Desjardins Cash Back World Elite Mastercard

†Conditions Apply

^†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 *Terms and conditions apply †Statement based on a comparison of the non-promotional grocery rewards earn rate on Canadian cash back credit cards as of June 1, 2022

American Express is not responsible for maintaining or controlling the accuracy of the information published on this website. For full and up-to-date product information, click on the Apply now link. Terms and conditions apply.

Duration of the promotion

October 3, 2022, to June 30, 2023

Participating partners

This promotion is valid only through strategic partners.

Card eligible for the promotion

National Bank World Elite^® Mastercard^® credit card.

Promotional advantages and terms and conditions of the promotion

To benefit from this promotion, sign up for the National Bank World Elite Mastercard credit card no later than June 30, 2023. You must sign up via the hyperlink contained in one of the promotional emails sent by one of our participating partners, via one of the promotional banners on their websites, or via one of their webpages.

• Save on annual fees the first year:

The primary cardholder will be refunded their annual card fee the first year. The refund will appear as a fee and a credit on their statement no later than 4 months after the account was opened.

• Bonus Rewards points

You will earn reward points or a combination of points as follows:

• • Welcome points

You will earn 30,000 reward points if you charge a net purchase amount of $5,000 to the credit card within 3 months of opening your account.

The net purchases charged to the card are calculated over a period of three months, starting at account opening. Your reward points will be added to your credit card account in a single disbursement and appear on your statement no later than 5 months after the account was opened.

• • Points when you sign up for credit card payment insurance

You will earn 10,000 reward points if you sign up for credit card payment insurance for a minimum of 3 months. To obtain your reward points, complete the sections related to the Credit Card Payment Protection (CCPP) on the credit card application when you open your account.

Your reward points will be added to your credit card account in a single disbursement and appear on your statement no later than 5 months after the account was opened.

• • Points earned on the 1st anniversary of account opening date

You will earn 30,000 reward points if you charge a net purchase amount of $12,000 to the credit card within 12 months of opening your account.

Points are earned on net purchases for a period of 12 months from when the account was opened. Your reward points will be added to your credit card account in a single disbursement and appear by the 2nd statement following your account anniversary date.

• Reward points and refund conditions
  • Net purchases: The net purchase volume is the amount of purchases charged to the account minus returned items and refunds. Annual fees, balance transfers, cash advances (including transactions that can be directly converted to cash, such as money orders, bank transfers, travellers cheques and gaming transactions), interest charges and any other fees or adjustments not considered purchases are not included in the calculation of net purchases.
  • Account in good standing: The account must be open and in good standing at the time when annual fees are refunded or reward points are applied.
  • Reward limit: There is a limit of one cashback amount per category (welcome points, points for signing up for credit card payment insurance, and points earned on the 1st anniversary of the account opening date) per credit card account and per client during the promotion, regardless of the number of cards linked to the account.

Other conditions

• The credit card is issued subject to credit approval by National Bank. Certain conditions apply.
• You must not have a National Bank Mastercard credit card or have had one in the past 24 months.
• The promotion may not be combined with another promotion applicable to National Bank credit cards, nor is it retroactive.
• You must not be employed by us or by an entity in our group.
• The promotion may be modified or withdrawn without notice.
• Minimum purchase and insurance product required

*Grocery and Restaurant: The amount of points earned on grocery and restaurant purchases depends on the total gross monthly amount charged to the credit card account, regardless of the purchase category. You will earn 5 points for every dollar in eligible grocery and restaurant purchases The accumulation of 5 points per dollar of purchase is valid until a total of $2,500 in gross monthly purchases is charged to the account. After that, you will earn 2 points per dollar in eligible grocery and restaurant purchases. The total gross monthly amount is calculated based on your monthly billing period. Grocery purchases include any purchase made at a store that primarily sells food, i.e., grocery store, delicatessen, supermarket, greengrocer or specialty food store. Ready-to-eat meal services and meal delivery services are eligible. This definition excludes purchases made at retail stores and big box stores whose core business is the sale of non-food items. Certain merchants may sell products and services that appear identical or similar to those sold by eligible merchants, or may be separate merchants located on the same premises as eligible merchants, but are classified in different categories by Mastercard. For purchases at other merchants, you will only earn regular rewards points. Restaurant purchases include purchases at a restaurant, fast food restaurant, bar, nightclub or pub.

Gas and Electric Vehicle Charging: To earn 2 points per dollar in purchases, you will need to purchase gas or an electrical vehicle charge from a service station or from certain big-box stores. Certain merchants may sell products and services that appear identical or similar to those sold by eligible merchants, or may be separate merchants located on the same premises as eligible merchants, but are classified in different categories by Mastercard. For purchases at other merchants, you will only earn regular rewards points.

Recurring Bill: Recurring bill payments are defined as monthly or regular payments automatically charged by a merchant to your National Bank World Elite Mastercard credit card. Not all merchants offer recurring bill payments, and not all recurring payments are considered recurring bill payments. Certain payments therefore may not entitle you to earn more points.

À la Carte Travel: To earn 2 points per dollar in purchases, you must make your eligible purchases via the À la carte TravelTM Agency section of our À la carte RewardsTM site.

Other purchaseFor example, if each month you charge $400 in groceries, $200 in gas, $100 in recurring bill payments and $150 in other purchases to your card, your $850 in purchases will earn you 2,750 points, as follows: 2,000 points for grocery purchases (since the total gross monthly amount is $850, i.e., under $2,500), 400 points for gas purchases, 200 points for recurring bill payments and 150 points for other purchases.