To the point
Earn up to 70,000 points and the first year free with this exclusive offer for the BMO Ascend World Elite Mastercard.
Milesopedia recommends this card from BMO
BMO Ascend™ World Elite®* Mastercard®*
Up to 70,000 Points Ends May 31, 2024
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:
2,0003,000 Bonus Miles and first year free for the BMO® AIR MILES® World Elite®* Mastercard®*8001,500 Bonus Miles for the BMO® AIR MILES® Mastercard®*60,00070,000 points for the BMO eclipse Visa Infinite* Card
To benefit from these exclusive offers, it is necessary to 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:
60,00070,000 Points and first-year free for the BMO Ascend World Elite Mastercard
70,000 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 70,000 Welcome Bonus Points:
- 40,000 points when you spend $3,000 in the first 3 months
- 2,500 points per month after $2,000 in monthly purchases from the 4th to the 15th month, up to 30,000 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 your points for travel purchases on the BMO Rewards website (flights, hotels, car rentals, all-inclusive).
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
The real strength of the BMO Ascend World Elite Mastercard is regarding points earning.
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.
And until September 30, 2022, you can redeem your BMO Rewards points for any travel purchase made with 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 travel and/or use BMO points.
Plus, it’s one of the only credit cards that offers you insurance, no matter how much you charge to your card. Convenient when paying only the taxes of an award ticket! Check out this detailed article about this card’s insurance.
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 – $2,000,000
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 |
| Departure flight delay insurance | Yes |
| Delay or loss of luggage | Yes |
| Collision/loss and damage to rental vehicle |
Yes (less than 48 days rental)
Vehicle must be worth less than $65,000. |
| Theft from a hotel | No |
| Purchasing Protection | Yes (90 days) |
| Price protection | No |
| Extended warranty | Yes (1 year) |
Benefits
Access to Airport VIP lounges
The BMO Ascend World Elite Mastercard comes with four annual airport lounge passes. All you have to do is show your credit card at the lounges.
For example, you will have access to the National Bank lounge at the Montreal-Trudeau Airport.
World Elite Concierge Service
As a BMO Ascend World Elite Mastercard credit cardholder, 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 achieved with the Platinum Card® from American Express). 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 have 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!
