National Bank World Elite Mastercard  🇨🇦

National Bank World Elite Mastercard  🇨🇦
Welcome Bonus
No Welcome Offer
Annual Fee
$150
  • Up to 5 points per dollar at grocery stores and restaurants
  • Up To $150 Annual Credit
  • Premium insurance
Interest rates
Purchase Rates
20.99 %
Cash Advance Rates
22.49 %
Balance Transfer Rates
22.49 %
Voyage-MeilleureCarteDeCredit-Milesopedia-2024

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National Bank World Elite Mastercard
No Welcome Offer
Apply Now

Offer

  • Earn up to 5 points per dollar in eligible grocery and restaurant purchases*
  • Earn 2 points per dollar in eligible gas and electric vehicle charging purchases, recurring bill payments and À la carte (TM) travel purchases*
  • Earn 1 point per 1 dollar in other purchases
  • Up to $150 each year in refund for travel expenses on airport parking, seat selection, check-in fees, airline ticket upgrades and access to airport lounges worldwide
  • Your credit card gives you access to a multitude of rewards. Our customers choose from several options to treat themselves with the points they have accumulated:
    • Get your hands on new electronics, kitchen accessories, gift cards and more
    • Make a payment on your credit card with your points
    • Contribute to your RRSP and TFSA
    • Make a donation to one of the participating charities
    • Plan a trip when you can travel again
    • And more!
  • Free and unlimited access along with one (1) guest to the National Bank Lounge at Montréal-Trudeau airport.
  • Enjoy up to 60 days’ coverage with our travel, trip cancellation/interruption, baggage loss and car rental insurance
  • Out-of-province-of-residence medical/hospital insurance, Departure flight delay insurance, Baggage insurance in case of delay, Baggages insurance in case of theft or loss, Vehicule rental insurance

Card Awards

Voyage-MeilleureCarteDeCredit-Milesopedia-2024
Assurances-MeilleureCarteDeCredit-Milesopedia-2024
Mastercard-MeilleureCarteDeCredit-Milesopedia-2024
Best credit card – travel
Best credit card – travel insurance
Best credit card – MASTERCARD
Best Travel Insurance Credit card
Best Premium Travel Credit card ?
Best Travel Credit card Flexible Rewards Mastercard

Fees & Conditions

Personal Income $80,000
Household Income $150,000
Annual Fee $150
First Additional Card $50
Other Additional Card $50
Foreign Transaction Fee 2.5%
Purchase Rates 20.99%
Cash Advance Rates 22.49%
Balance Transfer Rates 22.49%

Value

Calculate the rewards
Your Monthly Spending
Year 1
Year 2+
Welcome Bonus
0 $
Annual Credit
Travel benefits
VIP Lounges
First year offer value
Rewards Earned
Annual fee
Net value

Advantages

VIP Lounges
Travel benefits $150
Luggage Credit
Travel Credits
Wifi Access
Costco

Earnings

Per dollar of purchases

All Spending 1 Points
Groceries 5 Point
Gas 2 Point
Dining and Food delivery 5 Point
Convenience Stores 1 Points
Drugstores 1 Points
Local Transport 1 Points
Travel 1 Points
Entertainment 1 Points
Recurring Payments 2 Point
Telecom/Internet 2 Point
Streaming services 1 Points
Online transactions 1 Points
Office Supplies 1 Points

Insurance

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
$5,000,000
60 day(s)
Travel medical insurance up to 64 years old
$5,000,000
31 day(s)
Travel medical insurance 65+
$5,000,000
15 day(s)
Trip Cancellation Insurance
$2,500
Trip Interruption Insurance
$5,000
Common Carrier Travel Accident Insurance
Flight Delay Insurance
$500
Delayed Baggage Insurance
$500
Lost/Stolen Baggage Insurance
$1,000
Auto Rental Loss/Insurance
$65,000
48 day(s)
Hotel/Motel Burglary Insurance

There may be a daily maximum amount depending on the type of fees paid

Other Insurance

Insurance Name
Included
Amount
Duration
Extended Warranty
2 year(s)
Purchase Protection
180 day(s)
Mobile Device Insurance
$1,000
2 year(s)
Price Protection
Insurance Document

Our review

The National Bank World Elite Mastercard® is NBC’s best Mastercard credit card.

With this card, you earn up to 5 points per dollar on your purchases:

  • 5 points per dollar on grocery and restaurant purchases
  • 2 points per dollar on gas and electric recharge purchases
  • 2 points per dollar on recurring bills
  • 2 points per dollar on À la carte Travel
  • 1 point per dollar on all other purchases

And since it’s a National Bank Mastercard credit card, you can use it at Costco.

