National Bank Corporate Mastercard

Pros & Cons

Pros

—

Cons

No purchase protection

Our Review

The National Bank Corporate Mastercard® is built first to simplify your accounts payable and your team’s spending. It is not a rewards card: National Bank’s page mentions neither a points program nor a welcome offer.

At a glance:

$35 annual fee, plus $35 per year for each additional card
19.15% interest rate on purchases
9.9% rate shown by National Bank on balance transfers and cash advances

The card comes in several formats to fit your needs: an individual Shopping and travel card, a driver card and a vehicle card for fleets, a physical departmental card, and a virtual card that generates a unique number for every transaction.

You stay in control with restrictions set card by card: merchant group or category, specific merchant, transaction amount, daily, weekly or monthly credit limit, number of transactions, and days and times of use. The Mastercard® Smart Data® app exports your data to your accounting system (G/L codes, receipt management, expense reports), and the Client centre corporate card lets you manage cards online.

If you would rather earn points, National Bank points businesses to its Platinum Business Mastercard.

Fees and interest rates

Annual Fee
$35
Additional card fee
$35
Purchase Rate
19.15%
Balance transfer rate
9.9%
Cash advance rate
9.9%

Terms & Conditions

Card Features

$35 annual fee*.
Additional cards for your employees at $35 per year*.
Several formats: individual Shopping and travel card, driver card, vehicle card, departmental card and virtual card*.
Card-level usage controls and detailed management reports*.