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National Bank Platinum Mastercard® Review
The Bottom Line
The National Bank Platinum Mastercard is great for users who need solid insurance coverage but don’t want to meet the high income requirements of premium cards. Although its rewards program isn't the most generous, its travel flexibility, combined with purchase protection and extended warranties, makes it a reliable card for those who value security while traveling. At a $70 annual fee, it’s reasonably priced for what it offers, especially considering it extends travel insurance for users up to age 74.
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on National Bank's website
Welcome Bonus
Up to 25,000 points
Rewards Rate
1x - 2x points
Points
Annual Fee
$70 $0
Interest Rates
20.99% / 22.49%
Rewards
- 2x points per $1 spent on eligible grocery and restaurant purchases (max $1,000 spent per month - 1.5 points after)
- 1.5x points per $1 spent on eligible gas, electric vehicle charging, recurring bills, and travel booked through À La Carte Rewards
- 1x point per $1.5 (0.66x point per $1) spent on all other eligible purchases
Insurance
Coverage
Purchase Protection
180 days
Extended Warranty
Up to 2 years
Emergency Out of province Medical
10 daysEmergency Medical Over 65
10 days
Trip Interruption
$1,500
Trip Cancellation
$1,000
Baggage Delay
$500Flight Delay
$500
Lost or Stolen Baggage
$1,000.svg)
Car Rental Damage & Theft
yes
Mobile Device Insurance
$1,000
Benefits
Details
Extra points
1.5 points on À La Carte Rewards
Eligibility
Credit Score
Very GoodAnnual Income
N/A
Card Details
Interest Rates
Purchase APR
20.99%
Cash Advance APR
22.49%
Balance Transfer APR
22.49%
Fees
Annual Fee
$70
Additional Cards
$35 (first year waived)
Eligibility
Minimum Individual Income
N/A
Minimum Household Income
N/A
Credit Score Estimate
Very Good
Type
Pros & Cons
Pros
- 2 points per $1 on groceries and restaurants (up to $1,000/month), which drops to 1.5 points after that.
- Extensive insurance coverage: Includes 10 types of insurance, including some of the best purchase protection (180 days) and extended warranty (2 years).
- Good for travel: Offers a flexible rewards program redeemable for travel, merchandise, or financial services.
Cons
- Low base earn rate: Only 1 point per $1.50 spent on non-bonus categories.
- Monthly cap: Only up to $1,000 for bonus categories like groceries and restaurants.
- No welcome bonus: Unlike many other cards, this one doesn’t offer any sign-up rewards.
Get personalized rewards estimates — see exactly how much you could earn.
National Bank Platinum Mastercard® Points Calculator
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on National Bank's website