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atb world elite mastercard

3.1

/5

ATB

Mastercard

ATB World Elite Mastercard®Points Calculator

40,000 points

Our Take

The ATB World Elite Mastercard offers impressive rewards and insurance coverage, making it ideal for high-income Alberta residents seeking premium travel perks. However, the low point value and high income requirements might limit its appeal for some users.





Card Details

Interest Rates


Purchase: 20.99%

Cash Advance: 22.99%

Balance Transfer: 22.99%

Annual Fees


Main Card: $120

$0

$0 first year

Additional Cards: $35

Welcome Bonus


The first year annual fee is waived ($120 value) plus you'll receive a 40,000 welcome bonus points ($200 value) when you make your first purchase. Offer available on new ATB World Elite Mastercard accounts where the cardholder had no previous ATB World Elite Mastercard.

Annual Income


Personal: $80,000

Household: $150,000

Credit Score Estimate


300
Poor
560
Fair
660
Good
725⁎
Very Good
760⁎
Excellent
⁎Estimates based on Equifax scoring

Card Type


Credit

Reward Type


Type: Points

Loyalty Program: ATB Rewards

Our Rating


3.1/5

Institution


ATB

How You Earn Rewards


  • 8 points for every $1 spent on eligible purchases on select travel merchants, including: airlines, hotels, motels and car rental companies
  • 6 points for every $1 spent on eligible purchases on groceries, gas, digital streaming services and/or subscriptions, and entertainment
  • 2 points for every $1 spent on any other purchases

The accelerated earn rate applies to the first $50,000 in annual purchases on the account, at merchants qualifying for the accelerated earn rate, per calendar year based on your statement cycle date. The annual spend cap for the accelerated earn rate resets every January. Once the combined cardholder spend exceeds this threshold in these categories, they will continue earning points at the regular earn rate of 2 points per $1 spent in purchases.


Annual Rewards Breakdown




Annual Rewards Summary




Point Redemptions

Redemption Method

Net Value (After Annual Fee)




Insurance & Benefits

15 insurance
3 benefits

Insurance

Coverage

  • purchase protection

    Purchase Protection

    90 days
  • extended warranty

    Extended Warranty

    1 year
  • car accident

    Car Rental Accident

    $225,000
  • car insurance

    Car Rental Damage & Theft

    yes
  • luggage insurance

    Car Rental Personal Effects

    $1,000
  • travel accident medical

    Travel Medical Insurance (64 & under)

    22 days
  • heart lock

    Common Carrier Travel Accident Insurance

    $300,000
  • hourglass timer

    Flight Delay

    $500
  • hourglass timer

    Baggage Delay

    $500
  • cancel airplane

    Trip Cancellation

    $1,000
  • pause

    Trip Interruption

    $1,000
  • lost baggage

    Lost or Stolen Baggage

    $1,000
  • burglar

    Hotel Burglary Insurance

    $1,000
  • luggage insurance

    Personal Effects

    $1,000
  • price protection

    Price Protection

    $100 per item, $500 per account annually
  • Benefits

    Details

  • alcohol cheers

    Airport Lounge - Dragon Pass

    4 complimentary lounge visits each year for each primary cardholder
  • car rental

    Car Rental Discount

    25% off base rate of participating Avis and Budget locations
  • wifi signal

    Boingo Wi-Fi hotspot

    over 1 million wifi hotspots worldwide
  • Pros & Cons


    Pros

    • High rewards
    • Extensive Coverage
    • Airport lounge access
    • first-year fee rebate

    Cons

    • Low point value
    • Alberta residents only
    • High income requirement