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%
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