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National Bank World Elite Mastercard Review

Posted on April 21, 2024April 21, 2024 by Canadian Credit Card Guide

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Sign Up Bonus

There is no current sign up offer for this credit card.

The last offer ended on January 31, 2024 with a bonus of 67,000 to 187,000 points for spending $30,000 across two annual fee periods.

Benefits

The insurance benefits of holding the credit card are:

  • Travel Medical Insurance
  • Trip Cancellation Insurance
  • Trip Interruption Insurance
  • Flight Delay Insurance
  • Baggage Delay Insurance
  • Lost Baggage Insurance
  • Hotel Burglary Insurance
  • Travel Accident Insurance
  • Car Rental Insurance
  • Mobile Device Insurance
  • Extended Warranty Insurance
  • Purchase Protection Insurance

The lounge benefits of holding the credit card are:

  • Unlimited access to the National Bank Lounge at Montreal-Trudeau airport.

The travel benefits of holding the credit card are:

  • $150 annual travel credit

Earning Points

You will earn:

  • 5 points for every $1 spent on groceries and dining.
  • 2 points for every $1 spent on gas, electric vehicle charging, National Bank travel agency and recurring bill payments.
  • 1 point for every $1 spent on all other categories.

Fees

Annual fee of $150.

Supplementary card fee of $50.

There is a 2.5% foreign transaction fee on this credit card.

Summary

The National Bank World Elite Mastercard is a great keeper card, with the $150 travel credit every year that brings the annual fee to $0. However, the lack of a current sign up bonus is disappointing.

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