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National Bank mycredit Mastercard review

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Advertiser Disclosure

Annual Fee
Interest Rate: Purchases
Interest Rate: Purchases
Balance Transfer
Balance Transfer
0.5 - 1% cashback
0.5 - 1% cashback
Signup Bonus
Signup Bonus

Informr score
The National Bank mycredit Mastercard currently has an Informr score of 6.4 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 mycredit 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...


The National Bank mycredit Mastercard is a no-frills cash back card that gives you the following: Earn 1% cash back on every $1 spent in restaurants and on recurring pre-authorized payments, and 0.5% cash back on other eligible purchases.. It also comes with a generous welcome bonus and other perks...

- Claire Horwood, Finder

The National Bank mycredit Mastercard is about as straight-forward as you can get while still earning a decent earn rate on your purchases. Its main draw is the simple cash back you earn, which is deposited into your account every month. You'll also get protection for your cell phone included in the...

- MoneyGenius

There are plenty of reasons for adding a no fee card to your wallet. Whether you don't spend enough to justify an annual fee, or just want a no fee card to pair with a more premium card if you're looking for a no fee cash back card, the National Bank mycredit Mastercard is a good place to start. One...

- creditcardGenius


Interest Rates
Regular APR Interest Rate 20.99%
Balance Transfer Interest Rate 22.49%
Cash Advance Interest Rate 22.49%
Rates & Fees
Annual Fee $0.00
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
Sign up bonus No
All Purchases 0.5% cash back
Restaurants 1% cash back
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills 1% cash back

Recurring pre-authorized payments

Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments No
Virtual Cards No
Additional Benefits

Mobile devices insurance

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
Additional comments -
Terms & Conditions Official Terms & Conditions
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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.

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