Why a World Mastercard? My Charles Schwab Visa has no foreign transaction fee and is a superior Worldpoints card (1% cashback card in $25 increments.) May no longer exist since the BoA/MBNA merger, but still 0% fee on my account.

PenFed also has a 1.25% cashback Visa with a 1% fee. Net gain is 0.25% as a statement credit.