NBC Platinum Mastercard

NBC Platinum Mastercard

A great credit card in Canada for travel or purchase insurance. Earn 1 point per dollar on purchases, including at Costco.

Welcome Bonus

None

Best For

Value
Year 1

$127

Years 2 and +

$127

Annual Fee

$89

Interest rates
Purchase Rates

20.99 %

Cash Advance Rates

22.49 %

Balance Transfer Rates

22.49 %

Your Monthly Spending

Offer

Offer
  • Earn 1 point per dollar spent
  • Trip Cancellation and Trip Interruption Insurance
  • Flight and baggage delay insurance
  • Car rental insurance
  • Extended warranty
  • Purchase insurance against theft or damage

Fees & Conditions

Personal Income $0
Household Income $0
Annual Fee $89
First Additional Card $35
Other Additional Card $35
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 = $35
  • Unlimited access = $350 (the value of 10 annual visits)

Advantages

Costco

Earnings

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

Insurance

Flight Delay Insurance Amount $500
Delayed Baggage Amount $500
Lost/Stolen Baggage Insurance Amount $1,000
Trip Cancellation Insurance Amount Per Person $1,250
Trip Interruption Insurance Amount Per Person $2,500
Travel medical insurance up to 64 years old - Amount $5,000,000
Travel medical insurance up to 64 years old - Duration 10 day(s)
Auto Rental Loss/Insurance - Amount MSPP $65,000
Purchase Protection
Purchase Protection - Duration 180 day(s)
Travel Medical Insurance
Extended Warranty
Extended Warranty - Duration 2 year(s)
Insurance Document Learn More