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  • $150 Annual fee
  • 30k pts Welcome Bonus
  • 1 pt Every $1 Spent
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National Bank World Elite Mastercard Overview

**Limited time offer: Get the first year of annual fees refunded plus earn welcome bonuses described blow! Promotion ends January 13, 2023. *Promotion conditions below.

Welcome points

You will earn 30,000 reward points if you charge a net purchase amount of $5,000 to the credit card within 3 months of opening your account.

Points are earned on net purchases for a period of 3 months from when the account was opened. Your reward points will be added to your credit card account in a single disbursement and appear on your statement no later than 5 months after the account was opened.

Points when you sign up for credit card payment insurance

You will earn 10,000 reward points if you sign up for credit card payment insurance for a minimum of 3 months. To obtain your reward points, complete the sections related to the Credit Card Payment Protection (CCPP) on the credit card application when you open your account.

Your reward points will be added to your credit card account in a single disbursement and appear on your statement no later than 5 months after the account was opened.

Points earned on the 1st anniversary of account opening date

You will earn 30,000 reward points if you charge a net purchase amount of $12,000 to the credit card within 12 months of opening your account.

Points are earned on net purchases for a period of 12 months from when the account was opened. Your reward points will be added to your credit card account in a single disbursement and appear by the 2nd statement following your account anniversary date.

The National Bank World Elite Mastercard is one of the best reward credit cards in the market. It comes with a sign-up bonus and premium reward earning rates.

You’ll earn up to 5 points for every dollar you spend. In addition, you can get benefits and rewards valued at $1,117 for the first year after opening your account. This includes reward points valued at $250 from $2,500 worth of purchases made per month. And a travel refund fee of $150.

Essential Information

Network

Mastercard

Provider

National Bank

Card Type

Travel

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Rewards

The National Bank World Elite Mastercard has a lucrative welcome bonus and superior points earning potential.

Points

With the National Bank World Elite Mastercard, you’ll earn:

  • Groceries and Restaurants:
    • 5 points per dollar in eligible purchases when the total gross monthly amount charged to the credit card, regardless of the category, is between $0 and $2,500
    • 2 points per dollar in eligible purchases when the total gross monthly amount charged to the credit card, regardless of the category, is over $2,500
  • Gas and electric vehicle charging: 2 points per dollar in eligible purchases
  • Recurring bill payments: 2 points per dollar in purchases
  • À la carte TravelTM: 2 points per dollar in purchases
  • Other purchases: 1 point per dollar in purchases

Insurance

The National Bank World Elite Mastercard provides the following coverage.

Mobile Device Insurance

Are you constantly dropping or losing your phone? Then this card is right for you. The National Bank World Elite Mastercard comes with two years of mobile device insurance. You get up to $1,000 in the event of breakage, loss, or theft of your phone for up to two years after the date you bought it.

Travel Insurance

You don’t have to worry about travel insurance if you’re planning to travel. This card comes with out-of-province medical/hospital insurance for up to 60 days, with up to 5 million coverage per person.

Medical, general, and legal assistance are included in your travel insurance as well. You’ll also receive:

  • Up to $2,500 per person in trip cancellation insurance and up to $5,000 in trip interruption insurance
  • Delayed flights insurance up to $500 per person (over 4 hours)
  • Baggage delay insurance up to $500 per person (over 6 hours)
  • Up to $1,000 per person in baggage insurance in case of loss or theft
  • Vehicle rental insurance

Extended Warranty

The National Bank World Elite Mastercard comes with an extended warranty. This offer will be a bonus if you want added protection on top of a manufacturer’s warranty.

You will receive triple the manufacturer’s warranty period on eligible purchases, with up to two additional years granted.

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Other Perks

Besides the points you earn and insurance coverage that comes with your card, you’ll receive several additional perks.

  • When redeeming your points, receive access to the À la carte Travel online agency to save on flight tickets and vacation packages.
  • Up to $150 refunds for travel-related expenses.
  • Access to the National Bank VIP Lounge at the Montreal Airport.
  • Mastercard online shopping security protects you from any suspicious activities such as fraud.
  • Exclusive benefits with Mastercard Priceless Cities.

