BMO® World Elite®* Mastercard®*

  • Get up to $575 in value in your first year*
  • Get 40,000 points and the $150 annual fee waived in the first year
  • Complimentary membership in Mastercard Airport Experiences provided by LoungeKey, with exclusive VIP access
  • Plus four annual complimentary passes*
  • Get 3 BMO Rewards points for every $1 spent on travel, dining and entertainment purchases*
  • Get 2 points for every $1 spent everywhere else*"
  • Points you can use to cover all flight charges & taxes*
  • Fly on any airline, with no blackout dates*
  • Best-in-class travel and medical insurance (unlimited trips per year)*
Value

$413

Welcome Bonus

Up to 40,000 points

Best For

Annual Fee

First Year Annual Fee Rebate (terms apply)

Terms of the offer

  • Get up to $575 in value in your first year*
  • Get 40,000 points and the $150 annual fee waived in the first year (285$ travel value booked on bmorewards.com + 150$ Value*).
  • Complimentary membership in Mastercard Airport Experiences provided by LoungeKey, with exclusive VIP access, plus four annual complimentary passes* ($140 Value/Year).
  • Get 3 BMO Rewards points for every $1 spent on travel, dining and entertainment purchases*
  • Get 2 points for every $1 spent everywhere else*”
  • Points you can use to cover all flight charges & taxes*
  • Fly on any airline, with no blackout dates*
  • Best-in-class travel and medical insurance (unlimited trips per year)*
  • Get valuable benefits and offers for digital everyday services from a variety of on-demand apps and subscription services
  • Access over 1 million Wi-Fi hotspots around the world – all at no added cost, and no added fees or roaming charges*
  • Unlock Mastercard Travel Rewards cashback offers when you travel and shop outside of Canada

 

BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information

*Terms and conditions apply

Terms

Terms of the offer

  • Get up to $575 in value in your first year*
  • Get 40,000 points and the $150 annual fee waived in the first year (285$ value* towards a flight booked on bmorewards.com + 150$ Value*).
  • Complimentary membership in Mastercard Airport Experiences provided by LoungeKey, with exclusive VIP access, plus four annual complimentary passes* ($140 Value/Year).
  • Get 3 BMO Rewards points for every $1 spent on travel, dining and entertainment purchases*
  • Get 2 points for every $1 spent everywhere else*”
  • Points you can use to cover all flight charges & taxes*
  • Fly on any airline, with no blackout dates*
  • Best-in-class travel and medical insurance (unlimited trips per year)*
  • Get valuable benefits and offers for digital everyday services from a variety of on-demand apps and subscription services
  • Access over 1 million Wi-Fi hotspots around the world – all at no added cost, and no added fees or roaming charges*
  • Unlock Mastercard Travel Rewards cashback offers when you travel and shop outside of Canada

 

BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information

*Terms and conditions apply

Personal Income $80000
Household Income $150000
Annual Fee $150
First Year Annual Fee Rebate Yes
First Additional Card $50
Other Additional Card $50
Foreign Transaction Fee 2.5%
Purchase Rates 19.99%
Cash Advance Rates 22.99%
Welcome Bonus Up to 40,000 points
Minimum Spending Required $3000
Minimum Spending Timeframe 90
Rewards Type Travel points
Loyalty Program BMO Rewards
All Spending 2 points / $
Travel 3 points / $
Local Transport 2
Restaurants 3 points / $
Entertainment 3 points / $
Lounge Access Oui
Lounge Access - Annual Credits 4
Concierge Yes
Costco Yes
Value

Offer Value

For all the credit card offers, we estimate the first year Offer Value according to:

  • Value of the Cashback or Points earned with the Offer
  • Value of the Benefits or travel credits earned with the Offer
  • Annual fee offer (first-year rebate or not)

 

Offer Value calculation
for the first-year
Point Value (according to milesopedia) 0.7 ¢
Welcome Offer Value ≈ $210
Points earned with minimum purchases to get the Welcome Offer
(2 to 3 points per dollar)
≈ $63
4 annual passes for Airport Lounges
(≈ $35 / visit)
≈ $140
Annual fee $0
Estimated Value ≈ $413

 

Common Carrier Travel Accident Insurance Yes
Common Carrier Travel Accident Insurance Amount $500000
Flight Delay Insurance Yes
Flight Delay Insurance Amount $500
Lost/Stolen Baggage Insurance Yes
Lost/Stolen Baggage Insurance Amount $750
Trip Cancellation Insurance Yes
Trip Cancellation Insurance Amount Per Person $2500
Trip Interruption Insurance Yes
Trip Interruption Insurance Amount Per Person $2000
Travel medical insurance up to 64 years old Yes
Travel medical insurance up to 64 years old - Duration 21
Travel medical insurance up to 64 years old - Details Oui
Auto Rental Loss/Insurance Yes
Auto Rental Loss/Insurance - Amount MSPP $65000
Purchase Protection Yes
Purchase Protection - Duration 90
Purchase Protection - Amount $60000
Extended Warranty Yes
Extended Warranty - Duration 1
Insurance Document Learn More