Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
- Reed Sutton, Frugal FlyerThe National Bank® World Elite® Mastercard® is a strong card on many levels. With a high earning rate of 5 À la carte rewards points per dollar spent on groceries and restaurants, it even makes our list of best credit cards for grocery purchases in Canada. But one of the most standout features that...
- Rewards CanadaThe National Bank of Canada World Elite Mastercard is well rounded, it gives you a little bit of everything that you would want in a travel rewards credit card.
- Reed Sutton, Frugal FlyerThe National Bank World Elite Mastercard is a great addition to any traveler’s wallet, with its $250 travel credit/calendar year, extremely competitive insurance portfolio, and a decent earning rate of 1.5% which can be redeemed flexibly. It’s worth waiting for promotions on the card, which usually...
- Keph Senett, MoneySenseThis credit card has a lot going for it, including an excellent insurance package, boosted earn rates and travel rebates. However, the $150 annual fee is a touch higher than those of other cards in its category, which makes room for other contenders.
- Enoch Omololu, SAVVY New CanadiansI like that the card has a lot of flexibility when you want to use your points, and its insurance coverage benefits are exceptional.
Interest Rates | |
---|---|
Regular APR Interest Rate | 20.99% |
Balance Transfer Interest Rate | 22.49% |
Cash Advance Interest Rate | 22.49% |
Rates & Fees | |
Annual Fee |
$150.00 Waived on the first year |
Balance Transfer Fee |
1% If transfer is requested when credit card account is opened, otherwise 3%. |
Cash Advance Fee |
$3.50 $5.00 fee for cash advances outside of Canada. |
Foreign Transaction Fee |
2.5% Transactions made in a foreign currency will be converted and posted to your account in Canadian currency. |
Over Limit Fee | $0.00 |
Late Payment Fee | $0.00 |
Promotions | |
Sign up bonus | No |
Rewards | |
All Purchases | 1 point per $1 spent |
Restaurants | 5 points per $1 spent |
Gas |
2 points per $1 spent Including electric vehicle charging |
Groceries | 5 points per $1 spent |
Hotels | No |
Travel |
2 points per $1 spent You must make your eligible purchases via the À la carte Travel™ Agency |
Pharmacy | No |
Bills | 2 points per $1 spent |
Additional Details |
5X points category up to combined $2,500 in gross monthly purchases, earn 2 points thereafter |
Features & Benefits | |
Additional Card Holders |
$50 per year for each card |
Travel Accident Insurance | Yes |
Car Rental Insurance | Yes |
Car Rental Discount | No |
Extended Warranty | Yes |
Purchase Protection | Yes |
Zero Liability | Yes |
No Foreign Transaction Fees | No |
Emergency Assistance | No |
Concierge Service | Yes |
Price Protection | No |
Fraud Protection | Yes |
Free Credit Scores | No |
Wireless Payments | Apple Pay, Google Pay |
Virtual Cards | No |
Additional Benefits |
|
Eligibility | |
Minimum Security Deposit | $0 |
Minimum Age |
18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces. |
Minimum Personal Income | $80,000 per year |
Temporary Residents | No |
More | |
Additional comments | - |
Terms & Conditions | Official Terms & Conditions |
Suggest a correction |
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