NBC mycredit Mastercard

NBC mycredit Mastercard

A no-fee credit card with mobile device insurance.

Welcome Bonus

None

Best For

Value
Year 1

$148

Years 2 and +

$148

Annual Fee

$0

Interest rates
Purchase Rates

20.99 %

Cash Advance Rates

22.49 %

Balance Transfer Rates

22.49 %

Your Monthly Spending

Offer

Offer
  • 1% cashback on purchases in restaurants and eligible recurring pre-authorized payments
  • 0.5% cashback on other eligible purchases
  • Mobile protection: Get insured against theft or damage for up to 2 years following the purchase of your mobile device

Fees & Conditions

Personal Income $0
Household Income $0
First Additional Card $0
Foreign Transaction Fee 2.5%
Purchase Rates 20.99%
Cash Advance Rates 22.49%
Balance Transfer Rates 22.49%

Value

Year 1
Years 2 and +
Welcome bonus
0 $
Annual credit
Travel benefits
VIP lounges
First-Year Offer Value
Accumulated rewards
Annual fee
Net value
Value

Reward points value

We have established a valuation of the reward point in cents for each loyalty program. More information on the points valuation page.

First-year value

For all credit cards offers, we estimate the value of the welcome offer (bonus, annual fee rebate) in the first year, plus the value of the rewards earned based on your purchases entered in the calculator for the six categories:

  • Grocery
  • Gas/Transit
  • Meals
  • Travel
  • Bills
  • Other purchases

First-Year Net Value = Welcome Bonus Value + Benefits (Annual Credit, VIP lounges, etc.) + Earned Rewards First-Year Annual Fee

Value of subsequent years

For the value of subsequent years, we consider the earned rewards based on your purchases indicated in the calculator and any benefits offered.

Subsequent years’ net value = Earned Rewards + Benefits (Annual Credit, VIP lounges, etc.) Annual fee

VIP lounges:

For credit cards with complimentary airport lounge access, this benefit is calculated as follows:

  • 1 access = $40
  • Unlimited access = $400 (the value of 10 annual visits)

Advantages

Welcome Bonus 8% cashback
Costco

Earnings

All Spending 0.5%
Drugstores 0.5%
Groceries 0.5%
Convenience Stores 0.5%
Gas 0.5%
Telecom/Internet 1%
Local Transport 0.5%
Streaming services 0.5%
Dining and Food delivery 1%
Online transactions 0.5%
Recurring Payments 1%
Office Supplies 0.5%
Travel 0.5%
Entertainment 0.5%

Insurance

Purchase Protection
Purchase Protection - Duration 90 day(s)
Mobile Device Insurance
Extended Warranty
Extended Warranty - Duration 1 year
Insurance Document Learn More
3.5 Milesopedia Rating