Welcome Offer: Up To 40,000 Points With The National Bank World Elite Mastercard

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Alexandrine Bertrand
Alexandrine Bertrand

Alexandrine Bertrand

Alexandrine Bertrand
An avid solo traveller, Alexandrine is an expert on loyalty programmes such as Aeroplan, Avios, AIR MILES, Flying Blue and Marriott Bonvoy. With a budget-conscious approach, she helps travellers make the most of their points and miles to experience affordable, off-the-beaten-path getaways. She also shares a love of gastronomy and enjoys exploring local flavours and culinary traditions.
All posts by Alexandrine Bertrand
National Bank World Elite Mastercard
To the point Earn up to 40,000 bonus NBC Rewards points and 5 points per dollar at grocery stores and restaurants with National Bank World Elite Mastercard.

National Bank World Elite Mastercard - Exclusive Welcome Offer

National Bank World Elite Mastercard is the best Mastercard credit card on NBC. With the current welcome offer, receive up to 40,000 bonus points distributed as follows:

  • 5,000 points if you sign up for payment insurance at the time of application
  • 5,000 points if you make at least $5,000 in purchases in the first 3 months
  • 10,000 points if you make at least $10,000 in purchases in the first 6 months
  • 20,000 points if you make at least $15,000 in purchases in the first 12 months

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

  • 5 points per dollar for groceries and restaurants
  • 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 for all other purchases

And since it’s a 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 unlimited access to the National Bank lounge at Montreal-Trudeau.

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

National Bank World Elite Mastercard - Earning Points

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

Category Points
Grocery and Restaurant 5*
Gas and electric recharging 2
Recurring bill 2
À la carte Travel 2
Other purchase 1

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

Once you reach $2,500 in monthly purchases, you’ll earn 2 points per dollar in the Grocery and Restaurant category. This is still very good compared with other cards that offer only 1 point per dollar after the threshold is reached.

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

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National Bank World Elite Mastercard - 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 can book your vacation with your points (plus monetary supplement if needed) through the À la carte Travel Agency: 10,000 points for every $100.

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 a Statement credit for any travel expenses you have charged to your credit card (redemption must be made within 60 days of the expense being charged to the credit card account).

Eligible purchases are:

  • 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.

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Use points for an airbnb rental... it's possible!

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.

Ominium Banque nationale 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.

Rewards Points for $100
Exchange with dedicated À la carte Travel agency NBC 10 000
Flexible travel discount
(from 55,000 points redeemed)
11,000
Flexible travel discount 12,000
Extras à la carte
RRSP or TFSA contribution
Repayment of all-in-one line of mortgage or mortgage loan
12,000
Gift card 12 000 – 13 500
Statement credit 25 000

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.

National Bank World Elite Mastercard - Benefits

$150 Travel Credit Per Calendar Year

Through NBC’s Smart Traveller program, National Bank World Elite Mastercard cardholders have a total of $150 available each calendar year to apply 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 National Bank World Elite Mastercard in 2024, you will benefit from these credits until December 31, 2024, and will receive them again on January 1, 2025.

However, if you don’t use your 2024 travel credits, they will be lost.

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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 holders of an additional National Bank World Elite Mastercard are also entitled to unlimited access to the National Bank Lounge with an additional guest!

NBC Featured Show

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.

Note that since 2023, World Elite cardholders can be reimbursed for airport lounge access. In effect, this is a travel expense eligible for reimbursement, up to a maximum of $150 per year.

National Bank World Elite Mastercard - 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.

The coverage will reimburse expenses (…) if at least part of the cost of the trip has been charged to the account.

Banque Nationale du Canada

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

Insurance Coverage
Out-of-province hospital insurance 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 hours)
250 per day
(maximum $500 per insured person)
Baggage delay
(more than 6 hours)
up to $500
per person
Lost or stolen baggage up to $1,000
per person
Car rental Vehicle value up to $65,000
Against theft or breakage
(180 days)
up to $60,000
Mobile Device Insurance up to $1,000
Triple extended warranty up to 2 additional years
Insurance booklet

National Bank World Elite Mastercard

National Bank’s World Mastercard

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
Age Maximum trip duration
54 years or less 60 days
55-64 years 31 days
65-74 years 15 days
75 years or older no coverage
Up to 60 days

Few credit cards offer coverage of up to 60 days. Also, people aged 65-74 get 15-day coverage.

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Bottom Line

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

With this card, you’ll enjoy up to $150 in annual credit for specific travel purchases and hold the Best Travel Credit Card and Best Credit Card For Insurance in 2024.

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

Come to discuss that topic in our Facebook Group!
Caroline Tremblay

Caroline Tremblay

Caroline Tremblay
Caroline, a loyalty program specialist, helps families maximize their points to travel more frequently and affordably. With expertise in Disney, AIR MILES, and Costco, she travels the world with her partner and two children through rewards. Passionate about the latest in loyalty programs, Caroline shares tips to help you earn more points and turn your travel dreams into reality.
All posts by Caroline Tremblay

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