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Independent ClearFin review · National Bank

National Bank ECHO Cashback Mastercard

Full earn rates, fees and benefits for the National Bank ECHO Cashback Mastercard.

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Independent comparisonFees includedCanadian card data
Annual fee
$30
Reward type
Cash Back
Welcome offer
Not currently verified

Offers can change without notice

Insurance
1 coverages

Certificate terms apply

National Bank ECHO Cashback Mastercard💸 Cashback
The ClearFin bottom line

💸 Cashback

Its strongest published earn rate in our data is 1.5% on groceries. The $30 annual fee should be weighed against the rewards and benefits you expect to use.

Checked 2026-08-09 · Official issuer catalogue

Welcome bonus

No current welcome offer is verified in ClearFin's catalogue.

Issuer promotions change frequently. Check the card's official page before applying.

How you earn

  • 1.5% cashback on gas purchases (first $25,000 in annual eligible gas, grocery, and online purchases)
  • 1.5% cashback on grocery purchases (first $25,000 in annual eligible gas, grocery, and online purchases)
  • 1.5% cashback on online purchases (first $25,000 in annual eligible gas, grocery, and online purchases)
  • 1% cashback on all other eligible purchases
  • After $25,000 in annual eligible purchases, all purchases earn 1% cashback
Costs and requirements

Fees & eligibility

Confirm final approval criteria and current rates directly with the issuer.

Annual fee$30
Purchase interest20.99%
Cash advance interest22.49%
Foreign transaction fee2.5%
Income requirementNot statedIssuer approval criteria apply
Balance transfer interest22.49%
Recommended credit score660+ Fair to Good

The ECHO Cashback Mastercard has no minimum income requirement and is designed as an entry-level cashback card, making it accessible to applicants with established but not necessarily excellent credit.

ClearFin estimate on Canada's 300–900 scale. This is not an issuer cutoff or approval guarantee; lenders may use different bureau scores and underwriting criteria. National Bank does not publish a minimum credit score requirement. Approval is based on several factors including credit history, income, debt obligations, payment history, and overall creditworthiness.

Reward limits: The 1.5% cashback rate applies only to the first $25,000 in annual eligible gas, grocery, and online purchases. After that annual cap is reached, eligible purchases earn the base 1% cashback rate. No separate cap is disclosed for the base 1% cashback rate.

Earning cap

Using your rewards

Redemption options

Redemption values and availability may vary by option and can change.

Redeem earned cash rewards using the issuer's available cash-back or statement-credit options.

Minimum redemption amounts, automatic payout timing, and eligible account credits vary by issuer; confirm the current program terms before applying.

Beyond the points

Benefits that come with the card

Consider these extras by the value they add to purchases and experiences you already use.

Purchase Protection Insurance

Eligible purchases are protected against theft or accidental damage for 90 days from the purchase date.

Extended Warranty

Doubles the manufacturer's original warranty for up to one additional year on eligible purchases.

Mastercard ID Check

Additional security for online purchases through identity verification and fraud prevention.

Mastercard Zero Liability

Protection against unauthorized transactions made with the card.

Card Management Tools

Lock, unlock, replace your card, receive balance alerts, set travel notifications, and schedule pre-authorized payments through online banking.

Additional Cards

Add authorized users at no annual fee to help consolidate spending and earn cashback faster.

Protection included

Insurance at a glance

1 coverage listed. Key terms are summarized below; full certificate terms apply.

Purchase security

This coverage is listed in ClearFin's card catalogue. Confirm eligibility, limits, exclusions, and payment requirements in the issuer's current insurance certificate.

Coverage is subject to eligibility, exclusions, limits, payment requirements, and claim rules in the insurance certificate.

The verdict

What we like

  • High cashback on everyday spending
  • No minimum income requirement
  • Purchase protection and extended warranty

Worth noting

  • $30 annual fee
  • Cashback bonus limited to first $25,000 annually
  • No travel insurance benefits
ClearFin analysis

Our detailed review

A practical reading of where the card earns, what the fee buys, and which limits matter.

💸 Cashback

Up to 1.5% cashback on gas, groceries & online purchases. No annual fee.

How the rewards work

Groceries, Gas receive the strongest estimated return at 1.5%. Purchases outside the accelerated categories earn an estimated 1.0%.

What the annual cost means

Using the strongest estimated category return alone, roughly $2,000 in annual spending at that rate would equal the $30 fee before considering the value of insurance, partner benefits, or a welcome offer.

Who it may suit

This card is most relevant for someone who spends consistently on groceries and gas and can use enough of the included value to justify the yearly cost.

What to examine before applying

Compare the purchase interest rate, foreign-transaction fee, approval requirements, reward limits, and insurance certificates. Pay particular attention to merchant-category rules because a store may not receive the reward rate its products appear to suggest.

Issuer terms apply. ClearFin is not affiliated with this provider. How we make money. Card facts were checked against the issuer's official source. The issuer's current catalogue was checked. Any field not explicitly listed remains marked as unverified rather than estimated.