Collabria · Mastercard (World Elite)
Business card
$130 for 1.5 points a dollar and travel insurance whose amounts none of the distributing credit unions publish.
Rates and features verified 2026-08-18Full terms and conditionsHow we research cards
What we like, and what we don’t
Worth having
- 1.5 points a dollar on all business purchases, three times the no fee Collabria card
- The only Collabria business card with travel insurance
- Trip cancellation and travel coverage underwritten by Desjardins Financial Security
- Available through credit unions across most of Canada
Watch out for
- No distributing credit union publishes a single insurance dollar amount, day limit or age limit
- At $130 you are buying travel coverage without being told what it covers
- Collabria publishes no cents per point value, so 1.5 points a dollar cannot be priced
- A personal guarantee is required despite the premium positioning
- A 20.99% rate
What this card earns
- Everything else
- 1.5x
- Bonus categories at once
- 1 you choose which
- What we value a point at
- Not published by the issuer
The earning fine print
1.5 points for every $1 spent on all business purchases (published identically by Coast Capital, Access Credit Union and Cambrian; Cambrian describes them as Flex Rewards). No fixed cents-per-point redemption value is published, so point_value_cents is null.
The welcome offer
- Also included
- The first-year annual fee is waived
- Offer ends
- 2026-08-19
What the offer actually requires
Cambrian Credit Union advertises a $130 annual fee rebate (full first-year fee waiver) available through 30 September. Offers vary by distributing credit union. Coast Capital and Access publish no equivalent offer.
Fees and interest rates
- Annual fee
- $130
- Foreign transaction fee
- Not published by the issuer
- Purchase APR
- 20.99%
- Cash advance APR
- 22.99%
- Balance transfer promo
- 0% for 12 months
Who can get this card
- Existing account required
- Yes
- Personal guarantee required
- Yes you are personally liable for the balance
Insurance and benefits
- Rental car damage waiver
- Included
- Purchase protection
- Included
- Extended warranty
- Included
What the benefits really mean
The premium tier of the Collabria business line and the only one with travel insurance. Insurance underwritten by Desjardins Financial Security (travel) and Assurant / American Bankers Insurance Company (purchase): trip cancellation and interruption, lost or delayed baggage, common carrier coverage, auto rental collision/loss damage waiver, purchase protection, extended warranty, and a Waiver of Liability protecting the business against employee card misuse. Dollar amounts and day limits are in the Certificate of Insurance at collabriacreditcards.ca/insurance and are NOT published on any distributing credit union's page. CONFIRMED DISTRIBUTORS of the Mastercard World Elite version: Coast Capital Savings (BC), Access Credit Union (MB), Cambrian Credit Union (MB). PERSONAL GUARANTEE required. MEMBERSHIP-BASED restriction, not geographic. Coast Capital and Access publish availability across all provinces and territories. Issued by Collabria Financial Services Inc.. $130/year and NO published insurance amounts anywhere on the distributing credit unions' sites. You are buying travel coverage sight unseen. A personal guarantee IS required despite the premium positioning. 1.5 points per $1 with no published redemption value means the actual return cannot be calculated before applying. 20.99% purchase / 22.99% cash advance is the highest rate in the Collabria business line. No lounge access despite the World Elite badge. You must join a credit union first, and only some of them carry this tier. Cambrian's fee-rebate offer has a 30 September end date with no year stated on the page.
Our verdict
The earn rate is three times the free Collabria card and the insurance is the only travel coverage in the Collabria business line, so on structure this is the right card in that family for a business that travels.
What we cannot tell you is what any of it is worth. Not one distributing credit union publishes an insurance amount, a day limit or an age limit, and Collabria publishes no redemption value for the points. So a business is being asked to pay $130 for coverage and a currency that are both undisclosed. We will not fill those fields with guesses, which is why this card looks emptier here than in the brochure, and it is the reason for the rating.
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Where this came from. coastcapitalsavings.com/business/day-to-day-banking/credit-cards ; coastcapitalsavings.com/rates/credit-card ; accesscu.ca/en/business/credit-cards ; cambrian.mb.ca/business/credit-cards (fetched 18 Aug 2026). We take every figure from the issuer’s own pages, never from another comparison site, and we leave a field blank rather than guess at it.