Pros & Cons
Pros
—
Cons
- –Foreign Transaction Fee (2.5%)
- –No purchase protection
Our Review
The National Bank Business Line Mastercard combines a business credit card and a line of credit in a single product, to finance your company’s everyday expenses and unexpected costs.
What the card gives you:
- Financing of up to $10,000
- An interest rate of prime rate + 5% on purchases, cash advances and balance transfers
- Free additional cards for your employees
- National Bank’s Business account management tools
The annual fee is $50 and the minimum credit limit is $1,000. The base rate is the variable annual interest rate announced by National Bank as its reference rate for demand loans in Canadian dollars; it may change without notice. A 2.5% conversion fee applies to foreign currency transactions. This card does not earn rewards and does not offer a welcome bonus.
Fees and interest rates
- Annual Fee$50
- Foreign currency conversion fee2.5%
Terms & Conditions
Legal
®Mastercard and Mastercard BusinessCard are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated. Authorized user: National Bank.
™ ID Check and Identity Check are trademarks of Mastercard International Inc. National Bank is an authorized user.
1 Subject to credit approval from National Bank.
2 Grace period: No interest will be charged on purchases made during the month, provided the client pays the balance in full within twenty-one (21) days of the statement date. This grace period does not apply to cash advances or balance transfers. Minimum payment: If your account balance is lower than $10, you must pay the entire balance. If you reside in the province of Quebec, your minimum payment will correspond to 2.5% of the credit card account balance plus any overdue payment or $10, whichever amount is higher. If you are a business that chose the corporate responsibility, please refer to the cardholder agreement and account statement. Account statement: A statement is sent monthly.
Example of credit charges calculated over a period of 30 days
| Annual interest rate | Average balance | |
| $500 | $3,000 | |
| 22.99% | $9.45 | $56.69 |
| 20.99% | $8.63 | $51.76 |
| 14.5% | $5.96 | $35.75 |
| 11.7% | $4.81 | $28.85 |
*Variable interest rate in effect on April 24, 2023.
3 Certain conditions apply. Visit mastercard.ca for more information. Refer to the credit card terms and conditions.
4 The prime rate is the annual variable interest rate that the bank publishes from time to time which is used to determine the interest rate for on demand loans granted in Canadian dollars. To find out the prime rate, dial 1-888-622-2783 (toll-free) or visit the rates section on our website.
This content is made available by National Bank and its affiliates for information purposes only. It does not create any legal or contractual obligations for National Bank and its affiliates. The conditions described herein are not exhaustive and are subject to change.
Some of our cards offer a compensation plan in the event of fraud by a cardholder. If necessary, the fraud compensation plan entitles you to a refund limited to the real loss resulting from fraudulent use of the card or account by the cardholder. This plan only applies in the event of fraudulent use by a cardholder who is not also an authorized signatory. The refund amount can be up to $100,000 per account per 12-month period. To use this plan, the company and all authorized signatories must fully collaborate with the Bank and file an official complaint with law enforcement authorities. The application of the fraud protection plan is governed by the conditions set out in section 14 of the credit card agreement. In particular, the plan does not apply if, through negligence, the cardholder contributed to the unauthorized or fraudulent use of the card or account by any person other than a cardholder.
Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. Un Accro du Rabais may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 Banque Nationale. All trademarks are property of their respective owners.


