The BMO^® World Elite^®* Mastercard^®* is one of the best Mastercard credit cards with travel points in Canada.

You can get a welcome bonus of up to 30,000 points:

• 25,000 points after $3,000 in purchases in the first 3 months
• 5,000 points on your first anniversary (12 months after the account opening date)

In addition, the $120 annual fee is waived in the first year!

The BMO^® World Elite^®* Mastercard^®* also offers:

• 4 complimentary passes to airport VIP lounges
• Premium insurance for your travels or purchases
• Concierge services

With the BMO World Elite Mastercard, you get 3 points for every dollar spent on:

• Travel
• Dining
• Entertainment

And 2 points for every dollar you spend, Costco included!

You’ll be able to earn 2 points for every dollar you spend at Costco with the BMO World Elite Mastercard.

Finally, you can combine the points you get with the two other BMO Rewards cards to save even more on your travels!

You can redeem BMO Rewards points in 5 different ways:

• Travel
• Investment / statement credit
• All gift cards
• Products
• Experiences

However, travel is the best redemption of BMO Rewards points.

The BMO World Elite Mastercard offers a number of insurance benefits for:

• your trips
• your purchases

The BMO World Elite Mastercard offers a wide range of insurance coverage for your travels:

• Out-of-Province/Country Emergency Medical Insurance
• Insurance when renting a vehicle
• Baggage and Personal Effects Insurance
• Trip Cancellation Insurance
• Trip Interruption/Trip Delay
• Departure flight delay insurance
• Common Carrier Insurance

To be eligible for the 21-day Out-of-Province/Country Medical Insurance offered with this BMO World Elite MasterCard, you must be under the age of 65.

Your Coverage Period may be extended provided that no event giving rise to a claim under this insurance has occurred, and You request an extension by telephone prior to Your scheduled return date. The total duration of the Trip, including extensions, cannot exceed 183 days (212 days if You reside in Ontario or Newfoundland).

To request an extension, call the Operations Service center at 1-877-704-0341 in North America; elsewhere around the world call collect 519-741-0782. The premium payment must be charged to Your BMO World Elite Mastercard Account.

This Out-of-Province/Country Emergency Medical Insurance covers the Reasonable and Customary Charges for the Eligible Expenses listed below, when incurred by or on behalf of the Insured Person as a result of a Medical Emergency during the Coverage Period

• Medical, hospitalization and ambulance costs
• Private duty nursing
• Emergency evacuation or airlift
• Other Professional Services
• Emergency dental care
• Transport to the bedside
• Return of the remains
• Additional costs for meals and hotel accommodation
• Return of the vehicle

This insurance covers reasonable and customary expenses up to a maximum of $2,000,000.

The full cost, or a portion of the rental cost, must be charged to the BMO World Elite Mastercard Account or paid through loyalty points earned under the Mastercard rewards program.

Maximum duration: 48 days.

With the BMO World Elite Mastercard, you are covered for the following risks associated with a Rental Vehicle with a Manufacturer’s Suggested Retail Price (MSRP) for the vehicle year not exceeding $65,000

• damage to the Rental Vehicle;
• theft of the Rental Vehicle, its parts or accessories;
• charges levied by the rental agency as a result of valid loss of use while the Rental Vehicle is being repaired; and
• the reasonable and customary costs of towing the Rental Vehicle to the nearest available facility

Rental Vehicle Accidental Death and Dismemberment Insurance provides coverage to an Insured Person who suffers a “loss” as a result of an Accidental Bodily Injury while occupying an eligible Rental Vehicle.

The maximum benefit payable for any one accident is $300,000.

Personal Effects Insurance covers theft of or damage to the Insured’s personal effects while the personal effects are inside the Rental Car during a Trip within the eligible rental period.

The benefit provided during an eligible rental period is the Actual Cash Value of Your Personal Effects up to a maximum of $1,000 per Insured Person per occurrence. The total amount of benefits per rental period cannot exceed $2,000 per BMO World Elite MasterCard Account.

Coverage applies only when you pay for all or part of the cost of your trip with the BMO World Elite MasterCard prior to your departure.

The portion of the prepaid trip that is non-refundable or cannot be rescheduled will be reimbursed to you, up to a maximum of $2,500 per Insured Person, to a maximum of $5,000 per Account.

Coverage applies only when you pay for all or part of the cost of your trip with the BMO World Elite MasterCard prior to your departure.

You will be reimbursed for the extra cost of a one-way economy airfare to your departure or destination and the non-refundable, unused portion of your ground transportation benefits, up to a maximum of $2,000 per Insured Person.

Coverage applies only when you pay for all or part of the cost of your trip with the BMO World Elite MasterCard prior to your departure.

Flight delay coverage provides compensation if the arrival or departure of your scheduled flight is delayed by more than 4 hours. You will be reimbursed up to a maximum of $500 per Account per trip for reasonable additional expenses incurred for accommodation and travel.

Baggage and Personal Effects Insurance provides reimbursement for the Actual Cash Value of the item involved, up to $750 per Insured Person, to a maximum of $2,000 per Account, per Trip, as follows

• For loss of or damage to Baggage or Personal Effects carried or used by You during the Trip, the maximum coverage provided is $500 per item.
• In the event of theft, burglary, fire or transportation hazards to Baggage or Personal Effects carried or used by You during the Trip, the maximum coverage provided is $500 per item.
• In the event of loss of or damage to photographic equipment during the Trip, the maximum coverage provided is $500 per item; all components of the photographic equipment being considered as one item.
• In the event of loss or damage to jewellery during the Trip, the maximum coverage provided is $500 per item; all jewellery is considered one item.
• A maximum of $200 will be paid for the purchase of basic necessities if the arrival of Checked Baggage has been delayed by the Common Carrier of twelve (12) hours or more during the Trip to Your destination and before returning to Your original point of departure. The claim must be accompanied by proof of delay of Checked Baggage issued by the Common Carrier and receipts for purchases made. These purchases must be made within thirty-six (36) hours of Your arrival at Your destination. The cost of items purchased under this benefit will be deducted from the maximum payable under the Baggage and Personal Effects benefit, if it is later determined that Your Personal Baggage has been lost, stolen or damaged.

The Amount of indemnity in respect of an Insured Person whose coverage has become effective shall not exceed $500,000.

Most items are automatically covered for 90 days from the date of purchase with the BMO World Elite Mastercard.

This insurance protects against theft or damage to an insured item anywhere in the around the world. The total throughmaximum coverage that can apply to Purchase Security and Extended Warranty is $60,000 per Account.

This insurance provides an extension of the original manufacturer’s warranty for up to one year.

The total throughmaximum coverage that can apply to Purchase Security and Extended Warranty is $60,000 per Account.