National Bank · Mastercard
Business card
$50 for a hybrid line of credit and card at prime plus 5%. Maximum financing is $10,000, which is the constraint.
Rates and features verified 2026-08-18Full terms and conditionsHow we research cards
What we like, and what we don’t
Worth having
- Prime plus 5% applies to purchases, balance transfers and cash advances alike
- That is materially below a standard 20.99% business card
- It works as a line of credit and a card in one product
- Aimed at self employed people and small businesses that borrow rather than clear
Watch out for
- Maximum financing is $10,000, too small to be a primary business card
- It earns no rewards at all
- $50 a year for a card that pays nothing back
- The rate is variable and rises with prime, so nothing here is fixed
- National Bank publishes no foreign currency conversion fee for this card
What this card earns
- What we value a point at
- Not published by the issuer
The earning fine print
No rewards programme. A hybrid line of credit and credit card aimed at self-employed workers and SMEs seeking a lower borrowing rate.
What the offer actually requires
No welcome bonus published.
Fees and interest rates
- Annual fee
- $50
- Foreign transaction fee
- Not published by the issuer
- Purchase APR
- Not published by the issuer
Who can get this card
- Personal guarantee required
- No you are personally liable for the balance
What the benefits really mean
Interest is charged at Prime rate + 5% on purchases, balance transfers and cash advances alike. Minimum credit limit $1,000; maximum financing available up to $10,000, subject to credit approval. Fraud compensation plan up to $10,000. Mastercard ID Check. 21-day grace period on purchases paid in full, not applicable to cash advances or balance transfers. No insurance coverages published. NO FIXED APR. National Bank publishes only 'Prime rate + 5%', applied identically to purchases, balance transfers and cash advances. Purchase_apr is recorded as NOT PUBLISHED rather than a computed number. Maximum financing is only $10,000, which makes this unusable as a primary business card for most firms. And it still carries a $50 fee. National Bank publishes no additional card fee, no foreign currency conversion fee and no personal guarantee statement. No insurance coverages at all.
Our verdict
Prime plus 5% on cash advances as well as purchases is the useful part. Most business cards price advances above 22% and start charging the same day, so a business that occasionally needs cash keeps meaningfully more here.
The $10,000 ceiling is what stops it being a serious option. That is not enough working capital for most businesses, so this ends up as a second card rather than a main one, and $50 a year for a second card that earns nothing is a hard sell. TD's Business Select Rate card does the same job at 11.99% with no annual fee.
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Where this came from. nbc.ca/business/credit-cards.html (lineup, $50 fee, Prime + 5% on all balance types); nbc.ca/en/business/credit-cards/mastercard-line-credit.html (credit limits, fraud protection, grace period). Verified 18 Aug 2026.. We take every figure from the issuer’s own pages, never from another comparison site, and we leave a field blank rather than guess at it.