With this card, you have access to a $150 annual travel credit that you can use in any of these categories:

  • Airport parking
  • Baggage fees
  • Seat selection
  • Access to airport lounges
  • Flight upgrades

In addition, you can enjoy access to DragonPass airport lounges and free Wi-Fi with Boingo. And unlimited access to the National Bank Lounge at Montreal-Trudeau.

Finally, Milesopedia voted the National Bank World Elite Mastercard® the Best Travel Credit Card and the Best Credit Card for Insurance in 2023 and 2024.

Frequently Asked Questions

  • How do I apply for a National Bank World Elite Mastercard?

    To apply for the National Bank World Elite Mastercard, simply click on the Apply Now button. You will be redirected to the National Bank website, where you can securely apply for this credit card.

    National Bank will then let you know if you are approved for that credit card. If you’re approved, you’ll receive your National Bank World Elite Mastercard in the mail.

  • How many points can I earn for purchases made with the National Bank World Elite Mastercard?

    With the National Bank World Elite Mastercard, you can earn up to 5 points per dollar spent.

    With this National Bank credit card, you earn up to 5 points per dollar on your purchases:

    • 5 points per dollar on grocery and restaurant purchases
    • 2 points per dollar on gas and electric recharge purchases
    • 2 points per dollar on recurring bills
    • 2 points per dollar on À la carte Travel
    • 1 point per dollar on all other purchases
  • How do I use the travel credit on my National Bank World Elite Mastercard?

    With the National Bank World Elite Mastercard, you have access to a $150 annual travel credit that you can use in any of these categories:

    • Airport parking
    • Baggage fees
    • Seat selection
    • Access to airport lounges
    • Flight upgrades

    For example, you can use this National Bank National Bank’s World Elite Mastercard® credit for fees charged by an airline.

  • What insurance coverage does the National Bank World Elite Mastercard offer?

    With the National Bank World Elite Mastercard, you benefit from a wide range of insurance coverages:

    • Out-of-province hospital insurance
    • Trip cancellation (before departure)
    • Trip interruption (after departure)
    • Flight delay (more than 4 hours)
    • Baggage delay (more than 6 hours)
    • Lost or Stolen Baggage Insurance
    • Vehicle rental insurance
    • Insurance against theft or breakage (180 days)
    • Mobile Device Insurance
    • Possibility of tripling the manufacturer’s warranty
  • Can I access an airport lounge free of charge with my National Bank World Elite Mastercard?

    With your National Bank World Elite Mastercard, you have free access to the National Bank Lounge at Montreal-Trudeau International Airport.

    This benefit is available to the cardholder, one guest and up to 2 children under 12.

    Also, you can access airport lounges that are members of the DragonPass program. However, you will be charged a fee for each DragonPass airport lounge access.

    Here are the conditions to be aware of:

    • Visitors must present their physical credit card and boarding pass to access the National Bank Lounge.
    • Guests cannot spend more than three (3) hours in the Lounge.
    • For National Bank clients who do not have free Lounge access and for additional guests, admission is around $37 for adults and $26 for children, plus tax. Admission is free for children under three years old. The entry price may change at any time without notice and at the discretion of the Lounge operator.
  • How can I use my National Bank World Elite Mastercard points?

    There are many ways to use your National Bank World Elite Mastercard rewards points:

    • À La Carte Travel
    • Statement credit for travel purchases
    • Statement credit for any purchase
    • Contribute to an RRSP or TFSA
    • Reimbursement of your all-in-one line of credit or mortgage loan
    • Gift-card
  • Is the National Bank World Elite Mastercard the best National Bank credit card?

    Yes, the National Bank World Elite Mastercard is the best credit card offered by National Bank.

    The National Bank’s World Elite Mastercard® stands out thanks to:

    • Travel rewards earning rate
    • Travel benefits
    • Insurance coverage
  • How does the National Bank World Elite Mastercard compare with other credit cards?

    On Milesopedia, you can easily compare credit cards. You can add the National Bank’s World Elite Mastercard® to the credit card comparison tool and compare it with other credit cards.

  • Is the National Bank World Elite Mastercard accepted at Costco?

    Yes, National Bank’s World Elite Mastercard® is accepted at Costco.

Alternative Cards

  • No minimum income required
  • Purchase Insurance
  • Accepted at Costco
Learn More
Best Credit Card For Young Professionals In 2024
  • Earn up to 30,000 rewards points after signing up and annual fees reimbursed for the first year for the primary cardholder and the first additional authorized user.
  • Earn up to 2 points per dollar spent on certain purchase categories*.
  • Reassuring protection. Travel with peace of mind thanks to our comprehensive insurance coverage up to 10 days
  • Out-of-province-of-residence medical/hospital insurance, Departure flight delay insurance, Baggage insurance in case of delay, Baggages insurance in case of theft or loss, Vehicule rental insurance
  • Trip Cancellation and Trip Interruption Insurance
  • Flight and baggage delay insurance
  • Car rental insurance
  • Purchase insurance against theft or damage
  • Extended warranty
  • Mobile devices insurance against theft or damages for a period of up to 2 years
Legal

Length of the welcome promotion

From February 1st to April 30, 2024.

