Note: We may earn commissions (at no cost to you) if you buy through links on our site. Learn more.

National Bank Platinum Mastercard review

Compare Compare  
Advertiser Disclosure

Annual Fee
$70.00
Interest Rate: Purchases
20.99%
Interest Rate: Purchases
20.99%
Balance Transfer
22.49%
Balance Transfer
22.49%
Rewards
1.5% cashback
Rewards
1.5% cashback
Signup Bonus
10000 points (after spending $2,500)
Signup Bonus
10000 points (after spending $2,500)


4.8/10
Informr score
The National Bank Platinum Mastercard currently has an Informr score of 4.8 out of 10. This score is based on our evaluation of 3 sources including reviews from users and the web's most trusted critics.

Am I eligible?


National Bank Platinum Mastercard is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


Finder
Finder

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.

- Claire Horwood, Finder
MoneyGenius
MoneyGenius

The National Bank Platinum Mastercard is a good choice for people who don't want high annual fees and complicated rewards systems. You can still redeem your points for travel, but it's a simple 10,000 points = $100 in travel conversion. And it's important to recognize just how rare getting a full 10...

- MoneyGenius
creditcardGenius
creditcardGenius

Although the insurance package isn’t quite as good as its World and World Elite counterparts, it still compares favourably to the competition. Not as impressive as the World and World Elite, but it still offers the same extended warranty and purchase protection. So, if a good insurance package and n...

- Jonathon, creditcardGenius

Details


Interest Rates
Regular APR Interest Rate 20.99%
Balance Transfer Interest Rate 22.49%
Cash Advance Interest Rate 22.49%
Rates & Fees
Annual Fee $70.00

Waived on the first year

Balance Transfer Fee 1%

If transfer is requested when credit card account is opened, otherwise 3%.

Cash Advance Fee $3.50

$5.00 fee for cash advances outside of Canada.

Foreign Transaction Fee 2.5%

Transactions made in a foreign currency will be converted and posted to your account in Canadian currency.

Over Limit Fee $0.00
Late Payment Fee $0.00
Promotions
Sign up bonus 10000 points after spending $2,500
  • On purchases within the first 3 months
  • Get another 10000 points after your first anniversary
  • Also get 5000 points upon enrolment in payment insurance for at least the first three months
Rewards
All Purchases 1 point per $1.5 spent
Restaurants 2 points per $1 spent
Gas 1.5 points per $1 spent

Including electric vehicle charging

Groceries 2 points per $1 spent
Hotels No
Travel 1.5 points per $1 spent

You must make your eligible purchases via the À la carte Travel™ Agency

Pharmacy No
Bills 1.5% cash back
Features & Benefits
Additional Card Holders

$35 per year for each card

Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance Yes
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments Apple Pay, Google Pay
Virtual Cards No
Additional Benefits
  • Flight cancellation or trip interruption insurance
  • Delayed flight and stolen luggage insurance
  • Stolen or lost luggage insurance
  • Insurance in case of accidental breaks, loss or theft of mobile devices
Eligibility
Minimum Security Deposit $0
Minimum Age

18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces.

Minimum Personal Income
Temporary Residents No
More
Additional comments -
Terms & Conditions Official Terms & Conditions
Suggest a correction

Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.

Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.

Use this card?

Help inform others by sharing your experience with National Bank Platinum Mastercard

Rate It: