9 Reasons to Apply for the National Bank World Elite Mastercard in 2024

Updated Dec 13, 2024
Fact checked by
Jean-Maximilien Voisine
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
NBC World Elite Jm
To the point Here are 9 reasons to apply for the National Bank World Elite Mastercard, one of the best credit cards for travellers.

#1- One of the Best World Elite Cards for Travel

The National Bank World Elite Mastercard is one of the best World Elite Mastercard credit cards. With the welcome offer running until March 31, 2025, now’s a great time to get it and take advantage of its benefits before your next trip!

Le Méridien Bali Jimbaran 42

#2- $150 Annual Travel Credit

With the National Bank World Elite Mastercard, you can get up to $150 in annual credit towards certain travel expenses!

The following are eligible expenses:

Car Park

#3 - Unlimited Access to the National Bank Lounge

With the 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, plus one additional passenger, and up to two children.

What’s more, you can enjoy paid access to many DragonPass lounges around the world.

NBC Featured 2

#4 - Between 1 and 5 Points Per Dollar

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 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.

And don’t forget that grocery stores are great places to buy gift cards for many other businesses (and earn up to 5 points per dollar)!

Costco Warehouse

#5 - Points for Airbnb and Other Rewards

With the National Bank World Elite MastercardÀ la carte Travel program, you can use your points for a wide range of rewards, including travel discounts such as Airbnb apartment rentals, and gift cards.

The best way to use your points is to book your trip through Plan à la carte’s online travel agency NBC: you’ll earn a $100 credit for every 10,000 points redeemed.

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
Best Tips for Finding Your Airbnb Rental

#6 - The Best Insurance for Your Travels

With the National Bank World Elite Mastercard, you have the best credit card for travel insurance :

  • Travel medical insurance (outside province of residence)
  • Trip Cancellation / Trip Interruption Insurance
  • Insurance in Case of Theft or Loss of Luggage
  • Flight Delay Insurance
  • Insurance in Case of Baggage Delay
  • Car Rental Insurance

Travel medical insurance can cover up to 60 days of travel (depending on your age). And trip cancellation/interruption insurance covers you even if you’ve only charged part of the cost of the trip to your card. Where other credit cards require that the entire trip be paid for with it!

This is convenient when you pay for part of your trip with your points Aeroplan or Avios, and only the taxes with your credit card.

Qantas Famille.jpg.

#7 - The Best Insurance for Your Purchases

With the National Bank World Elite Mastercard, you have the best credit card for purchase insurance :

  • Insurance against theft or breakage for 180 days (6 months from date of purchase)
  • Triple extended warranty (up to 2 additional years)
  • Mobile device insurance (up to 2 years)

Most other credit cards in Canada cover only 90 days and 1 additional year. There’s no need to buy an extended warranty for appliances paid for with this Card!

Washing Machine

For more details on the card and its range of insurance, see this article:

#8 - An Award-Winning Credit Card

We voted the National Bank World Elite Mastercard as the best travel credit card and the best credit card for insurance in 2023 and 2024.

Assurances-MeilleureCarteDeCredit-Milesopedia-2024
Voyage-MeilleureCarteDeCredit-Milesopedia-2024

#9 - An Attractive 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.

Bottom Line

So here are 9 reasons why now is the best time to apply for the National Bank World Elite Mastercard.

We could add Mastercard’s Priceless Cities service, or the fact that NBC has been ranked 1st among credit card issuers in terms ofcustomer experience (Forrester 2021 CX Index).

Whatever the case: in 2024-2025, long live travel with benefits with one of the best credit cards for travellers!

NBC World Elite Jm
Come to discuss that topic in our Facebook Group!
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
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