Eligibility conditions

  • Sign up for a National Bank® Platinum Mastercard® credit card during the promotion as a primary cardholder.
  • Sign up via the redirection link provided on one of our partner’s websites during the promotion.
  • Not have held one of our Mastercard credit card for individuals from National Bank over the past 24 months.
  • Keep the credit card account open until rewards points are paid.
  • Keep the account in good standing by complying with the conditions set out in the credit card agreementuntil the rewards points are paid. For example, all minimum payments must be made on time.
  • Not be employed by National Bank or one of its subsidiaries.

Description of the promotion

Up to 30,000 rewards points after signing up and annual fees reimbursed for the first year for the primary cardholder and the first additional authorized user.

Annual fee

No annual fees for the first year for the primary cardholder and the first additional authorized user.

We will charge annual fees to the account of your new card and reimburse those fees to you. You will receive this reimbursement within five months of opening your account, provided that your account remains open. It will appear on your statement in the form of a credit.

To benefit from the annual fee discount for the first additional authorized user’s card, you must add it to the account opening request.

Annual fees related to authorized users’ cards are not eligible for this promotion.

Reward points

Points offered

Conditions

When points are awarded to the account

10 000

$2,500 in purchases in the first three months

In the two months following the end of the purchase calculation period.

15 000

$6,500 in purchases in the first 12 months

In the two months following the end of the purchase calculation period.

5 000

Enrolment in payment insurance* for at least the first three months

In the two months following the minimum enrolment period for payment insurance.**

 

* To apply for enrolment in payment insurance, you must complete the sections to apply for the Credit Card Payment Protection Plan (CCPPP) included on the credit card application form.

How total purchases are calculated

The calculation is for the total amount of purchases made through all cards linked to the account.

The transactions not included in the calculation are set out in article 1.5 of the À la carte Rewards PlanTM.

Other conditions

  • You can only take advantage of the promotion once.
  • Issuance of the card is subject to credit approval by National Bank of Canada. Other conditions apply to the issue of the card.
  • This promotion may not be combined with any other promotion or offer applicable to National Bank credit cards, nor is it retroactive.
  • This promotion may be modified or withdrawn without notice.

Credit terms

Grace period: No interest will be charged on purchases made during the month, provided the client pays the balance in full within twenty-one (21) days of the statement date. This grace period does not apply to cash advances or balance transfers.

Minimum payment: If your account balance is lower than $10, you must pay the entire balance.

If you reside in the province of Quebec, your minimum payment will correspond to 5% of the credit card account balance plus any overdue payment or $10, whichever amount is higher.

If you reside outside of Quebec, your minimum payment represents 2.5% of the credit card account balance plus any overdue payment or $10, whichever amount is higher.

Account statement: A statement is sent monthly.

Example of credit charges over a 30-day period

Annual interest rate Average balance
$500 $3,000
22,49 % $9.24 $55.45
20,99 % $8.63 $51.76
12,9 % $5.30 $31.81
8,9 % $3.66 $21.95

*Variable interest rate in effect on September 1st, 2021

Balance transfer and cash advance are subject to credit approval by National Bank. Each balance transfer must be at least $250.

Annual Fee
  • Primary card $70
  • Additional card $35
Annual Income Required
  • Individual $0
  • Household $0
Conversion fees
  • 2.5 %
Interest Rates
  • Purchase Rates 20.99 %
  • Cash Advance Rates 22.49 %
  • Balance Transfer Rates 22.49 %
Earning Rate
  • Groceries2Points
  • Dining and Food delivery2Points
  • Gas1.5Points
Value
  • Year 1 $619
  • Year 2+ $209
Best For
Transfer Partners
  • NBC Rewards

