Background pattern
allure

2.1

/5

National Bank

Mastercard

National Bank Allure® Mastercard®Cash Back Calculator

Our Take

The National Bank Allure Mastercard is perfect for those looking to support a charitable cause while earning cash back on everyday purchases. The ability to contribute to the Quebec Breast Cancer Foundation with each transaction makes it a feel-good card for socially conscious users. While the rewards rate isn’t the highest, the lack of an annual fee and discounts on partner gift cards add value, making it a decent choice for no-fee cardholders who want to maximize savings on select purchases.





Card Details

Interest Rates


Purchase: 20.99%

Cash Advance: 22.49%

Balance Transfer: 22.49%

Annual Fees


Main Card: $0

Additional Cards: $0

Annual Income


Personal: N/A

Household: N/A

Credit Score Estimate


300
Poor
560
Fair
660
Good
725⁎
Very Good
760⁎
Excellent
⁎Estimates based on Equifax scoring

Card Type


Credit

Reward Type


Our Rating


2.1/5

Institution


National Bank

How You Earn Rewards


  • Support the Quebec Breast Cancer Foundation, and earn cashback
  • Get up to 1% cashback1 on gas, groceries, and online purchases
  • Earn 1 point for every $2 spent
  • Receive $10 cashback for each 1,000 points earned

Annual Rewards Breakdown




Annual Rewards Summary




Point Redemptions

Redemption Method

Net Value (After Annual Fee)




Insurance & Benefits

3 insurance
0 benefits

Insurance

Coverage

  • purchase protection

    Purchase Protection

    90 days
  • extended warranty

    Extended Warranty

    1 year
  • credit card lock

    Mastercard Zero Liability Protection

    yes
  • Benefits

    No additional benefits listed for this card.

    Pros & Cons


    Pros

    • Charitable contributions
    • No annual fee
    • Discounts on gift cards

    Cons

    • Lower reward rates
    • Limited insurance

    Little details that matter


    Length of the welcome promotion

    From October 1, 2024, to November 29, 2024

    • Sign up for a National Bank® Allure® Mastercard® credit card during the promotion as a primary cardholder.
    • Not have held one of our Mastercard credit card for individuals from National Bank over the past 24 months as a primary cardholder. 
    • Keep the credit card account open until rewards points are paid. 
    • Keep the account in good standing by complying with the conditions set out in the credit card agreement until the rewards points are paid. For example, all minimum payments must be made on time.
    • Not be employed by National Bank or one of its subsidiaries.

    Rewards points 

    Points offered

    Conditions

    When points are awarded to the account

    5,000

    $500 in purchases in the first 3 months

    In the 2 months following the end of the purchase calculation period.**

    5,000

    $5,000 in purchases in the first 12 months

    In the 2 months following the end of the purchase calculation period.**

    5,000

    Enrollment in payment insurance* for at least the first 3 months

    In the 2 months following the minimum enrollment period for payment insurance.**

    How the total purchases are calculated

    The calculation is based on the total purchases made with all cards linked to the account. The following transactions are not included in the calculation:

    • Cash advances;
    • Balance transfers;
    • Mastercard cheques;
    • Interest;
    • Non-interest-related fees (e.g., currency conversion fees and insurance premiums);
    • Purchase returns.

    Other conditions

    • You can only take advantage of the promotion once. 
    • Issuance of the card is subject to credit approval by National Bank of Canada. Other conditions apply to the issue of the card.
    • This promotion may not be combined with any other promotion or offer applicable to National Bank credit cards, nor is it retroactive.
    • This promotion may be modified or withdrawn without notice.

    Minimum age

    Age of majority in your province or territory of residence

    Legal status

    Be a Canadian resident


    Allure Mastercard with regular interest rate

    Annual fee for main card2

    $0

    Purchase rate

    20.99%

    Balance transfer and cash advance rate2,3

    22.49%

    Annual fee for additional card2

    $0

    Minimum credit limit9

    $500


    Number of points per dollar spent1

    $2 spent = 1 point

    Cashback1

    $10 for every 1,000 points earned

    Cashback details

    Once a year, a cashback will be automatically credited to your card. See the terms and conditions for cashback details.


    Summary and insurance certificate

    Consult the Summary[PDF] and the Insurance Certificate[PDF]

    Zero Liability7

    Included

    Purchase protection in the event of theft or damage5

    90 days following the purchase date

    Extended warranty6

    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:

    • The primary cardholder’s name will be the one that appears on the credit card contract. This person can decide to add up to three authorized users to their account, as well as remove them at any time. They must meet all the eligibility criteria to apply for a credit card. 
    • An authorized user has their own card and PIN. However, all transactions made by that person are charged to the primary cardholder’s account. An authorized user could be a spouse, a child aged 16 or older, or a friend. The designated person doesn’t need to meet all of the eligibility criteria to access their 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.


    ®ALLURE and NATIONAL BANK are registered trademarks of National Bank of Canada.

    ®Mastercard and Tap and Go are registered trademarks, and the circles design of the logo is a trademark of Mastercard International Incorporated. National Bank is an authorized user.

    TM ID Check and Identity Check are trademarks of Mastercard International Inc. Authorized user: National Bank.

     

    1. The cashback is based on a point-accumulation system. You get 1 point for every $2 you spend using your Allure Mastercard® credit card, providing your account is in good standing. Once a year, in January, you will receive a $10 cashback for every 1,000 points earned. The cashback will be paid as a credit applied to your account and cannot be paid in cash. Your account is considered to be in good standing when you fulfill the obligations under your cardholder agreement (e.g., make the minimum payment by the due date). Interest charges, annual fees, balance transfers, cash advances, service charges, insurance premiums, promotional Mastercard cheques and refunded purchases are not eligible for rewards points. For details, see the Terms and conditions [PDF].

    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 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

    13.2%

    $5.53

    $33.16

    9.2%

    $3.78

    $22.68

    *Variable interest rate in effect on September 1, 2021

    3. Balance transfers and cash advances are subject to credit approval by National Bank. Each balance transfer must be at least $250.

    4. This coverage applies to purchases charged to the National Bank mycredit 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.

    5. These protections apply as long as the purchases or expenses in question are charged to the National Bank Allure Mastercard credit card. Extended warranties apply to most new items purchased with the card, in Canada or abroad, as long as the manufacturer's warranty is in effect and valid in Canada. Certain conditions and restrictions apply. For more information and details concerning your insurance coverage, please consult the insurance certificate attached to your card.

    6. Certain conditions apply to the Zero Liability protection. Visit mastercard.ca for more information. Refer to the credit card terms and conditions.

    7. The 10% discount on gift cards applies to the total amount when purchasing on yourallure.ca. Gift cards are redeemable at participating Allure partners: Amerispa, Banana Republic, Gap, Old Navy and Winners/HomeSense/Marshalls. Choice of gift card amounts: $25, $50 or $100 (as per partner availability). No discount will be given in store upon presentation of the Allure card. Gift cards cannot be replaced if damaged, lost or stolen. The list of Allure partners is subject to change without notice. Gap, Old Navy and Banana Republic gift cards can be used in all Gap, Old Navy and Banana Republic stores in North America. Gift cards are redeemable for in-store items only. If you have any questions about Gap, Old Navy and Banana Republic gift cards, please call 1-800-GAP-STYLE, 1-800-OLD-NAVY and 1-888-BR-STYLE respectively.

    8. National Bank donates $0.10 for every $10 charged to an Allure Mastercard® credit card account over a 12-month period to the Quebec Breast Cancer Foundation. The annual donation is capped at $750,000.


    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.