The advert sees Santa and his reindeer delivering presents on Christmas Eve to slumbering children.
But while Father Christmas enjoys tucking into the mince pies left out for him by families, Rudolph and his pals are saddened to find no carrots put out for them.
As each house flys by, the reindeer are left feeling more and more dejected at their lack of treats.
But when Santa spies a McDonald's down on the street below, he hatches a plan and sneakily stocks up on bags of carrots from the fast-food retailer.
The reindeer are then delighted to see the crunchy treats hidden in Father Christmas' present sack.
McDonald's captions the advert with the slogan "Are you #ReindeerReady?".
The fast-food retailer is more known for its burgers and fries than its vegetables but it's trying to revamp its unhealthy image and carrots are just one of its healthy products.
You can order them as a side or swap them into a children's Happy Meal instead of fries.
And it seems viewers are loving the festive ad with some saying it's their favourite Christmas ad so far this year.
One Twitter user wrote: "You win hands down for the Christmas 2018 advert! Very festive and I love it!"
Another commented: "Never thought I would say this but @McDonalds has the best Christmas advert this year bravo."
Someone else tweeted: "Awww the McDonald’s Christmas advert is one of the best ones I’ve ever seen! Best once since the old Toys R Us Christmas advert! #ReindeerReady"
And one said: "Who needs @jlandpartners Christmas advert when we have got @AldiUK #KevinCarrot and @McDonalds Christmas ad?!"
This year's Christmas adverts so far
- Aldi: The retailer brings back Kevin the Carrot this year, but will he survive the festive adventure?
- Argos: The advert features a creepy fool but it could ruin the big day for the little ones
- Asda: This year's ad features a cannon-firing Santa, yetis and a giant inflatable snowman
- Boots: The pharmacy chain's tearjerking ad tells the story of a relationship between a mum and her daughter
- Heathrow: The airport's heartwarming Christmas ad sees two bears make it home to see the family in time for Christmas
- John Lewis: The ad features the real life story of how Sir Elton John got a piano for Christmas from his Grandma and how it inspired his music career
- Lidl: The bargain chain has launched three Christmas ads this year – but do you think they're funny?
- Sainsbury's: It features little girl Tia and it could bring a tear to your eye
- Tesco: The ad reveals very different ways families celebrate Christmas
- Waitrose: The posh supermarket's festive campaign centres round its food being "too good to wait"
If you've yet to see all the Christmas 2018 adverts we've compiled a roundup so you can watch them all now.
From John Lewis’ Monty the penguin and Boxer the dog to the famous Coca Cola truck, we've also put together a list of our FAVOURITE ever Christmas ads.
And if you're wondering when the real life Coca Cola truck is visiting your town, we've put together a list of its 2018 tour dates.
For more information on all things festive, check out our Christmas 2018 homepage.
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