National Bank World Elite Mastercard
National Bank of Canada · Cashback · Statement Credit
This comprehensive guide covers the National Bank World Elite Mastercard's reward rates, fees, and terms — updated regularly from official sources — to help you decide if this card fits your spending. The National Bank World Elite Mastercard from National Bank of Canada offers cashback rewards credited directly to your statement at 5%. Top earning categories include 5% on food, delivery & gas and more. Annual fee is C$150 (waived for first year; rebate available with national bank advantage banking package).
Best for: Dining, Food Delivery, Utility, Transit
Reward Examples
Spend C$1,000 on Dining → earn C$50 (5%) · 5% on food, delivery & gas
Spend C$1,000 on Utility → earn C$20 (2%) · 2% on recurring bills, subscriptions & t
Spend C$1,000 on General online → earn C$10 (1%) · 1% on everything else
Official product page → Official rules →
Waiver: Waived for first year; rebate available with National Bank Advantage banking package
Reward Rules
- 5% 5% on food, delivery & gas
- 2% 2% on recurring bills, subscriptions & transit
- 1% 1% on everything else
Important Notes
- 5% food/delivery/gas earn capped at CAD 2,500 per month.
- Includes mobile device insurance, travel medical insurance, and purchase protection.
- Annual fee waived for first year; CAD 150 thereafter.
How to Apply
- Apply online: Official application page →
- Credit score: Most rewards cards require good to excellent credit (typically 670+ FICO).
- Issuer rules: Some issuers restrict approvals (e.g. Chase 5/24). Verify current eligibility before applying.
National Bank World Elite Mastercard vs Similar Cards
- Alterna Savings Cash Back Visa — 2% top rate · C$0
- BMO Cash Back Mastercard — 3% top rate · C$0
- BMO CashBack World Elite Mastercard — 5% top rate · C$120
Maximize Your Rewards
To earn the highest rewards, use the National Bank World Elite Mastercard for its bonus categories: Dining, Food Delivery, Utility, Transit, General Online.