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National Bank Platinum MasterCard credit card reviews


National Bank Platinum MasterCard credit card details and credit card application link.

The National Bank Platinum MasterCard offers attractive benefits and flexibility combined with the luxury of the Platinum brand. This is an excellent choice for those who travel often because it allows them to travel without any restrictions and offers extensive insurance. What is more, the Platinum also comes with a generous rewards plan.

The annual interest rate is 19.5 percent, and the annual fee stands at $125 per year, with no fee on supplementary cards, which can be issued to your spouse or other relatives. As an added benefit, rewards points are accumulated on their cards as well. You get 1.5 points for every dollar you spend. The minimum credit limit is around one thousand Canadian dollars. The amount will be set depending on your particular situation, based on your credit file. You earn points every time you use the card; so, they keep piling up. You get returns and can choose from over 250 special rewards.

Holders of the National Bank Platinum MasterCard can use the services of a travel agency of their choice, travel whenever they like and with their preferred air carrier. Clients enjoy the benefit of seat sales and discounts; redeem their points for all services featured by the travel agency or airline and use points as a substitute for cash. If you spend 11,000 points on a travel package, you get a travel discount of $100. If the amount is 50,000, the discount becomes $500. For any amount over 50,000, all additional 10,000 points guarantee savings of $100.

Under the National Bank Platinum’s comprehensive insurance and assistance program, you can get as much as $5,000,000 in out-of-province medical and/ or hospital insurance. The specific trip coverage period is based on the client’s age. It works like this. Clients aged 54 and under are guaranteed coverage for a maximum period of 60 days. Clients between 55 and 64 years of age get coverage for up to 31 days. Clients between 65 and 74 get coverage for 15. The coverage applies to the card holder, his/ her spouse, and young children. Trips exceeding the number of days specified are not covered by medical insurance.

Additional benefits include flight delay insurance for flight delays of 4 hours or more (up to $500 per passenger), trip interruption insurance up to $5,000 per person, and baggage insurance up to $1,000 per person in case of theft, break-in, loss, or vandalism. If your checked baggage arrives more than 6 hours late, the sum covered is up to $500 per person.

As an alternative option, you can look at the Visa Platinum Avion by the RBC Royal Bank. Points earned on this card can be redeemed for flights on all airlines, with no restrictions on seat capacity. As an alternative, points may be redeemed for car rentals, packaged holidays, rail travel, hotel bookings, tours, and cruises. Card holders get one bonus point for every $1 spent on the credit card. This financial product is featured with no blackout periods, annual fee of $120, and interest rate of 19.99 percent. Additional cards are issued for a fee of $50, and the minimum credit limit stands at $1000. Among the additional services are Travel Accident Insurance, Emergency Purchase Insurance, Hotel/ Motel Burglary Insurance, Flight Delay Insurance, extended warranty protection, and others.


Credit Card Details
NameNational Bank Platinum MasterCard Apply Now
TypeMasterCard
Interest Rate19.5%
Annual Fee$125
RewardsYes
Cash BackNo
AirlineNo
StudentNo
SecureNo
PrepaidNo
StoreNo
BusinessNo
Low InterestNo
Auto and GasNo
Instant ApprovalNo
Balance TransferNo
US DollarNo
No Annual FeeNo