Pros & cons
Pros
- No annual fee.
Cons
- No rewards on purchases.
- Limited insurance included.
Your rewards
How you earn rewards
This card does not earn rewards on purchases.
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Details and eligibility
- Estimated Credit Score
- 760 - 900
- Personal Income
- N/A
- Household Income
- N/A
- Annual Fee
- $0.00
- Extra Card Fee
- $0
- Card type
- Credit
- Purchase
- 20.99%
- Cash Advance
- 22.49%
- Balance Transfer
- 22.49%
Insurance coverage
- Extended Warranty
- 1 year
- Purchase Protection
- 90 days
Please review your insurance certificate for details, exclusions and limitations of your coverage, terms and conditions apply.
Learn more about the value of credit card insurance coverage.
Genius Rating
National Bank MC1 Mastercard's 2.8 Genius Rating is based on the weighted average of the following scores:
Methodology
All scores are produced by our math-based rating algorithm that takes into account over 126 credit card features.
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Our review
If you're looking for a "starter" credit card, the National Bank MC1 Mastercard is one that lets cardholders build up their credit history while offering security and peace of mind.
Build your credit history – not just for students
Although the National Bank MC1 Mastercard is sometimes seen as a student credit card, you don't need to be a student to apply for it.
Instead, this card is perfect if you're looking to:
- get your first credit card,
- build your credit history, or
- add a basic no fee card to your wallet.
The perks of owning a credit card
Credit cards are a secure and effective mode of payment, and the National Bank MC1 Mastercard will add to this security by covering your purchases with purchases insurance.
That's right. Not only will this credit card double the manufacturer’s warranty for up to an extra year, but it will also give you 90 days of purchase protection.
Your MC1 Mastercard will also give you access to one-of-a-kind Mastercard Priceless Cities experiences in the cities you live and travel like:
- Montreal,
- Toronto,
- Paris,
- Miami, and
- New York.
Plus, this card has no annual fee and you can also add secondary cardholders for free.
Not sure this card is for you?
As a starter credit card, the National Bank MC1 Mastercard won't give you any credit card rewards. If you’re looking for a no fee National Bank card that does, you should check out the
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Key benefits
®ECHO, ALLURE, EDITION and À LA CARTE REWARDS PLAN, are registered trademarks of National Bank.
®ULTRAMAR is a registered trademark of Valero, used under licence.
® WORLD MASTERCARD and WORLD ELITE are registered trademarks of Mastercard International Inc. Authorized user: National Bank.
® Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
User reviews
Reviewed by 4 Canadians
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Love it, its my first ever unsecured credit card, i make my payments and its perfect
i was home invaded and then fraud via loan several years ago. i cancelled every account and ID and noted i would not be applying for 2 years and deny every application until. I have been dealing with ONLY cash with self employment, no matter the amount , rent at 2550/mo for 2 years. i payout everything in full amount from my 2 vehicles - my 5 children's tuition fees, cars and mac books . i have recently accessed my reports from tran and eq and updated my Name from being married and address. there is no debt , bankruptcies... 1 current cellular 2yrs in good standing. No credit history due to my fear of fraud. they have not produced a score due to no recent activity. clearly i can afford to live without debt, but i would like to now build credit for future emergency reason and as my kids say....cash is out ,mom, you cant carry 2K in cash with u everywhere u go. lol . Suggestions? i just got approved this m1 mastercard last week
Good card for building credit. Not much going for it otherwise
Very good card but no rewards ; this is the big problem!






































