National Bank Business Mastercard vs Ramp Corporate Card
Both business cards worked out on the same spending: rewards, welcome bonus, fees and perks, line by line.
Neither card earns rewards we can work out.
So National Bank Business Mastercard and Ramp Corporate Card come down to their fees, rates and perks, compared below.
Welcome bonus
Each offer as the issuer words it, then which milestones your spending reaches.
National Bank Business Mastercard
No welcome bonus right now.
Ramp Corporate Card
No welcome bonus right now.
Fees, rates and eligibility
What each card costs to hold and to use abroad, and who it's for.
Annual fee
Employee cards
Foreign transaction fee
Rewards
Network
National Bank Business Mastercard
Interest rates
Purchase:
20.99% or 14.5%^
Cash Advance:
22.99% or 14.5%^
Balance Transfer:
22.99% or 14.5%^
Recommended credit score
Income required
Min Personal Income:
N/A
Min Household Income:
N/A
Ramp Corporate Card
Interest rates
Purchase:
N/A
Cash Advance:
N/A
Income required
Min Personal Income:
N/A
Min Household Income:
N/A
How each card earns
The earn rates and caps, as each issuer sets them.
National Bank Business Mastercard
- Pay just $30 in annual fees with a minimum credit limit1 of $1,000 and reduce your rate to 14.5% on purchases, balance transfers and cash advances.2,3
- Get up to $10,000 in coverage against fraudulent uses of your credit card by authorized cardholders.
Ramp Corporate Card
- Get up to 1% cash back on all eligible transactions
Insurance and perks
What both cards include comes first in each list.
National Bank Business Mastercard
Insurance
Purchase Protection
90 days
Perks
No extra perks.
Ramp Corporate Card
Insurance
Purchase Protection
First 90 days, up to $10,000 per claim and $50,000 per cardholderCar Rental Damage & Theft
31 days. Reimbursed for damages caused by theft up to cash value of most rented carsCar Rental Accident
31 days. Reimbursed for damages caused by collision up to cash value of most rented carsExtended Warranty
YesTravel and Emergency Assistance Services
Available 24 hours a day, 365 days a year
Perks
Adapted limit
Customizable limits and controls down to the merchant and transaction levelHigh Credit Limits
30x higher than those offered by traditional banksNo Credit Check
No personal credit check or personal guarantee requiredUnlimited Cards
Issue unlimited virtual and physical cards for each employee
Our take
National Bank Business Mastercard
This is a no-rewards, no-frills business card — and that’s exactly the point. There’s no annual fee, no points to track, and no complicated structure. What you get is a clean way to separate business expenses from personal ones, with the option to drop your interest rate to 14.5% for just $30/year. That makes it one of the better options if your business occasionally carries a balance. It won’t earn you anything on spending, but for businesses that just need a functional credit line without paying for features they’ll never use, it does the job.
- $0 annual fee (including additional cards)
- Option to lower interest rate to 14.5% with $30 annual fee
- Helps separate business and personal expenses
- No rewards program (no points or cash back)
- Limited insurance coverage
- No travel perks or premium benefits
Ramp Corporate Card
The Ramp Corporate card offers a competitive edge with perks like higher credit limits, no credit checks, and cash back opportunities. The card pairs perfectly with Ramp's arsenal of products dedicated to expense management, bill payments, accounting automation, vendor management, and reporting. Together, these tools help Canadian businesses save both time and money.
- No Annual Fee
- High and Customizable Credit Limits
- Cash Back Opportunities
- No Credit Check
- Unlimited Cards
- Minimum Balance Requirements
- Geographical Limitations
- No Sole Proprietors
More business card comparisons
Each card against every other business card we review.
National Bank Business Mastercard

