BMO Ascend™ World Elite®* Mastercard®*
on BMO's website
Pros
- ✓First Year Annual Fee Rebate ($150 annual fee rebated)
- ✓Welcome Bonus: 115,000 points
- ✓Up to 5x on Travel
- ✓Airport lounge access
- ✓Purchase protection included
- ✓Travel medical insurance included
Cons
- ✗Foreign Transaction Fee (2.5%)
Our Review
The BMO Ascend World Elite Mastercard is one of the best World Elite Mastercard credit cards with travel points in Canada.
With our exclusive welcome offer, you can earn up to 115,000 BMO Rewards points (worth $770 for travel).
Here’s how to earn the welcome offer points:
- 60,000 points after $5,000 in net purchases within the first 110 days*
- 20,000 points after $10,000 in net purchases within the first 180 days*
- 35,000 points after $20,000 in net purchases within the first 365 days*
Plus, there is no annual fee for the first year for the primary cardholder and additional cardholders.
You can also take advantage of a 0% introductory interest rate on balance transfers for 12 months, with a 2% balance transfer fee.
With the BMO Ascend World Elite Mastercard, you get:
- 5 points per dollar on eligible travel*
- 3 points per dollar on eligible dining, entertainment, and recurring bill payments*
- 1 point per dollar on all other purchases*
The card also offers:
- 4 complimentary airport lounge accesses per year via Mastercard Travel Pass provided by DragonPass*
- comprehensive travel insurance, including emergency medical coverage up to $5 million for 21 days*
- A NEXUS statement credit in the first year*
- Six months of Instacart+ membership plus a monthly $10 Instacart credit with an eligible card*
Rewards
All Spending
1x
BMO Rewards pts per dollar
Restaurants
3x
Streaming
3x
Travel
5x
Recurring
3x
Entertainment
3x
Telecom
3x
Credit Card Rewards Calculator
See how much you could earn with this card based on your spending.
Points Earned
63,360
BMO Rewards/yr
Estimated Value
$425
After Fees
+$425
1st Year Value
$1,195
incl. welcome bonus
Annual rewards breakdown
Travel Insurance
Travel Medical
Up to $2,000,000 / 21 days
Trip Cancellation
Up to $1,500
Trip Interruption
Up to $2,000
Delayed Baggage
Up to $500
Lost Baggage
Up to $500
Flight Delay
Up to $500
Hotel Burglary
Up to $1,000
Travel Accident
Up to $500,000
Purchase Protection
Purchase Protection
Included
Extended Warranty
+1 year(s)
Auto Rental
Up to $65,000 / 48 days
Interest Rates
- Purchase Rate21.99%
- Cash Advance23.99%
- Foreign Transaction Fee2.5%
Perks & Benefits
Airport Lounge
4 visits/year
Eligibility
Personal Income
$80,000
Household Income
$150,000
Terms & Conditions
Card Features
Exclusive welcome offer: Get up to $1,700 in value, including up to 115,000 points, the Mastercard Travel Pass program and 4 complimentary airport lounge passes, a statement credit for NEXUS and the annual fee waived in the first year for the primary cardholder and authorized users*.
Additionally, enjoy a 0% introductory interest rate on balance transfers for 12 months as well as a 2% balance transfer fee.*
- 5x the points for every $1 spent on eligible travel purchases,*
- 3x the points for every $1 spent on eligible dining and entertainment purchases and recurring bill payments,*
- 1 point for every $1 spent everywhere else.*
- Free membership to the Mastercard Travel Pass app provided by DragonPass*, with 4 complimentary passes per year*
- Enjoy six months of Instacart+ and a $10 monthly Instacart credit when you enroll your eligible BMO Credit Card.*
- Extended Warranty*
- Purchase Protection*
- BMO Ascend World Elite Total Travel and Medical Protection:
Get Collision Damage Waiver benefits on rental cars, 21 days of Out-of-Province/Out-of-Country Emergency Medical coverage of up to $5 million, and more.*
FAQ
How do I contact BMO Mastercard?
To reach BMO Mastercard (Bank of Montreal), you can use one of the following options:
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Call Customer Service: You can call BMO Customer Service at 1-800-361-3361. They will be able to help you with any questions you may have about your BMO Mastercard.
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Use online chat: BMO also offers online chat on its website where you can ask questions and get help in real-time.
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Visit a branch: If you prefer in-person assistance, you can visit your nearest BMO branch for assistance with your BMO Mastercard.
How do I activate my new BMO World Elite Mastercard?
To activate your new BMO World Elite Mastercard, you can follow these steps:
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Log in to your account online: Go to the BMO website and log in to your account using your credentials.
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Find the « Cards » section: Once logged in, look for the « Cards » section on your account home page.
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Select « Activate Card »: Find the card you wish to activate and select the « Activate Card » option.
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Enter the requested information: Follow the on-screen instructions and enter the requested information, such as your card number and expiration date.
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Verify details: Make sure all information entered is correct before confirming your card activation.
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Complete the process: Once you have verified that all the information is correct, you can confirm the activation of your card.
It is also possible to activate your card by calling BMO customer service at the following number: 1-800-361-3361. Follow the on-screen instructions to speak to a representative and activate your card over the phone.
How do I use BMO Rewards points?
If you have a BMO Rewards Card, you can use your BMO points to redeem rewards. Here’s how to use your BMO points:
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Log in to your account online: Access the BMO website and log in to your account using your credentials.
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Go to the Rewards section: Once logged in, go to the Rewards section on your account home page.
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Find the rewards you want: Search for the rewards you want based on the number of BMO points you have.
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Redeem your points for rewards: Once you’ve found the rewards you want to redeem, follow the instructions on the screen to confirm the redemption and use your BMO points.
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Receive your rewards: Once you redeem your BMO points for rewards, they will be sent to the address you provide or added to your online account.
It’s important to note that rewards options may vary depending on the type of BMO card you have and the rewards program you’re enrolled in. You can visit the BMO website or contact customer service for more information on the reward options available for your specific card.
How much is 1 BMO Rewards point worth?
The value of a BMO point depends on the rewards program associated with your BMO credit card. In general, the value of each BMO point will be approximately 0.67 cents according to Milesopedia.
For example, if the value of a BMO point is 0.67 cents, that means 10,000 BMO points can be redeemed for $67 in rewards.
Legal
*Terms and conditions apply
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