Advertisers are not responsible for the content of this site, including any editorials or reviews that may appear on this site. For complete and current information about any information on any advertiser product, please visit their website. We have business relationships with certain partners mentioned in our communication channels. While we may receive compensation if you sign up to a product or service through our affiliate links, our analyses and content are based on objective evaluation. †Terms and conditions apply.
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 this offer for the National Bank Platinum Mastercard®, enjoy a rebate on the first year’s annual fee (a $70 value) and receive up to 25,000 bonus points distributed as follows:
With the National Bank Platinum Mastercard®, you can earn 2 points per dollar on grocery and restaurant purchases, and 1.5 points per dollar on gas, EV charging, recurring bills and À la carte Travel.
Since it is an NBC mycredit Mastercard, you can use it at Costco.
Unlike the other two National Bank travel rewards cards, the National Bank Platinum Mastercard® does not require a minimum income.
What’s more, you can take advantage of a wide range of insurances usually reserved for high-end credit cards:
We voted the National Bank Platinum Mastercard® as the best credit card for young professionals in 2024.
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 on the Grocery & Restaurant category. This is still very good compared with other cards that offer only one point per dollar after the threshold is reached.
To redeem your rewards points NBC, 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 to those you’ll find at any travel agency.
What’s more, you can also earn NBC rewards points through this agency. This is the best use of points at a rate of 10,000 points per $100 of credit.
You can also use your NBC rewards points as a statement 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 redemption 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 the online travel agency Plan à la carte NBC: you’ll earn a $100 credit for every 10,000 points redeemed. Here are the details of your other options:
In terms of protection, the National Bank Platinum Mastercard® stands out when compared with other cards of the same type.
You can find the insurance contract here.
The National Bank Platinum Mastercard® offers $5,000,000 in emergency travel medical coverage.
The National Bank Platinum Mastercard® is one of the only credit cards in Canada to cover most of the cost of your trip, even if you only carry a portion of it.
The coverage will reimburse expenses (…) if at least part of the cost of the trip has been charged to the account. National Bank of Canada
The coverage will reimburse expenses (…) if at least part of the cost of the trip has been charged to the account.
National Bank of Canada
The main differences in coverage with the National Bank Platinum Mastercard are the length of trip covered and the eligible amounts for trip cancellation and interruption insurance.
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 cost of equivalent travel insurance for a week’s All-inclusive holiday can rise 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 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 purchase protection for 180 days (6 months from the date of purchase). Other credit cards offer only 90 days (3 months) of purchase protection.
What’s more, 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 have, especially if you don’t qualify for the high-end National Bank 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 (if you don’t see the sign-up form, please click here):
You can change your preferences or opt out at any time by clicking on one of the hyperlinks available at the bottom of each newsletter.
If you are already a subscriber and would like to unsubscribe, you can click on the link at the bottom of any of our e-mails.