vs Amex Aeroplan Business Reserve

vs Amex Business Gold

vs Amex Platinum Business

vs BMO CashBack Business Mastercard

vs BMO® Ascend World Elite®* Business Mastercard®*

vs CIBC Aventura® Visa* Card for Business

vs CIBC bizline® Visa* Card

vs Marriott Bonvoy® Business American Express® Card

vs National Bank Platinum Business Mastercard

vs RBC Avion Visa Infinite Business Credit Card

vs RBC® Business Cash Back Mastercard‡

vs Scotia Momentum Business Visa

vs Scotia Momentum® for business No Fee Visa* Card

vs Scotiabank Passport Business

vs TD Business Cash Back Visa* Card

vs TD Business Travel Visa* Card

vs TD® Aeroplan® Visa* Business Card

vs The RBC Avion Visa Business Credit Card

vs WestJet RBC® World Elite Mastercard® for Business
Ramp Corporate Card

vs Amex Aeroplan Business Reserve

vs Amex Business Gold

vs Amex Platinum Business

vs BMO CashBack Business Mastercard

vs BMO® Ascend World Elite®* Business Mastercard®*

vs CIBC Aventura® Visa* Card for Business

vs CIBC bizline® Visa* Card

vs Marriott Bonvoy® Business American Express® Card

vs National Bank Platinum Business Mastercard

vs RBC Avion Visa Infinite Business Credit Card

vs RBC® Business Cash Back Mastercard‡

vs Scotia Momentum Business Visa

vs Scotia Momentum® for business No Fee Visa* Card

vs Scotiabank Passport Business

vs TD Business Cash Back Visa* Card

vs TD Business Travel Visa* Card

vs TD® Aeroplan® Visa* Business Card

vs The RBC Avion Visa Business Credit Card

vs WestJet RBC® World Elite Mastercard® for Business
Legal
National Bank Business Mastercard
Little details that matter
Customer service or report a lost or stolen card |
|
|---|---|
Report fraudulent use by an authorized cardholder |
|
Chargeback |
®Mastercard and Mastercard BusinessCard are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated. Authorized user: National Bank
TM ID Check and Identity Check are trademarks of Mastercard International Inc. Authorized user: National Bank.
1 Subject to credit approval from National Bank.
2 Grace period: No interest will be charged on purchases made during the month, provided the client pays the balance in full within twenty-one (21) days of the statement date. This grace period does not apply to cash advances or balance transfers. Minimum payment: If your account balance is lower than $10, you must pay the entire balance. If you reside in the province of Quebec, your minimum payment will correspond to 2.5% of the credit card account balance plus any overdue payment or $10, whichever amount is higher. If you are a business that chose the corporate responsibility, please refer to the cardholder agreement and account statement. Account statement: A statement is sent monthly.
| Average balance | |
|---|---|---|
Annual interest rate | $500 | $3,000 |
22.99% | $9.45 | $56.69 |
20.99% | $8.63 | $51.76 |
14.5% | $5.96 | $35.75 |
11.7% | $4.81 | $28.85 |
*Variable interest rate in effect on April 24, 2023.
3 Subject to credit approval from National Bank. The total of all amounts transferred cannot exceed $5,000.
4 Certain conditions apply. Visit mastercard.caopens in a new tab for more information. Refer to the credit card terms and conditions.
This content is made available by National Bank and its affiliates for information purposes only. It does not create any legal or contractual obligations for National Bank and its affiliates. The conditions described herein are not exhaustive and are subject to change.
Some of our cards offer a compensation plan in the event of fraud by a cardholder. If necessary, the fraud compensation plan entitles you to a refund limited to the real loss resulting from fraudulent use of the card or account by the cardholder. This plan only applies in the event of fraudulent use by a cardholder who is not also an authorized signatory. The refund amount can be up to $100,000 per account per 12-month period. To use this plan, the company and all authorized signatories must fully collaborate with the Bank and file an official complaint with law enforcement authorities. The application of the fraud protection plan is governed by the conditions set out in section 14 of the credit card agreement. In particular, the plan does not apply if, through negligence, the cardholder contributed to the unauthorized or fraudulent use of the card or account by any person other than a cardholder.
National Bank is not responsible for maintaining or monitoring the accuracy of information on this website. If you apply and get approved for a National Bank Card, (I/we) may receive compensation from National Bank, which can be in the form of monetary payment.
Ramp Corporate Card
Terms and conditions apply. Cards issued by Peoples Trust Company under license from Visa International.
Must have at least $25,000 in your primary business bank account to qualify.
Businesses must be a corporation or a limited liability company registered in Canada; sole proprietorships, partnerships, and unregistered businesses are not eligible.
Certain industries may be restricted from onboarding to Ramp (e.g. cryptocurrency and cannabis businesses).
Ramp cannot serve Quebec, Saskatchewan, or the territories (Yukon, Northwest Territories, and Nunavut).