Costs and Fees

  • Annual fee: $150
  • Additional card fee: $50
  • The interest rate on purchases: 20.99%
  • Cash advance interest rate: 22.49%
  • Balance transfer interest rate: 22.49%
  • Minimum credit limit: $5,000

*Promotion Conditions

Net purchases

The net purchase volume is the amount of purchases charged to the account minus returned items and refunds. Annual fees, balance transfers, cash advances (including transactions that can be directly converted to cash, such as money orders, bank transfers, travellers cheques and gaming transactions), interest charges and any other fees or adjustments not considered purchases are not included in the calculation of net purchases.

Account in good standing

The account must be open and in good standing at the time when annual fees are refunded or reward points are applied.

Reward limit

There is a limit of one cashback amount per category (welcome points, points for signing up for credit card payment insurance, and points earned on the 1st anniversary of the account opening date) per credit card account and per client during the promotion, regardless of the number of cards linked to the account.

Other conditions

  • The card is issued subject to credit approval by National Bank of Canada. Certain conditions apply.
  • You must not have a National Bank Mastercard credit card or have had one in the past 24 months.
  • The promotion may not be combined with another promotion applicable to National Bank credit cards, nor is it retroactive.
  • You must not be employed by us or by an entity in our group.
  • The promotion may be modified or withdrawn without notice.
  • Minimum purchase and insurance product required

FAQs about the
National Bank World Elite Mastercard

What Are the eligibility requirements for the National Bank World Elite Mastercard?

To apply for the National Bank World Mastercard, you should be over 18 and a Canadian resident.

What Are the Income Requirements for This Card?

To qualify for a National Bank World Elite Mastercard, you should have an annual gross income of $80,000. Alternatively, you'll also qualify if you have an annual domestic income of $150,000. Or else, you should have a minimum asset value of $400,000.

How Do I Redeem My Reward Points?

Your reward points can be redeemed at any time for travel packages, donations, and gift cards. For travel, you can redeem your reward points to reduce the price of your airline ticket or travel package. You can also redeem your reward points for unlimited access to the top-rated National Bank VIP Lounge at the Montreal Airport.

What Is the Minimum Credit Limit on the National Bank World Elite Mastercard?

The minimum credit limit is $5,000. This is subject to change, so make sure to check the terms and conditions on the National Bank website.

Where Can I Use the National Bank World Elite Mastercard?

Because this card is a Mastercard, you can use it almost anywhere that accepts Mastercard credit cards.

How Do I Earn More Reward Points?

You can earn more reward points by adding a card for your spouse or relative. Alternatively, you could earn more rewards by booking your trips through the À la carte Travel online agency.

