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National Bank World Mastercard review

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National Bank World Mastercard
Welcome Offer
N/A
Rewards
Up to 2 points
Annual Fee
$115
Purchase Interest Rate
20.99%
Cash Advance Rate
22.49%
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Summary

Earn comprehensive benefits and a decent return on points with the premium National Bank World Mastercard travel card.

Earn up to 2 points for every $1 you spend when you spend over $20,000 per year (and 1.25 points for every $1 before that).

In this guide

  • Review
  • Frequently asked questions
  • Your reviews

Earn up to 2 points for every $1 you spend when you spend over $20,000 per year (and 1.25 points for every $1 before that). You’ll also qualify for comprehensive travel benefits and a generous welcome bonus when you sign up.

30-second take

  • Think about the National Bank World Mastercard if you want a decent return on travel points and comprehensive travel insurance.
  • Choose something else if you’d rather collect frequent flyer miles or you don’t want to pay an annual fee.
  • Your minimum annual income needs to be $60,000, or you should have a household income of $100,000 to qualify.

The basics

Whether you’re planning a short business trip or an all-inclusive tropical vacation, the National Bank World Mastercard could help you get to your next destination faster.

  • High return. Earn up to 2 points for every $1 you spend when you spend over $20,000 per year (and 1.25 points for every $1 before that). Any annual spend higher than $30,001 will then earn 1.25 points per $1 spent.
  • Purchase protection. Protect the items you buy on your card with extended warranty and insurance coverage.
  • Travel insurance.
Coverage typeAmount
Travel medicalUp to $5,000,000 per person
Trip cancellationUp to $2,500
Trip interruptionUp to $5,000
Flight delayUp to $500
Baggage delayUp to $500
Baggage insurance (theft or damage)Up to $1,000

The perks

  • Car rental insurance. Get car rental insurance whenever you rent a vehicle in Canada or the US using your credit card.
  • Zero-liability coverage. Protect yourself against fraudulent charges on your account with zero-liability insurance.
  • Special travel agency. Save on vacation packages and airline tickets when you redeem your points through National Bank‘s À la carte online travel agency.
  • Flexible rewards. Get flexible rewards when you redeem your points for travel, merchandise, gift cards, banking products and more.

What to watch out for

  • High annual fee. The fee for this card is $115 per year.
  • High interest. You’ll pay 20.99% interest on outstanding balances and 22.49% for cash advances.
  • Low points value. The points you earn won’t be worth as much as other frequent flyer and travel rewards programs.
  • Fee for additional cards. There’s an added fee of $35 for every extra card you take out.
  • Difficult to qualify. The minimum income to get approved for this card is $60,000 or $100,000 as a household income.

National Bank World Mastercard interest rates

Interest TypeInterest Rate
Purchase interest rate20.99%
Cash advance rate22.49%
Standard balance transfer rate22.49%

What should I know before I apply?

Eligibility requirements

To apply for a National Bank World Mastercard, you need to meet the following criteria:

  • Be a Canadian citizen or permanent resident with the age of majority in the province of residence.
  • Have a minimum annual income of $60,000 or a household income of $100,000

Required documents and information

  • Your name, residential status and contact information
  • Your social insurance number (SIN) and date of birth
  • Your email address and phone number

How to apply for the National Bank World Mastercard

  1. Click the ‘Go to site’ button above or use this secure link to be securely redirected to the online application.
  2. Complete the application, which includes providing your name, email address, social insurance number and birth date.
  3. Review and submit your application.

Compare other credit cards

1 - 10 of 42
Name Product CACCF Welcome Offer Rewards Purchase Interest Rate Annual Fee Min. Credit Score Description
RBC Cash Back Mastercard
N/A
Up to 2% cash back
20.99%
$0
Min. recommended credit score: 650
Get up to 2% unlimited cash back on grocery store purchases, and up to 1% cash back on all other qualifying purchases and pre-authorized payments.
Neo Credit Mastercard
Get $25.00 + up to 15% cash back
Up to 5% cash back
19.99% - 29.99%
$0
Min. recommended credit score: 710
Get $25 when you sign up for the Neo Financial Mastercard. Plus, earn bonuses like 15% cashback on your first purchase at most partners, and earn an average of 5% cashback at partner stores and at least 1% cashback guaranteed.
RBC ION Visa
6,000 points
1.5 points per $1 spent
20.99%
$0
Min. recommended credit score: 660
Get 6,000 Avion points when you get approved for the card.
Tangerine World Mastercard
10% cash back
Up to 2% cash back
19.95%
$0
Min. recommended credit score: 600
Earn 10% cash back (up to $100) when you spend $1,000 in the first 2 months. Valid until October 31, 2024. Plus, get a 1.95% interest rate on balance transfers for the first 6 months.
American Express Cobalt Card
15,000 points
Up to 5x points per $1 spent
21.99%
$155.88
Min. recommended credit score: 700
Earn up to 15,000 Membership Rewards points in your first year. Earn 1,250 Membership Rewards points for each monthly billing period in which you spend $750 in purchases. That’s up to $150 towards a weekend getaway or concert tickets.
BMO CashBack Mastercard
5% cash back
Up to 3% cash back
20.99%
$0
Min. recommended credit score: 660
Get 5% cash back on all eligible purchases in the first three months of card membership (up to max. spend of $2,500). Plus, get a rate of 0.99% on balance transfers for 9 months. A 2% fee applies to transferred balances.
Tangerine Money-Back Credit Card
10% cash back
Up to 2% cash back
19.95%
$0
Min. recommended credit score: 600
Earn 10% cash back (up to $100) when you spend $1,000 in the first 2 months. Valid until October 31, 2024. Plus, get a 1.95% interest rate on balance transfers for the first 6 months.
RBC Avion Visa Infinite
55,000 points
Up to 1 point per $1 spent
20.99%
$120
Min. recommended credit score: 650
Get up to 55,000 Welcome Points. Get 35,000 Welcome Points on approval and 20,000 bonus points when you spend $5,000 in your first 6 months. Apply by November 25, 2024.
BMO eclipse rise Visa Card
25,000
Up to 5 points per $2 spent
20.99%
$0
Min. recommended credit score: 660
Earn up to 25,000 bonus points.
RBC ION+ Visa
12,000 points
3 points per $1 spent
20.99%
$48
Min. recommended credit score: 660
Get 12,000 Avion points when you get approved for the card.
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Bottom line

The National Bank World Mastercard is a travel rewards card designed for frequent flyers. It offers a chance to earn up cash back in addition to the points you’ll earn for purchases. You’ll also qualify for comprehensive travel insurance and other perks like car rental insurance and purchase protection when you sign up.

Frequently asked questions

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