BMO World Elite Business Mastercard | 70,000 Bonus Points | Milesopedia

BMO World Elite®* Business Mastercard®*

BMO World Elite®* Business Mastercard®*
Welcome Bonus
Up to 70,000 Points
Ends Dec 6, 2022
Annual Fee
$149
First Year Annual Fee Rebate (terms apply)
  • 4X points on gas, office supplies, cell phone and internet bills
  • Access to VIP Lounges
  • Accepted at Costco
Interest rates
Purchase Rates
17.99 %
Cash Advance Rates
22.99 %
Balance Transfer Rates
22.99 %

Offer

  • Welcome Offer: Get up to 70,000 BMO Rewards points in the first year.
  • Plus, we’ll waive the $149 annual fee for the first year!
  • 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 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%
Cash Advance Rate (QC) 21.99%

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 6, 2022
Welcome Bonus amount Up to 70,000 Points
Minimum Spending Required $5,000
Minimum Spending Timeframe (Months) 3 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
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
$2,500
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

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 the best small business travel credit cards in Canada. You can earn up to 70,000 points as a welcome bonus:

  • 50,000 points after you spend $5,000 in the first 3 months
  • 20,000 points after you spend $35,000 in the first twelve months

Plus, there is no annual fee for the first year! And you’ll get two complimentary airport lounge visits each year.

With BMO World Elite Business Mastercard, you earn 4 points for every dollar you spend on:

  • gas
  • office supplies
  • cell phone/internet payments

And 1.5 points for every dollar spent, including at Costco.

You can use your points for travel purchases on the BMO Rewards website (flights, hotels, car rentals, all-inclusive). Finally, you can combine the points you earn with the other two BMO Rewards cards to save even more on your travel.

With the BMO World Elite Business Mastercard, you get premium insurance:

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

And for your purchases :

  • Extended Warranty
  • Purchase Protection
4.3 Milesopedia Rating