National Bank mycredit Mastercard
Skip for nowWhat the roles mean
- A no-fee, no-income-minimum Mastercard: 1% cash back on restaurants and recurring bills
No welcome bonus.
Checked on National Bank's own page October 21, 2026. See National Bank's page
What it earns in a year
$183 back a year
No annual fee to take off.
Based on $30,000 a year of spending ($9,600 groceries, $3,000 gas, $3,000 dining…). Welcome offer not included.
Try it with your own spending →
- Dining & restaurants: 1% back.
- Bills & subscriptions: 1% back.
- Everything else: 0.5% back.
Highlighted = use this card here.
How to apply for the National Bank mycredit Mastercard
- Check you qualify No minimum income listed. You need to live in Canada and be the age of majority in your province.
- Have this ready Your address and how long you've lived there, your employer and yearly income, and your monthly rent or mortgage. Your SIN is optional for a credit card; you can leave it blank.
- Expect a credit check Applying adds a hard inquiry to your credit report, which lowers your score a little for a few months. Space applications about 90 days apart.
- Apply on National Bank's own site Apply online from the bank's product page. This isn't an affiliate link: we earn nothing if you apply.Apply on National Bank's site →
How to use it
- Restaurants: 1%
- Recurring bills charged automatically: 1% (phone, internet, subscriptions, insurance)
- Everything else: use another card. This one pays 0.5%
- Phone: buy it or pay it monthly on this card to get the $1,000 phone insurance
- Example: $800/month groceries + $250 dining + $250 gas + $300 bills = $129 a year
Key facts
- Annual fee
- $0
- Purchase interest
- 20.99%
- Foreign currency fee
- 2.5%
- Min. personal income
- None published
- Min. household income
- None published
- Rewards
- Cash back
Annual fee waiver
- No annual fee
From nbc.ca mycredit page, checked October 17, 2026. Not an affiliate link.
More National Bank cards
Neo World Elite Mastercard
- This card: dining & restaurants
- Neo World Elite Mastercard: groceries, gas / ev, bills & subscriptions, travel, transit, drugstore / pharmacy, entertainment, everything else
- Together: $703 a year after both fees, vs $183 with this card alone
If your stores take Amex: Scotiabank Gold Amex for groceries, gas / ev, dining & restaurants, travel, transit, drugstore / pharmacy, entertainment, everything else makes it $888 a year. Costco and Loblaw-banner grocers don't take Amex.
Computed on our standard household ($30,000 a year): each kind of spending goes to whichever card pays more, both fees taken off. Partners are everyday, category and churning cards on Visa or Mastercard. Points at their simplest redemption. Welcome offers not included.
Pros
- No annual fee, and $0 for additional cards
- No minimum income
- Cash back applied to your balance every statement, nothing to redeem
- $1,000 phone insurance, unusual on a no-fee card
Cons
- 0.5% on groceries, gas and everything else
- Only 1% even in its bonus categories
- No welcome offer
- No travel insurance
- 2.5% on foreign-currency purchases
Insurance included
- Phone: $1,000 for loss, theft or damage, up to 2 years after purchase
- Purchases: 90 days of theft/damage cover, warranty doubled (up to 1 extra year)
Maximums as National Bank lists them. Conditions apply; the insurance certificate decides claims.
Perks
- Automatic cash back: credited to the balance each month, no minimum
- No catches on keeping it: no inactivity fee, no minimum spend
Other cards for dining & restaurants
Back a year on $3,000 of dining & restaurants, caps included. Points at best-case value. Before annual fees.
| Card | Earns on dining & restaurants | Back a year | Annual fee | Terms checked |
|---|---|---|---|---|
| Amex Cobalt | 5× points≈ 10.0% in value | $300 | $192 | October 21, 2026 |
| Scotiabank Gold Amex | 5× points | $150 | $120 | November 2, 2026 |
| National Bank World Elite Mastercard | 5× points | $150 | $150 | October 21, 2026 |
| Simplii Cash Back Visa | 4% back | $120 | $0 | October 21, 2026 |
| RBC British Airways Visa Infinite | 2× points≈ 4.0% in value | $120 | $165 | October 23, 2026 |
| Desjardins Odyssey Visa Infinite Privilege | 4% back | $120 | $395 | October 21, 2026 |
| National Bank mycredit Mastercard | 1% back | $30 | $0 | October 21, 2026 |
Other cards for bills & subscriptions
Back a year on $3,600 of bills & subscriptions, caps included. Points at best-case value. Before annual fees.
| Card | Earns on bills & subscriptions | Back a year | Annual fee | Terms checked |
|---|---|---|---|---|
| Scotia Momentum Visa Infinite | 4% back | $144 | $120 | November 2, 2026 |
| Neo World Elite Mastercard | 4% back | $144 | $149 | October 21, 2026 |
| Rogers Red World Elite | 2% back≈ 3.0% in value | $108 | $0 | October 21, 2026 |
| TD Cash Back Visa Infinite | 3% back | $108 | $139 | October 21, 2026 |
| Rogers Red World Legend | 2% back≈ 3.0% in value | $108 | $495 | October 23, 2026 |
| Marriott Bonvoy American Express | 2× points≈ 2.8% in value | $101 | $120 | October 21, 2026 |
| National Bank mycredit Mastercard | 1% back | $36 | $0 | October 21, 2026 |
How the offer has changed
One row per check of National Bank's page, newest first. Old rows are never edited.
| Checked | Welcome offer | Fee, year one | Ends |
|---|---|---|---|
| October 21, 2026 | NoneUnchanged | $0 | none stated |
| October 17, 2026 | NoneUnchanged | $0 | none stated |
General information, not financial advice. Offers change; confirm on National Bank's page before you apply.