No time to apply right now?
Get this offer by email and pick up where you left off, whenever suits you.
Pros & Cons
Pros
- +First Year Annual Fee Rebate ($150 annual fee rebated)
- +Airport lounge access
- +Purchase protection included
Cons
- –Foreign Transaction Fee (2.5%)
Our Review
With this offer for the BMO Blue Rewards World Elite Mastercard, you can get up to $1,600 in value. In addition, you pay no annual fee in the first year.
Here’s how to get your full welcome offer:
- 45,000 points after $5,000 in purchases within the first 110 days after account opening
- 20,000 points after $10,000 in purchases within the first 180 days after account opening
- 35,000 points after $20,000 in purchases within the first 365 days after account opening
So, to get your full welcome offer, you’ll need to spend $20,000 in the first year.
With the BMO Blue Rewards World Elite Mastercard, you earn 10 points per dollar at participating Blue Rewards partners and 2 Points for every $1 spent on groceries, gas, electric vehicle charging, wholesale and alcohol purchase (including Costco). And 1 point per dollar for all other purchases. The 10-point rate applies on up to $25,000 in net purchases per calendar year at partners, and the 2-point rate on up to $500 per category, per statement cycle.
You can also take advantage of a 0% introductory interest rate on balance transfers for 12 months, with a 2% balance transfer fee.
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 of up to $5 million for 15 days*
Finally, enjoy six months of Instacart+ membership and a monthly $10 Instacart credit when you sign up with your eligible BMO credit card.
Rewards
All Spending
1x
Blue Rewards pts per dollar
Groceries
2x
Blue Rewards pts per dollar
Gas
2x
Blue Rewards pts per dollar
Credit Card Rewards Calculator
See how much you could earn with this card based on your spending.
Points Earned
40,800
Blue Rewards/yr
Estimated Value
$408
After Fees
+$408
1st Year Value
$408
incl. welcome bonus
Annual rewards breakdown
First-year advantages
- $150
Perks & Benefits
Airport lounge access
Accepted at Costco
Included
Travel Insurance
Travel medical (under 55)
Included
Travel medical (55-64)
Included
Trip Cancellation
Included
Trip Interruption
Included
Delayed Baggage
Included
Lost Baggage
Included
Flight Delay
Included
Hotel Burglary
Included
Travel Accident
Included
Purchase Protection
Purchase Protection
Included
Extended Warranty
+1 year(s)
Auto Rental
Included
Fees and interest rates
- Annual Fee$150
First Year Annual Fee Rebate
- Additional card fee$50
- Foreign currency conversion fee2.5%
- Purchase Rate21.99%
- Balance transfer rate23.99%Quebec21.99%
- Cash advance rate23.99%Quebec21.99%
- Balance Transfer Promo0%
Intro period: 12 · Fee: 2 %
Eligibility
Personal Income
$80,000
Household Income
$150,000
Terms & Conditions
Card Features
Welcome Offer: Get up to $1,600 in value and the annual fee waived in the first year. Plus, get a 0% introductory interest rate on balance transfers for 12 months with a 2% transfer fee*.
- Earn 10 Points for every $1 spent at participating Blue Rewards Partners, up to $25,000 in net purchases per calendar year*
- Earn 2 Points for every $1 spent on groceries, gas, electric vehicle charging, wholesale and alcohol purchases, up to $500 per category, per statement cycle*
- Earn 1 Point for every $1 spent on everything else*
Benefits
- Up to $1,600 in value*
- $200 NEXUS Statement Credit in your first year*
- Airport lounge access with complimentary membership in Mastercard Travel Pass provided by DragonPass, plus 4 free passes per calendar year.*
- Earn additional Points on top of your credit card Points when you use your physical or digital Blue Rewards Member Card at checkout*
- Get the $150 annual fee rebated annually with our BMO Premium Chequing Account*
- Unlock exclusive offers at top brands through Blue Rewards offers
- Out-of-province/out-of-country emergency medical insurance up to $5 million per insured person, per trip – up to 15 consecutive days.*
- Get up to 15% off a Global Data Roaming plan and up to 3GB of data without any additional charges with FlexiRoam.*
- Save up to 20% on National Car Rental® and Alamo Rent A Car® and up to 5% on Enterprise Rent-A-Car® at locations worldwide using the Car Rental Booking tool
- Get 20% off admission to Cirque du Soleil shows touring Canada and 15% off resident shows in Las Vegas
- Complimentary Roadside Assistance Program*; Including battery boosts, flat-tire change, lockout service and towing.*
- Extended warranty and purchase protection*
- Enjoy six months of Instacart+ and a $10 monthly Instacart credit when you enroll your eligible BMO Credit Card.*
Legal
†Conditions apply.
BMO is not responsible for updating the content of this site. For the most up-to-date information, please click on the Online Application link.
Related Cards
FAQ
How many Blue Points do you earn with the BMO Blue Rewards World Elite Mastercard?
The card earns 10 Points per $1 at participating Blue Rewards Partners, 2 Points per $1 on groceries, gas, electric vehicle charging, alcohol and warehouse club purchases, and 1 Point per $1 on everything else. You also collect the partner’s own Points at checkout when you show your Blue Rewards membership card, so two streams of Points stack on the same transaction.
Is the 10x Points rate at partners capped?
Yes. Bonus Points at participating Blue Rewards Partners are earned on up to $25,000 in net purchases per calendar year. Once you reach that maximum, purchases at partners earn only the base rate of 1 Point per $1.
This annual cap replaced the previous $1,000 per statement cycle limit. It more than doubles the accelerated spending allowed — about $12,000 a year before, $25,000 now — and it can be used in a single month rather than spread across twelve.
Are the accelerated spend categories capped as well?
Yes, and that cap has not changed. The 2 Points per $1 rate applies to up to $500 in net purchases per Accelerator Spend Category, per statement cycle — alcohol, gas and EV charging, groceries, and warehouse clubs are each counted separately.
One nuance: a purchase made at a Blue Rewards Partner that is also a grocery store or gas station earns the 10x partner rate, not the category rate.
What is the welcome offer on the BMO Blue Rewards World Elite Mastercard?
Up to 100,000 Bonus Points, spread over three spending milestones: 45,000 Points after $5,000 in net purchases within 110 days, 20,000 Points after $10,000 within 180 days, and 35,000 Points after $20,000 within 365 days. Reaching the full offer therefore requires $20,000 of spending in the first year.
BMO values the overall package at up to $1,600, which includes the $200 NEXUS statement credit, the first-year rebate of the $150 annual fee, lounge access and the Instacart+ benefit. Applications must be received between June 2 and October 31, 2026.
Does the card give airport lounge access?
Yes. You get a complimentary membership to Mastercard Travel Pass provided by DragonPass, plus four complimentary lounge passes per calendar year, usable by you as the primary cardholder or by a travelling companion. Once the four passes are used, lounge access costs US$32 per person, per visit. Enrolment through the Mastercard Travel Pass app or website is required.
Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. Milesopedia may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 BMO. All trademarks are property of their respective owners.