National Bank ECHO® Cashback Mastercard®

Use ECHO on your daily purchases and get up to 1.5% unlimited cashnack

Updated: Jan 02, 2024

Advertiser Disclosure

The ECHO Rewards Mastercard from the National Bank of Canada is designed to make cashback rewards easier and more valuable. Once you've amassed enough rewards through online purchases, buying groceries, gas, and paying for other miscellaneous expenses, you can collect and use the rewards at any time.







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National Bank ECHO® Cashback Mastercard®

This card is not available through MarketProSecure Canada.

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Introductory APR


Intro APR Period


Recommended Credit


Key Features

  • Earn up to 1.5% cashback on most online purchases, on groceries and on gas*
  • Get unlimited 1% cashback on all other purchases
  • Apply your cashback as soon as you accumulate $10. You can even access your cashback on the go from any tablet or mobile device!
  • Purchase protection in case of theft or damage*
  • Extended warranty*
  • National Bank ranks #1 among credit card issuers for Customer Experience according to the Forrester CX Index1.
  • Legal Disclaimer

Our Take

Using cashback credit cards can be a great way to increase your spending budget and get more value for your money. You can get a small percentage back for every dollar you spend on select purchases using your card. The only issue is that many of those cards have strict limitations on how and when you can collect your rewards. Not ECHO Cashback Mastercard, however. Offered by the National Bank of Canada, the sixth-largest commercial bank in the country, the ECHO Cashback Mastercard is a reliable choice for those who want to accumulate their rewards.

National Bank ECHO Cashback Mastercard is Best for

  • Online shoppers;
  • Cardholders with fair to good credit scores;
  • Those who spend regularly on gas, and groceries.

What Are ECHO Mastercard Advantages?

National Bank’s ECHO Cashback Mastercard presents numerous advantages to the right cardholder. Take a look at just some of the benefits you can enjoy by applying for this card.

Up to 1.5% cashback reward

National Bank ECHO Cashback Mastercard’s biggest selling point is its valuable rewards. As a cardholder, you could earn as much as $291 in cashback for your regular weekly expenses, including online purchases – a unique advantage not frequently seen in cashback credit cards. The 1.5% cashback is applied to select online purchases, gas, and groceries. Paying for other expenses such as utilities, phone bills, going to restaurants and shows, and using your card for other miscellaneous purchases will earn you 1% cashback rewards. While most credit cards with cashback rewards force you to wait until the end of the year to collect and spend them, the ECHO card gives you almost immediate access. As soon as you’ve collected $10 in cashback rewards, you can apply them to your credit card account and start using them for a vast selection of goods and services.

Secure online purchases

As part of the Mastercard network, the National Bank ECHO card offers an array of benefits. You can have a secure online shopping experience with the Mastercard ID Check1 that protects you against fraud. The service will automatically verify your identity when you make online purchases, so you can rest easy knowing your card is safe and secure. You’ll also enjoy Mastercard’s Zero Liability Policy which will keep you safe from any unauthorized transactions. The ECHO Mastercard also offers 90-day purchase protection against theft and damage, as well as an extended warranty on most items bought with your card.

Urban experiences

With Mastercard’s Priceless Cities2 program, you can enjoy unique urban experiences in cities you live in and travel to. You can use your card to attend global events and gain priority access, explore hidden gems, gain access to exclusive menus, unlock room upgrades during your travels, and more.

Easy online application

The National Bank makes its cards accessible and affordable to all. Therefore, to qualify for the ECHO Cashback Mastercard, you simply have to be the age of majority in your state and a legal Canadian resident with a valid address and ID. You can seamlessly apply for the card online and start reaping its benefits without wasting time.

Are There Any Disadvantages?

Although the National Bank ECHO credit card can be a valuable addition for virtually any cardholder, it does have some drawbacks. Find out what the card’s major disadvantages are.

  • Not all online purchases receive 1.5% cashback. While the National Bank ECHO credit card’s strongest suit is cashback rewards on online purchases, you need to be aware that not all payments you make online will count towards your 1.5% rewards. If your online purchases belong to the categories of travel, transportation, or recurring bills (including online subscriptions), you’ll only receive the standard 1% cashback.
  • Cap on the 1.5% cashback rates. An additional drawback regarding the rewards is that there’s a cap on your 1.5% cashback rates. You’ll only receive 1.5% cashback on the first $25,000 you spend on eligible purchases – gas, groceries, and online purchases. Once you’ve exceeded $25,000, the rewards fall back to the standard 1%.
  • No sign-up bonuses. While most similar cards offer generous welcome and referral bonuses for new cardholders, the National Bank ECHO Cashback Mastercard has no such program.
  • Annual fees. Finally, you’ll have to prepare to cover the $30 annual fees when you apply for this card. While the fee itself is relatively low compared to some other cards, it could diminish your rewards. That’s why the card is best suited to those who spend at least $6,000 a year ($500 a month) on online shopping, gas, and groceries. By spending that amount, you’d earn $30 in cashback rewards that would cover the annual fees.

What Makes ECHO Cashback Mastercard Different

The ECHO Cashback Mastercard stands out as one of the best rewards cards for online shoppers. Even with the $25,000 cap on 1.5% rewards and the $30 annual fee, it’s a valuable card for increasing your spending power. It comes with significant Mastercard benefits, including purchase protection, contactless payments, urban experiences, extended warranty, and fraud protection, to name but a few, making it a valuable addition to anyone’s card collection.

Bottom Line

Although the National bank ECHO Cashback Mastercard has some drawbacks, its advantages far outweigh them. It’s the top choice for online shoppers who want to receive high rewards. With a seamless application process and affordable fees, it makes for an excellent beginner’s card.

Frequently Asked Questions

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Basic Information
Issuer: National Bank of Canada
Network: Mastercard
Category: Consumer (Regular)
Best Used For:
  • Every Day Purchases
  • EMV Chip
  • No Min Income Required
  • Beginners Card
Rewards: Yes
Reward Types:
  • Gas Rewards
  • Universal Rewards
  • Other Rewards
Reward Units: Cash
Rates & Fees
Regular APR: 20.99%
Regular APR Type:
Annual Fee: $30
Balance Transfer: Yes
APR on Cash Advances: 22.49%
Grace Period: 21 days
Other Fees:
  • Additional card fee: $0

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Non-Affiliate Offer Disclosure
*The information provided for National Bank ECHO® Cashback Mastercard® is believed to be accurate at the time of evaluation and has been collected independently by MarketProSecure® Canada. The card issuer did not provide the details, nor it is responsible for their accuracy.

National Bank ECHO® Cashback Mastercard®

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National Bank ECHO® Cashback Mastercard®

National Bank ECHO® Cashback Mastercard®

Rec. Credit Score: Good

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