No Annual Fee
Business
National Bank Business Mastercard
National Bank of Canada
Annual Fee
$0
Purchase APR
20.99%
Cash Advance
22.99%
RateBuddy Verdict
The Good
- Excellent value for small teams with $0 annual fees for both the primary cardholder and all employees.
- The $10,000 employee fraud protection plan provides peace of mind for business owners when issuing cards to staff.
- Offers a unique flexibility to "upgrade" to a lower interest rate (14.5%) for a small $30 fee if your business carries a balance.
The Trade-offs
- Does not earn any rewards, cashback, or points on business expenses.
- Lacks comprehensive business insurance coverage like trip cancellation or car rental insurance.
Rewards & Earnings
Base Rate
0%
Rewards Summary:
No rewards; This is a business utility card focused on expense management, fraud protection, and optional low-interest pricing.
Welcome Bonus Details
No welcome bonus details are currently listed for this card.
Features & Benefits
No Annual Fee
No annual fee ($30 for reduced rate option)
Expense Management Tools
Employee spend limits and online management tools
Employee Cards
Add employee cards for $0/year
Insurance Coverage
Fraud Protection: Up to $10,000 coverage against unauthorized employee use. Standard purchase protections apply via Mastercard network.
Rates, Fees & Eligibility
| Purchase APR | 20.99% |
|---|---|
| Cash Advance APR | 22.99% |
| Annual Fee | $0 |
| Supplementary Card Fee | $0 |
| Grace Period | 21 days |
| Income Required | No specific requirement listed. |
| Recommended Credit Score | — |
User Reviews
Read community feedback or share your own experience with this card.
Help other RateBuddy visitors compare real cardholder experiences.
Reviews are moderated before publication. Avoid sharing account numbers, SIN, passwords, or private financial details.
Be the first to review
No public user reviews yet. Share your experience to help others compare this card.
Filed Under
No Annual Fee
Business
View Offer
Secure provider site