Highlights

  • The purchase rate is National Bank’s prime rate plus 4%, with a floor of 8.9%.
  • Balance transfers and cash advances are prime plus 8%, with a floor of 12.9%.
  • The supplementary card has no annual fee, and the official site does not require a minimum annual income.
  • Includes purchase protection and extended warranty.
Syncro Mastercard

Issuer: National Bank
Payment network: Mastercard
Product type: Credit card
Annual fee: $35 primary card; $0 for the second authorized card
Foreign currency conversion fee: 2.5%

Welcome Offer

【September 8, 2026 update】 None

Official application link🔗

Eligibility: the age of majority in your province or territory, and a Canadian resident. The official site states no minimum annual income; issuing the card still requires National Bank credit approval.

Previous welcome offers

Apply between October 1, 2025 and March 3, 2026. $5,000 in net purchases within 12 months of opening the primary-card account earned a $70 account credit within 15 months of opening; the first-year primary-card annual fee was refunded within 3 months of opening.

Everyday Spending

None

Benefits & Insurance

  • Low-interest rate

The annual purchase rate is National Bank’s prime rate plus 4%, and it will not fall below 8.9%; the official site currently shows 8.9%. Balance transfers and cash advances are prime plus 8%, and will not fall below 12.9%; the official site currently shows 12.9%. Prime is posted by National Bank from time to time, so the actual rate moves with it. Each balance transfer must be at least $250 and requires credit approval.

  • 21-day grace period

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

  • Card management and payment features

You can lock, unlock, or replace the card in online banking, and set balance alerts, travel notices, and recurring pre-authorized payments. The card also supports Apple Pay and Google Pay. The official site does not list an extra annual fee for these features.

  • Online transaction verification (Mastercard ID Check)

Mastercard ID Check verifies your identity on online purchases to help prevent fraud. Unauthorized transactions are covered by Mastercard Zero Liability, subject to Mastercard’s terms.

Shopping Insurance

  • Purchase Protection and Extended Warranty

Eligible new movable property must be paid entirely by the cardholder with this card or with points earned on this card. Theft or accidental damage within 90 days of purchase is covered. A manufacturer’s warranty that is valid in Canada is automatically doubled for a maximum of one extra year. If the original warranty is longer than five years, you must first contact the insurer to register the purchase. Benefits do not exceed the purchase price charged to the account. Purchase protection and extended warranty together pay a maximum of $60,000 while the account is active, with no deductible. Gift cards, currency, tickets, phones and other mobile devices, used items, motor vehicles, items bought for business, normal wear, disappearance without reasonable evidence of theft, and flood are not covered. If another policy or the manufacturer’s warranty has already paid, the insurer coordinates payment under the certificate.

  • Filing a Claim

Report theft or vandalism to police immediately and get a report. Call CanAssistance as soon as the event occurs, and ideally submit the claim form, proof of purchase, original warranty, and any other documents the insurer requires within 90 days. A late claim that prejudices the insurer may be denied. If the claim is accepted, the insurer repairs, replaces, refunds, or pays within 60 days of receiving a complete file.