Sunday, August 21, 2016

NBC World Elite MasterCard Promotion & New Rewards Chart

Deal Link: https://www.nbc.ca/en/personal/credit-cards/mastercard-credit-cards/promotions-and-news.html#promoworldelite
Expiry: Oct 31, 2016

If you apply for National Bank World Elite MasterCard before Oct 31, and activate it before Nov 30, you can get up to 30000 points welcome bonus (travel value $300).

The 30,000 points will be awarded as follows: 20,000 points will be awarded on activation of the card and the remaining 10,000 points will be awarded one year after the card is issued on the account anniversary date.

This offer is open to anyone who does not currently have a National Bank MasterCard credit card. They may not be combined with any other offer or promotion from National Bank.

There is one thing you need to know: Changes have been made to the National Bank rewards program. These changes, which primarily affect the point redemption grid, will come into effect on November 1, 2016. The new rewards chart is as follows:
You can also find this information on NBC website:
https://recompensesbnc.ca/StaticContent.aspx?contentId=RewardChart&showFooter=1

Basically, the point value will decrease around 9% after Nov 1. From my point of view, even with this new rewards chart, this National Bank WEMC is still a good card considering the "Smart Traveller" refund each year (up to $250).