$0 annual fee for the first year ($150 thereafter)
Annual Fee
Up to 5 points
Rewards
Earn up to 70,000 points and pay no annual fee the first year. Plus, get $150 of your travel fees refunded and enjoy unlimited access with a guest to the National BankLounge. Valid until June 30, 2023. It also comes with a generous return on rewards, comprehensive travel insurance and a handful of exclusive travel perks.
30-second take
Think about the National Bank World Elite Mastercard if you want comprehensive travel insurance and the chance to earn cash back in your first year.
Choose something else if you’d rather collect frequent flyer miles from a specific program or you don’t want to pay an annual fee.
Your minimum annual income needs to be $80,000, or you should have a household income of $150,000 to qualify.
The basics
If you’re looking for a premium travel card that will help save you money and give you peace of mind on your next trip, you should check out the National Bank World Elite Mastercard.
High return. Earn up to 5 points in groceries and restaurants, 2 points on gas and bill payments and 1 point for every $1 on all other purchases.
Welcome offer. Earn up to 70,000 points and pay no annual fee the first year. Plus, get $150 of your travel fees refunded and enjoy unlimited access with a guest to the National BankLounge. Valid until June 30, 2023.
Extended warranty. Get up to two years in extended warranty coverage on any items you buy with your card.
Purchase protection. Lock in purchase protection for up to 180 days to protect against theft or damage on any product you buy with your credit card.
Travel perks. Qualify for refunds on extras like seat selections and baggage fees, and relax in style with unlimited VIP access to the National Bank lounge in the Montreal airport.
Travel insurance. Cash in on up to 60 days of travel medical insurance per trip, along with other travel benefits outlined below:
Coverage type
Amount
Travel medical
Up to $5,000,000 per person
Trip cancellation
Up to $2,500
Trip interruption
Up to $5,000
Flight delay
Up to $500
Baggage delay
Up to $500
Baggage insurance (theft or damage)
Up to $1,000
The perks
Car rental insurance. Get insurance coverage in North America when you hit the road in any rental vehicle that you pay for with your card
Zero-liability coverage. Cover yourself against any losses related to fraudulent charges on your account with zero-liability insurance.
Special travel agency. Get special discounts on vacation packages and airline tickets when you cash your points in with National Bank‘s À la carte Rewards online travel agency.
Flexible rewards. Take advantage of 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 $150 per year.
High interest. You’ll be on the hook to pay 20.99% interest on outstanding balances and 22.49% for cash advances.
Low points value. The value of National Bank‘s travel points is lower than what’s on offer with other frequent flyer and travel rewards programs.
Fee for additional cards. You’ll have to pay an additional $50 for every extra card you take out.
Difficult to qualify. The minimum income to get approved for this card is $80,000 or $150,000 as a household income.
National Bank World Elite Mastercard interest rates
Interest Type
Interest Rate
Purchase interest rate
20.99%
Cash advance rate
22.49%
Standard balance transfer rate
22.49%
What should I know before I apply?
Eligibility requirements
To apply for a National Bank World Elite Mastercard, you need to meet the following criteria:
Be a Canadian citizen or permanent resident who is at least 18 years old (19 in some provinces)
Have a minimum annual income of $80,000 or a household income of $150,000
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
Click the ‘Go to site’ button above or use this secure link to be securely redirected to the online application.
Complete the application, which includes providing your name, email address, social insurance number and birth date.
Review and submit your application.
Compare other credit cards
Bottom line
The National Bank World Elite Mastercard is a travel rewards card designed for frequent flyers. It offers a chance to earn cash back, in addition to the points you’ll earn for making purchases. You’ll also qualify for comprehensive travel insurance and other perks like car rental insurance and purchase protection when you sign up.
National Bank World Elite Mastercard FAQs
No, unfortunately the National Bank World Elite Mastercard doesn't have a welcome offer at this moment.
Earn up to 70,000 points and pay no annual fee the first year. Plus, get $150 of your travel fees refunded and enjoy unlimited access with a guest to the National BankLounge. Valid until June 30, 2023.
No, your points will continue to hold value as long as your account is active and in good standing.
Claire Horwood is a writer at Finder, specializing in credit cards, loans and other financial products. She has a Bachelor of Arts in Gender Studies from the University of Victoria, and an Associate’s Degree in Science from Camosun College. Much of Claire’s coursework has focused on writing and statistics, with a healthy dose of social and cultural analysis mixed in for good measure. In her spare time, Claire enjoys rock climbing, travelling and drinking inordinate amounts of coffee.
How likely would you be to recommend finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Advertiser Disclosure
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.