In this guide

  • Review
  • Frequently asked questions
  • Your reviews
Finder makes money from featured partners, but editorial opinions are our own.

National Bank Platinum Mastercard review

  • Avatar
National Bank Platinum Mastercard
Welcome Offer
N/A
Rewards
2 point per $1 spent
Annual Fee
$70
Purchase Interest Rate
20.99%
Cash Advance Rate
22.49%
All information about National Bank Platinum Mastercard has been collected independently by Finder. Finder is not connected with National Bank products, and this page is not sponsored, endorsed or administered by, or associated with, National Bank. All product names, logos, and brands have been used for identification purposes only and are property of their respective owners.

Summary

Get comprehensive benefits and flexible rewards when you spend money with the mid-level travel-focussed National Bank Platinum Mastercard.

Use your points to redeem for travel, merchandise, gift cards, banking products and more.

In this guide

  • Review
  • Frequently asked questions
  • Your reviews

With the National Bank Platinum Mastercard you can get the following: Earn up to 2 points per dollar spent on grocery and restaurant purchases, 1.5 points per dollar on gas, electric vehicle charging purchases, recurring bill payments and À la carte travel purchases and 1 point per $1.50 spent on other purchases.

30-second take

  • Think about the National Bank Platinum Mastercard if you want to earn comprehensive benefits and flexible rewards.
  • Choose something else if you’d rather collect specific frequent flyer miles or you don’t want to pay an annual fee.
  • There are no minimum income requirements to qualify for this card.

The basics

Whether you’re a seasoned traveller or you’re booking your first flight overseas, you could save money on your next trip with the National Bank Platinum Mastercard.

  • Decent return. Earn one point for every dollar you spend on your card.
  • Purchase protection. Double your warranty coverage and protect the purchases you make on your credit card.
  • Travel insurance. Protect yourself and your trip with travel medical, trip interruption, trip cancellation, flight delay and baggage insurance.
Coverage typeAmount
Travel medicalUp to $5,000,000 per person (10 days only)
Trip cancellationUp to $1,000
Trip interruptionUp to $1,500
Flight delayUp to $500
Baggage delayUp to $500
Baggage insurance (theft or damage)Up to $1,000

The perks

  • Car rental insurance. Protect any car you rent with comprehensive insurance for up to 48 days.
  • Zero liability coverage. Rest easy with protection against fraudulent charges on your account.
  • Special travel agency. Save on travel when you redeem your points through National Bank‘s À La Carte online travel agency.
  • Flexible rewards. Use your points to redeem for travel, merchandise, gift cards, banking products and more.
  • No minimum income. You won’t have to make a minimum annual income to qualify for this card.

What to watch out for

  • Mid-level annual fee. The fee for this card is $70 per year.
  • High interest. You’ll pay 20.99% interest on outstanding balances on your card and 22.49% for cash advances.
  • Low points value. Your points won’t be worth as much as they are with other frequent flyer and travel rewards programs.
  • Limited travel medical. You’ll only be insured with travel medical for trips that are 10 days or less.

National Bank Platinum Mastercard interest rates

Interest TypeInterest Rate
Purchase interest rate20.99%
Cash advance rate22.49%
Standard balance transfer rate22.49%

What should I know before I apply?

Eligibility requirements

To apply for a National Bank Platinum Mastercard, you need to meet the following criteria:

  • Be a Canadian citizen or permanent resident who is at least 18 years old (19 in some provinces)

Required documents and information.

  • Your name, residential status and contact information
  • Your social insurance number and date of birth
  • Your email address and phone number

How to apply for the National Bank Platinum Mastercard

  1. Click the ‘Go to site’ button above or this secure link to be securely redirected to the online application.
  2. Complete the application, which includes providing your name, email address, social insurance number and birth date.
  3. Review and submit your application.

Compare other credit cards

Name Product Welcome Offer Rewards Purchase Interest Rate Annual Fee Min. Credit Score Description
RBC ION Visa
3,500 points
1.5 points per $1 spent
20.99%
$0
Min. recommended credit score: 660
Get 3,500 Avion points when you get approved for the card.
Neo Credit Mastercard
Get $25.00 + up to 15% cash back
Up to 5% cash back
19.99% - 29.99%
$0
Min. recommended credit score: 600
Get $25 when you sign up for the Neo Financial Mastercard. Plus, earn bonuses like 15% cashback on your first purchase at most partners, and earn an average of 5% cashback at partner stores and at least 1% cashback guaranteed.
Tangerine World Mastercard
10% cash back
Up to 2% cash back
19.95%
$0
Min. recommended credit score: 600
Earn 10% cash back (up to $100) when you spend $1,000 in the first 2 months. Valid until April 30, 2024. Plus, get a 1.95% interest rate on balance transfers for the first 6 months.
American Express Cobalt Card
15,000 points
Up to 5x points per $1 spent
20.99%
$155.88
Min. recommended credit score: 700
Earn up to 15,000 Membership Rewards points in your first year. Earn 1,250 Membership Rewards points for each monthly billing period in which you spend $750 in purchases. That’s up to $150 towards a weekend getaway or concert tickets.
BMO CashBack Mastercard
5% cash back
Up to 3% cash back
20.99%
$0
Min. recommended credit score: 660
Get 5% cash back on all eligible purchases in the first three months of card membership (up to max. spend of $2,500). Plus, get a rate of 0.99% on balance transfers for 9 months. A 2% fee applies to transferred balances.
Tangerine Money-Back Credit Card
10% cash back
Up to 2% cash back
19.95%
$0
Min. recommended credit score: 600
Earn 10% cash back (up to $100) when you spend $1,000 in the first 2 months. Valid until April 30, 2024. Plus, get a 1.95% interest rate on balance transfers for the first 6 months.
RBC Cash Back Mastercard
N/A
Up to 2% cash back
20.99%
$0
Min. recommended credit score: 650
RBC ION+ Visa
7,000 points
3 points per $1 spent
20.99%
$48
Min. recommended credit score: 660
Get up to 7,000 welcome points. Get 3,500 points on approval and earn 3,500 bonus points when you spend $500 in your first 3 months.
BMO eclipse rise Visa Card
25,000
Up to 5 points per $2 spent
20.99%
$0
Min. recommended credit score: 660
Earn up to 25,000 bonus points.
BMO Preferred Rate Mastercard
0.99% rate on balance transfers for 9 months
N/A
13.99%
$0 annual fee for the first year ($29 thereafter)
Min. recommended credit score: 660
Get a rate of 0.99% on balance transfers for 9 months with a 2% transfer fee. Plus, get the $29 annual fee waived in the first year.
loading

Bottom line

The National Bank Platinum Mastercard is a mid-level travel rewards card that lets you earn flexible points and cash back. You’ll also get comprehensive travel benefits and other perks like car rental insurance and purchase protection when you sign up.

Frequently asked questions about the National Bank Platinum Mastercard

Frequently asked questions

Your reviews

No reviews yet. Write a review
Go to site