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World MasterCard and World Elite are not like Visa Platinum. Plain MasterCard is considered a Platinum MasterCard; same as Visa Platinum. World MasterCard is a step above Platinum Visa and Platinum MasterCard. However World Elite MasterCard is supposed to give you acess to the World lol. Discounts on special purchases, travel, hotels, etc. In my humble opinon I prefer Visa Signature. I believe Visa offers superior benifits. Dont be confused by the term Visa Infinite either, it is not superior to Visa Signature, but a different form of branding for other nations. Ultimetly alot of benifits depend on the issuer, some Platinum cards have better benifits than Visa Signature and World and World Elite MasterCard
Rent cars? Then a WE MC is worth having as you get instant status with Avis and National.
With Avis you get complementary Avis First status and are entitled up to a 25% discount on rental costs plus one class upgrade from booked car if available. Also allows you to earn free weekends based on rentals.
National a little less but you get complimentary Executive status, can pick your car from Executive aisle and earn free rentals a bit faster. This is the same status that Amex Platinum provides as a benefit.
Worth pointing out you need to join the loyalty programs to get this AND need to add your WE MC as the credit card "on file" for rentals. I believe they use that to check if you are eligible for the status. Might be able to change card to another before making the first rental if needed.