National Bank · Mastercard · Cash back
Reviewed 2026-07-06 · By The Points Standard editorial team
National Bank mycredit Mastercard
A plain, dependable free card whose Costco acceptance is its one real edge over other no-fee options.
Standard Score breakdown — Pass
Six weighted components, each rated 0–10. "Contributes" is the rating × weight — add all six and you get the 4.52/10 Standard Score above.
See how the Standard Score works or re-weight it to your priorities.
The numbers
| Annual fee | None |
| Welcome bonus | No standing welcome bonus confirmed — check current promotional offers before applying |
| Est. bonus value | ≈ $0 |
| First-year net value | ≈ $70 |
Earn rates
| All purchases | Up to 1% |
Why it earns its score
- No annual fee and no minimum income requirement
- Accepted at Costco — a genuine differentiator among no-fee National Bank cards
- Simple flat cash-back structure with no categories to track
Where it loses points
- Flat ~1% rate is unremarkable versus category-boosted no-fee cards
- No travel insurance or purchase perks beyond the basics
- No welcome bonus confirmed
Who it's for
National Bank clients who want a genuinely free, no-fuss card that's also accepted at Costco.
Who should skip it
You want a higher flat rate — Tangerine or BMO CashBack earn more in their bonus categories.
Included insurance
Mobile device insurance · Purchase protection
Source: issuer card page · Last reviewed 2026-07-06. Details change often — confirm current terms with the issuer before applying.