1% on everything, rising to 1.5% on groceries, gas and online purchases. The extra 0.5% applies only to the first $25,000 of TOTAL eligible spending on the account each year, not the first $25,000 in those categories, so dining and travel spending eats into the same allowance. National Bank's own footnote contradicts itself on this point, saying "the first $25,000 of eligible gas, grocery and online purchases" in one sentence and "the total of your annual eligible purchases" in the next; the programme rules PDF uses the total-spend wording, which is what we have recorded. Past the threshold everything earns 1%. The bank never says whether the year is the calendar year or your anniversary. Excluded from the 0.5%: travel, transit, subscriptions, automatic bill payments, and groceries bought at pharmacies or big-box stores.

No welcome offer is published for this card. No travel insurance, no mobile device coverage, no rental car coverage. Purchase protection and extended warranty share a $60,000 maximum for the entire life of the account, which is a lifetime figure rather than an annual one. National Bank states plainly that there is NO MINIMUM INCOME, which is rare enough to be the main reason to consider this card. Cash advance and NSF fees are blank because the bank's summary table has no row for either; do not read that as free. Quebec residents face a 5% minimum payment rather than 2.5% and pay no over-limit fee. One of the bank's two PDFs lists the grocery merchant code as 5511, which is car dealerships; the other says 5411, which is grocery stores. We have not corrected either.