There may be a daily maximum amount depending on the type of fees paid
The NBC Syncro Mastercard is a low-interest credit card from National Bank. It offers a low interest rate of 9.95% for purchases and 13.95% for cash advances and balance transfers.
Since it’s a Mastercard credit card, you’ll be able to use the NBC Syncro Mastercard at Costco. Finally, it offers you insurance for your purchases.
The NBC Syncro Mastercard is the best low-interest credit card from NBC. This credit card is one of the best low-interest credit cards in Canada.
It offers a competitive interest rate for purchases.
The card includes purchase insurance and an extended warranty.
Yes, it is equipped with contactless payment functionality.
You must be a resident of Canada.
Interest rates
The prime rate means the annual variable interest rate posted by National Bank, from time to time, and used by the Bank to determine the interest rates on the demand loans it grants in Canadian dollars in Canada.
The interest rate for the SYNCRO card consists of a variable prime rate set by National Bank plus a fixed adjustment rate of 4% for purchases and 8% for balance transfers and cash advances. Please note that the annual interest rate for the SYNCRO card will not be less than 8.9% for purchases and 12.9% for balance transfers and cash advances.
Purchase Insurance
This coverage applies to purchases charged to the National Bank Syncro card. Extended warranty coverage applies to most new items purchased with the card, in Canada or abroad, as long as the manufacturer’s warranty is valid in Canada. Certain conditions and restrictions apply. For more information and for details of your insurance coverage, please consult the insurance certificate associated with your card.
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
*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.
Savings are here:
