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The BMO Ascend World Elite Mastercard is one of the best World Elite Mastercard credit cards with travel points in Canada. With our exclusive welcome offer, you can earn up to 100,000 BMO Rewards points.
These points have a value of approximately $650 to $700, according to our estimate, and can be applied to your travel expenses.
Plus, there is no annual fee for the first year for the primary cardholder and additional cardholders.
You can also take advantage of a 0% introductory interest rate on balance transfers for 12 months, with a 2% balance transfer fee.
With the BMO Ascend World Elite Mastercard, you get:
You can use BMO Rewards points for your travel (flights, hotels, car rentals, packages, etc.) or for rewards and gift cards on the BMO Rewards platform.
The card also offers:
Finally, enjoy six months of Instacart+ membership and a $10 monthly Instacart credit when you sign up with your eligible BMO credit card.*
The BMO Ascend World Elite Mastercard is an attractive option for travellers looking for a balanced combination of points earning, airport lounge access, and strong insurance coverage.
Its main appeal lies in the overall value of the offer, which is not limited to points alone, but also includes tangible benefits such as airport lounge passes, a NEXUS credit, and a first-year annual fee waiver.
It is also a relevant card for those who regularly spend on travel, since this category lets you earn 5 points per dollar spent.
Finally, the fact that the first-year annual fee waiver also applies to authorized users adds a welcome benefit for households looking to maximize the card’s value from the first year.
Points accumulation is the main strength of the BMO Ascend World Elite Mastercard®* .
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 when redeemed for travel rewards:
1 point = $0.0067100 points = $0.6710,000 points = $6740,000 points = $26860,000 points = $40280,000 points = $536100,000 points = $670
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.
You can receive a refund for NEXUS application fees up to a value of $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.
Enjoy six months of Instacart+ membership and a $10 monthly Instacart credit when you sign up with your eligible BMO credit card.
Since it is a Mastercard, the card is accepted at Costco.
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 do not yet have this card, take advantage of this exclusive welcome offer while also enjoying the first year free!
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