Exclusive Offer: First Year Annual Fee Rebate with the National Bank World Elite Mastercard

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Audrey Voisine
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Audrey, co-founder of Milesopedia, is a dedicated entrepreneur, avid traveler, and mother of two children. She shares valuable tips and recommendations for families and frequent travellers alike, helping everyone get the most from points and rewards programs. As Executive Vice President of Marketing and Communications, she is committed to guiding Milesopedia readers toward more accessible, practical, and memorable journeys.
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Exclusive Offer: First Year Annual Fee Rebate with the National Bank World Elite Mastercard
To the point Take advantage of the exclusive Milesopedia offer: a first-year annual fee rebate (a $150 value) with the National Bank World Elite Mastercard, until November 4, 2026.

In recognition of its long-standing relationship with Milesopedia, National Bank is offering our community an exclusive promotion: a first-year annual fee rebate on the National Bank World Elite Mastercard, named Best Travel Credit Card in Canada in 2026.

Exclusive Welcome Offer

From June 30 to November 4, 2026, enjoy an offer exclusively available through the Milesopedia network: a First Year Annual Fee Rebate (a $150 value) for the primary cardholder. The annual fee is charged to your new card, then refunded as a statement credit within five months of opening your account, provided it stays open and in good standing. On top of that, you enjoy a $150 annual travel credit, unlimited access to the National Bank Lounge at Montreal-Trudeau, DragonPass lounges, comprehensive travel insurance, and up to 5 points per dollar on groceries and restaurants.

Earning points

With the National Bank World Elite Mastercardyou can earn up to 5 points per dollar :

CategoryPoints
Grocery and Restaurant5*
Gas and EV charging2
Recurring bills2
À la carte Travel2
Other purchases1

For the Grocery and Restaurant category, you can earn 5 points per dollar up to $2,500 in total monthly purchases charged to the card.

Once the $2,500 monthly purchase threshold has been reached, you will earn 2 points per dollar in the Grocery and Restaurant category, which remains very good compared to other cards that offer only 1 point per dollar beyond the threshold.

This makes National Bank World Elite Mastercard one of the best Mastercard credit cards for groceries and restaurants.

Head-to-Head: BMO Ascend World Elite Mastercard vs. National Bank World Elite Mastercard - NBC World Elite Grocery Aisle

Redeeming Points

À la carte Rewards

To redeem your NBC Rewards points, you must log on to the dedicated NBC À la carte Rewards Plan portal.

You will be able to book a trip with your NBC points (+ monetary supplement if required) via the Voyage À la Carte agency: 10,000 points per $100 increment.

This is simply the best use of your NBC Rewards points!

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Statement Credit

It is also possible to use your NBC points as an account credit for all travel expenses that you charged to your credit card (the exchange must be made within 60 days after the expense was posted to the credit card account).

Eligible purchases include:

  • Flights
  • Vacation packages
  • Car rentals
  • Hotel nights
  • Cruises
  • Condominium or cottage bookings for tourism purposes
  • Airbnb
  • Excursions
  • Camping
  • And more!

However, for this type of exchange, the rate is different (see table below).

You can also redeem your points for a product in the À La Carte Rewards catalogue.

Book with Airbnb or a Hotel?

10% Discount on National Bank of Canada Open Tickets

To see your favourite tennis players on the courts for less, simply use your National Bank World Elite Mastercard!

At the very beginning of the ticket purchasing process, click on Claim to obtain your 10% discount on National Bank Open tickets in Montreal.

National Bank Open Tennis

Reward Points Table NBC

You’ll see from this chart that the best use of NBC Rewards points is to book your trip with the online travel agency NBC À la carte Travel. You’ll have a discount of $100 for 10,000 points.

RewardsPoints for $100
Redeem with the dedicated travel agency of the NBC à la carte Plan.10 000
Flexible travel discount
(from 55,000 points redeemed)
11 000
Flexible travel rebates12 000
À la carte extras
RRSP or TFSA contribution
Cash back on an all-in-one mortgage line of credit or on the mortgage loan
12 000
Gift card12,000 – 13,500
Statement Credit25 000

Additionaly, you can redeem your points for merchandise and gift cards in the à la carte Rewards store.

