National Bank of Canada has released limited time increased welcome bonuses two of their premium cards. The NBC World Elite Mastercard is now available with an offer of up to 70,000 points and your first year free. The NBC Platinum Card sees an offer of up to 35,000 points and also provides the first year free.
With National Bank’s A la carte rewards 70,000 points are worth up to $700 towards travel while 35,000 are worth up to $350. The first year annual fee savings ranges from $89 to $150 depending on which card you get. On top of this, if you get the World Elite Mastercard you can enjoy a refund of up to $150 per year on seat selection, airport parking and baggage fees.
Here are the details of each of the cards:
National Bank of Canada World Elite Mastercard – Up to 70,000 points
Annual Fee $150 Additional Cards: $50
Annual interest rate 20.99% on purchases and 22.49% on funds advances
$80,000 personal or $150,000 household annual income
Earn up to 70,000 bonus points when you apply for and are approved for the National Bank of Canada World Elite Mastercard. Plus pay no annual fee in the first year on the primary card. Apply by Jan 13, 23
Welcome bonus awarded as follows:
- 30,000 points when you spend $5,000 on the card within the first three months of having it
- 10,000 points if you sign you up for credit card payment insurance for at least 3 months
- 30,000 points if you spend at least $12,000 on your card within the first 12 months of account opening.
- A credit for the first year annual fee for the primary card will be issued within 4 months of account opening
• Earn up to 5 points per dollar in eligible grocery and restaurant purchases*
• 2 points per dollar in eligible gas and electric vehicle charging purchases, recurring bill payments and À la carte travel purchases*
• 1 point per 1 dollar in other purchases
• Up to $150 each year in refund for travel expenses on airport parking, seat selection, check-in fees, airline ticket upgrades and access to airport lounges worldwide
• Free and unlimited access along with one (1) guest to the National Bank Bank World MasterCard™ Lounge at Montréal-Trudeau airport.
• Reassuring protection. Travel with peace of mind thanks to our comprehensive insurance coverage up to 60 days
• Out-of-province-of-residence medical/hospital insurance, Departure flight delay insurance, Baggage insurance in case of delay, Baggages insurance in case of theft or loss, Vehicule rental insurance
• Mobile devices insurance against theft or damages for a period of up to 2 years
• Purchase protection in case of theft or damage* and extended warranty
• National Bank ranks #1 among credit card issuers for Customer Experience according to the Forrester CX Index
Click here to apply for the National Bank of Canada World Elite Mastercard
National Bank of Canada Platinum Mastercard
Annual Fee $89 Additional Cards: $35
Annual interest rate 20.99% on purchases and 22.49% on funds advances
No minimum annual income requirement
• Earn up to 2 points per dollar in eligible grocery and restaurant purchases*
• 1.5 points per dollar in eligible gas and electric vehicle charging purchases, recurring bill payments and À la carte travel purchases*
• 1 point per 1.5 dollars in other purchases
• Reassuring protection. Travel with peace of mind thanks to our comprehensive insurance coverage up to 10 days
• Out-of-province-of-residence medical/hospital insurance, Departure flight delay insurance, Baggage insurance in case of delay, Baggages insurance in case of theft or loss, Vehicule rental insurance
• Mobile devices insurance against theft or damages for a period of up to 2 years
• Purchase protection in case of theft or damage* and extended warranty
• National Bank ranks #1 among credit card issuers for Customer Experience according to the Forrester CX Index.
Click here to apply for the National Bank of Canada Platinum Mastercard
Wrapping it up
Here we have some of the biggest offers to date on these cards but I think some applicants may choose to earn 10,000 points less than the maximum. That’s because of the 10,000 bonus points for taking out the credit card insurance. Credit card insurance is really just a money making machine for banks and we at Rewards Canada avoid it at all costs. That being said, you only have to carry the insurance for three months, so chances are the insurance should cost a lot less than the $100 in value from the points. Just don’t forget to cancel the insurance after three full months!
Click here to see these and other National Bank of Canada credit card offers.