BMO World Elite®* Business Mastercard®*  🇨🇦

Business Card
Welcome Bonus
Up to 100,000 Points
Ends Dec 13, 2024
  • 4X points on gas, office supplies, cell phone and internet bills
  • Access to VIP Lounges
  • Accepted at Costco
Annual Fee
$149
First Year Annual Fee Rebate (terms apply)
Interest rates
Purchase Rates
17.99 %
Cash Advance Rates
22.99 %
Balance Transfer Rates
22.99 %

bmo rewards world elite business mastercard
BMO World Elite®* Business Mastercard®*
Business Card
Up to 100,000 Points
Ends Dec 13, 2024
Apply Now
Updated Aug 27, 2024

Offer

Welcome offer:

  • Earn up to 100,000 BMO Rewards points in the first year – that’s a $669 value.
  • In addition, the $149 annual fee is waived in the first year*!
  • 0.00% introductory interest rate on Balance Transfers for 9 months with a 3% transfer fee.*

 

  • Earn 4 BMO Rewards points for every $1 you spend on gas, office supplies and cell phone/internet bill payments*
  • Earn 1.5 BMO Rewards points for every $1 you spend*
  • Enjoy VIP Airport Lounge Access at more than 400+ airports worldwide. You’ll get two complimentary lounge visits each year.
  • Become A Cardholder & Get Access To Virtual On-Demand Healthcare With Maple*
  • You can now use your BMO Mastercard at Costco stores across Canada
  • Get up to 7 cents off per litre on all Shell®± fuel*
  • Get up to 22 additional cards so employees can easily make purchases on behalf of your business and help you earn points faster* (employee cards have an annual fee of $50)
  • Our Liability Waiver Program protects your business against employee card abuse*
  • 25 payment grace days*

Fees & Conditions

Personal Income $0
Household Income $0
Annual Fee $149
First Year Annual Fee Rebate
First Additional Card $0
Foreign Transaction Fee 2.5%
Purchase Rates 17.99%
Cash Advance Rates 22.99%
Balance Transfer Rates 22.99%
Balance Transfer
Balance Transfer Intro Duration 9 month(s)
Balance Transfer - Promotional Rate 0.00%
Balance Transfer Fees 3%

Value

Calculate the rewards
Your Monthly Spending
Year 1
Year 2+
Welcome Bonus
0 $
Annual Credit
Travel benefits
VIP Lounges
First Year Annual Fee Rebate
-
First year offer value
Rewards Earned
Annual fee
Net value

Advantages

Offer ends on Dec 13, 2024
Welcome Bonus amount Up to 100,000 Points
Minimum Spending Required $30,000
Minimum Spending Timeframe (Months) 12 month(s)
VIP Lounges
Lounge Annual Visits included 2
Costco

Earnings

Per dollar of purchases

All Spending 1.5 Points
Groceries 1.5 Points
Gas 4 Points
Dining and Food delivery 1.5 Points
Convenience Stores 1.5 Points
Drugstores 1.5 Points
Local Transport 1.5 Points
Travel 1.5 Points
Entertainment 1.5 Points
Recurring Payments 1.5 Points
Telecom/Internet 4 Points
Streaming services 1.5 Points
Online transactions 1.5 Points
Office Supplies 4 Points

Insurance

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
$5,000,000
15 day(s)
Travel medical insurance up to 64 years old
$5,000,000
15 day(s)
Travel medical insurance 65+
Trip Cancellation Insurance
$1,500
Trip Interruption Insurance
$2,000
Common Carrier Travel Accident Insurance
$500,000
Flight Delay Insurance
$500
Delayed Baggage Insurance
$500
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
$65,000
48 day(s)
Hotel/Motel Burglary Insurance
$1,000

There may be a daily maximum amount depending on the type of fees paid

Other Insurance

Insurance Name
Included
Amount
Duration
Extended Warranty
1 year
Purchase Protection
90 day(s)
Mobile Device Insurance
Price Protection
Insurance Document

Our review

The BMO World Elite®* Business Mastercard®* is one of Canada’s best travel points Mastercard for Business credit cards. You can earn up to 100,000 points as a welcome bonus:

  • 20,000 points when you make your first purchase with your card in the first 75 days after the account open date;
  • 8,000 points per month when you spend at least $3,000 per month within month 3 and 12 after the account open date (for a total of 80,000 points).

Plus, the annual fee is waived for the first year! And you get 2 free visits a year to DragonPass airport lounges.

You can also enjoy a 0% introductory interest rate on balance transfers for nine months (with a 3% transfer fee).

With the BMO World Elite®* Business Mastercard®*, you earn 4 points per dollar spent on:

  • gas purchases
  • office supply purchases
  • cell phone/internet payments

And 1.5 points for every dollar you spend, including at Costco or for significant purchases at home improvement stores.

You can use BMO Rewards points for all travel purchases made through the agency or website of your choice (flights, hotels, car rentals, all-inclusive resorts, Airbnb, etc.) or for rewards and gift cards on the BMO Rewards platform.

You can also combine the points you earn with the other two BMO Rewards cards to save even more on your travels.

With the BMO World Elite®* Business Mastercard®*, you get many travel insurance coverages:

  • Collision Damage Waiver
  • Car Rental Personal Effects & Business Property
  • Car Rental Accidental Death & Dismemberment
  • Baggage & Personal Effects
  • Baggage insurance in case of delay
  • Flight Cancellation
  • Trip Interruption/Trip Delay
  • Flight delay
  • Common Carrier Insurance

And for your purchases :

  • Extended Warranty
  • Purchase Protection

Frequently Asked Questions

Alternative Cards

4.3 Milesopedia Rating

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