National Bank MC1 MasterCard® Review
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Recommended Credit Score:
670 900
Average to Excellent
Welcome Bonus Value
Annual Fee
Purchase Interest Rate
Min Personal Required
National Bank MC1 MasterCard®
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My Rate Compass Rating: star star star_half star_outline star_outline (2.9)
Bank Name:National Bank
Network Type:Mastercard
National Bank MC1 MasterCard®
Welcome Bonus
Annual Fee
National Bank MC1 MasterCard®
Card Details

The National Bank MC1 Mastercard credit card is a payment solution for all your expenses.

  • Enjoy a simple, efficient and practical payment solution
  • Access funds anywhere in the world
  • Control your spending by setting your credit limit to $500
  • Protect your purchases with an insurance program you can count on: Protect yourself against unauthorized purchases thanks to the Mastercard Zero Liability program.
  • Priority airport services No
  • Airport lounge access No
  • Concierge service No
  • Balance protection(Optional) No
  • Purchase Security & Extended Protection Insurance Yes
  • Flight delay insurance,Baggage Insurance No
  • Vehicle rental insurance No
  • Travel accident insurance No
  • Travel medical insurance No
Fees and Eligibility
  • Annual Fee: $0
  • Additional Card Fee: $0
  • Purchases Interest Rate: 19.99%
  • Cash Advance Interest Rate: 22.49%
  • You're a Canadian resident
  • You've reached the age of majority in your province or territory
Recommended Credit Score:
670 900
Average to Excellent
Our Rating
My Rate Compass Rating: star star star_half star_outline star_outline (2.9)
Rating Methodology: My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category. Credit card rating methodology
Editorial Guidelines: Learn more about our editorial guidelines here.
Pros and Cons

Purchase protection

Protect your new purchases from loss, theft or damage for up to 90 days after the date of purchase.


Extended warranty

Get up to double the manufacturer's warranty for most items purchased using your credit card.


Secure online purchases

Mastercard® ID CheckTM is a service that protects you against fraud by verifying your identity when making online purchases.


Fraud protection

Benefit from Mastercard's Zero Liability policy—you won't be liable for unauthorized transactions completed with your card.


Urban experiences

Enjoy unique experiences with Priceless Cities®. Get room upgrades, exclusive menus and many other surprises.

Editor's Review

National Bank MC1 Mastercard Review


The MC1 Mastercard is designed for individuals who want a simple credit card to pay their bills. There aren’t any special programs or offers associated with this credit card, but the annual fee is $0. Check out the other features below.

Key Features and Benefits

  • No annual fee and standard interest rates
  • Purchase protection, fraud protection and extended warranty coverage included
  • Access to Mastercard Priceless Cities, a special travel experience program


  • No annual fee
  • National Bank is rated as one of the best banks for customer service support


  • No special rewards programs or offers, this is a basic or starter credit card


If you’re looking for a simple credit card with no frill or special features, this is the credit card for you. It a great option for student or anyone looking into building or establishing their credit history.
Credit card users who are interested in rewards programs or other special perks should consider other options.

Legal notes :

® MC1 is a registered trademark of Mastercard International Incorporated. Authorized user: National Bank.

®Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Authorized user: National Bank

Author Bio

Mohamed Konate

Mohamed Konate is a personal finance expert, blogger, and marketing consultant based in Toronto. He is a former financial services professional who worked at major Canadian financial institutions for many years. He managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor's in Business Administration from the University of Quebec (Montreal) and a Master's in International Business from the University of Sherbrooke (Quebec). He is also the author of the Canadian Credit Card Guidebook.


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