World Elite Mastercard National Bank Credit Card

World Elite Mastercard National Bank Credit Card

Annual Fee
$150 1st Year Free  
Interest Rate
19.99%   
Min Income
80K    
Apply Now on National Bank's
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Offer Details

  • From August 6 to November 11, 2018, you can earn 25% more points or cashback (as applicable) when you buy gas at our partner Ultramar.

  • Earn up to 2.5 points on ALL card purchases* without restrictions!

  • Get up to 3.5 points for each dollar you spend on flights and vacation packages at the online travel agency. — À la carte Travel — powered by Transat.

  • Up to $250 in Elite traveller fee rebates!

  • Out-of-province-of-residence medical/hospital insurance

  • Trip cancellation/interruption, flight delay and baggage inssurance

  • Rental vehicle insurance

  • Travel assistance service

  • Purchase protection in case of theft or damage

  • Extended Warranty

  • Concierge service

Our Rating:

Card Facts

Network: MasterCard
Institution: National Bank
Card Type: Rewards, Balance transfer
Reward Types: Travel
Reward Point Value: $0.008

Fees & Interest

Purchase Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%%
Balance Transfer Interest Rate: 22.99%%
First Year Annual Fee: $0
Annual Fee After First Year: $150

Eligibility

Personal Income: $80000
Household Income: $150000
Credit Needed: Excellent

Insurance

Travel Accident: Included
Travel Cancelation: Included
Travel Medical: Included
Travel Intrerruption: Included
Flight Delay: Included
Baggage: Included
Rental Vehicle: Included

The World Elite Mastercard National Bank CAD currency credit card is issued by National Bank and runs on the MasterCard Network.

The MasterCard Network is one of the largest proprietary global electronic payment network similar in size to Visa. They offer credit, debit, or prepaid cards many times co-branded with other companies such as financial institutions since MasterCard does not have the capability to underwrite credit or offer deposit accounts on their own.

The purchase interest rate for this credit card is: 19.99% percent annually. The transfer balance interest rate is: 22.99% per year. Also the cash advance rate is: 22.99% per year.

Travel accident insurance is included on this card. Travel accident insurance is a policy specialized for travel accidents that could occur when traveling abroad. Travel accident policies can cover your family while purchasing tickets on common transportation carriers such as airplanes, buses, boats and trains on your credit card.

Travel cancelation insurance is also included on this credit card. A travel cancelation policy protects you in cases when a trip is canceled before it starts. Normally the policy kicks in when you book your flight up to the time of departure (from your home airport). Then it kicks in again until your scheduled departure to return home. After the departure date the policy is no longer available.

Travel interruption insurance is also included on this card. This type of insurance also referred to as trip delay insurance, applies in situations when you have to change flights after your initial departure date. Therefore this policy runs during your trip (from the departure to return date) and can be used when a trip has to be cut short or extended.

Travel medical insurance is included on this card. This type of insurance policy protects you and your family in the event that you need to receive urgent medical care while you are traveling. Expenses such as transportation fees, hospital stays, doctor's bills, prescriptions and many other medical situation can be incurred by booking trips on this credit card.

Flight delay insurance is also included on this card. This policy provides coverage in case your flight is delayed and you incur costs related to this unexpected event. Most cards only cover you up to a fixed amount per day that can be used towards meals and accommodations.

Delayed baggage insurance is included on this card. As it can be guessed from the name, this type of insurance protects travels against the loss or delay of checked baggage that is not delivered in a set amount of time. Normally credit cards offering this type of insurance have a maximum allowance for re-inbursement.

Car rental insurance is also included on this card. Collision and damage coverage is a popular feature on credit cards that can save you money. Without this insurance policy you could be spending anywhere from $16 - $25 per day for vehicle insurance if you don't have this coverage. However it's important to note that most credit cards do not provide liability coverage therefore any damage to other cars, property or people would not be covered.

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