The National Bank Echo Cashback Mastercard is a no-annual-fee cash back card from National Bank of Canada (Banque Nationale), offering accelerated earn rates on everyday spending categories like groceries and gas. It’s a practical choice for Quebecers and other Canadians looking to earn cash back at no cost.
Quick Verdict
Best for: National Bank customers and Canadians (particularly in Quebec) who want a no-fee cash back card covering groceries, gas, and everyday purchases.
Not ideal for: Travellers looking for travel rewards, lounge access, or comprehensive travel insurance—National Bank’s World Elite Mastercard is better for that use case.
Key Card Details
| Feature | Details |
|---|---|
| Annual Fee | $0 CAD |
| Supplementary Cards | Available |
| Network | Mastercard |
| Purchase Interest Rate | 20.99% |
| Cash Advance Rate | 22.99% |
| Income Requirement | None specified |
| Credit Score Recommended | Good |
Welcome Bonus
National Bank periodically offers promotional cash back or statement credits for new Echo Cashback cardholders. Check National Bank’s website or visit a branch for current offers.
Earn Rates
| Spending Category | Cash Back Rate |
|---|---|
| Grocery stores | Accelerated rate (verify with NB) |
| Gas stations | Accelerated rate (verify with NB) |
| All other purchases | Base rate |
Note: National Bank updates its earn rates periodically. Always confirm the current rates at nbc.ca before applying.
Cash back is straightforward and no categories require activation. Annual cash back is paid as a statement credit on your anniversary date.
Benefits and Perks
- No annual fee — 100% of cash back earned is net value
- Purchase protection — eligible purchases protected against theft or damage for 90 days
- Extended warranty — doubles the manufacturer’s warranty on eligible items (up to one additional year)
- Mastercard Zero Liability — fraud protection on unauthorized transactions
Fees and Rates
| Fee / Rate | Amount |
|---|---|
| Annual Fee | $0 CAD |
| Purchase Interest | 20.99% |
| Cash Advance | 22.99% |
| Foreign Transaction Fee | 2.5% |
| Returned Payment | $45 |
Who Is This Card Best For?
The National Bank Echo Cashback Mastercard suits:
- National Bank customers who want a simple cash back card within their existing banking relationship
- Quebec residents — National Bank’s home province, offering the strongest branch and support network
- Everyday spenders focused on groceries and gas
- Budget-conscious cardholders who want rewards without an annual fee
Alternatives
| Card | Annual Fee | Best Earn Rate | Best For |
|---|---|---|---|
| National Bank Mycredit Mastercard | $0 | Cash back on all purchases | Basic NB cash back |
| National Bank World Elite Mastercard | $150 | 5× on groceries/dining | Premium earners |
| Tangerine Money-Back Credit Card | $0 | 2% on 2–3 categories | Flexible category cash back |
Bottom Line
The National Bank Echo Cashback Mastercard is a solid no-fee cash back option for National Bank clients, especially in Quebec. While National Bank doesn’t always publicize specific earn rates as prominently as some competitors, the Echo card delivers reliable everyday value at zero cost. Confirm current earn rates at nbc.ca before applying.
Disclaimer: Card terms and earn rates are subject to change. Verify all current details at nbc.ca before applying.