WestJet World Elite Mastercard Cardholder Agreement: Everything You Need to Know
If you`re a frequent traveler, the WestJet World Elite Mastercard could be the perfect addition to your wallet. With benefits like free checked bags, companion vouchers, and airport lounge access, it`s no wonder this card has become a popular choice for jet-setters. But before you sign up, it`s important to understand the details of the cardholder agreement.
The WestJet World Elite Mastercard Cardholder Agreement is a legal document that outlines the terms and conditions of using the credit card. It`s important to read this agreement carefully, as it contains information about interest rates, fees, rewards, and other important details.
Here are a few things to keep in mind when reviewing the agreement:
Interest Rates and Fees
Like most credit cards, the WestJet World Elite Mastercard comes with interest rates and fees. The annual interest rate for purchases, cash advances, and balance transfers is currently 19.99%. However, this rate may vary depending on your creditworthiness and other factors.
In addition, there are several fees associated with the card, including an annual fee of $119. This fee is waived for the first year for new cardholders. Other fees include:
– Cash advance fee: 1% of the amount advanced (minimum fee of $7.50)
– Balance transfer fee: 1% of the amount transferred (minimum fee of $7.50)
– Foreign transaction fee: 2.5% of the transaction amount in Canadian dollars
Rewards Program
One of the key benefits of the WestJet World Elite Mastercard is its rewards program. Cardholders earn WestJet dollars for every purchase they make, which can be redeemed for flights, vacation packages, and other travel-related expenses.
Under the current rewards program, cardholders earn:
– 2% back in WestJet dollars on WestJet flights and vacation packages
– 1.5% back in WestJet dollars on all other purchases
In addition, the card comes with a welcome bonus of $250 WestJet dollars, which is enough for a round-trip flight within Canada or the continental U.S.
Companion Voucher
Another valuable benefit of the WestJet World Elite Mastercard is the companion voucher. This voucher allows cardholders to bring a companion on a flight for a reduced fare. The voucher can be used once per year, and is valid for travel within Canada and the continental U.S.
To qualify for the companion voucher, cardholders must spend at least $5,000 on their card within the first three months of membership. The voucher is then issued within four to six weeks of meeting the spending requirement.
Airport Lounge Access
As a WestJet World Elite Mastercard holder, you`ll also have access to airport lounges through the Priority Pass program. This allows you to relax and refresh before your flight, with amenities like food and beverages, Wi-Fi, and comfortable seating.
To access the lounges, cardholders must enroll in Priority Pass and present their membership card at participating lounges. While some lounges may require additional fees, most are included in the Priority Pass membership.
Conclusion
The WestJet World Elite Mastercard is a great choice for frequent travelers who want to earn rewards and enjoy special benefits. But before you apply, be sure to review the cardholder agreement to understand the terms and conditions. With a little research, you can make an informed decision and get the most out of your credit card.
