BMO® Ascend World Elite®*
Business Mastercard®*

Business Card
Welcome Bonus
Up to 100,000 Points
Ends Dec 13, 2025
  • 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
18.99 %
Cash Advance Rates
23.99 %
Balance Transfer Rates
23.99 %
BMO ASCEND WE Business MC Card Eng RGB – for online
BMO® Ascend World Elite®*
Business Mastercard®*
Business Card
Up to 100,000 Points
Ends Dec 13, 2025
Apply Now

Offer

Welcome offer:

  • Get over $1,500 in value!* This includes up to 100,000 BMO Rewards Pointsthat’s a $669 value in the first year.*

Here’s how the welcome offer adds up:

  • $135 in value (20,000 BMO Rewards Points) when you make your first purchase*
  • Up to $535 in value (8,000 BMO Rewards Points from months 3-12) when you spend $3,000 each month*
  • $701 in value from your premium benefits*
  • Plus, your $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*
  • Complimentary membership in Mastercard Travel Pass provided by DragonPass, with two annual complimentary passes*
  • Get up to 7 cents off per litre on all Shell®± fuel*

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 18.99%
Cash Advance Rates 23.99%
Balance Transfer Rates 23.99%
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, 2025
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 Ascend World Elite Business Mastercard is one of the best travel points-based Business Mastercard® credit cards in Canada. You can earn up to 100,000 points as a welcome bonus:

  • 20,000 points on your first purchase within 75 days of account opening;
  • 8,000 points per month when you spend at least $3,000 per monthly period, from the 3rd to the 12th month following account opening (for a total of 80,000 points).

Plus, there’s no annual fee for the first year! And you get 2 free annual visits to DragonPass airport lounges.

You can also benefit from a welcome interest rate of 0% on balance transfers for nine months (a 3% transfer fee applies).

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

  • gas purchases
  • office supplies
  • 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 theagency or website of your choice (airline tickets, hotels, car rentals, all-inclusives, 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 Rewards® World Elite®* Business Mastercard® for Business, you benefit from various travel protections:

  • 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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