National Bank World Elite

The National Bank World Elite card earns À la carte rewards points on all purchases and is available to individuals in Canada.

This card has a total of $250 annual travel credits and grants access to the National Bank lounge in the Montreal Trudeau Airport international terminal.

Read our full review here.

Interested in applying for the National Bank World Elite card? Earn an additional $75 cash back through Frugal Flyer Rebates.

Earning Rewards

The National Bank World Elite credit card earns À la carte rewards points for all purchases made on the card:

  • 1.5 À la carte rewards points for every dollar spent on the first $40,000 in purchases during a cardholder year.
  • 2 À la carte rewards points for every dollar spent in between $40,000 and $80,000 in net spend during a cardholder year.
  • 1.5 À la carte rewards points for every dollar spent on any purchases once the cardholder has spent $80,000 during a cardholder year.

This card earns À la carte rewards points based on the net spending on the card during the cardholder year. This card earns the most points per dollar spent on the $40,000 in spending between $40,000 and $80,000 total in net spend.

Redeeming Rewards

À la carte rewards points can be redeemed via their rewards portal.

Points can be redeemed towards:

  • Travel purchases that have been booked with the À la carte rewards travel agency. Points can be redeemed at a rate of 1 cent per point (10,000 points = $100).
  • Travel purchases that have been booked on your own externally. Points can be redeemed at a rate of 0.833 cents per point (12,000 points = $100) and the value increases the more points you redeem (up to 0.909 cents per point for a $500 redemption).
  • Statement credit. Points can be redeemed at a rate of 0.4 cents per point (25,000 points = $100).
  • Contribute to a National Bank TFSA or RRSP. Points can be redeemed at a rate of 0.833 cents per point (12,000 points = $100).
  • Gift cards and merchandise. Points can be redeemed at various rates for these redemptions.

The best value for your À la carte rewards points is to redeem them against travel purchases made through the À la carte rewards travel agency. A close second is to redeem them against travel you have booked on your own.

Benefits

National Bank World Elite cardholders are eligible to receive multiple travel credits totaling $250 in annual rebates. The $250 in travel credits are composed of:

  • $100 in airport parking credits
  • $100 in baggage fee credits
  • $50 in seat selection credits

These travel credits are awarded based on the calendar year, and thus, need to be utilized during the year in which they were issued. To redeem, the cardholder needs to log in to their National Bank account and access the “Travel Expenses” tab in the rewards portal.

Cardholders also receive complimentary access to the National Bank VIP airport lounge at Montreal Trudeau Airport (YUL). The lounge is located in the international terminal. This benefit entitles the cardholder, one guest, and two children 12 and under access to the lounge. Learn more about the National Bank VIP Lounge.

National Bank World Elite Mastercard cardholders are eligible to sign up for free Boingo WiFi at over one million hotspots worldwide. Through Boingo, you are also able to access free in-flight WiFi on WestJet flights.

Insurance Coverage

The National Bank World Elite card offers nine types of insurance coverage:

  • Trip cancellation insurance
  • Trip interruption insurance
  • Out-of-province medical and hospital coverage
  • Flight delay insurance
  • Delayed baggage insurance
  • Theft or loss of baggage coverage
  • Rental car insurance
  • Purchase protection
  • Extended warranty coverage

Refer to the National Bank World Elite card insurance certificate for additional details, including terms and conditions for eligibility.

Other A la Carte Rewards Cards You Might Consider

Credit Card Welcome Bonus Net Value
National Bank Platinum 20,000 À la carte Rewards $200 Apply
National Bank World 0 À la carte Rewards $0 Apply

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2 comments on “National Bank World Elite

  1. Travel purchases that have been booked on your own externally. Points can be redeemed at a rate of 0.833 cents per point (12,000 points = $100) and the value increases the more points you redeem (up to 0.909 cents per point for a $500 redemption).
    Statement credit. Points can be redeemed at a rate of 0.4 cents per point (25,000 points = $100).
    Contribute to a National Bank TFSA or RRSP. Points can be redeemed at a rate of 0.083 cents per point (12,000 points = $100).

    How can TFSA/RRSP’s value be 0.083cpp if the exchange rate (12,000 points = $100) is the same as that of non-À la carte rewards portal travel purchases?

    Reply