Advantages

  • Annual Credit
  • VIP Lounges
  • Concierge
  • Wifi
  • Travel credit

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
$5,000,000
10 day(s)
Travel medical insurance up to 64 years old
$5,000,000
10 day(s)
Travel medical insurance 65+
$5,000,000
10 day(s)
Trip Cancellation Insurance
$1,000
Trip Interruption Insurance
$1,500
Common Carrier Travel Accident Insurance
Flight Delay Insurance
$500
Delayed Baggage Insurance
$500
Lost/Stolen Baggage Insurance
$1,000
Auto Rental Loss/Insurance
$65,000
48 day(s)
Hotel/Motel Burglary Insurance
  • 5X points on travel purchases
  • Access to VIP Lounges
  • Accepted at Costco
Learn More
  • Welcome offer: Get up to 100,000 points and the annual fee waived in the first year for both the primary cardholder and authorized users.*
  • 5x the points for every $1 spent on eligible travel purchases,* 3x the points for every $1 spent on eligible dining and entertainment purchases and recurring bill payments,* 1 point for every $1 spent everywhere else.*
  • Now get the highest rewards points for travel of any premium flexible travel card in Canada!†
  • Complimentary membership in Mastercard Travel Pass provided by DragonPass,* with four annual complimentary passes.
  • Access over 1 million Wi-Fi hotspots around the world – all at no added cost, and no added fees or roaming charges*
  • Get valuable benefits and offers for digital everyday services from a variety of on-demand apps and subscription services
  • Points you can use to cover all flight charges & taxes*
  • Fly on any airline, with no blackout dates*
  • Redeem your points at any time through the BMO Rewards center.
  • Best-in-class travel and medical insurance (unlimited trips per year)*
Legal

*Terms and conditions apply

BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information

Annual Fee
  • Primary card $150
  • Additional card $50
Annual Income Required
  • Individual $80,000
  • Household $150,000
Conversion fees
  • 2.5 %
Interest Rates
  • Purchase Rates 20.99 %
  • Cash Advance Rates 23.99 %
  • Balance Transfer Rates 23.99 %
Earning Rate
  • Travel5Points
  • Air Canada5Points
  • Dining and Food delivery3Points
Value
  • Year 1 $1,256
  • Year 2+ $289
Best For
Transfer Partners
  • BMO Rewards

Advantages

  • Annual Credit
  • VIP Lounges
  • Concierge
  • Wifi
  • Travel credit

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
$2,000,000
21 day(s)
Travel medical insurance up to 64 years old
$5,000,000
21 day(s)
Travel medical insurance 65+
Trip Cancellation Insurance
$1,500
Trip Interruption Insurance
$2,000
Common Carrier Travel Accident Insurance
$500,000
Flight Delay Insurance
$500
Delayed Baggage Insurance
$500
Lost/Stolen Baggage Insurance
$500
Auto Rental Loss/Insurance
$65,000
48 day(s)
Hotel/Motel Burglary Insurance
$1,000
  • 5X points on groceries and dining
  • Purchase Insurance
  • Accepted at Costco
Learn More
Best credit card for everyday spending in 2023

Receive up to 20,000 bonus points ($165 cash back value):

  • Receive 15,000 bonus points†† ($125 in cash back value) after your first eligible purchase within the first 90 days of account opening
  • Receive 5,000 bonus points†† once enrolled for e-statements within the first 90 days of account opening.
  • Earn 5 points‡ for every $1 spent on eligible restaurant, grocery, digital media, membership, and household utility purchases until $50,000 is spent annually in the applicable category. 1 point‡ for every $1 on all other eligible purchases
  • Each year, you will receive Birthday Bonus Points‡ equal to 10% of the total number of Points earned in the 12 months before the month of your birthday, to a maximum Birthday Bonus each year of 15,000 Points.
  • Redeem points‡ for brand-name merchandise, gift cards from participating retailers, cash back, charitable donations, and travel.
  • Standard Annual Interest Rates of 20.99% on eligible purchases, 20.99% on balance transfers✪, and 20.99% on cash advances
  • Mobile Device Insurance*** With Mobile Device Insurance, you’ve got up to $1,000 in coverage for eligible mobile devices in the event of loss, theft, accidental damage or mechanical breakdown
  • $120 annual fee. $50 Additional Card Annual Fee for one authorized user (if you have one).
  • To qualify, your personal annual income must be greater than $80,000, or your household annual income must be $150,000 or greater††††
Legal

††, ‡, ✪, ***, ††††, Terms and Conditions apply.

This offer is only available to residents of Quebec. For residents of other provinces/territories please click here.

Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this MBNA credit card, please click on the “Apply Now” button.

The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank.

Annual Fee
  • Primary card $120
  • Additional card $0
Annual Income Required
  • Individual $80,000
  • Household $150,000
Conversion fees
  • 2.5 %
Interest Rates
  • Purchase Rates 20.99 %
  • Cash Advance Rates 20.99 %
  • Balance Transfer Rates 20.99 %
Earning Rate
  • Groceries5Points
  • Dining and Food delivery5Points
  • Recurring Payments5Points
Value
  • Year 1 $733
  • Year 2+ $533
Best For
Transfer Partners
  • MBNA Rewards

Advantages

  • Annual Credit
  • VIP Lounges
  • Concierge
  • Wifi
  • Travel credit

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
Flight Delay Insurance
Delayed Baggage Insurance
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
Hotel/Motel Burglary Insurance
4.8 Milesopedia Rating