National Bank offers a great product accessible to all travellers with the National Bank Platinum Mastercard®. Plus the purchase protection offered is some of the best on the market!
With the National Bank Platinum Mastercard®, you can earn up to 2 points per dollar:
*For the Grocery & Restaurant category, you can earn 2 points per dollar up to $1,000 in total monthly card purchases.
Once you’ve reached $1,000 in monthly purchases, you’ll earn 1.5 points per dollar in the Grocery & Restaurant category. This is still very good compared with other cards that only offer one point per dollar after the threshold has been reached.
To redeem your NBC Reward points, log on to the National Bank’s À la Carte Rewards portal.
Then, you can use your points to book a trip (+ cash if needed ) through the “À la Carte” Travel agency. The rates are the same as what you would find at any travel agency.
And you can collect NBC reward points through this agency. By doing so, it will be the best use of your points at a rate of 10,000 points per $100 of credit.
You can also use your NBC rewards points as an account credit for all travel expenses charged to your credit card (redemption must be made within 60 days of the expense being charged to the credit card account).
This gives you the freedom to book as you see fit, for example with Airbnb, organized tours, excursions and so on.
The exchange rate for this type of use is
You can also shop for a product in the catalogue offered by NBC À la carte. However, this is not an optimal use of points.
The best way to use your points is to book your trip through Plan à la carte’s online travel agency NBC: you’ll earn a $100 credit for every 10,000 points redeemed. Here are the details of the other options available to you:
When it comes to protection, the National Bank Platinum Mastercard stands out compared to other cards in the same range.
You can find the insurance contract here.
The National Bank Platinum Mastercard offers $5,000,000 in emergency travel medical coverage.
For most of its insurance coverages, the National Bank Platinum Mastercard® is one of the only credit cards in Canada to cover you, even if you charge only part of the cost of your trip to your card.
The following expenses will be reimbursed (…) provided that a portion or the entire cost of the trip was charged to the account Banque Nationale du Canada
The following expenses will be reimbursed (…) provided that a portion or the entire cost of the trip was charged to the account
Banque Nationale du Canada
The main differences regarding insurance coverage of the National Bank Platinum Mastercard® are the duration of the trip and the amounts eligible for cancellation/interruption coverage.
When we analyze this data, we can see that this card is perfect for people who like to make several short trips.
For a family of 3, the price for equivalent travel insurance for a week in an all-inclusive package can climb to over $200!
The National Bank Platinum Mastercard® covers you if at least part of the cost of your trip has been charged to your account.
The National Bank Platinum Mastercard covers you if at least part of the cost of your trip has been charged to your account.
The National Bank Platinum Mastercard® covers you if the full cost of travel on a common carrier has been charged to your account.
The National Bank Platinum Mastercard® covers you if you use your card (or your NBC Rewards points) to pay for your car rental in full.
Similarly, personal belongings in the vehicle are protected.
The National Bank Platinum Mastercard® is one of the only credit cards in Canada to offer 180-day purchase protection (6 months from the date of purchase). Other credit cards offer only 90 days (3 months).
Plus the National Bank Platinum Mastercard is one of the only credit cards in Canada to triple the coverage period on new items covered by an original manufacturer’s warranty valid in Canada.
The National Bank Platinum Mastercard® is a great card to own, especially if you don’t qualify for the premium National Bank credit cards.
Actually, the insurance offered for short trips is excellent, and the purchase insurance is identical to its big sister, the National Bank World Elite Mastercard.
Savings are here:
