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The Syncro Mastercard is a utility tool for debt management, not a wealth-builder. While its low interest rate (Prime + 4%) is a mathematical win for those carrying a balance, the card is objectively poor for value-seeking consumers due to its complete lack of rewards and the $35 annual fee. We only recommend it as a temporary bridge for debt recovery; for anyone paying their statement in full, the card offers zero ROI and should be avoided in favour of high-yield alternatives.
Our choice for: Low Interest
on National Bank's website
Welcome Bonus
N/A
Rewards Rate
N/A
Annual Fee
$35
Interest Rates
8.90% / 12.90%
RECOMMENDED CREDIT SCORE
Rewards
No rewards on this card
Insurance
Coverage
Mastercard Zero Liability Protection
Purchase Protection
Extended Warranty
Benefits
Details
Mastercard ID Check
Adapted limit
Eligibility
Credit Score
Annual Income
Purchase APR
8.90%
Cash Advance APR
12.90%
Balance Transfer APR
12.90$
Annual Fee
$35
Minimum Individual Income
N/A
Minimum Household Income
N/A
Credit Score Estimate
Excellent
Card Type
Credit
Reward Type
None
Pros
Cons
On this page

National Bank Syncro™ Mastercard®
2.5
FinlyWealth Rating
Little details that matter
Length of the welcome promotion
From October 1, 2025, to March 3, 2026
Eligibility conditions
Description of the promotion
The annual fees will be refunded for the first year for the primary cardholder, and a $70 cashback bonus will be credited to the account if $5,000 in net purchases are made within the first 12 months of card membership.
Annual fees
Refund of annual fees in the first year for the primary cardholder.
These annual fees will be charged to your new card account, and we will refund these fees. You will receive this refund within three months of account opening, provided your account is still open and in good standing. It will appear on your statement as a credit.
Bonus payment
You may receive $70 as a cashback bonus to your account if a minimum of $5,000 in net purchases is charged to the credit card account within the first 12 months of account opening.
You will receive this cashback bonus within fifteen months of account opening, provided your account is still open and in good standing. It will appear on your statement as a credit.
The net purchases calculation period begins on the card membership date. For example, if you sign up for the card on November 25, 2025, you have until November 25, 2026, to complete the required $5,000 in net purchases to qualify for the $70 cashback bonus, and it will be credited to your account by the end of February 2027.
How purchases are calculated
The total of purchases made with all cards linked to the account is considered.
The following transactions are not counted toward the total purchases: cash advances; balance transfers; Mastercard checks; interest; non-interest fees (such as annual fees, currency conversion fees, and insurance premiums); purchase returns
Other conditions
Minimum age | Age of majority in your province or territory of residence |
|---|---|
Legal status | Be a Canadian resident |
Summary and insurance certificate | Consult the Summary[PDF] and the Insurance Certificate[PDF] |
|---|---|
Zero Liability 6 | Included |
Purchase protection against theft or damage 5 | 90 days following the purchase date |
Extended warranty 5 | Double (up to one additional year) |
Customer service (24/7) |
|
|---|---|
Insurance claim |
|
Lost or stolen card |
|
Chargeback |
To learn more about the terms applicable to your card, read the Credit card Agreement[PDF].
There are two main elements of a joint credit card:
Please remember that the primary cardholder is responsible for paying any outstanding balances and managing the account. This also means that they’re the ones who will receive any cashback generated by the account. If any disagreements or separations occur, the authorized users and primary cardholder must agree on how to proceed.
The authorized user doesn’t receive a statement and doesn’t have access to transaction details and account information, including the credit card limit. However, both cardholders can enjoy the benefits of their card. They can also change their respective PINs, as well as cancel or replace their cards.
How do I get a joint credit card?
If you’re applying for a new credit card, answer “Yes” to the “Do you need an additional card” question in our application form.
If you’d like an additional card for an existing account, fill out our credit card application or call us at 1-888-622-2783.
Please note that there’s an annual fee for an additional credit card.
To learn about how we protect your information, consult our Confidentiality Policies.
TM SYNCRO is a trademark of National Bank of Canada.
® Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Authorized user: National Bank
™ ID Check and Identity Check are trademarks of Mastercard International Inc. Authorized user: National Bank.
® Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries and regions. Apple Inc. is not a sponsor of or participant in National Bank Mobile Banking Solutions.
® Google Pay is a trademark of Google LLC and this content is not endorsed by or affiliated with Google in any way.
1. This coverage applies to purchases charged to the National Bank Syncro card. Extended warranty coverage applies to most new items purchased with the card, in Canada or abroad, as long as the manufacturer's warranty is valid in Canada. Certain conditions and restrictions apply. For more information and for details of your insurance coverage, please consult the insurance certificate associated with your card.
2. The prime rate refers to the annual variable interest rate posted by National Bank, from time to time, and used by National Bank to determine the interest rates on the demand loans it grants in Canadian dollars in Canada.
3. The interest rate for the SyncroTM credit card consists of a variable prime rate set by National Bank plus a fixed adjustment rate of 4% for purchases and 8% for balance transfers and cash advances. Please note that the annual interest rate for the SyncroTM credit card will not be less than 8.9% for purchases and 12.9% for balance transfers and cash advances.
4. Balance transfers and cash advances are subject to credit approval by National Bank. Each balance transfer must be at least $250.
5. Subject to credit approval by National Bank.
6. Certain conditions apply. Visit mastercard.ca for more information. Refer to the credit card terms and conditions.
7. 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 5% of the credit card account balance plus any overdue payment or $10, whichever amount is higher. If you reside outside of Quebec, your minimum payment represents 2.5% of the credit card account balance plus any overdue payment or $10, whichever amount is higher. Account statement: A statement is sent monthly.
Example of credit charges over a 30-day period
Annual interest rate | Average balance | |
|---|---|---|
| $500 | $3,000 |
22.49% | $9.24 | $55.45 |
20.99% | $8.63 | $51.76 |
12.90% | $5.30 | $31.81 |
8.90% | $3.66 | $21.95 |
*Variable interest rate in effect on September 1, 2021
8. You will receive a response confirming that your request has been approved, denied, or is in progress. Please note that if your request is in progress, we will ask you for additional information.
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.