The National Association of REALTORS® (NAR) announced a new partnership with Affiniti through the NAR REALTOR Benefits® program, introducing the NAR World Elite Business Mastercard, a financial product designed specifically for real estate professionals. The announcement was made from Washington, D.C., on October 29, 2024, and highlights NAR’s efforts to expand financial tools and resources available to its members.
The newly introduced card offers cash-back rewards and business management features tailored to meet the needs of REALTORS®. According to NAR, the card provides 5% cash back on marketing expenses, up to 2.1% cash back on all other purchases, and includes a $500 sign-on bonus for qualifying new users. The benefits are structured to help real estate professionals manage business costs more effectively while maximizing returns on routine expenses tied to their work.
The NAR World Elite Business Mastercard is designed for use by agents, brokers, and firms seeking flexible financial solutions to support operations such as marketing, travel, and client-related expenditures. In addition to its rewards program, the card features no annual fees and allows users to issue unlimited employee cards at no additional cost. These features aim to simplify expense management for teams and independent contractors who often juggle multiple business costs across transactions and marketing campaigns.
An important aspect of the offering is its inclusion of integrated expense management software. The system provides users with tools to monitor spending, categorize transactions, set employee spending limits, and upload or request receipts. NAR stated that these features are intended to streamline administrative processes and enhance transparency in business budgeting, particularly for small to mid-sized brokerages and independent REALTORS® who handle their own accounting.
NAR emphasized that applying for the new card will not affect an applicant’s personal credit, positioning the product as a business-focused financial solution separate from individual credit lines. The partnership with Affiniti provides NAR members with access to a dedicated support structure for cardholders, including account management assistance and resources for optimizing reward use.
Rhonny Barragan, NAR’s vice president of strategic alliances, noted that the initiative aligns with the association’s broader goal of offering members tangible tools that contribute to business growth. In the official announcement, Barragan stated that the card provides REALTORS® with “financial flexibility to drive growth” by offering options that address common business expenses and reinvestment opportunities in marketing.
The launch of the NAR World Elite Business Mastercard reflects an ongoing trend within professional organizations to develop specialized financial products for their members. Such partnerships allow associations to tailor financial offerings to industry-specific needs, providing members with enhanced purchasing power and tools that align with their professional activities.
Through the REALTOR Benefits® program, NAR continues to expand its range of partnerships in areas such as insurance, marketing services, technology, and travel. Each program component is designed to support operational efficiency and professional development for members. The introduction of the new Mastercard adds a financial management element to this portfolio, complementing existing benefits already available to REALTORS®.
The Affiniti partnership also highlights a broader effort to integrate digital financial tools into everyday business operations. With expense-tracking and analytics software built directly into the card program, REALTORS® can maintain a clearer overview of business finances, streamline reimbursement processes, and plan budgets more accurately based on real-time data.
By tailoring cash-back rewards toward marketing, NAR aims to support one of the most significant cost areas for agents and brokers. Marketing expenses, which often include advertising, client engagement tools, and digital outreach campaigns, represent a major portion of operational spending for professionals in the real estate field. The enhanced 5% cash-back rate for marketing expenditures underscores the card’s design as a resource for reinvestment in business growth activities.
The NAR World Elite Business Mastercard is now available for eligible NAR members through Affiniti’s platform. The program is part of a growing initiative to provide financial solutions aligned with the unique structure of real estate work, where independent contractors and small business owners require accessible, flexible tools to manage their finances efficiently.
Read the full press release here: https://www.nar.realtor/newsroom/national-association-of-realtors-partners-with-affiniti-to-introduce-nar-world-elite-business-mastercard
SOURCE
National Association of REALTORS® (NAR)
