Welcome bonus
New cardmembers can earn up to 35,000 points + annual fee rebate + banking bundle bonuses, worth roughly $350, by completing the steps below.
How to earn it
- 5,000 pointsComplete $5,000 in net purchases within first 3 months
- 10,000 pointsComplete $20,000 in net purchases within first 12 months
- 10,000 pointsEnroll in credit card insurance for at least 3 months
- 10,000 pointsOpen eligible National Bank chequing account within 7 days and maintain in good standing
New cardholders who have not held a National Bank personal Mastercard in the past 24 months and meet income eligibility requirements
Offer ends 2026-06-29.
How you earn
- Earn up to 5 points per $1 on groceries and restaurant purchases (first $2,500 in monthly spend)
- Earn 2 points per $1 on gas, EV charging, recurring bill payments, and À la carte Travel purchases
- Earn 1 point per $1 on all other eligible purchases
- Higher earn tier resets monthly, allowing repeated accelerated earning cycles
- Points can be redeemed for travel, statement credits, gift cards, merchandise, or financial products through À la carte Rewards
- Travel redemption via À la carte Travel typically provides higher effective value per point than merchandise or statement credit options
Built-in perks & coverage
Premium travel insurance coverage
Includes trip cancellation, trip interruption, travel medical insurance, flight delay, and baggage protection for eligible travel.
Airport lounge access (Montréal-Trudeau + global network benefits)
Provides access to National Bank Lounge in Montréal-Trudeau Airport and broader travel-related privileges for premium cardholders.
High-value purchase protection
Covers eligible purchases against theft or damage for up to 180 days after purchase.
Extended warranty protection
Extends manufacturer warranties up to 2 additional years on eligible items purchased with the card.
Mobile device insurance
Provides coverage up to approximately $1,000 for accidental damage, loss, or theft of eligible mobile devices.
Annual travel credit reimbursement (up to $150)
Reimburses eligible travel-related expenses such as seat selection, baggage fees, airport parking, and upgrades up to $150 per year.
Flexible rewards redemption ecosystem
Points can be redeemed for travel, statement credits, gift cards, merchandise, or financial products through À la carte Rewards.
No FX rewards offset (standard 2.5% FX fee applies)
Foreign transactions incur a standard FX fee, with no direct rewards-based offset for international spending.
The verdict
What we like
- High-tier rewards structure (up to 5 points per $1 on groceries and restaurants, capped at $2,500 monthly)
- Strong travel benefits including insurance coverage and unlimited access to the Montréal-Trudeau National Bank Lounge
- High value welcome package (up to ~35,000 points + ~$150 annual travel fee reimbursement benefits)
Worth noting
- Tiered rewards system with up to 2 points per $1 on groceries and restaurants (first $1,000 monthly)
- Broad insurance coverage including travel, mobile device protection, and extended warranty
- Flexible redemption through À la carte Rewards (travel, statement credit, gift cards)
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