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National Bank World Elite Mastercard review

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Advertiser Disclosure

Interest Rate: Purchases
Balance Transfer
22.99% (3.9% for the first 6 months)
1.5 points
Signup Bonus

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...


National Bank’s premium offering – the World Elite Mastercard – might not have the greatest return on spending, but it has some unique perks not easily found on other cards.

- Jonathon, creditcardGenius
Money We Have

The odds are that if you’re considering this card, you’re likely looking for extended travel medical insurance. The earning potential is good, but the lack of a signup bonus is a bit disappointing.

- Barry Choi, Money We Have


Interest Rates
Regular APR Interest Rate 20.99%
Balance Transfer Interest Rate 22.99% (3.9% for the first 6 months)
Cash Advance Interest Rate 22.99%
Rates & Fees
Annual Fee $150.00
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
Sign up bonus No
All Purchases 1.5 points per $1 spent (on first $40000 spent)
  • 2 points per $1 spent (on $40001 to $80000 spent)
  • 1.5 points per $1 spent (on $80001 and more spent)
  • +0.5 points on purchase volumes in foreign currencies
  • +1.5 points per dollar spent on flights and vacation packages at the la carte Travel agency.

Note: Accelerated accumulation based on net purchase volume over 12 months from the date at which the account was opened

Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
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 No
Virtual Cards No
Additional Benefits
  • Up to $250 each year in "savvy traveller" fee rebates on airport parking, seat selection and check-in fees
  • Free access (with one guest) to the National Bank Lounge at Montreal-Trudeau airport
  • Trip Cancellation and Interruption Insurance
  • Flight delay insurance
  • Baggage insurance
  • Baggage delay insurance
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
Additional comments
Terms & Conditions Official Terms & Conditions
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