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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.
With the new exclusive welcome offer, you can earn up to 115,000 BMO Rewards points, worth an estimated $770 in travel rewards. Combined with the first-year annual fee waiver ($150) and the NEXUS credit of up to $200, the total first-year value can reach $1,700.
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 = $670115,000 points = $770
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).
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 don’t have this card yet, take advantage of this new exclusive welcome offer (up to 115,000 BMO Rewards points) while also getting the first year free.
Here are frequently asked questions in the milesopedia community about this card.
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