9 reasons to apply for the National Bank World Elite Mastercard® in 2024

Updated Sep 17, 2024
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To the point Here are 9 reasons to apply for the National Bank World Elite Mastercard®, one of the best credit cards for travellers.

#1- One of the Best World Elite cards for travel

The National Bank World Elite Mastercard is one of the best World Elite Mastercard credit cards. With travel back in full swing, it’s an excellent time to get it and benefit from its advantages (and be covered by its insurance).

#2- $150 Annual Travel Credit

With the National Bank World Elite Mastercard, you get up to $150 annual credit toward specific travel expenses. Every year!

The following are eligible expenses:

  • Airport parking
  • Baggage fees
  • Seat selection
  • Access to airport lounges
  • Flight upgrades
Car Park

#3 - Unlimited Access to the National Bank Lounge

With the National Bank World Elite Mastercard, you have unlimited complimentary access to the National Bank Lounge at Montreal-Trudeau (YUL).

This benefit is valid for the main cardholder as well as an additional traveller. And up to two children.

What’s more, you can enjoy paid access to many DragonPass lounges around the world.

NBC Featured 2

#4 - Between 1 and 5 points per dollar

With the National Bank World Elite Mastercard, you can earn up to 5 points on every dollar spent:

Category Points
Grocery and Restaurant 5*
Gas and electric recharging 2
Recurring bill 2
À la carte Travel 2
Other purchase 1

For the Grocery and Restaurant category, you can earn 5 points per dollar up to $2,500 in total monthly purchases charged to the card.

Once you reach $2,500 in monthly purchases, you will earn 2 points per dollar on the Grocery and Restaurant category. This is still very good compared to other cards that only offer 1 point per dollar after the threshold is reached.

And don’t forget that grocery stores are great places to buy gift cards for many other retailers (and earn up to 5 points per dollar)!

Costco Warehouse

#5 - Points for Airbnb and other rewards

With the National Bank World Elite Mastercard, you can use your points for various rewards, such as travel rebates, like Airbnb apartment rentals, or SAQ gift cards.

The best way to redeem points is to book your trip with NBC À La Carte, an online travel agency: you get a $100 credit for every 10,000 points redeemed.

Rewards Points for $100
Exchange with dedicated NBC À la carte Travel agency 10,000
Flexible travel discount
(from 55,000 points redeemed)
11,000
Flexible travel discount 12,000
Extras à la carte
RRSP or TFSA contribution
Repayment of all-in-one line of mortgage or mortgage loan
12,000
Gift card 12,000 – 13,500
Statement credit 25,000
Best Tips for Finding Your Airbnb Rental
Airbnb - New Zealand

#6 - The best insurance for your purchases

With the National Bank World Elite Mastercard®, you have the best credit card for travel. travel insurance:

  • Travel Medical Insurance (outside province of residence)
  • Trip Cancellation / Trip Interruption Insurance
  • Insurance in case of theft or loss of luggage
  • Flight delay insurance
  • Insurance in case of baggage delay
  • Car Rental Insurance

Travel Medical Insurance can cover up to 60 days of travel (depending on your age). And Trip Cancellation/Trip Interruption Insurance covers you even if you only charge a portion of the trip’s cost to your card. Where other credit cards require that the entire trip has been paid with!

It’s convenient when you pay for part of your trip with your Aeroplan or Avios points and only the taxes with your credit card.

Qantas Famille.jpg.

#7 - The best insurance for your purchases

With the National Bank World Elite Mastercard, you have the best credit card for insurance purchases:

  • Insurance against theft or breakage for 180 days (i.e. 6 months from the date of purchase)
  • Possibility of tripling the manufacturer’s warranty (up to 2 additional years)
  • Mobile Device Insurance (up to 2 years)

Most other credit cards in Canada only cover 90 days and 1 additional year. There is no need to buy an extended warranty for the appliances you’ve paid with this Card!

Washing Machine
Washing Machine

For more details on the card and its insurance, see this article:

#8 - An award-winning credit card

We voted the National Bank World Elite Mastercard the best travel credit card and the best credit card for insurance in 2023 and 2024.

#9 - A great welcome offer

The National Bank World Elite Mastercard® is NBC’s best Mastercard credit card. With the current welcome offer, receive up to 35,000 bonus points distributed as follows:

  • 10,000 points if you make at least $5,000 in purchases in the first 3 months
  • 10,000 points if you make at least $10,000 in purchases in the first 6 months
  • 15,000 points if you make at least $20,000 in purchases in the first 14 months

What’s more, you pay no annual fee for the first year.

With this card, you earn up to 5 points per dollar on your purchases:

  • 5 points per dollar on grocery and restaurant purchases
  • 2 points per dollar on gas and electric recharge purchases
  • 2 points per dollar on recurring bills
  • 2 points per dollar on À la carte Travel
  • 1 point per dollar on all other purchases

And since it’s a National Bank Mastercard credit card, you can use it at Costco.

With this card, you have access to a $150 annual travel credit that you can use in any of these categories:

  • Airport parking
  • Baggage fees
  • Seat selection
  • Access to airport lounges
  • Flight upgrades

In addition, you can enjoy access to DragonPass airport lounges and free Wi-Fi with Boingo. And unlimited access to the National Bank Lounge at Montreal-Trudeau.

Finally, Milesopedia voted the National Bank World Elite Mastercard® the Best Travel Credit Card and the Best Credit Card for Insurance in 2023 and 2024.

Bottom Line

Here are 9 reasons why now is the best time to apply for the National Bank World Elite Mastercard®.

We could add Mastercard’s Priceless Cities service or that NBC has been ranked 1st among credit card issuing institutions regarding customer experience (Forrester 2021 CX Index).

Either way: in 2024-2025, long live travel with benefits with one of the best credit cards for travelers!

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Jean-Maximilien Voisine

Jean-Maximilien Voisine

Jean-Maximilien Voisine
Jean-Maximilien is an expert in Canada and France about Loyalty programs, Credit cards and Travel. He is the Founding President of Milesopedia.
All posts by Jean-Maximilien Voisine
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