
Get up to 10% cash back and the first year free!
BMO has a new welcome offer for the BMO® CashBack® World Elite®* Mastercard®*:
- Up to 10% cash back in your first 3 months
- $120 annual fee waived in the first year
So, if you apply for BMO® CashBack® World Elite®* Mastercard®*,you’ll get 10% cash back up to $2,000 in credit card purchases during the first three billing cycles.
It’s up to a $200 cash back welcome bonus. And without any annual fee for your first year!
Cash back
1.5% cash back on all card purchases
With the BMO® CashBack® World Elite®* Mastercard®*,you earn 1.5% cash back on all your card purchases.
This is a credit card we recommend for Costco: few Mastercard credit cards offer a 1.5% cash back on purchases made at Costco.

Get your CashBack faster
Unlike other credit cards with annual cashback, you earn this at each credit card statement with the BMO® CashBack® World Elite®* Mastercard®*.
There are two options:
- You can redeem for as little as $1
- You can have your CashBack rewards automatically deposited each time you reach $25 in your account
Credit card insurance
Three insurances stand out from the competition with the BMO® CashBack® World Elite®* Mastercard®*:
- Extended Warranty Plus
- Purchase Protection Plus
- Complimentary Roadside Assistance Program
Extended Warranty Plus
If you pay with your BMO® CashBack® World Elite®* Mastercard®*, this coverage increases the original manufacturer’s warranty period up to a maximum of two additional years.
So, if the product you buy has a one-year warranty, the BMO® CashBack® World Elite®* Mastercard®* Extended Warranty Plus will add two more years for a total of three years of warranty!

Purchase Protection Plus
Items purchased with your BMO® CashBack® World Elite®* Mastercard®* are automatically insured against theft or damage for up to 180 days from date of purchase (6 months)!
Most credit cards only offer 90 days (or 3 months).
Complimentary Roadside Assistance Program
The BMO® CashBack® World Elite®* Mastercard®* is one of the only credit cards in Canada to offer Complimentary Roadside Assistance.
This program include:
- free battery boosts
- flat-tire change
- delivery of emergency gasoline
- lockout service
- towing
- winch service if the vehicle is immobilized in mud, a ditch, or the snow
It’s a $69 annual value just by holding the BMO® CashBack® World Elite®* Mastercard®*!
Travel insurance coverage
The BMO® CashBack® World Elite®* Mastercard®* offers travel insurance:
Insurance | Coverage |
Emergency medical Benefits Out-of-province-of-residence |
under age 65 |
Trip Interruption Insurance | up to $2,000 per person |
Departure flight delay insurance | up to $500 per account |
Lost or Stolen Baggage Insurance | up to $750 per person |
Vehicle rental insurance | Vehicle valued up to $65,000
theft of personal effects up to $2,000 |

Discount on Alamo and National car rentals
If you have the BMO® CashBack® World Elite®* Mastercard®*, you can get up to 25% discount for car rentals:
- National Car Rental (Contract 3717122)
- Alamo Rent a car (contract 7014883)

Conclusion
This is the best time to apply for the BMO® CashBack® World Elite®* Mastercard®* to get this 10% cash back welcome offer and the annual fee waived in the first year!
You don’t have to worry about merchant categories for your cash back rate! You’ll get 1.5% anywhere, including Costco!
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