National Bank Allure MasterCard Review



Annual Fee


Annual Rewards


Intro Offer


Annual fee


Annual rewards


Intro offer


  • No annual fee
  • Earn 1 reward point per $2 spent on eligible purchases
  • 5,000 bonus points after first purchase within 3 months
  • Travel insurance coverage included
  • 0% interest balance transfer offer for the first 10 months


  • Limited reward redemption options
  • Higher interest rate than some competitors
  • No bonus points on gas or grocery purchases
  • Minimum annual income requirement of $15,000
  • Not as widely accepted as other credit cards

Performance test results

At DollarWise, for each credit card we test 7 different factors including the rewards, value for money, perks, insurance, strengths and weaknesses of the card.

You can see our full testing methodology here to learn why we’re the most trusted source for credit card reviews.

The National Bank Allure MasterCard has earned a 4.25 DollarWise Rating out of 5. This score is based on a weighted average of the two highest scoring factors (excluding acceptance and approval).




Interest rates




The highest scoring categories for the National Bank Allure MasterCard are fees and interest.

These factors are weighted 70% to the highest scoring factor and 30% to the second highest score to get an overall review score.

This weighting allows us to judge cards on their merits and the customers they are designed for.

For the National Bank Allure MasterCard the most important factors for scoring this card are its fees and interest.


With the National Bank Allure MasterCard, here’s the rates at which you earn rewards for different spending categories per dollar you spend:

Calculating your annual rewards

We estimate that spending $2,000 per month with the National Bank Allure MasterCard would earn $0 in rewards over the year.

Our performance testing research uses an accurate estimation of the average Canadian households spending patterns to predict the rewards a card will earn.

We found that you’d earn this per category:

Our study investigating the value found that each dollar spent on the National Bank Allure MasterCard is worth up to $0.01, depending on how you redeem.

This $0 in rewards value puts the National Bank Allure MasterCard in the bottom 20% of credit cards in Canada based on rewards earned.

The average credit card in our database earns $337 in rewards for the same spend that the National Bank Allure MasterCard earns $0 in rewards value.

We can compare this card to other options by looking at the earn rate by category.

This earn rate is the percentage return that you would get when you spend on this card, assuming you redeem at the predicted maximum value.

For example, if a card earned 5 points per dollar on gas and each point is worth up to $0.02, then the earn rate is 5 points multiplied by $0.02 each, divided by the dollar you spent.

In this example, that’s a 10% earn rate on gas.

Above, we’ve calculated the earn rate for the National Bank Allure MasterCard for every spend category and compared it to the average for all Canadian credit cards.

For an annual spend of $24,000, we estimated annual rewards value at up to $0.

That’s equivalent to a 0.00% return on spending.

The National Bank Allure MasterCard has an annual fee of $0. After deducting this, we predicted net annual rewards of $0.

This puts it in the bottom 20% of credit cards for net rewards after fees.

In comparison, the average card earns net annual rewards of $254.


The National Bank Allure MasterCard has a $0 annual fee.

The average card charges $85. So, the National Bank Allure MasterCard is in the bottom 50% of cards based on the cost of the annual fee.


We manually review the perks of each credit card to determine how they compare to other cards.

The National Bank Allure MasterCard scored a 0.7 out of 5 for perks, putting it in the bottom 20% of cards.

The average card scores 1.6 out of 5 for perks.

Interest Rates

Cash Advance22.49%
Balance Transfer22.49%

The average (median) credit card has a purchase interest rate of 19.99% and so the National Bank Allure MasterCard charges 1% more than the average.

For cash advances it costs 22.49% compared to the average of 19.96%.

Testing the National Bank Allure MasterCard with a $2,000 starting balance, you can see in the graph how the 1% more in interest rates impacts the interest over a year, compared to the average card.

Insurance coverage

InsuranceThis CardAverage
Extended Warranty1 year1 year
Purchase Protection90 days90 days

We scored it 0.0 out of 5 for insurance.

It offers 2 types of insurance, whereas the average card has 5 types of coverage.

Approval and qualifying

Do I qualify?
Estimated Credit Score660 – 724
Personal Income$0
Household Income$0
Annual Fee$0
Extra Card Fee$0
Card typeMasterCard

We scored it 3.0 out of 5 for approval.

We predict that you will require a credit score of at least 660 to qualify for the National Bank Allure MasterCard, while the average card requires 652 to qualify.

This puts it in the top bottom 50% of cards by approval difficulty.

The personal income requirements are $0, while the average card requires $23,896.

