National Bank ECHO Cashback Mastercard®

National Bank ECHO Cashback Mastercard®: interest rates, available limits, cashback and bonuses. Full conditions for obtaining a credit card online. The procedure for registration and receipt online or at a bank branch. Features.


About National Bank ECHO Cashback Mastercard

National Bank ECHO Cashback Mastercard is a credit card with cash back earning opportunities and regular interest rates. Given a low $30 annual fee and unlimited cash back rewards, this card can be a cost-effective credit solution.

National Bank ECHO Cashback Mastercard features

A National Bank ECHO Cashback Mastercard credit card provides a 20.99% interest rate on purchases and 22.49% — on balance transfers and cash advances. The annual fee for this credit card is $30 for the primary cardholder. As for additional cards, you can order them for a $0 annual fee.

The minimum credit limit with a National Bank ECHO Cashback Mastercard credit card is $500.

For gas, grocery, and online purchases charged to your National Bank ECHO Cashback Mastercard account, up to the annual maximum of $25,000, you will earn cash back at an accelerated 1.5% earn rate. Once you reach the $25,000 annual spending threshold, you will continue earning cash back at a regular 1% earn rate.

For all other eligible purchases charged to your National Bank ECHO Cashback Mastercard account, you will earn 1% cash back. The National Bank of Canada doesn’t set any limits on the maximum amount of cash back you can earn; just make sure your credit card account is in good standing.

Once you’ve earned at least $10 in cash back dollars, you can redeem your rewards toward credit to your account balance. 

A National Bank ECHO Cashback Mastercard credit card supports contactless payment available through the Tap & Go® technology. 

With a National Bank ECHO Cashback Mastercard credit card, you get access to Priceless Cities® from Mastercard. This benefit enables you to explore the neighborhood in the cities you live and travel to, get room upgrades, try exclusive menus, and more.

A National Bank ECHO Cashback Mastercard credit card has the following insurance coverages included:

  • Purchase protection providing 90-day coverage for purchases charged to your credit card account against theft or damage

  • Extended warranty increasing the original manufacturer’s warranty by up to one additional year

Pros and cons

Here are the advantages of a National Bank ECHO Cashback Mastercard credit card:

  • A low annual fee

  • Free issuance of additional cards

  • Affordable minimum credit card limit

  • Unlimited cash back earning opportunities

  • No minimum annual income requirements to apply

  • 24/7 customer service

  • Contactless payment supported

  • Zero liability protection from Mastercard

  • Protection against fraud with Mastercard® ID CheckTM 

The disadvantages of this credit card are:

  • The lack of welcome offers for new applicants

  • The lack of partner benefits 

  • Few insurance coverages included

How to apply for a National Bank ECHO Cashback Mastercard credit card

Applying for a National Bank ECHO Cashback Mastercard credit card is available online. To proceed, click the “Apply now” button on the credit card description page and specify if you are a National Bank of Canada client already. If yes, sign in to save time on your application. If you are new to the National Bank of Canada, fill out an application form with the following information:

  • Your first name

  • Your last name

  • Your date of birth

  • Your email

  • Your social insurance number (optional)

  • Your phone number

  • Your address

  • How long you have lived there

  • Your occupation 

  • Your employee status

  • Your position

  • The name of your employer

  • Work phone number

  • Month and year since you work there

  • Your gross annual income

  • Whether you want to add a credit card payment insurance plan

Once you do, review your information, agree to the terms and conditions, and proceed with identity verification. To verify your identity, provide a picture of your government-issued photo ID and make a selfie. 

After that, you can request additional cards if needed.

To qualify for a National Bank ECHO Cashback Mastercard credit card, you must be a Canadian resident at the age of majority in your province or territory. No minimum annual income requirements apply.

What does it mean to have a credit card account in good standing? Maintaining a credit card account in good standing assumes that you comply with your cardholder obligations and, in particular, make your minimum payments by the due date.
How does the National bank of Canada calculate interest? National Bank of Canada calculates interest based on the daily balance of your credit card account and charges it to you once a month. To calculate the interest amount, the Bank multiplies your daily balance by the daily interest rate applicable to each type of transaction — a purchase, cash advance, or balance transfer.
How do I report a lost or stolen National Bank ECHO Cashback Mastercard credit card?

If your National Bank ECHO Cashback Mastercard credit card (or any other credit card) is lost or stolen, notify the National Bank of Canada about it asap by the following phone numbers:

  • 1‑800‑361‑0070 (if you are in Canada or the U.S.)

  • 514‑281‑3159 (if you are in other countries)

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20.11.2022
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Last update 29.11.2022