National Bank World Elite Mastercard
Last updated:
$150/year
Earn up to 40,000 bonus points
Earn 40,000 bonus points when you spend $3,000 in the first 3 months.
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Key Details
Annual Fee
$150
Network
mastercard
Credit Required
good, excellent
Reward Type
points, travel
Rewards Earn Rates
5x
Groceries
1x
Gas
5x
Dining
1x
Travel
1x
Everything Else
Highlights
- $150 annual fee
- 5 points per $1 on groceries and dining
- 2 points on transit and recurring bills
- 1 point on everything else
Pros & Cons
Pros
- + Excellent 5x on groceries and dining
- + World Elite Mastercard benefits
- + Good travel insurance
- + Accepted at Costco (Mastercard)
Cons
- – $150 annual fee
- – National Bank less widespread
- – $80,000 minimum income
- – Points tied to National Bank ecosystem
Who Is This Card For?
The National Bank World Elite Mastercard is best suited for Canadians who prioritize travel, groceries, dining spending. At $150/year, it's worth it for those who spend enough in bonus categories to offset the fee.
Benefits Breakdown
Lounge Access
Mastercard Airport Experiences (LoungeKey)
Extended Warranty
Purchase Protection
Rental Car Insurance
Insurance Coverage Details
Ways to Reduce the Annual Fee
- Ask for first-year fee waiver when applying
- Bundle with National Bank banking for potential fee discounts
Multi-Card Strategy
Strong Mastercard option for groceries and dining - works at Costco. Pair with a no-FX-fee card for travel abroad.
See full multi-card strategies →Is this card worth it for you?
Use our rewards estimator to see how much you'd earn based on your spending.
Frequently Asked Questions
Ready to Apply?
Visit the issuer's website to confirm current terms and apply.
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Sources
Last verified: 2026-03-01. Offers and terms can change. Always confirm details on the issuer's website before applying.