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Mr. Loonie
National Bank Platinum Mastercard Business Card

National Bank Platinum Mastercard Business Card

Best for: Business owners who want points on spending and travel booked through the bank

Your spending a month
What’s in each?
Solo:
Office supplies $100, shipping $50, phone and internet $150, software $150, online ads $200, gas $250, restaurants $200, travel $250, everything else (base rate) $1,050, foreign currency $100
Small team:
Office supplies $250, shipping $200, phone and internet $300, software $400, online ads $600, gas $500, restaurants $400, travel $400, everything else (base rate) $2,650, foreign currency $300
Growing:
Office supplies $500, shipping $600, phone and internet $600, software $1,000, online ads $2,000, gas $1,000, restaurants $800, travel $1,200, everything else (base rate) $6,300, foreign currency $1,000
Every year
$1,032

Ranked #16 of 27 business cards for year one. See the list

See how we worked it out
Annual fee
$125 a year
Apply now on National Bank’s site (opens in a new tab)
We may get paid if you apply through this link. It never changes our score.

Have this card?

Details from National Bank’s site. Banks can update terms at any time, so give them a quick look before you apply. Source

Is it for me? What you’d earn Can I get it? Fees Similar cards
2 quick questions

Is it for me?

Do you spend $400 or more a month on travel?

Do you pay your card off in full most months?

Answer the 2 questions to see if it fits.

From the numbers

The good and the bad

Stands out

  • Good: 3 points per $1 on travel At our value for these points, that’s about 2.7% back.

Watch for

  • Watch for: $125 a year You need about $400 a month on travel to earn it back.
  • Watch for: 2.5% on foreign purchases Use a no foreign fee card when you travel.

Worked out from the card’s rates and fees.

Show your work

What you’d earn

With small team spending of $6,000 a month.

A la carte points valued at 0.9¢ each.

  • Office supplies $41
    1.5 points per $1 · 1.4% back $250 a month · 4,500 a la carte points a year
  • Shipping $32
    1.5 points per $1 · 1.4% back $200 a month · 3,600 a la carte points a year
  • Phone and internet $49
    1.5 points per $1 · 1.4% back $300 a month · 5,400 a la carte points a year
  • Software $65
    1.5 points per $1 · 1.4% back $400 a month · 7,200 a la carte points a year
  • Online ads $97
    1.5 points per $1 · 1.4% back $600 a month · 10,800 a la carte points a year
  • Gas $81
    1.5 points per $1 · 1.4% back $500 a month · 9,000 a la carte points a year
  • Restaurants $65
    1.5 points per $1 · 1.4% back $400 a month · 7,200 a la carte points a year
  • Travel $130
    3 points per $1 · 2.7% back $400 a month · 14,400 a la carte points a year
  • Everything else $429
    1.5 points per $1 · 1.4% back $2,650 a month · 47,700 a la carte points a year
  • Foreign currency $49
    1.5 points per $1 · 1.4% back $300 a month · 5,400 a la carte points a year
For you Year one Later years
Points you earn115,200 a la carte points a year, at 0.9¢ each $1,037 $1,037
Annual fee −$125 −$125
Foreign currency fee2.5% on $3,600 a year −$90 −$90
Rental car damage cover2 rentals of 3 days at $35 a day $210 $210
Total $1,032 $1,032

Rows are rounded to the dollar. Insurance counts at what the same cover costs on its own, and only pays when you charge the trip, rental or phone to the card.

What counts in each category
Travel
3 points per $1 Booked through the À la carte Travel agency
Everything else (base rate)
1.5 points per $1

Get up to 2.5 % off at Ultramar, up to $250 per year.

How a la carte points work, and why 0.9¢

We count a la carte points at 0.9¢ each, a typical value when you use them well. Depending on how you use them, they’re usually worth 0.4¢ to 1¢.

We set one value per points program and use it on every card in that program, so you can compare points cards and cash back cards on the same scale.

These are example budgets to compare cards side by side, not averages. Your own spending will give a different number.

Checked on Nov 8, 2026. Source

Before you apply

Can I get it?

  • Age 18 or older 19 or older in BC, NB, NL, NS and the territories
  • Where you live Canada
  • Credit score No minimum on record Most banks don’t publish one, and we don’t guess.

Mr. Loonie’s tip Each application shows up on your credit file. Leave a few months between card applications.

What cardholders say

Ratings from people with this card

No ratings yet. If you have this card, tell others what it’s like.

Applied and weren’t approved?

Insurance and perks

What comes with it

  • Car rental damage Included
  • Extended warranty Included
  • Purchase protection Included
  • Travel accident Included
  • Flight delay Included
  • Lost baggage Included
  • Baggage delay Included
  • Flight Delay Insurance
  • Baggage Loss Insurance
  • Baggage Delay Insurance
Coverage limits

We haven’t recorded the coverage limits for this card yet. Read National Bank’s insurance certificate before you count on any coverage.

Not included

Not listed for this card: travel medical, trip cancellation, trip interruption and mobile device.

Fees and interest

What it costs

Annual fee
$125 a year
Purchase interest
20.99%
Cash advance interest
22.99%
Foreign currency fee
2.5%
All fees and rates

Fees

Extra cards
$50
Cash advance fee
$3.50, $5.00 fee for cash advances outside of Canada.
Balance transfer fee
1%, If transfer is requested when credit card account is opened, otherwise 3%.
Over-limit fee
None
Late payment fee
None
Source
Issuer page

Interest rates

Balance transfer interest
22.99%
Source
Issuer page

Read the card terms and conditions for the full terms.

Checked on Nov 8, 2026. Source

Before you decide

Similar cards for the same spending

With small team spending. This card: $1,032 year one, $1,032 every year after.

See all cards ranked for your spending

Some of these links pay us when you apply, at no extra cost to you. Most don’t, and pay never changes our score. How we make money

Common questions

Questions people ask

What is the annual fee on the National Bank Platinum Mastercard Business Card?

$125 a year. Each extra card costs $50.

Does it charge a foreign transaction fee?

Yes, 2.5% on purchases in other currencies.

What is the interest rate?

20.99% on purchases. Cash advances are 22.99%.

Does it include insurance?

It lists extended warranty, purchase protection, flight delay insurance and baggage loss insurance. Read the insurance certificate for the limits.

Rates, fees and offers come from the card issuers and change often. We work to keep this page accurate and current, but it may contain mistakes, so always check the issuer’s terms before you apply. This page is general information and isn’t financial advice.

Spot something wrong? We’ll check it with the bank. Suggest a correction

Card names, logos and trademarks belong to their owners. No issuer wrote, paid for or approved what we say about this card. Our scores and opinions are our own.

Mr. Loonie is independent and supported by affiliate links. We may earn a commission when you apply through some links, at no cost to you. How we make money

$1,032
a year for you
Apply now on National Bank’s site (opens in a new tab)
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