Should I get the National Bank mycredit Mastercard?
This card is suitable for people who don’t want to accumulate a lot of debt. And for those who want a card for essential purposes. It’s especially great if you want a card that can improve your credit score.
Who Is This Card Not Suitable For?
If you don't have a regular source of income, this card may not be best for you. For instance, if you are self-employed. It's better to opt for a different card because the 20.99% interest charged on purchases can accumulate quickly.
What Are the General Eligibility Requirements?
To qualify for the National Bank mycredit Mastercard, you must be 18 years old or older. This age requirement varies depending on your province’s age of majority. You should also be a Canadian resident at the time of your application.
What Is the Credit Score Requirement for the National Bank mycredit Mastercard?
To qualify for the National Bank mycredit Mastercard, you should have a good credit score. It should be 600 or higher.
What Benefits Come With the National Bank mycredit Mastercard?
The National mycredit Mastercard comes with purchase insurance. This covers damage or theft to eligible purchases made with your card for up to 90 days. You’ll also receive mobile insurance for eligible mobile devices purchased with your card. And an extended warranty of up to 1 extra year.
Does the National Bank mycredit Mastercard Come With a Welcome Bonus?
Not at this time. National Bank occasionally offers welcome bonuses for new members, but no promotions are offered for the mycredit Mastercard currently.
What Is the Minimum Income Requirement?
If you want to sign up for a National Bank mycredit Mastercard, you'll be glad to know it has no income requirement. Therefore, almost anyone can receive approval for this card.