Which has the lower annual fee, ATB World Elite or World Elite Mastercard?

The ATB World Elite has a $120 annual fee, while the World Elite Mastercard charges $150/year.

Which card is better for groceries, ATB World Elite or World Elite Mastercard?

The ATB World Elite earns 1x on groceries, while the World Elite Mastercard earns 5x. The better choice depends on your grocery spending and the specific merchants you shop at.

ATB World Elite vs World Elite Mastercard — Which Is Better? | Churnr

Header Quick Take Value Earn Rates Merchants Wallet Bonus FX Benefits Eligibility Perks Downgrade Verdict

World Elite Mastercard wins by $934/yr — strongest in groceries

World Elite Mastercard earns $511 more on groceries
World Elite Mastercard earns $132 more on dining & restaurants

Groceries: +$511Dining & Restaurants: +$132Bills & Utilities: +$72

ATB World Elite: $30/yr in foreign transaction fees

World Elite Mastercard: $30/yr in foreign transaction fees

Showing Year 1 analysis

Dollar Value

$534

/first year

1.3% effective$44/mo

vs 1% no-fee card: +$115

Annual rewards earned+$284

Welcome bonus+$400

FX costs−$30

Annual fee−$120

Winner

$1,468

/first year

3.5% effective$122/mo

vs 1% no-fee card: +$1,049

Annual rewards earned+$1,098

Welcome bonus+$400

First-year fee waiver+$150

FX costs−$30

Annual fee−$150

Best for your spendingWorld Elite Mastercard—$1,468Year 1 value

+$934 more than ATB World Elite

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Earn Rates by Category

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The Bottom Line

World Elite Mastercard wins by $934/yr — strongest in groceries

World Elite Mastercard earns $511 more on groceries
World Elite Mastercard earns $132 more on dining & restaurants

Groceries: +$511Dining & Restaurants: +$132Bills & Utilities: +$72

Showing Year 1 analysis

World Elite Mastercard wins in both Year 1 and Year 2+ — consistent long-term value.

Data Sources

Issuer terms & conditions (verified Mar 2026)

Merchant MCC verification (239 merchants)

Insurance certificates (PDF review)

Reward program documentation

User-reported acceptance data

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ATB World Elite

World Elite Mastercard

World Elite Mastercard wins by $934/yr — strongest in groceries

Dollar Value

Show calculation breakdown

Show calculation breakdown

Earn Rates by Category

Merchant Reality Check

Wallet Optimizer

Welcome Bonus

Fees & Foreign Exchange

Insurance & Benefits

Eligibility

Card Perks

The Bottom Line

Data Sources

ATB World Elite

World Elite Mastercard

World Elite Mastercard wins by $934/yr — strongest in groceries

Dollar Value

Show calculation breakdown

Show calculation breakdown

Earn Rates by Category

Merchant Reality Check

Wallet Optimizer

Welcome Bonus

Fees & Foreign Exchange

Insurance & Benefits

Eligibility

Card Perks

The Bottom Line

Data Sources