Exclusive Offer: Up to 35,000 Points + First-Year-Free with the National Bank World Elite Mastercard

Updated Nov 11, 2024
Fact checked by
Marie-Ève Leclerc
Marie-Ève Leclerc

Marie-Ève Leclerc

Marie-Ève Leclerc
Marie-Ève, Web Director at Milesopedia, is an expert in budget travel and a slow travel enthusiast. Specializing in Aeroplan, Scene+, and Marriott Bonvoy programs, she spends nearly six months a year abroad, making travel her way of life. Constantly seeking the best waves to surf, excellent coffee, and strategies to extend her travels, she is often found in coworking spaces with fellow digital nomads or by the sea, watching the sunset.
All posts by Marie-Ève Leclerc
National Bank World Elite Mastercard
To the point Our exclusive offer is back! Earn up to 35,000 bonus NBC Rewards points, the first year free 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 exclusive to the Milesopedia Network, receive up to 35,000 bonus points, distributed as follows:

  • 10,000 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
  • 15,000 points if you make at least $20,000 in purchases in the first 14 months

What’s more, you pay no annual fee for the first year.

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, 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 Mastercard, you 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 purchases charged to the card.

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

This makes the 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 required) through the À la carte Travel Agency: 10,000 points for every $100.

It’s simply the best use of your NBC Rewards points!

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Statement credit

It’s also possible to redeem your NBC points as a statement credit for any travel expenses you’ve 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 redemption, 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 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 purchase process, click on Claim to get your 10% discount on National Bank Open tickets.

Ominium Banque nationale tennis

NBC Rewards Chart

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

Rewards Points for $100
Exchange with dedicated NBC À la carte Travel agency 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
Account credit 25,000

In addition, the A la carte Rewards store also allows you to redeem your points for merchandise and gift cards.

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 apply for the 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 complimentary 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.

Additional National Bank World Elite Mastercard credit cardholders are also eligible for unlimited access to the National Bank Lounge with an additional guest!

NBC Featured Show

Access to DragonPass Lounges

The 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.

Since 2023, World Elite cardholders can be reimbursed for these airport lounge visits. This is an eligible travel expense, 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 charge part of the cost of the trip.

The following expenses will be reimbursed, provided that a portion (…) of the trip was charged to the account.

Banque Nationale du Canada

For travel insurance, only baggage insurance in case of delay and vehicle rental insurance requires that the entire cost was 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 travelling:

  • 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!
Jean-Maximilien Voisine

Jean-Maximilien Voisine

Jean-Maximilien Voisine
Jean-Maximilien, President and Founder of Milesopedia, is a recognized expert in rewards programs, credit cards, and travel in Canada and France. Approaching forty and a father of two, he has travelled to over 100 countries, half of them with his children and his wife, Audrey. Specializing in top loyalty programs like Aeroplan, American Express Membership Rewards, and Marriott Bonvoy, he guides travellers to maximize their benefits across North America and Europe.
All posts by Jean-Maximilien Voisine

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