National Bank Platinum Mastercard

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The National Bank Platinum Mastercard earns ร€ la Carte Rewards and gives cardholders the opportunity to earn 2x ร€ la Carte points on grocery purchases.

Rewards Rates

The National Bank Platinum Mastercard earns ร€ la carte rewards points for all purchases made on the card:

  • Groceries and restaurants:
    • 2 ร€ la carte rewards points per dollar spent when the total gross monthly amount charged to the credit card, regardless of the category, is between $0 and $1,000
    • 1.5 ร€ la carte rewards points per dollar spent when the total gross monthly amount charged to the credit card, regardless of the category, is over $1,000
  • 1.5 ร€ la carte rewards points per dollar spent on Gas and electric vehicle charging purchases, recurring bill payments, and ร€ la carte Travel Agency purchases.
  • 1 ร€ la carte rewards point per $1.50 spent on all other eligible purchases.

Redeeming ร€ la Carte Rewards Points

ร€ la Carte Rewards points are a flexible currency that can be redeemed for travel purchases (either made with National Bank or booked on your own), statement credits, contributing to an investment account, gift cards, and merchandise.

The best value for your ร€ la carte rewards points is to redeem them against travel purchases made through the ร€ la carte rewards travel agency. A close second is to redeem them against travel you have booked on your own.

Click to learn everything about the ร€ la Carte Rewards program.

Insurance Coverage

The National Bank Platinum card offers ten types of insurance coverage:

  • Trip cancellation insurance
  • Trip interruption insurance
  • Out-of-province medical and hospital coverage
  • Flight delay coverage
  • Delayed baggage insurance
  • Theft or loss of baggage coverage
  • Car rental insurance
  • Purchase protection
  • Extended warranty coverage
  • Mobile device insurance

Refer to the National Bank Platinum card insurance certificate for additional details, including terms and conditions for eligibility.

Other A la Carte Rewards Cards You Might Consider

Credit Card Welcome Bonus Net Value
National Bank World Mastercard 0 ร€ la carte Rewards $-115 Apply
National Bank World Elite Mastercard 0 ร€ la carte Rewards $-150 Apply

Legal

Credit Terms

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 
12.90%  $5.30  $31.81 
8.9%  $3.66  $21.95 

*Variable interest rate in effect on September 1, 2021 

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

Details of eligible rewards points

Certain restrictions apply. For more information, consult the Rewards plan section or the Plan rules regarding how to earn points.

The amount of points earned on grocery and restaurant purchases depends on the total gross monthly amount charged to the credit card account, regardless of the purchase category. You will earn 2 points for every dollar in eligible grocery and restaurant purchases until a total of $1,000 in gross monthly purchases is charged to the account. After that, you will earn 1.5 points per dollar in eligible grocery and restaurant purchases. The total gross monthly amount is calculated based on your monthly billing period. Grocery purchases include any purchase made at a store that primarily sells food, i.e., grocery store, delicatessen, supermarket, greengrocer or speciality food store. Ready-to-eat meal services and meal delivery services are eligible. This definition excludes purchases made at retail stores and big box stores whose core business is the sale of non-food items. Certain merchants may sell products and services that appear identical or similar to those sold by eligible merchants, or may be separate merchants located on the same premises as eligible merchants, but are classified in different categories by Mastercard. For purchases at other merchants, you will only earn regular rewards points. Restaurant purchases include purchases at a restaurant, fast food restaurant, bar, nightclub or pub. For a full list of Mastercard codes associated with eligible merchants, download the terms and conditions of the ร€ la carte Rewards Planยฎ.

To earn 1.5 points per dollar in purchases, you will need to purchase gas or an electrical vehicle charge from a service station or from certain big box stores. Certain merchants may sell products and services that appear identical or similar to those sold by eligible merchants, or may be separate merchants located on the same premises as eligible merchants, but are classified in different categories by Mastercard. For purchases at other merchants, you will only earn regular rewards points. For a full list of Mastercard codes associated with eligible merchants, download the terms and conditions of the ร€ la carte Rewards Planยฎ.

Recurring bill payments are defined as monthly or regular payments automatically charged by a merchant to your National Bank Platinum Mastercard credit card. Not all merchants offer recurring bill payments, and not all recurring payments are considered recurring bill payments. Certain payments therefore may not entitle you to earn more points.

To earn 1.5 points per dollar in purchases, you must make your eligible purchases via the ร€ la carte TravelTM Agency section of our ร€ la carte RewardsTM site.

For example, if each month you charge $400 in groceries, $200 in gas, $100 in recurring bill payments and $150 in other purchases to your card, your $850 in purchases will earn you 1,350 points, as follows: 800 points for grocery purchases (since the total gross monthly amount is $850, i.e., under $1,000), 300 points for gas purchases, 150 points for recurring bill payments and 100 points for other purchases.

Travel and health insurance conditions

This coverage applies to purchases and rentals charged in part to the card, except out-of-province medical/hospital insurance for which the travel arrangements need not be charged to the card, and lost or delayed luggage insurance where all transportation costs must be charged to the card. This coverage applies to the primary cardholder, their spouse and/or dependent children when they (spouse and/or dependent children) travel with the primary cardholder. 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.

Mobile device protection

The device must have been purchased using your National Bank Platinum Mastercard credit card, or your phone plan must be paid via recurring payments charged to your National Bank Platinum credit card starting September 1, 2022. For complete terms and conditions, please consult the insurance certificate associated with your card.

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