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National Bank World Elite Mastercard review

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Advertiser Disclosure

Annual Fee
$150.00
Interest Rate: Purchases
20.99%
Interest Rate: Purchases
20.99%
Balance Transfer
22.49%
Balance Transfer
22.49%
Rewards
1 - 5 points
Rewards
1 - 5 points
Signup Bonus
-
Signup Bonus
-


8.8/10
Informr score
The National Bank World Elite Mastercard currently has an Informr score of 8.8 out of 10. This score is based on our evaluation of 9 sources including reviews from users and the web's most trusted critics.

Am I eligible?


National Bank World Elite Mastercard is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada
Yes Have a minimum personal income of $80000.

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.

What the Critics Are Saying...


Frugal Flyer
Frugal Flyer

The 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...

- Reed Sutton, Frugal Flyer
Rewards Canada
Rewards Canada

The 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.

- Rewards Canada
Frugal Flyer
Frugal Flyer

The 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...

- Reed Sutton, Frugal Flyer
MoneySense
MoneySense

This 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.

- Keph Senett, MoneySense
SAVVY New Canadians
SAVVY New Canadians

I like that the card has a lot of flexibility when you want to use your points, and its insurance coverage benefits are exceptional.

- Enoch Omololu, SAVVY New Canadians

Details


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
  • Flight cancellation or trip interruption insurance
  • Delayed flight and stolen luggage insurance
  • Stolen or lost luggage insurance
  • Insurance in case of accidental breaks, loss or theft of mobile devices
  • Enjoy unlimited access to the National Bank Lounge at Montréal-Trudeau Airport4 and get up to a $150 refund per year on your travel expenses (seat selection, airport parking and more)
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
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Terms & Conditions Official Terms & Conditions
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