Welcome bonus
New cardmembers can earn up to 33,000 points + first-year fee savings + banking bonus points, worth roughly $250, by completing the steps below.
How to earn it
- 5,000 points$5,000 in net purchases within first 3 months
- 10,000 points$20,000 in net purchases within first 12 months
- 10,000 pointsEnroll in credit insurance for at least 90 days
- 10,000 pointsOpen eligible National Bank chequing account within 7 days and maintain good standing
- Annual fee rebate (Year 1)Account kept in good standing
New World Mastercard cardholders who meet income requirements and have not held a National Bank Mastercard in the past 24 months
Offer ends 2026-05-31.
How you earn
- Earn up to 2 points per $1 on eligible purchases
- Accelerated earn structure applies based on monthly spend tiers and category eligibility
- Points are earned in the National Bank À la carte Rewards program (not cashback)
- Points can be redeemed for travel, statement credit, merchandise, or financial products
- Higher value redemption is typically achieved through travel bookings via the bank’s reward platform
- No separate reward currency outside À la carte Rewards ecosystem
Built-in perks & coverage
Comprehensive travel insurance (up to 60 days)
Includes travel medical, trip cancellation/interruption, baggage loss, and car rental insurance coverage for eligible trips.
Travel redemption optimization via À la carte Rewards
Points provide higher value when redeemed through National Bank’s travel agency or travel booking system.
Extended warranty protection
Extends manufacturer warranty on eligible purchases for up to 2 additional years.
Flexible rewards usage
Points can be used for travel discounts, statement credits, merchandise, and financial products through the À la carte Rewards ecosystem.
Dedicated rewards store access
Access to National Bank’s online rewards store offering merchandise and experiences from partner brands.
Fraud protection and Zero Liability coverage
Standard Mastercard protections against unauthorized transactions under qualifying conditions.
Mobile payment compatibility
Supports Apple Pay and Google Pay for contactless and digital wallet transactions.
The verdict
What we like
- Earn up to 2 points per $1 on eligible purchases with tiered acceleration
- Strong travel insurance coverage (up to 60 days depending on age and trip type)
- Access to À la carte Rewards ecosystem (travel, statement credit, merchandise, financial products)
- Purchase protection and extended warranty coverage included
- Lower income requirement than World Elite ($50K individual / $80K household)
Worth noting
- Annual fee of $115 reduces value for low-spend users
- 2.5% foreign transaction fee makes it weak for international spending
- Rewards are not fixed-value (CPP varies depending on redemption method)
- Lower earn rates compared to World Elite Mastercard
- Tiered earning structure limits accelerated rewards compared to premium cards
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