Credit Cards

Head-to-Head: American Express Cobalt Card vs. National Bank World Elite Mastercard

Feb 07, 2026

Head-to-Head: American Express Cobalt Card vs. National Bank World Elite Mastercard

National Bank Platinum Mastercard^®

No Welcome Offer

First year value : $209

No minimum income required
Purchasing insurance
Accepted at Costco

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Best Credit Card For Young Professionals In 2024

By clicking on the Subscribe button, you will be redirected directly to the National Bank credit card application form. Make sure you have the following information on hand: contact details, employment status, income and valid ID.

Earn up to 2 points per dollar in eligible grocery and restaurant purchases*
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

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Consult the official website for more information

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 %

Milesopedia Links

Earning Rate

Groceries2Points
Dining and Food delivery2Points
Gas1.5Points

Value

Year 1 $209
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

Exclusive

National Bank World Elite Mastercard

Up to 50,000 Points

Ends Jun 29, 2026

First year value : $1,373

Up to 5 points per dollar spent on groceries and restaurants
Get up to a $150 refund on travel expenses
Premium Insurance

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Take advantage of this excellent exclusive offer: earn up to 50,000 bonus points (valued at $1,372 in the first year), distributed as follows:

10,000 points when enrolling in payment insurance* for at least the first 3 months.
10,000 points if you made $5,000 in net purchases in the first 3 months after enrolment
20,000 points if you made $20.000 in net purchases during the first 12 months
Bonus current account offer: 10,000 points if you combine your credit card with the opening of a first current account within a maximum of 7 days following the signing of the credit card application form
Earn up to 5 points per dollar spent on eligible grocery and restaurant purchases.*
Earn 2 points per dollar spent on eligible gas and electric recharging expenses, recurring bills and purchases made À la carte^TM travel purchases.*
Earn 1 point per dollar spent on other purchases.
Up to a $150 refund per year on travel expenses, including seat selection, airport parking, baggage fees, access to airport lounges worldwide, and ticket upgrades.
Your credit card gives you access to a multitude of rewards. Our clients can choose from several options to treat themselves with the points they've accumulated:
- Get your hands on new electronics, kitchen accessories, gift cards and more
- Use your points to make a payment on your credit card
- Contribute to your RRSP and TFSA
- Make a donation to a participating charity
- Plan your next vacation
- And more!
Enjoy unlimited free access for you and a guest at lounge from the National Bank at Montreal-Trudeau airport, including drinks, snacks, Wi-Fi, and much more*.
Enjoy up to 60 days of coverage with our travel, trip cancellation/interruption, baggage loss and car rental insurance.
Out-of-province hospital medical insurance, departure flight delay insurance, baggage insurance in case of delay, baggage insurance in case of theft or loss, vehicle rental insurance.

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CONDITIONS – Milesopedia WORLD ELITE CARD PROMOTIONAL OFFER

Length of the welcome promotion

From 3, February to 29, June 2026

Eligibility conditions

Sign up for a National Bank® World Elite® Mastercard® credit card during the promotion period via the redirection link provided on the Milesopedia network websites during the promotion as a primary cardholder, as the primary cardholder.
Not have held any National Bank Mastercard credit card for individuals in the past 24 months as the primary cardholder.
Maintain the credit card account open and in good standing until the rewards points are paid. To be considered in good standing, you must comply with the conditions set out in the Credit Card Agreement, such as paying all fees and minimum payments on time.
Not be employed by us or by any entity within our group.

Description of the promotion

Points offered	Terms and conditions	When points are awarded
10,000	Sign up for payment insurance* for at least the first 90 days.	Within five months of the minimum period of enrolment.
10,000	$5,000 in net purchases in the first 90 days.	By the end of the 6^th month after enrolment**
20,000	$20,000 in net purchases in the first 12 months.	By the end of the 15^th month after enrolment**

Bonus current account offer

Combine your credit card with the opening of a first current account within a maximum of 7 days following the signing of the credit card application form and meet the following conditions to obtain bonus rewards points:

Points offered	Terms and conditions	When points are awarded
10 000	(i) Open a first current account with National Bank as the main holder, co-holder or sole holder, not having held one in the past two years as a main holder, co-holder or sole holder, and subscribe to one of the following packages: Connected® Total® New comers checking account Offer for professionals (ii) Keep the current account with an eligible package open and in good standing for at least the first 180 days and until the points are credited to the credit card account. All conditions in this section must be met to qualify for this bonus.	By the end of the 9^th month following credit card enrolment

*To apply for payment insurance, you must complete the Credit Card Payment Protection Plan (CCPP) section in the credit card application form.

**The purchase calculation period starts on the date you sign up for the card. For example, if you sign up for the card on 15 February 2026, you have until 15 May 2026 to make the required $5,000 in purchases to obtain the 5,000 points offered, which will be credited to your account by the end of August 2026.

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 Plan^TM.

Other Conditions

You may only benefit from the promotion once.
The card is issued subject to credit approval by the National Bank. Other conditions apply to the issue of the card.
You must keep your National Bank current account in good standing for at least 180 days from the date the new current account is opened and until the points are credited to the credit card account. For the purposes of this promotion, the current account is not in good standing if:
- It is overdrawn, meaning it has an unauthorised negative balance.
- It has been used inappropriately, unauthorisedly, illegally, or abusively, as described in article 8.7 of the Deposit Account Agreement of the National Bank.
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 changed or withdrawn without notice.