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
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Points offered
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Conditions
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When points are awarded to the account
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10 000
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$2,500 in purchases in the first three months
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In the two months following the end of the purchase calculation period.
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15 000
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$6,500 in purchases in the first 12 months
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In the two months following the end of the purchase calculation period.
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5 000
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Enrolment in payment insurance* for at least the first three months
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In the two months following the minimum enrolment period for payment insurance.**
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* 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.
Best of April 2024