If you have a promotional code, you can use it at checkout.

Benefits

$150 Travel Credit Per Calendar Year

Through the NBC Savvy Travelers program, each calendar year, holders of a National Bank World Elite Mastercard have a total amount of $150 applicable to certain travel-related expenses:

  • Airport parking
  • Baggage fees
  • Seat selection
  • Access to Airport Lounges
  • Flight upgrades

This is a great perk for those who use an airport parking lot (note that Park & Fly also works with this benefit) or who have to pay baggage or seat selection fees.

These credits are valid per calendar year. This means that if you subscribe to the National Bank World Elite Mastercard in 2026, you will benefit from these credits until December 31, 2026, and you will receive them again on January 1, 2027.

However, if you do not use those from 2026, they will be forfeited.

Aeroplan's Sweet Spots from Montreal (YUL) - featured star alliance yul

Unlimited Access to the National Bank Lounge at Montreal-Trudeau

With National Bank World Elite Mastercard, you have unlimited free access to the National Bank Lounge at Montreal-Trudeau (YUL).

This benefit is valid for the main cardholder as well as an additional traveller. And up to two children.

Note that National Bank World Elite Mastercard additional cardholders are also eligible for unlimited access to the National Bank Lounge, along with one guest!

Airport Lounge Access: Which Credit Card Should You Use in Canada?

Access to DragonPass Lounges

National Bank World Elite Mastercard offers access to over 1,300 airport lounges worldwide in the DragonPass network.

For each visit, you will have to pay an entrance fee of 32 US$ per person.

Please note that since 2023, World Elite cardholders can be reimbursed for these airport lounge access fees. In fact, this is a travel expense eligible for the travel fee reimbursement, up to a maximum of $150 per year.

Insurance

For most of the insurances included, National Bank World Elite Mastercard is one of the only credit cards in Canada to cover you even if you only pay part of the cost of your trip.

In the case of travel, only baggage delay and car rental insurance require the full cost to be charged to the card.

InsuranceCoverage
Emergency medical and hospital insurance
outside your province of residence
up to $5,000,000
per person (see details on age and duration)
Trip cancellation
(before departure)
up to $2,500
per insured person
Trip interruption
(after departure)
up to $5,000
per insured person
Flight delay
(more than 4 h)
$250 per day
(maximum of $500 per insured person)
Baggage delay
(more than 6 h)
up to $500
per person
Lost or Stolen Baggage Insuranceup to $1,000
per person
Vehicle rental insuranceVehicle valued up to $65,000
Against theft or breakage
(180 days)
up to $60,000
Mobile Device Insuranceup to $1,000
Possibility of tripling the manufacturer’s warrantyup to 2 additional years
Insurance booklet

The National Bank World Elite Mastercard website offers different coverage for emergency medical care while traveling:

  • the person’s age
  • the length of the trip
AgeMaximum trip time frame
54 and under60 days
55 to 6431 days
65 to 7415 days
75 years or olderno coverage

Bottom Line

The National Bank World Elite Mastercard is a credit card to keep in your wallet year after year.

With this card, you will receive up to $150 in annual credit for certain travel purchases and will hold the Best Travel Credit Card and the Best Mastercard Credit Card in 2026.

And you’ll earn up to 5 points per dollar on purchases, including groceries!

Take advantage of this exclusive welcome offer without delay!

Frequently Asked Questions about the National Bank World Elite Mastercard

Here are frequently asked questions in the milesopedia community about this card.

Come to discuss that topic in our Facebook Group!
Jean-Maximilien Voisine
Jean-Maximilien Voisine
Jean-Maximilien Voisine is the President and Founder of Milesopedia and a leading expert in rewards programs, credit cards, and travel across Canada, France, and the U.S.A. Now 40 years old and a father of two, he has explored more than 100 countries—many of them alongside his wife Audrey and their children. Specializing in loyalty programs such as Aeroplan, Flying Blue, American Express Membership Rewards, and Marriott Bonvoy, Jean-Maximilien helps travellers unlock the full potential of their points and benefits. His mission: empower others to travel better and smarter across North America and Europe.
All posts by Jean-Maximilien Voisine

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