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  • $150 Annual fee
  • 20,000 pts Welcome Bonus
  • 1.5 pts Every $1 Spent
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National Bank World Elite Mastercard Overview

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.

As a new cardholder, you’re eligible for an exciting offer of 20,000 reward points. Not being charged a fee for the first year of owning the National Bank World Elite Mastercard further sweetens the deal. This promotion is only available if you submit your card application before May 31, 2022.

You’ll earn up to 2 points for every dollar you spend. In addition, you can get benefits and rewards valued at $1,167 for the first year after opening your account. This includes reward points valued at $350 from $2,500 worth of purchases made per month. And a travel refund fee of $250.

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.

Welcome Bonus

New cardholders earn 20,000 points for purchases of at least $3,000 made in the first three months. You will receive no fee on your card for the first year.

Points

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

  • Up to 1.5 points for every $1 in purchases, ranging from $0 to $40,000
  • Up to 2 points for every $1 spent on purchases, ranging from $40,001 to $80,000
  • Up to 1.5 points per $1 in purchases, ranging from $80,001 and above

Insurance

The National Bank World Elite Mastercard provides the following coverage.

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, where stolen personal property is covered for up to $2,000

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 $250 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

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.

What Is the Value of the 20,000 Welcome Reward Points?

The 20,000 reward points have a value of $167 in travel discounts. You can put these points towards a variety of trips and airport benefits. Make sure to look through the National Bank World Elite Mastercard deals for eligible airports.

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.

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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Characteristics
  • Bonuses
  • Rewards
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  • Usability

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