National Bank Syncro Mastercard

The Syncro Mastercard stands out in the crowded credit card market due to its low interest rates and flexible terms. With an annual fee of just $35, this card is designed to provide a cost-effective solution for everyday purchases and financial management.

Key Features

• Low Interest Rates: The card offers a purchase interest rate of 10% to 10.70%, making it a great option for those who carry a balance.
• Balance Transfers and Cash Advances: If you need cash or want to transfer a balance, the interest rate is set at 14.70%.
• Zero Liability Protection: Enjoy peace of mind with no liability for unauthorized transactions.
• Purchase Protection: Coverage for theft or damage for up to 90 days after purchase.
• Adapted Credit Limit: A minimum credit limit of $500 that can be increased based on specific conditions.
• Enhanced Security: Online purchases are protected by Mastercard ID check.
• Contactless Payments: Easily make payments using Apple Pay or Google Pay.
• Grace Period: A 21-day interest-free period for purchases gives you time to pay off your balance without incurring interest.
• Extended Warranty: Enjoy double the manufacturer’s warranty for up to an additional year.
• Account Management: Block, unblock, or replace your card easily, and receive balance alerts.

Fees and Conditions

Understanding the fees associated with the Syncro Mastercard is essential for making an informed decision. Here’s a breakdown:

• Annual Fee: $35
• Foreign Transaction Fee: 2.5%
• Cash Advance Rate: 14.70%
• Balance Transfer Rate: 14.70%
• Minimum Credit Limit: $500

Advantages of the Syncro Mastercard

This card has several advantages that make it appealing:

• No Minimum Income Requirement: Unlike many credit cards, the Syncro Mastercard does not require a minimum annual income, making it accessible to a wider audience.
• Flexible Payment Options: The ability to schedule pre-authorized payments helps manage your finances better.
• Travel Alerts: Activate travel alerts to ensure your card works seamlessly while you’re on the go.
• Enhanced Purchase Protection: The 90-day purchase protection can save you money and hassle in case of theft or damage.

Who Should Consider the Syncro Mastercard?

The Syncro Mastercard is an excellent choice for:

• Individuals with Moderate Credit Needs: If you’re looking for a low-interest credit card without a hefty income requirement, this card is for you.
• Those Who Carry a Balance: With its low interest rates, it’s ideal for those who may not pay off their balance each month.
• Frequent Online Shoppers: The enhanced security features and purchase protection make it suitable for online transactions.