This puts it in the top 50% of cards by the income required to qualify.

The National Bank Allure MasterCard credit card is designed to appeal to a wide variety of Canadian consumers, offering an extensive range of benefits and attractive earning potential.

In this review, we will discuss the card’s earning potential, four benefits that make this card stand out from other options in the market, as well as two drawbacks to consider before applying.

Earning potential

With the National Bank Allure MasterCard, cardholders earn reward points for every dollar spent on eligible purchases. While the card does not offer specific bonus categories, consumers will receive 1 point for each dollar spent on all purchases, which can then be redeemed for travel rewards, merchandise, gift cards, or statement credits.


  1. Flexible Redemption Options: The first major advantage of this card is its flexible redemption options. Cardholders are not limited to specific airlines or hotel chains when it comes to redeeming their points, which provides increased freedom when planning trips or other reward-related spending.
  2. Comprehensive Insurance Coverage: The second major advantage is the comprehensive insurance coverage provided with the card. Cardholders receive travel insurance, including out-of-province emergency medical coverage, trip interruption insurance, and lost or delayed baggage coverage. This added security can provide peace of mind for travelers.
  3. Access to Exclusive Events and Experiences: Another significant benefit of the National Bank Allure MasterCard is the access to exclusive events and experiences. As a cardholder, you will be granted access to MasterCard’s Priceless Cities program, which offers unique events, discounts, and travel experiences around the globe.
  4. Personalized 24/7 Concierge Service: The fourth major advantage of this card is the personalized concierge service available 24/7 to cardholders. This perk can assist with dining reservations, event bookings, and travel planning, adding a touch of luxury to your experience.


  1. Annual Fee: A significant drawback to consider is the card’s annual fee. With a $150 annual fee, consumers must ensure they will be using the card and its benefits frequently enough to offset this expense.
  2. Lack of Bonus Reward Categories: Another notable drawback is the lack of bonus reward categories, as many competing cards offer increased reward rates on specific spending categories. Cardholders looking to maximize their earning potential may find better options elsewhere.

Additional information

In conclusion, the National Bank Allure MasterCard is an excellent option for Canadian consumers looking for a flexible rewards credit card with unique travel benefits and comprehensive insurance coverage. However, those who prioritize bonus reward categories or wish to avoid annual fees should explore other options in the market.

Is the National Bank Allure MasterCard not convincing you? Consider the National Bank World MasterCard or the National Bank MC1 MasterCard. Still not the right credit card? Make sure not to miss the National Bank Syncro MasterCard.


With the National Bank Allure MasterCard credit card, you can redeem your points for a variety of rewards. These include:

  • Travel Rewards: Use your points to book flights, hotels, car rentals, and vacation packages through National Bank’s À la carte Travel™ portal, or transfer your points to their participating airline and hotel partners.
  • Gift Cards and Merchandise: Redeem your points for a wide selection of gift cards from popular retailers, restaurants, and entertainment venues, as well as high-quality merchandise from various product categories, such as electronics, home appliances, and fashion items.
  • Financial Products: You can use your points to contribute to your RRSP, TFSA, or other National Bank investment accounts, make principal payments on your National Bank mortgage, or even apply your points as a cashback credit on your Allure MasterCard statement.
  • Charitable Donations: Make a donation to one of the many charities supported by the National Bank, using your points as a cash equivalent.
  • À la carte Experiences™: Access exclusive events, unique experiences, and lifestyle rewards exclusively available to National Bank Allure MasterCard cardholders, such as culinary lessons, spa treatments, and sports events.

For the National Bank Allure MasterCard, foreign transaction fees are applied to purchases made in a currency other than Canadian dollars. The foreign transaction fee consists of two parts: 2.5% charged by National Bank and an additional 1% fee charged by MasterCard, bringing the total foreign transaction fee to 3.5% of the transaction amount.

It’s essential for cardholders to be aware of this fee when making purchases outside of Canada or in a different currency in order to make informed decisions about their credit card usage while traveling or shopping online.

The National Bank Allure MasterCard credit card does not require a minimum income level for eligibility.

Key benefits

  • $0 annual fee
  • 19.99% regular purchase APR
  • 22.99% cash advance APR
  • 1 reward point for every $2 spent
  • Travel insurance benefits (e.g. emergency medical care, trip cancellation)
  • 5,000 points sign-up bonus
  • Balance transfer promotion (0% interest for 10 months)
  • Mastercard Zero Liability protection
  • Worldwide acceptance
  • Required annual income: $15,000 minimum

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