35,000 National Bank rewards
$400
First-year value
35,000
National Bank rewards
$150
Annual fee
Based on minimum spend to earn the full welcome bonus and Prince of Travel's valuation of National Bank rewards at 1 cent per point.
5,000 National Bank rewards upon spending $5,000 in the first three months
10,000 National Bank rewards upon spending $20,000 in the first year
10,000 points when you enrol in credit card payment insurance and keep it for at least the first three months
10,000 points when you open your first eligible National Bank chequing account within 14 days of applying and keep it open for at least 180 days
Total of up to 35,000 National Bank rewards
Offer ends March 31, 2027
Groceries & Dining
Gas, EV Charging, Bills & Travel
Everything Else
Last updated: November 6, 2026
The National Bank® World Elite® Mastercard® is an excellent card for travel insurance, where it's in a class of its own. With annual credits to offset the annual fee, it's a great premium keeper card.
This card will especially be of interest to those that are older or anyone who enjoys longer trips, due to its generous emergency medical coverage.
The National Bank® World Elite® Mastercard® is currently offering a welcome bonus of up to 35,000 À la carte Rewards points until March 31, 2027:
The card has an annual fee of $150, and there's a $50 fee for each authorized user added to your account.
The National Bank® World Elite® Mastercard® has a rewards structure that varies based on the amount of money you've spent on the card:
Welcome bonus history is for Members
See how this card’s welcome offers have evolved over time.
35,000 National Bank rewards
Last updated: November 6, 2026
National Bank's À la carte Rewards points can be redeemed through their online travel booking portal. Through this method, points have a fixed value of 1 cent per point.
In the portal, you can book travel, or you can redeem points for a statement credit against travel expenses booked directly with vendors.
Note that offsetting the cost of travel not booked through rewards points reduces the value of the points. If you redeem fewer than 55,000 points, you'll get 0.83 cents per point, and if you redeem more than 55,000 points, you'll get 0.91 cents per point.
While having to book through a portal isn’t the most flexible redemption option for maximizing value, it is still the best use of your points. Outside of travel, you'll get 0.83 cents per point when you put points towards a National Bank RRSP, TFSA, or FHSA through À la carte Extras, while paying down your card balance takes 25,000 points for $100, which is only 0.4 cents per point.
Your National Bank rewards points never expire as long as you remain a cardholder.
The card provides a $150 annual travel credit, which can be applied to a range of travel expenses:
Cardholders also have unlimited access to the National Bank Lounge at Montréal Pierre Elliott Trudeau International Airport for themselves, one additional guest, and two children aged 12 or under per visit. The lounge is available for passengers departing from the international terminal.
The National Bank® World Elite® Mastercard® provides outstanding insurance coverage.
In particular, its trip cancellation, trip interruption and flight delay coverage applies when a portion or the entire cost of the trip is charged to the card.
The card also offers fantastic emergency medical insurance when travelling. Cardholders are covered for up to $5,000,000 in damages, for trips up to 60 days, up to age 75.
Additionally, the card has industry-leading purchase protection. The extended warranty and purchase protection periods are double what many competitors offer, with up to two additional years for extended warranty and up to 180 days of protection against stolen or damaged merchandise.
Mobile device insurance is also a benefit of the card, as long the purchase and your monthly payments are charged to the card. You'll get coverage up to $1,000 in the event of breakage, loss, or theft for up to two years after the purchase date.
