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NBC World Elite Passports

Review: National Bank World Elite Mastercard

To the point

Here are all the details about the NBC World Elite Mastercard: access to the National Bank Lounge, $250 travel credit, insurance, etc.

Review: National Bank World Elite Mastercard

The National Bank’s World Elite Mastercard® is surely one of the most known travel credit cards in Quebec.

Why? Because if you travel via Montreal-Trudeau International Airport (YUL), you’ve probably passed by the National Bank Lounge on numerous occasions and seen the many ads promoting the access reserved for cardholders .

This credit card is the only one in Canada to offer up to $250 in travel credit through its Smart Travellers Program. And its travel and purchase insurance covers are among the best on the market.

$300 cash back and first-year free

For a limited time, you can get a $300 cashback after $4,000 spending in the first three months. And no annual fee the first year (a $150 saving)!

$250 refund on travel expenses per year

Through the NBC Smart Travellers Program, each calendar year, with the National Bank’s World Elite Mastercard®, you can get up to a $250 refund on travel expenses.

Expenses Credit
Airport parking $100
Baggage fees $100
Seat selection $50
voyageurs avises bnc
$250 per calendar year

It’s a great perk for those who use an airport parking lot (note that Park and Fly also works). Best of all, the advantage is renewed each year on January 1st!

Access to the National Bank Lounge at Montreal-Trudeau (YUL)

National Bank’s World Elite Mastercard Cardholders are the only National Bank customers to get complimentary and unlimited access to the National Bank’s Lounge at Montreal-Trudeau International Airport.

salon bnc yul
Le salon Banque Nationale

The cardholder and 1 guest have complimentary access to the lounge upon presenting the National Bank’s World Elite Mastercard®.

This is a significant advantage for frequent flyers: the lounge is accessible for all international flights.

NBC À la carte Rewards

Earn NBC À la carte Rewards points

With this credit card, you can earn points based on your net spending over a 12-month period:

Expenses Points
$0 to $40,000 1.5 points
$40,001 to $80,000 2 points
$80,001 and more 1.5 points

NBC points earning is really interesting for your the $40,001 – $80,000 range: you will earn 2 points per dollar (which can be worth up to 2% in travel rewards).

Accepted at Costco

And since it’s a Mastercard, this credit card is accepted at Costco! You will be able to earn between 1.5 and 2 points per dollar on your Card purchases!

The best use of NBC À la carte Rewards points

The best use of your NBC points earned with the National Bank’s World Elite Mastercard® is with the NBC travel agency: 10,000 points for every $100 after 50,000 points redeemed.

It’s the best use you can make of your NBC points!

bnc voyage a la carte

How to redeem NBC points?

In order to redeem your NBC Rewards points, you have to go on the NBC À La Carte Travel website.

You can book a travel with your points (+ additional money if required) via the “À La Carte travel agency. Fares are identical to those you can find at any travel agency.

voyages bnc

It is also possible to redeem your NBC points as a statement credit for all travel expenses you have charged to your credit card (redemption must be made within 60 days after the expense was charged to your credit card).

Eligible purchases are:

  • airfare
  • Vacation packages
  • Car rentals
  • hotel nights
  • Cruises
  • Condominium or cottage bookings
  • Excursions
  • Camping
  • And more!

This also includes Airbnb bookings!

Here is the exchange rate of NBC points for this type of redemptions:

echange points bnc voyage
Other products

You can also shop for a product in the catalogue offered by NBC À la carte. But as we often say: it’s a bad use of points: you should never use your points to buy a toaster!

With the National Bank’s World Elite Mastercard® , you can use your points for many rewards, such as travel rewards like an apartment rental on Airbnb, or SAQ gift cards.

The best way to use your points is to book your trip through the online travel agency NBC À la carte: you get a $100 statement credit for every 10,000 points redeemed.

Rewards Points for $100
A La Carte Travel Agency Redemptions 10 000
Flexible travel discounts
(from 55,000 points redeemed)
11 000
Flexible travel discounts 12 000
Extras À La Carte
RRSP or TFSA contribution
Reimbursement of your all-in-one line of credit or mortgage loan
12 000
Gift-card 12 000 – 13 500
Statement credit 25 000
NBC World Elite Jm

Reliable travel insurance

With the National Bank’s World Elite Mastercard®, you get great travel insurance (you can find the insurance document there).

As you will see in details below, some travel insurance policies only require you to charge a portion of the cost of the trip to your credit card: this is useful for points and miles enthusiasts who only charge taxes or some additional fees to their credit card!

It is thus one of the best credit cards for travel insurance.

Travel Medical Insurance (outside province of residence)

The National Bank’s World Elite Mastercard offers different coverage for emergency travel medical insurance depending on:

  • the person’s age
  • the length of the trip
Age Maximum trip time frame
54 and under 60 days
55 to 64 31 days
65 to 74 15 days
75 years or older no coverage

Trip Cancellation / Trip Interruption Insurance

For most of its insurance, the National Bank’s World Elite Mastercard is one of Canada’s only credit cards to cover you even if you only charge a portion of the cost of the trip to it.

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

Banque Nationale du Canada
Insurance Coverage
Trip cancellation (before departure) up to $2,500 per insured person
Trip interruption (after departure) up to $5,000 per insured person

Insurance in case of theft or loss of luggage

The National Bank’s World Elite Mastercard® covers you if at least part of the trip’s cost has been charged to the account.

Insurance Coverage
Lost or Stolen Baggage Insurance up to $1,000 per person

Flight delay insurance

The National Bank’s World Elite Mastercard® covers you if at least part of the trip’s cost has been charged to the account.

Insurance Coverage
Flight delay of more than 4 hours $250 per day (maximum of $500 per insured person)

Insurance in case of baggage delay

The National Bank’s World Elite Mastercard covers you if the total travel cost on a common carrier has been charged to your account.

Insurance Coverage
Baggage insurance in case of delay up to $500 per person (more than 6 hours)

Car Rental Insurance

The National Bank’s World Elite Mastercard® covers you if you pay the full cost of your car rental with your credit card (or use your points from the NBC À La Carte Rewards program).

Similarly, personal belongings in the vehicle are protected.

Insurance Coverage
Vehicle rental (48 days or less) Vehicle valued at up to $65,000

Theft of personal belongings up to $2,000

Insurance for your purchases

The National Bank’s World Elite Mastercard® is one of Canada’s only credit cards to offer 180-day purchase protection (that’s 6 months from the date of purchase). Other credit cards offer only 90 days (3 months).

Besides, the National Bank’s World Elite Mastercard® is one of Canada’s only credit cards to triple the coverage period of new items covered by an original manufacturer’s warranty valid in Canada.

Insurance Coverage
Against theft or breakage for 180 days up to $60,000
Get up to triple the manufacturer’s warranty up to 2 additional years

Conclusion

It’s a great credit card for travellers, especially from Quebec, because of the access to the National Bank Lounge at Montreal-Trudeau International Airport (YUL).

Its Smart Travellers program allows you to get up to $250 per calendar year for some travel expenses, and its insurance is excellent.

Its generous insurance is the best strength of this card versus the competition.

4.5 Milesopedia Rating

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