How to Apply National Bank World Elite Mastercard

The World Elite Mastercard offered by National Bank provides cardholders with a range of exclusive benefits and the opportunity to earn rewards points. With this card, users can earn up to 5 rewards points per dollar spent on certain categories.

The card carries an annual fee of $150 and has a purchase rate of 20.99% with a 22.49% interest rate for cash loan and balance transfers.

But before we dig into the benefits and perks offered by this card, let’s take a quick look at the financial Institution issuing the credit card.

National Bank background and profile

The National Bank of Canada is the sixth-largest financial institution in Canada and maintains a solid position as the primary financial institution serving customers in Quebec. The audacious attitude, entrepreneurial energy, and genuine concern for customers are the distinguishing characteristics of this bank.

They provide a comprehensive selection of financial services to people, businesses, and customers with specialized requirements, not just in Canada but also everywhere in the world. In addition to conventional banking and insurance services, they also offer cutting-edge solutions for wealth management and investment management.

Since its founding in 1859, the organization’s primary objective has been to have a constructive effect on the lives of individuals. They put a strong emphasis on developing long-lasting relationships with the people they serve, including customers, employees, and shareholders.

They place a significant emphasis on environmental responsibility in their work. Furthermore, they have demonstrated their dedication to the health and happiness of future generations by making pledges to various environmental, social, and governance (ESG) projects.

Benefits of National Bank World Elite Mastercard

The National Bank World Elite Mastercard comes with an array of travel benefits, including travel insurance, exclusive access to the National Bank Lounge at Montréal-Trudeau Airport, and a refund of up to $150 per year on specific travel expenses. Additionally, the card offers extended warranties on purchases, ensuring that cardholders get more value from their spending. 

Here is a detailed list of its main benefits.

Reward Points Accumulation

Earn up to 5 rewards points per dollar spent on certain categories, such as groceries and restaurants.
Points can be redeemed for items, gift cards, travel discounts, and more.

Travel Benefits

Unlimited access to the National Bank Lounge at Montréal-Trudeau Airport.
A refund of up to $150 per year on specific travel expenses, including seat selection and airport parking.

Travel Insurance

Comprehensive travel insurance coverage, including out-of-province medical/hospital insurance, flight cancellation or trip interruption insurance, delayed flight, stolen luggage insurance, and more.

Extended Warranty

Cardholders can get up to triple the manufacturer’s warranty for most items purchased using the credit card, extending the warranty for up to 2 additional years.

Mobile Device Insurance

Coverage of up to $1,000 in the event of accidental breakage, loss, or theft of mobile devices for a maximum of 2 years after the purchase date.

Security and Convenience

Contactless payments with Apple Pay and Google Pay.
Enhanced security with Mastercard ID CheckTM and fraud protection.

Here’s how you can cash your rewards:

Online Boutique

Cardholders can redeem their points for items, gift cards, travel discounts, and more in the online boutique associated with the card.

Travel Deals with À la carte Rewards™

Cardholders have the freedom to travel with the agency and airline of their choice.
They can save on vacation packages and airline tickets when redeeming points through the À la carte Travel™ online agency. This also includes planning entire trips with hotel and cruise bookings, car rentals, and more.

À la carte Extras

Cardholders can invest in financial products, save on banking packages, or even pay their mortgage using their rewards points thanks to the À la carte Extras® feature.

Pay with Rewards Points

One of the most direct ways to cash rewards is by using points to pay off the credit card balance. This can be done directly within the cardholder’s online bank.

Travel Fee Reimbursement

Cardholders can get reimbursements for specific travel expenses, such as airport parking fees, baggage fees, seat selection fees, airline ticket upgrades, and more. 

To avail of this, cardholders need to submit the required documents within a given deadline.

Who’s eligible for the National Bank World Elite Mastercard

To be eligible for this card, applicants should have: 

• The age of majority in the state, province, or territory in which you currently reside.
• Must have a legal status as a resident of Canada.
• A minimum gross annual income of $80,000 individually or $150,000 in total family income
  or
  $25,000 must be charged on the card each and every year at minimum (exclusively for our current customers).
  or
  Investable assets in the amount of $400,000

How to obtain the National Bank World Elite Mastercard

This table provides a clear overview of the steps to apply for a National Bank credit card, whether you’re an existing client or not.

For National Bank clients

1. Visit the page dedicated to credit cards.
2. Choose the credit card that best fits your needs, and then click the Apply now button.
3. First, log into your online banking account, and then follow the on-screen instructions.

For Non-National Bank clients

1. Visit the page dedicated to credit cards.
2. Choose the credit card that best fits your needs, and then click the Apply now button.
3. Simply enter the required information, and follow the on-screen steps so that to verify your identity.

Our Opinion

We believe The National Bank World Elite Mastercard is tailored for those who travel frequently, offering exclusive lounge access and travel insurance benefits. We liked the rewards’ system, and we think is robust, allowing cardholders to earn points on a variety of everyday purchases.

In addition to that, additional protections, like mobile device insurance and extended warranties, add value to the card. Finally, the card has been recognized with awards in 2023, including “Best travel credit card” and “Best credit card for travel insurance,” showcasing its value in the market.