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**Limited time offer: Get the first year of annual fees refunded plus earn welcome bonuses described below! Promotion ends June 30, 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
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.
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 (reimbursed for the first year)
- 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.
- To take advantage of this welcome offer, you must not currently hold a personal National Bank Mastercard credit card or have held one in the last 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