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Milesopedia.com has been a BMO partner since 2015. As such, BMO offers welcome offers on several of its products. Today, we are presenting you with this offer:
The BMO Ascend World Elite Mastercard is one of the best World Elite Mastercard credit cards with travel points in Canada. With our offer, you can get a welcome bonus of up to 100,000 points:
Plus, there are no annual fees in the first year for the primary cardholder and additional cardholders!
With the BMO Ascend World Elite Mastercard, a premium credit card from BMO, you get:
And 1 point for every $1 spent everywhere else, including at Costco. You can use BMO Rewards points for all travel purchases made through the agency or website of your choice (plane tickets, hotels, rental cars, all-inclusive packages, Airbnb, etc.) or for rewards and gift cards on the BMO Rewards platform.
The BMO Ascend World Elite Mastercard also offers:
Finally, enjoy six months of Instacart+ membership and a monthly $10 Instacart credit when you sign up with your eligible BMO credit card.
Points accumulation is the BMO Ascend World Elite Mastercard®* strength.
You will earn 5 points per dollar for your travel purchases. It’s one of the best credit cards in Canada for this type of purchase.
Next, you will earn 3 points per dollar spent on restaurant and bar purchases, entertainment, or recurring bill payments. Everywhere else, you’ll earn 1 point per dollar, including at Costco.
BMO Rewards points have a fixed value for redemption into travel rewards:
You can redeem your BMO Rewards points on the dedicated BMO Rewards portal. As always, the best return you can get from your points will be on travel: flights, hotels, car rental, etc.
Especially since you can redeem your BMO Rewards points for any travel purchase made with your credit card. And this at the same exchange rate as if you had made the reservation with BMO Rewards!
You can redeem any number of points and top it off with a payment on your credit card.
The BMO Ascend World Elite Mastercard covers you from the moment you use it to pay for your trip and/or use BMO points.
Here are the main features the insurance offers (as always, we invite you to check the details of the coverage in the insurance booklet that will be provided to you at the time of application or available on the BMO website).
Yes – $5,000,000
Under 65 years old
Over 65: age-based option
Maximum 21 days (extension possible)
Optional 31-day insurance for people aged 65 to 74
Yes (less than 48 days rental)
The vehicle must be worth less than $65,000.
Insurance booklet link BMO Ascend World Elite Mastercard®* link
With the BMO Ascend World Elite Mastercard, you can benefit from 4 annual accesses to airport lounges. You will need to register your BMO Mastercard credit card with DragonPass.
This will give you, for example, access to the National Bank or Air France lounge at Montreal-Trudeau Airport.
Effective December 15, 2025, you can receive a credit for NEXUS application fees up to $200. However, this credit is only applicable during your first year as a cardholder.
To do this, simply charge your NEXUS membership or renewal fees to your BMO Ascend World Elite Mastercard. You will then see this credit appear on your credit card account.
As a BMO Ascend World Elite Mastercard holder, you have access to this concierge service offered by Mastercard. It can be useful, especially when you are abroad and do not speak the language well.
As a Mastercard credit card, the BMO Ascend World Elite Mastercard is accepted at Costco.
Although not widely advertised, you could earn double the points (i.e., 4 points per dollar spent) on your car rentals with National Car.
National Car is the car rental company we use most often (Executive status can be obtained through the American Express Platinum® Card). This allows you to choose any vehicle by booking only the intermediate class.
You can combine the best of both worlds as we showed you on our trip to Vancouver where we were able to get a brand new Volvo XC60 SUV for the price of a mid-size car.
The BMO Ascend World Elite Mastercard is perfect if you have a lot of travel expenses and would like to benefit from solid insurance. What’s more, you get 4 annual airport lounge passes.
If you don’t have this card yet, take advantage of this welcome offer while enjoying the first year free!
Savings are here (if you don’t see the sign-up form, please click here):
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