"Does the National Bank Business Mastercard work at Costco Canada?"

"Yes — Costco Canada accepts Mastercard credit cards. The National Bank Business Mastercard is a Mastercard and is accepted at all Costco Canada locations. This is a practical advantage for businesses that buy supplies at Costco. Note that Costco Canada does not accept American Express, so if your primary business card is an Amex (e.g., Amex Business Platinum), the National Bank Business Mastercard is a useful Costco backup card."

"What rewards does the National Bank Business Mastercard earn?"

"The National Bank Business Mastercard earns À la carte Rewards Points on eligible business purchases. À la carte Rewards can be redeemed through National Bank's travel portal, for merchandise, gift cards, or statement credits. For businesses that spend primarily on Canadian business categories (office supplies, meals, fuel, telecommunications), the À la carte Rewards accumulation is straightforward. Verify current earn rates and categories at nbc.ca/business."

"How does National Bank's business card compare to BMO or TD business cards?"

"National Bank Business Mastercard vs. BMO Business Mastercard: both are entry-level business Mastercards with no or low annual fees and modest rewards — choice depends on your banking relationship. National Bank Business Mastercard vs. TD Business Cash Back Visa Infinite ($149/year): TD's card earns significantly higher cash back rates (3% grocery/gas) but costs $149/year — better for higher-spending businesses. National Bank vs. Amex Business Edge ($99/year): Amex earns 3x points on eligible categories but Amex is not accepted everywhere (e.g., not at Costco Canada). The best business card depends primarily on your spending volume, category mix, and banking relationship."

"Can I add employee cards to the National Bank Business Mastercard?"

"Yes — the National Bank Business Mastercard supports employee (supplementary) cards, allowing team members to make business purchases on the account. The business owner is responsible for all charges. Employee cards help consolidate business expenses for GST/HST input tax credits and CRA business expense documentation. Verify the current employee card fee structure at nbc.ca/business or at a National Bank business banking branch."

National Bank Business Mastercard Review 2026: Is It Worth It in Canada?

The National Bank Business Mastercard is National Bank’s entry-level business credit card — designed for small business owners and sole proprietors who bank with National Bank (particularly in Quebec). It earns À la carte Rewards Points on eligible business purchases, supports employee cards, and provides the Mastercard acceptance profile (including Costco Canada) for business expenses.

Quick Verdict

Best for: Small business owners who bank with National Bank — particularly Quebec-based businesses — who want a business-branded Mastercard for expense separation and À la carte Rewards earning without a high annual fee.
Not ideal for: High-spending businesses that would benefit from the higher earn rates on premium business cards (Amex Business Edge 3x categories, TD Business Cash Back Visa Infinite 3% grocery/gas); businesses that want Aeroplan miles directly.

Key Card Details

Feature	Detail
Annual fee	$0 (verify at nbc.ca)
Network	Mastercard
Rewards	À la carte Rewards Points
Employee cards	Yes — verify fee at nbc.ca
Costco accepted	Yes
Business banking	National Bank business account recommended
Strongest presence	Quebec

Card terms, earn rates, and fees are subject to change. Verify all current details at nbc.ca/business before applying.

National Bank Business Banking Ecosystem

Product	Purpose
Business Mastercard	Business credit card, À la carte Rewards
Business chequing	Daily business banking
Business savings	Cash reserve management
Business line of credit	Flexible working capital
Business term loan	Capital investment
Merchant services	Payment terminal for businesses

À la carte Rewards: Business Applications

Redemption	Use Case
À la carte Travel portal	Flights, hotels for business travel
Statement credit	Cash back equivalent
Gift cards	Business gifts, client entertainment
Merchandise	Office equipment

Business Credit Card Comparison

Card	Annual Fee	Network	Key Earn Rate
NB Business Mastercard	$0	Mastercard	À la carte Points
BMO Business Mastercard	$0	Mastercard	Cash back/rewards
Scotiabank Business Visa	$0	Visa	Verify
CIBC BizLine Visa	$0	Visa	Verify
Amex Business Edge	$99	Amex	3x on eligible categories
TD Business Cash Back VI	$149	Visa	3% grocery/gas

Who Is the National Bank Business Mastercard Best For?

Ideal cardholders:

Quebec-based small business owners who bank with National Bank and want a no-fee Mastercard for expense tracking and business banking integration
Businesses that shop at Costco Canada (Mastercard accepted; Amex is not)
Sole proprietors starting out who want a business credit card without a first-year annual fee commitment

Less suitable if:

Your business charges $20,000+/month — Amex Business Edge ($99/year, 3x categories) or TD Business Cash Back Visa Infinite ($149/year, 3% grocery/gas) deliver substantially more rewards value
You want Aeroplan miles — TD Aeroplan Visa Business or CIBC Aeroplan Visa for Business are required
Your primary bank is BMO, TD, or CIBC — use their respective business cards for integrated banking

Bottom Line

The National Bank Business Mastercard is a practical entry-level business credit card for National Bank customers — particularly Quebec-based businesses where National Bank has the deepest banking footprint. It earns À la carte Rewards Points on business purchases, offers Mastercard’s broad acceptance including Costco Canada, and supports employee cards for expense consolidation. As business spending grows, the upgrade path to premium National Bank or multi-bank business cards becomes worthwhile.

Card terms, earn rates, and features are subject to change. Verify all current details at nbc.ca/business before applying.