Welcome bonus
New cardmembers can earn up to 25,000 rewards points + first-year annual fee rebate by completing the steps below.
How to earn it
- 10,000 pointsEnroll in payment protection insurance for at least 3 months
- 5,000 pointsSpend at least $2,500 within first 3 months
- 10,000 pointsSpend at least $10,000 within first 12 months
- Annual fee refund (Year 1)Maintain account in good standing
New cardholders who have not held a National Bank personal Mastercard in the past 24 months and meet promotional conditions during the offer period
Offer ends 2026-02-02.
How you earn
- Earn up to 2 points per $1 on groceries and restaurant purchases (tiered monthly structure)
- Earn 1.5 points per $1 on gas, EV charging, recurring bill payments, and travel purchases
- Earn 1 point per $1.50 on other eligible purchases
- Higher earn rate applies on first $1,000 in monthly grocery and restaurant spend before tier adjustment
- Points can be redeemed for travel, gift cards, merchandise, or statement credits through National Bank’s À la carte Rewards program
- Points can also be used for travel bookings via the bank’s online travel platform with variable redemption value
Built-in perks & coverage
Tiered accelerated rewards structure
Earn up to 2 points per $1 on groceries and restaurants, with boosted earning on the first $1,000 monthly spend in these categories.
Travel insurance coverage (short trips)
Includes travel insurance for trips of up to 10 days, covering trip interruption, cancellation, and emergency assistance in eligible cases.
Mobile device insurance
Provides coverage up to approximately $1,000 for loss, theft, or damage of eligible mobile devices purchased with the card.
Purchase protection
Covers eligible items against theft or damage for up to 180 days after purchase.
Extended warranty coverage
Extends manufacturer warranties by up to an additional two years on eligible purchases.
Fraud protection and Zero Liability
Protects cardholders against unauthorized transactions when standard Mastercard security conditions are met.
Flexible rewards redemption ecosystem
Points can be redeemed for travel, merchandise, gift cards, statement credits, or through National Bank’s À la carte Rewards platform.
No minimum income requirement
Accessible entry to mid-tier rewards segment, subject to credit approval rather than strict income thresholds.
The verdict
What we like
- Strong tiered rewards structure (up to 2 points per $1 on groceries and restaurants)
- Flexible redemption ecosystem (travel, statement credit, gift cards, merchandise)
- Comprehensive insurance package including travel, mobile device, and purchase protection
- No minimum income requirement improves accessibility across mid-tier applicants
- Category-based accelerators increase earn velocity for everyday spending segments
Worth noting
- Annual fee of $70 reduces net value for low-spend users
- CPP is variable and not guaranteed, leading to redemption uncertainty
- Rewards cap structure limits accelerated earning after $1,000 monthly spend in key categories
- High purchase interest rate (20.99%) makes it unsuitable for carrying balances
- Lower value compared to premium World Elite cards for travel-heavy users
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