Business
National Bank Corporate Mastercard
National Bank of Canada
Annual Fee
$35
Purchase APR
19.15%
Cash Adv. APR
9.90%
RateBuddy Verdict
The Good
- Offers unmatched flexibility with physical, virtual, and single-use card options tailored to different departments.
- The 9.9% interest rate on cash advances and balance transfers is industry-leading for corporate credit tools.
- Sophisticated spend controls allow administrators to restrict usage by specific merchant categories and transaction counts.
The Trade-offs
- Requires a minimum of $2 million in annual business sales, making it inaccessible for smaller SMEs and startups.
- Does not offer a rewards or cashback program, focusing solely on administrative efficiency and low rates.
Rewards & Earnings
Base Rate 0.00%
Rewards Summary: No standard rewards; Enterprise-level utility card focused on accounts payable automation, granular spend controls, and ERP integration.
- All Purchases: No rewards points or cashback earned
Welcome Bonus Details
Features & Benefits
Car Rental Collision/Loss Damage Waiver
Included (Collision/Damage)
Expense Management Tools
Full Smart Data ERP integration and granular MCC controls
Employee Cards
$35 per additional employee card
Additional Perks
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Insurance Coverage
Travel Insurance
Varies by corporate selection (Consult insurance certificate)
Vehicle Rental Insurance
Collision and damage coverage included
Fraud Compensation Plan
Up to $100,000 per account per 12-month period for authorized cardholder fraud
Zero Liability
Standard protection against unauthorized use
Rates & Fees Details
| Purchase APR | 19.15% |
|---|---|
| Cash Advance APR | 9.90% |
| Annual Fee | $35 |
| Supplementary Card | $35.00 |
| Income Required | No specific requirement listed. |