Highlights

  • Combines a business line of credit with Mastercard spending, with financing of up to $10,000.
  • Purchases, balance transfers, and cash advances all use a floating rate of prime plus 5%.
  • The minimum credit limit is $1,000.
  • Includes an employee-cardholder fraud compensation plan of up to $10,000 per account every 12 months.
Business Line Mastercard

Issuer: National Bank
Payment network: Mastercard
Product type: Credit card
Annual fee: $50 primary card
Foreign currency conversion fee: charged

Welcome Offer

【September 8, 2026 update】 None

Official application link🔗

Eligibility: the official application is for the sole owner of a business. You must provide business information, the business’s annual gross revenue, and personal information, and consent for National Bank to pull a credit report. The application still requires National Bank approval. The official site does not publish a minimum income or other numeric threshold.

Everyday Spending

None

Benefits & Insurance

  • The combined benefits of a line of credit and a credit card

This card combines a business line of credit with Mastercard spending. The official site lists financing of up to $10,000 and a minimum credit limit of $1,000. The annual rate on purchases, balance transfers, and cash advances is National Bank’s prime rate plus 5%. Prime is posted by the bank from time to time, so the actual rate moves with it.

  • Grace period

If you pay the balance in full within 21 days of the statement date, that month’s purchases do not accrue interest. Cash advances and balance transfers do not receive this grace period.

  • Compensation plan in the event of fraud

If an employee cardholder who is not an authorized signatory uses the card fraudulently, the business can be reimbursed for actual losses, up to $10,000 per account every 12 months. The plan does not apply if that employee’s negligence or fault contributed to the unauthorized or fraudulent use. The business must cooperate with the bank’s investigation and, where applicable, report the matter to police.

  • Online transaction verification (Mastercard ID Check)

Mastercard ID Check verifies identity on online purchases to help prevent fraud. The official site does not mention an extra fee or a separate enrolment requirement.

  • Mastercard BusinessCard solutions and Pre-authorized debit

The official site says this card can use Mastercard BusinessCard business solutions to help simplify transactions and strengthen business security. After you register pre-authorized debit, the amount due on the statement date can be withdrawn automatically from a National Bank or other financial-institution account. Features and eligibility follow the related terms.