Brim World Elite Mastercard

Brim World Elite Mastercard

One of the best credit cards for insurance and no-FX fee.

Welcome Bonus

None

Best For

Value
Year 1

$679

Years 2 and +

$281

Annual Fee

$199

First Year Annual Fee Rebate (terms apply)
Interest rates
Purchase Rates

19.99 %

Cash Advance Rates

21.5 %

Balance Transfer Rates

19.99 %

Your Monthly Spending

Offer

Offer
  • Welcome Offer: Get up to 30,000 points – 25,000 points when you spend $3,000 in the first 3 months plus 5,000 points on your first anniversary, and the $150 annual fee waived in the first year.*
  • Complimentary membership in Mastercard Airport Experiences provided by LoungeKey, with exclusive VIP access, plus four annual complimentary passes* ($140 Value/Year).
  • Get 3 BMO Rewards points for every $1 spent on travel, dining and entertainment purchases*
  • Get 2 points for every $1 spent everywhere else*”
  • Points you can use to cover all flight charges & taxes*
  • Fly on any airline, with no blackout dates*
  • Best-in-class travel and medical insurance (unlimited trips per year)*
  • Get valuable benefits and offers for digital everyday services from a variety of on-demand apps and subscription services
  • Access over 1 million Wi-Fi hotspots around the world – all at no added cost, and no added fees or roaming charges*
  • Unlock Mastercard Travel Rewards cashback offers when you travel and shop outside of Canada

Fees & Conditions

Personal Income $80,000
Household Income $150,000
Annual Fee $199
First Year Annual Fee Rebate
First Additional Card $50
Other Additional Card $50
Foreign Transaction Fee 0.00%
Purchase Rates 19.99%
Cash Advance Rates 21.5%
Balance Transfer Rates 19.99%

Value

Year 1
Years 2 and +
Welcome bonus
0 $
Annual credit
Travel benefits
VIP lounges
First Year Annual Fee Rebate
-
First-Year Offer Value
Accumulated rewards
Annual fee
Net value
Value

Reward points value

We have established a valuation of the reward point in cents for each loyalty program. More information on the points valuation page.

First-year value

For all credit cards offers, we estimate the value of the welcome offer (bonus, annual fee rebate) in the first year, plus the value of the rewards earned based on your purchases entered in the calculator for the six categories:

  • Grocery
  • Gas/Transit
  • Meals
  • Travel
  • Bills
  • Other purchases

First-Year Net Value = Welcome Bonus Value + Benefits (Annual Credit, VIP lounges, etc.) + Earned Rewards First-Year Annual Fee

Value of subsequent years

For the value of subsequent years, we consider the earned rewards based on your purchases indicated in the calculator and any benefits offered.

Subsequent years’ net value = Earned Rewards + Benefits (Annual Credit, VIP lounges, etc.) Annual fee

VIP lounges:

For credit cards with complimentary airport lounge access, this benefit is calculated as follows:

  • 1 access = $35
  • Unlimited access = $350 (the value of 10 annual visits)

Advantages

Welcome Bonus up to 30,000 points
Minimum Spending Timeframe 90 day(s)
Concierge
Wifi Access
Costco

Earnings

All Spending 2
Drugstores 2
Groceries 2
Convenience Stores 2
Gas 2
Telecom/Internet 2
Local Transport 2
Streaming services 2
Dining and Food delivery 2
Online transactions 2
Recurring Payments 2
Office Supplies 2
Travel 2
Entertainment 2

Insurance

Common Carrier Travel Accident Insurance Amount $500,000
Flight Delay Insurance Amount $500
Delayed Baggage Amount $1,000
Lost/Stolen Baggage Insurance Amount $1,000
Trip Cancellation Insurance Amount Per Person $2,500
Trip Interruption Insurance Amount Per Person $5,000
Travel medical insurance up to 64 years old
Travel medical insurance up to 64 years old - Duration 15 day(s)
Travel medical insurance 65+
Travel medical insurance 65+ - Duration 3 day(s)
Auto Rental Loss/Insurance - Amount MSPP $65,000
Hotel/Motel Burglary Insurance - Amount $1,000
Purchase Protection - Amount $60,000
Purchase Protection - Duration 90 day(s)
Travel Medical Insurance
Extended Warranty
Extended Warranty - Duration 1 year