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, along with 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. She has also worked extensively in the field of "Blended Finance" with the Canadian government. In her spare time, Claire loves rock climbing, travelling and drinking inordinate amounts of coffee.
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 this card 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 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 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.
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 and date of birth
Your email address and phone number
How to apply
Click the ‘Go to site’ button above 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 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 about the National Bank World Mastercard
No, unfortunately the National Bank World Mastercard doesn’t have a welcome offer at this moment.
You’ll be able to earn points based on how much money you spend. The amount you’ll earn each year will depend on your net spending over the previous year.
In your first year, you’ll earn 1.25 points per dollar. If you spend over $20,000, you'll earn 2 points per dollar in the following year (up to $30,000).
No, your points will continue to hold value as long as your account is active and in good standing.
Yes, you can apply by visiting the National Bank website.
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.