Exclusive Offer: Up To 100,000 Points With The BMO Ascend World Elite Mastercard®*!

Updated May 31, 2024
Fact checked by
Alexandrine Bertrand
Alexandrine Bertrand

Alexandrine Bertrand

Alexandrine Bertrand
An avid solo traveller, Alexandrine is an expert on loyalty programmes such as Aeroplan, Avios, AIR MILES, Flying Blue and Marriott Bonvoy. With a budget-conscious approach, she helps travellers make the most of their points and miles to experience affordable, off-the-beaten-path getaways. She also shares a love of gastronomy and enjoys exploring local flavours and culinary traditions.
All posts by Alexandrine Bertrand
bmo ascend featured offer
To the point Earn up to 100,000 points and a first-year annual fee rebate with this exclusive offer for the BMO Ascend World Elite Mastercard®*.

Exclusive Welcome Offer

Milesopedia.com has been a BMO partner since 2015. As such, BMO has exclusive offers on some of its products that you won’t find on the BMO website!

For example:

To benefit from these exclusive offers, you must apply through our affiliate links. By doing so, you will get a much higher welcome bonus than the current offer for other customers, and you will support the development of Milesopedia and its community!

Today we have a new exclusive offer from BMO for Milesopedia readers:

100,000 BMO Rewards points

The BMO Ascend World Elite Mastercard is one of the best World Elite Mastercard credit cards with travel points in Canada. With our exclusive offer, you can get up to 100,000 bonus points:

  • 55,000 points after $4,500 in Card purchases in the first 3 months
  • 3,750 points per month after $2,500 in monthly purchases from the 4th to the 15th month (up to 45,000 points)

Plus, the annual fee is waived in the first year for both the primary cardholder and authorized users.

With the BMO Ascend World Elite Mastercard, a premium credit card from BMO, you get:

  • 5 points per dollar on travel purchases
  • 3 points per dollar on dining purchases
  • 3 points per dollar for entertainment purchases
  • 3 points per dollar on recurring bill payments

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 (flights, hotels, car rentals, all-inclusive resorts, Airbnb, etc.) or for rewards and gift cards on the BMO Rewards platform.

The BMO Ascend World Elite Mastercard also offers:

  • Four annual complimentary passes to airport VIP lounges
  • Excellent Premium insurance for your travels or purchases
  • a premium concierge service

BMO Rewards points

Earning points

Points accumulation is the BMO Ascend World Elite Mastercard®* strength.

You will earn 5 points per dollar for your travel purchases. It is one of the best credit cards in Canada for this type of purchase.

Then you’ll earn 3 points per dollar for restaurant and bar purchases, entertainment or recurring bill payments. Everywhere else, you’ll earn 1 point per dollar, including at Costco.

Points value

BMO Rewards points have a fixed value for travel rewards redemption:

  • 1 point = $0.0067
  • 100 points = $0.67
  • 10,000 points = $67
  • 40,000 points = $268

Redeeming points

You can redeem your BMO Rewards points on the dedicated BMO Rewards portal. As always, the best return you can get from your points is on travel: airfare, hotels, car rentals, etc.

Moreover, you can redeem your BMO Rewards points for any travel purchase charged to your credit card. And at the same redemption 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.

Insurance

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).

Insurance Coverage
Public transport accident $500,000
Medical care

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

Interruption Yes
Cancellation Yes
Flight delay Yes
Delay or loss of luggage Yes
Collision/loss and damage to rental vehicle

Yes (less than 48 days rental)

 

The vehicle must be worth less than $65,000.

Theft from a hotel Yes
Purchasing Protection Yes (90 days)
Extended warranty Yes (1 year)

Insurance booklet link BMO Ascend World Elite Mastercard®* link

Benefits

Access to Airport VIP lounges

With the BMO Ascend World Elite Mastercard, you can enjoy four annual visits to airport lounges. You will need to register your BMO Mastercard credit card with DragonPass.

For example, you’ll have access to the National Bank or Air France lounges at Montreal-Trudeau Airport.

World Elite Concierge Service

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.

Accepted at Costco

As a Mastercard credit card, the BMO Ascend World Elite Mastercard is accepted at Costco.

Double points with National Car

It’s not well known, but you could earn double points (4 points per dollar spent) on your car rentals from National Car.

National Car is the car rental company we use the most (Executive status can be obtained with 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.

Bottom Line

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 four annual visits to airport lounges.

If you don’t have this card yet, take advantage of our exclusive offer and get the first-year free!

Come to discuss that topic in our Facebook Group!
Jean-Maximilien Voisine

Jean-Maximilien Voisine

Jean-Maximilien Voisine
Jean-Maximilien, President and Founder of Milesopedia, is a recognized expert in rewards programs, credit cards, and travel in Canada and France. Approaching forty and a father of two, he has travelled to over 100 countries, half of them with his children and his wife, Audrey. Specializing in top loyalty programs like Aeroplan, American Express Membership Rewards, and Marriott Bonvoy, he guides travellers to maximize their benefits across North America and Europe.
All posts by Jean-Maximilien Voisine

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