a daily maximum amount depending on the type of fees paid
Other Insurance
Our review
Frequently Asked Questions
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What are the annual fees for the National Bank MC1 Mastercard?
The card has no annual fee.
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What are the interest rates for purchases and balance transfers with the National Bank MC1 Mastercard?
The card offers competitive interest rates for purchases and balance transfers.
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Does the National Bank MC1 Mastercard offer rewards or cash back?
This card focuses on simplicity and does not primarily offer a rewards or cash back program.
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What insurance benefits are included with the National Bank MC1 Mastercard?
Yes, the card includes purchase protection and an extended warranty.
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What credit limit options are available with the National Bank MC1 Mastercard?
The card offers flexible credit limit options to suit various financial needs.
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Does the National Bank MC1 Mastercard have special security features for online purchases?
Enhanced security features such as Mastercard ID Check are included for safer online shopping.
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Are any special programs or experiences available for National Bank MC1 Mastercard credit cardholders?
Cardholders can access unique experiences and offers through the Mastercard Priceless Cities program.
Legal
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.