General Terms

®Mastercard, World Elite Mastercard and Priceless Cities are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated. Authorized user: National Bank. ®À LA CARTE EXTRAS is a registered trademark of National Bank of Canada. TM À LA CARTE TRAVEL is a trademark of National Bank of Canada. À la carte Travel is owned by Transat Distribution Canada Inc., holder of permit No. 753141 in Quebec. TM À LA CARTE REWARDS is a trademark of National Bank of Canada. TM CX Index and Forrester are trademarks of Forrester Research inc. National Bank of Canada received the highest CX IndexTM score among credit card issuers in Canada in Forrester’s proprietary 2021 CX IndexTM survey. The ranking was based on responses from 8,840 measuring 12 brands. The proprietary survey results are based on consumers’ opinions of the experiences with the brands in the survey. Forrester Research does not endorse any company included in any CX IndexTM report and does not advise any person to select the products or services of any particular company based on the ratings included in such reports. 1. Certain restrictions apply. For more information, consult the Rewards plan section or the Plan rules regarding how to earn points. 2. Grace period: No interest will be charged on purchases made during the month, provided the client pays the balance in full within twenty-one (21) days of the statement date. This grace period does not apply to cash advances or balance transfers. Minimum payment: If your account balance is lower than $10, you must pay the entire balance. If you reside in the province of Quebec, your minimum payment will correspond to 5% of the credit card account balance plus any overdue payment or $10, whichever amount is higher. If you reside outside of Quebec, your minimum payment represents 2.5% of the credit card account balance plus any overdue payment or $10, whichever amount is higher. Account statement: A statement is sent monthly. *Variable interest rate in effect on September 1, 2021 3. Balance transfer and cash advance are subject to credit approval by National Bank. Each balance transfer must be at least $250. 4. Exclusively available to holders of the World Elite Mastercard. Visitors must present their credit card and boarding pass to access the National Bank VIP Lounge. Since April 3, 2019, the National Bank VIP Lounge is only available to clients travelling to international destinations (excluding Canada and U.S. flights). Guests cannot spend more than three (3) hours in the Lounge. For National Bank clients who do not have free Lounge access and for additional guests, admission is around $40 for adults and $25 for children, plus tax. Admission is free for children under three years old. The entry price may change at any time without notice and at the discretion of the Lounge operator. 5. Clients must submit required documents within the given deadline. 6. Certain conditions may apply. Only the primary cardholder (“Cardholder”) of National Bank World Elite Mastercard whose account is in good standing can request a refund of travel expenses. An account in good standing refers to an account linked to a credit card which complies with the Agreement governing the use of the credit card and which is not subject to any restrictions. For example, the annual fees related to the credit card must have been paid in full. The maximum amount that can be submitted for reimbursement between January 1 and December 31 of each year is $250. Eligible expenses include: airport parking fees (maximum $100), baggage fees (maximum $100) and seat selection fees (maximum $50). The claim must be submitted within 60 days of the purchase date and accompanied by proof of purchase. The travel fees must be charged to the National Bank World Elite Mastercard credit card. The maximum reimbursement amount is $250 per account. The refund will be issued within 7 business days following the request approval date and after receiving all required information. An amount not claimed in a year cannot be carried over to the following year. For more information or to obtain the refund form, sign in to rewards.nbc.ca, click the Refund of travel expenses tab and complete the form, you can also call 1-888-296-8881 (toll-free) in Canada and the United States, or +1-416-734-3922 (collect) from anywhere in the world. 7. This coverage applies to purchases and rentals charged in part to the card, except out-of-province medical/hospital insurance for which the travel arrangements need not be charged to the card and lost or delayed luggage insurance where all transportation costs must be charged to the card. This coverage applies to the primary cardholder, their spouse and/or dependent children when they (spouse and/or dependent children) travel with the primary cardholder. Extended warranty coverage applies to most new items purchased with the card, in Canada or abroad, as long as the manufacturer's warranty is valid in Canada. Certain conditions and restrictions apply. For more information and for details of your insurance coverage, please consult the insurance certificate associated with your card. 8. Subject to credit approval by National Bank. 9. Certain conditions apply. Visit mastercard.ca for more information. Refer to the credit card terms and conditions.

National Bank World Elite Mastercard Details

Provider
National Bank
Network Provider
Mastercard
Card Type
Balance Transfer, Rewards
Rewards Type
Travel
Annual Fee
$150
Purchase Interest Rate
20.99%
Cash Advance Rate
22.49%
Balance Transfer Rate
22.49%
Credit Needed
Very Good (725 - 759)
                                                                                                                    

National Bank World Elite Mastercard Offices

Phone Number
1-888-835-6281
Email
info@nbc.ca
Hours
Monday to Friday, 7 a.m. to 10 p.m. (ET), Saturday and Sunday, 8 a.m. to 8 p.m. (ET)
Address
600 Gauchetiere St W Montreal QC H3B 4L2 Canada
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National Bank World Elite Mastercard Card Details
  • Min. Credit :
    Very Good (725 - 759)
                                                                    
  • Card Type : Balance Transfer, Rewards
  • Reward Type : Travel
  • Providers : National Bank
  • Network Provider : Mastercard
National Bank World Elite Mastercard Social Media
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