The Brim World Elite Mastercard isn’t just another high-end credit card—it’s a powerhouse of rewards, travel perks, and consumer protections. With no foreign transaction fees, a strong rewards program, and comprehensive insurance coverage, this card is designed for frequent travelers, big spenders, and those who want to maximize their purchases.

But does it live up to the hype? In this guide, we’ll break down everything you need to know about this card—its annual fees, credit limits, standout benefits, potential drawbacks, and how to apply. By the end, you’ll know whether this is the right card for your wallet.

Key details of the Brim World Elite Mastercard

Before getting into the details, let’s look at the key facts about this card:

• Annual fee: $89
• Interest rate on purchases: 19.99%
• Interest rate on cash advances: 21.5%
• Foreign transaction fee: 1.5%
• Income requirements: $80,000 personal or $150,000 household
• Rewards: 1% cashback on all eligible purchases
• Accepted at Costco: Yes
• Travel insurance: Extensive coverage, including medical, trip cancellation, and baggage protection

With that in mind, let’s break it all down further.

How does the annual fee work?

Unlike no-fee credit cards, the Brim World Elite Mastercard comes with an $89 annual fee. While this might seem like a downside, it’s actually quite reasonable compared to other premium rewards cards, which often charge $120 or more.

If you’re wondering whether it’s worth it, consider this: the cashback alone can offset the fee over time. Plus, if you travel frequently or shop at Costco, the extra perks and insurance coverage could make the cost worthwhile. Additionally, supplementary cards cost $50 each, which is something to keep in mind if you plan on sharing the account with family members.

How is the credit limit determined?

Your credit limit is determined based on your credit history, income level, and financial stability. Since this is a World Elite Mastercard, it has higher eligibility requirements, meaning applicants typically need good to excellent credit to be approved.

When you apply, Brim will assess:

• Your reported income – Higher incomes may qualify for a larger credit limit.
• Your credit score – A stronger score improves your chances of approval.
• Your existing debt-to-income ratio – If you have too much existing debt, your limit may be lower.

Unlike some issuers, Brim does not explicitly state a minimum or maximum credit limit, so the final decision will depend on your financial profile.

Advantages of the Brim World Elite Mastercard

This card comes packed with perks for travelers, shoppers, and everyday spenders. Here are some of the biggest benefits:

• 1% cashback on all purchases – Earn rewards on groceries, gas, dining, travel, and more.
• Accepted at Costco – A rare feature for Mastercard holders in Canada.
• Extensive travel insurance – Medical, trip cancellation, baggage protection, and more.
• No foreign transaction fees – Save 1.5% on international purchases.
• Exclusive Wi-Fi access – Stay connected at over 1 million hotspots worldwide.
• Concierge service – Get help with reservations, travel planning, and special requests.
• Purchase protection & extended warranty – Cover your items from theft or damage.
• Car rental insurance – Protection for rental vehicles up to $65,000.

Standout feature: Travel insurance

One of the biggest perks of the Brim World Elite Mastercard is its comprehensive travel insurance package. This is where the card truly shines, making it an excellent choice for frequent travelers.

Here’s what’s included:

• Emergency medical insurance – Up to $500,000 in coverage.
• Trip cancellation insurance – Get reimbursed up to $2,500 for non-refundable travel expenses.
• Trip interruption insurance – Covers up to $5,000 if you have to cut your trip short.
• Flight delay insurance – Receive $500 for expenses due to flight delays.
• Lost or stolen baggage insurance – Covers up to $1,000.
• Rental car insurance – Protection for damage and theft up to $65,000.
• Hotel/motel burglary insurance – Get up to $1,000 in case of theft.

These protections are especially valuable for travelers who want peace of mind while on the go.

Disadvantages of the Brim World Elite Mastercard

While this card has a lot to offer, it’s not perfect. Here are a few drawbacks to consider:

• $89 annual fee – Not the most expensive, but still a cost to consider.
• Strict eligibility requirements – High income thresholds mean not everyone will qualify.
• Limited rewards rate – 1% cashback is decent, but some competitors offer higher rates.
• Foreign transaction fee (1.5%) – Lower than the usual 2.5%, but still present.

Main drawback: High income requirements

One of the biggest barriers to getting the Brim World Elite Mastercard is the income requirement. Applicants must earn at least $80,000 individually or $150,000 as a household. This makes it less accessible for students, freelancers, or those with lower salaries. If you don’t meet these requirements, you might need to look at alternative Brim cards with lower qualifications.

Who can apply for the Brim World Elite Mastercard?

To qualify for this card, you need to meet the following criteria:

• Minimum age – 18 or 19, depending on your province.
• Income requirement – $80,000 personal or $150,000 household.
• Credit score – Good to excellent (typically 700+ recommended).
• Canadian resident – Must have a valid address in Canada.
• No recent bankruptcies – Financial history will be reviewed during approval.

If you don’t meet the income requirements, you might still qualify for a different Brim Mastercard, such as the Brim Financial Mastercard with lower thresholds.

How to apply for the Brim World Elite Mastercard

You can apply for this card entirely online, making the process quick and convenient. Here’s how:

Applying through the website

• Visit the Brim Financial website and select the World Elite Mastercard.
• Fill out the application form, providing your income, employment, and personal details.
• Submit your application and wait for approval (often within minutes).
• If approved, you’ll receive your card within 5-10 business days.

Applying through the mobile app

• Download the Brim Financial app from the App Store or Google Play.
• Create an account and navigate to the credit card application section.
• Complete the form and upload any required documents.
• Track your application status directly in the app.

Applying in person

Brim operates entirely online, meaning there’s no in-person application process. If you prefer a face-to-face experience, you might need to consider a card from a traditional bank instead.