BMO Ascend™ World Elite®* Mastercard®*

Welcome Bonus
Up to 100,000 Points
  • 5X points on travel purchases
  • Access to VIP Lounges
  • Accepted at Costco
Annual Fee
$150
First Year Annual Fee Rebate (terms apply)
Interest rates
Purchase Rates
21.99%
Cash Advance Rates
23.99%
21.99% (QC)
Balance Transfer Rates
23.99%
21.99% (QC)
bmo ascend world elite mastercard
BMO Ascend™ World Elite®* Mastercard®*
Up to 100,000 Points
Apply Now

Offer

Welcome offer: Get up to $1,600 in value including up to 100,000 points, Mastercard Travel Pass Program & 4 Complimentary Lounge Passes, NEXUS Statement Credit and the annual fee waived in the first year for both the primary cardholder and authorized users.*

Plus, enjoy a 0% welcome 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.*
  • Complimentary membership in Mastercard Travel Pass provided by DragonPass,* with four annual complimentary passes.
  • 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.*

Fees & Conditions

Personal Income $80,000
Household Income $150,000
Annual Fee $150
First Year Annual Fee Rebate
First Additional Card $50
First Year Annual Fee Rebate - First Additional Card
Other Additional Card $50
Foreign Transaction Fee 2.5%

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

Welcome Bonus amount Up to 100,000 Points
VIP Lounges
Lounge Annual Visits included 4
Costco

Earnings

Per dollar of purchases

All Spending 1 Point
Groceries 1 Point
Gas 1 Point
Dining and Food delivery 3 Points
Convenience Stores 1 Point
Drugstores 1 Point
Local Transport 1 Point
Travel 5 Points
Entertainment 3 Points
Recurring Payments 3 Points
Telecom/Internet 3 Points
Streaming services 3 Points
Online transactions 1 Point
Office Supplies 1 Point

Insurance

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
$2,000,000
21 day(s)
Travel medical insurance up to 64 years old
$5,000,000
21 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
$500
Auto Rental Loss/Insurance
$65,000
48 day(s)
Hotel/Motel Burglary Insurance
$1,000

This section sets out the maximum coverage amounts or periods. Please review your insurance certificate for details, exclusions and limitations of your coverage, terms and conditions apply.

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 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 100,000 BMO Rewards points.

These points have a value of approximately $650 to $700, according to our estimate, and can be applied to your travel expenses.

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 dining, entertainment, and eligible recurring bill payments
  • 1 point per dollar for all other purchases

You can use BMO Rewards points for your travel (flights, hotels, car rentals, packages, etc.) or for rewards and gift cards on the BMO Rewards platform.

The card also offers:

  • 4 complimentary airport lounge visits per year via Mastercard Travel Pass provided by DragonPass
  • comprehensive travel insurance, including emergency medical coverage up to $5 million for 21 days

Finally, enjoy six months of Instacart+ membership and a monthly $10 Instacart credit when you sign up with your eligible BMO credit card.

Frequently Asked Questions

  • How do I contact BMO Mastercard?

    To reach BMO Mastercard (Bank of Montreal), you can use one of the following options:

    1. 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.

    2. Use online chat: BMO also offers online chat on its website where you can ask questions and get help in real-time.

    3. 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:

    1. Log in to your account online: Go to the BMO website and log in to your account using your credentials.

    2. Find the “Cards” section: Once logged in, look for the “Cards” section on your account home page.

    3. Select “Activate Card”: Find the card you wish to activate and select the “Activate Card” option.

    4. Enter the requested information: Follow the on-screen instructions and enter the requested information, such as your card number and expiration date.

    5. Verify details: Make sure all information entered is correct before confirming your card activation.

    6. 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:

    1. Log in to your account online: Access the BMO website and log in to your account using your credentials.

    2. Go to the Rewards section: Once logged in, go to the Rewards section on your account home page.

    3. Find the rewards you want: Search for the rewards you want based on the number of BMO points you have.

    4. 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.

    5. 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.

Alternative Cards

4.4

Receive our newsletter every week!

Savings are this way (if you don’t see the signup form, click here):

Milesopedia