National Bank World Elite Mastercard
C$150 annual fee · C$150/yr in printed statement credits · 1x on everything else · 2.5% foreign transaction fee
Terms verified 2026-09-15 against issuer terms
Earn rates · how we got this
| Category | Rate | Cap |
|---|---|---|
| Groceries | 5x | on the first C$2,500/month |
| Dining | 5x | on the first C$2,500/month |
| Gas | 2x | uncapped |
| EV charging | 2x | uncapped |
| Recurring | 2x | uncapped |
| Travel | 2x | uncapped |
| Everything else | 1x | uncapped |
See more Canada credit cards →
Statement credits — C$150/yr on paper · how we got this
Monthly and quarterly credits expire if unused — that's where most of their printed value quietly disappears.
Non-cash perks
- National Bank Lounge access at YUL
- Strong insurance package
- Points redeem ~1 cent toward travel
Does the fee earn out? · how we got this
The printed statement credits (C$150/yr) cover the C$150 fee on paper — if you'd spend that way anyway. Credits you have to remember, enroll in, or change behavior for are worth less than face value. Our app tracks each one against your actual charges.
Who this card is not for
Every point below is a term the issuer prints, read off this card's own row in our database — not an opinion about the card. two things on this card rule out a kind of spender:
- Anyone who spends abroad. Every purchase in a foreign currency carries a 2.5% foreign transaction fee. On a card earning 1.0¢ per dollar at the base rate, that fee costs more than the rewards on the same purchase.
- A heavy groceries spender. The 5x on groceries stops after C$2,500 of it per month. Past that the same purchases earn its base 1x, so the headline rate describes the first C$2,500 only.
Which card should this spending actually be on? The demo re-scores a year of realistic spending against every card in a wallet — free, no signup. See it on sample data →
Verified 2026-09-15 against issuer terms · sources: www.nbc.ca · www.nbc.ca. Spot an error? Tell us.