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Independent ClearFin review · National Bank

National Bank Syncro Mastercard

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

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Independent comparisonFees includedCanadian card data
Annual fee
$35
Card type
Low interest
Welcome offer
Not currently verified

Offers can change without notice

Insurance
Not listed

Confirm with the issuer

National Bank Syncro Mastercard📉 Low Interest
The ClearFin bottom line

📉 Low Interest

This card is designed primarily for access to credit rather than rewards. The $35 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

  • No cashback or points earned on purchases
  • No category-based rewards or multipliers
  • No welcome bonus rewards structure
  • Value is derived entirely from low interest rates rather than spending incentives
Costs and requirements

Fees & eligibility

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

Annual fee$35
Purchase interest8.9%
Cash advance interestConfirmCheck current issuer rate
Foreign transaction fee2.5%
Income requirementNot statedIssuer approval criteria apply
Additional card$0
Recommended credit score600+ Fair to Good (Canada)

Approval is based on credit history, repayment behavior, and overall creditworthiness. No fixed minimum credit score is publicly disclosed by the issuer.

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. This is a low-interest rate optimization product designed for balance-carrying customers. Applicants with fair credit may qualify, but stronger credit profiles improve approval probability and credit limit outcomes. Income is not a primary published requirement.

Reward limits: The Syncro Mastercard does not offer cashback or points-based rewards. Therefore, there are no earn rates or reward caps. The product’s value is entirely derived from low interest rates on purchases and balance transfers rather than spending incentives.

Using your rewards

Redemption options

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

This card is not currently listed with a points or cash-back redemption program; its value is primarily tied to credit access or borrowing cost.

Beyond the points

Benefits that come with the card

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

Lowest National Bank interest rate structure

Offers one of the lowest purchase interest rates in the National Bank lineup (variable, starting around 8.90%), reducing cost of carrying balances.

Interest savings optimization

Designed to reduce interest charges for users who carry monthly balances, making it more efficient than standard cashback cards for debt holders.

21-day interest-free grace period

Provides up to 21 days of interest-free window on purchases when the full balance is paid by the due date.

Purchase protection insurance

Covers eligible purchases against theft or damage for up to 90 days after purchase.

Extended warranty protection

Extends manufacturer warranty on eligible items, typically doubling coverage for up to 1 additional year.

Fraud protection (Zero Liability)

Protects cardholders from unauthorized transactions when Mastercard security conditions are met.

Flexible credit limit

Minimum credit limit starts at approximately $500 and can be increased based on credit profile and usage.

Budget control utility

Helps users manage cash flow and reduce interest costs, making it suitable for debt consolidation and disciplined repayment strategies.

Protection included

Insurance at a glance

No included coverage is verified in ClearFin's current catalogue.

Insurance is not currently listed for this product.

This does not prove that coverage is unavailable. Confirm the issuer's current certificate and benefit guide before relying on protection.

Check the official card page ↗

The verdict

What we like

  • Very low interest rate (8.90% purchase APR) reduces cost of carrying balances
  • Designed specifically for debt repayment and balance transfer optimization
  • 21-day grace period helps avoid interest when balances are paid in full
  • Simple underwriting with no minimum income requirement improves accessibility

Worth noting

  • No rewards program (no cashback or points earned)
  • $35 annual fee reduces value if you do not carry a balance
  • FX fee of 2.5% makes it unsuitable for international spending
ClearFin analysis

Our detailed review

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

📉 Low Interest

Low purchase interest rate, plus a low rate on balance transfers & cash advances. No rewards.

How the rewards work

This card does not currently list a rewards return in ClearFin's catalogue. Its value is primarily tied to credit access and account management rather than points or cash back.

What the annual cost means

The $35 annual fee should be justified primarily by benefits you will actually use.

Who it may suit

It may suit someone prioritizing access to credit or rebuilding history, provided the issuer's approval terms and any security-deposit requirements fit their situation.

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 Syncro rate is variable: National Bank prime + 4% for purchases (minimum 8.90%) and prime + 8% for cash advances and balance transfers (minimum 12.90%). It is not converted to a fixed APR.