mycredit Mastercard

Duration of the promotion

June 1 to September 17, 2023.  

Card eligible for the promotion

National Bank mycredit^TM Mastercard^® credit card. 

Promotional benefits

• $75 cashback after signing up for the eligible credit card and making the minimum required purchases. 
• $60 cashback after enrolling in the Credit Card Payment Protection Plan for at least 3 months. 

Conditions of the promotion

You must sign up for the eligible card no later than September 17, 2023.  

In addition, you cannot be the primary cardholder of a National Bank Mastercard^® (Personal Banking) or have been over the previous 24 months. The account must be open and in good standing at the time the cashback is applied to the credit card account. 

The following additional conditions apply to each promotional benefit: 

• Welcome offer cashback rewards

You can get a $75 cashback if you charge $400 or more in net purchases per month on the credit card during the first 3 months after the account was opened. 

Calculation of net purchases begins when the account is opened and continues for three consecutive months. If the conditions are met, $75 in cashback will be credited to the credit card account in a single disbursement no later than on the 5th statement after the account was opened. 

• Cashback when you sign up for credit card payment insurance  

You will earn $60 if you sign up for the Credit Card Payment Protection Plan for a minimum of 3 months. To obtain the cashback reward, complete the sections to apply for the Credit Card Payment Protection Plan (CCPPP) in the credit card application.   

Your cashback will be credited to your credit card account in a single disbursement and appear on your statement no later than on the 5th statement after the account was opened. 

Cashback conditions  

Net purchases: The net purchase total is the amount of purchases charged to the account minus any returned items and refunds. Annual fees, balance transfers, cash advances (including transactions that can be directly converted to cash, such as money orders, bank transfers, traveller’s cheques and gaming transactions), interest charges and any other fees or adjustments not considered purchases are not included in the calculation of net purchases. 

Account in good standing: An account related to the credit card and not contravening in any way the Agreement governing the use of the credit card and on which no restrictions are applied. 

Cashback limit: There’s a limit of one cashback reward per account and per client for the welcome offer reward, and one cashback reward for signing up for the Credit Card Payment Protection Plan throughout the promotion regardless of how many cards are associated with the account. 

Other conditions

• Issuance of the card is subject to credit approval by National Bank of Canada. Certain conditions apply to the issue of the card. 
• The promotion may not be combined with any other promotion applicable to National Bank credit cards, nor is it retroactive. 
• You must not be employed by us or by an entity in our group. 
• The promotion may be modified or withdrawn without notice. 

®MASTERCARD is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. National Bank is an authorized user. 

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

TM mycredit is a trademark of National Bank of Canada.

To learn about how we protect your information, consult our Confidentiality Policies.

mycredit:

National Bank's Mastercard^® mycredit^® credit card won the 2022 Milesopedia Award for Best Credit Card in Canada for Newcomers. The ranking is based on an analysis of nearly 200 credit cards offered to Canadians based on their overall features and cardholder opinions on their experiences with these products. 

*National Bank of Canada received the highest CX Index™ score among credit card issuers in Canada in Forrester’s proprietary 2021 CX Index™ survey. The ranking was based on responses from 8,840 measuring 12 brands. The proprietary survey results are based on consumers’ opinions of the experiences with the brands in the survey. Forrester Research does not endorse any company included in any CX Index™ report and does not advise any person to select the products or services of any particular company based on the ratings included in such reports.

1. Subject to credit approval by National Bank of Canada.  The cashback granted is 1% on restaurant purchases and on recurring pre-authorized payments when you use recurring automatic transfers with your mycredit account. The cashback of 0.5% applies to all other eligible purchases during a billing cycle. The account must be in good standing when the cashback is awarded. Your account is in good standing when you comply with the obligations of your cardholder agreement (e.g., making your minimum payment by the due date). These eligible automatic transfers are defined as regular payments that are automatically withdrawn by a merchant on your credit card. Balance transfers, cash advances and fees resulting from the use of the card are excluded from the cashback calculation. For conditions and restrictions that apply to cashback rewards, refer to the Cashback Program [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.

Examples of credit charges

Example of credit charges over a 30-day period:

3. Subject to credit approval by National Bank. Each balance transfer must be at least $250.

4. Subject to the mobile device’s purchase with the card or mobile plan settled by recurring pre-authorized payments from your mycredit account.

5. 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.

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

7. Subject to credit approval by National Bank.

8.Some merchants may not be eligible.

®MASTERCARD AND TAP & GO are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated. Authorized user: National Bank.

®MYCREDIT is a trademark of National Bank of Canada.

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

TM CX Index and Forrester are trademarks of Forrester Research inc