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BMO CashBack® World Elite®* Mastercard®* is one of Canada’s best cash back Mastercard credit cards.
Currently, for a limited time, you could earn up to $480 cash back in the first year. Specifically, you will earn $40 cash back for each monthly period in which you make $2,000 in purchases on your card.
Plus, there is no annual fee for the first year!
Additionally, you benefit from a 0% welcome interest rate on balance transfers for 12 months, as well as a 2% balance transfer fee.
With BMO CashBack® World Elite®* Mastercard®*, you get between 2% and 5% cash back on many categories of purchases:
Everywhere else, you’ll earn 1% cash back, including at Costco. It is also one of the only credit cards in its category to offer a 2 additional years extended warranty.
Finally, enjoy six months of Instacart+ membership and a monthly $10 Instacart credit when you sign up with your eligible BMO credit card.
Specifically, by applying for the BMO CashBack® World Elite®* Mastercard®*, you will get $40 cash back for each monthly period where you make $2,000 in purchases on your card.
This means a welcome bonus that can amount to $480 cash back. And this, with no annual fees for the first year!
With the BMO CashBack World Elite Mastercard, you get between 2% and 5% cash back on many purchase categories:
Note that on the Mastercard side, Walmart Supercenters fall under the grocery category, which should get you 5% cash back at Walmart.
Everywhere else, you’ll earn 1% cash back, including at Costco.
Unlike other credit cards that pay out cash back annually, BMO CashBack World Elite Mastercard rewards are paid out with each statement.
There are two options:
While other credit cards only allow one annual cashback redemption, the BMO CashBack World Elite Mastercard lets you get it whenever you want!
Three insurance policies stand out from the competition on the BMO CashBack World Elite Mastercard:
By paying for your purchases with the BMO CashBack World Elite Mastercard, you automatically receive an extension of the original manufacturer’s warranty period for up to two additional years.
So, if the product you purchase has a one-year warranty, the BMO CashBack World Elite Mastercard‘s Extended Warranty Plus will add two more years for a total of three years of warranty coverage!
By paying for your purchases with the BMO CashBack World Elite Mastercard, you automatically get additional protection covering you against theft and damage for up to 180 days from the date of purchase, or 6 months!
Most credit cards only offer 90 days (or 3 months) of protection.
The BMO CashBack World Elite Mastercard is one of the only credit cards in Canada to offer free roadside assistance services.
This program include:
That’s a value of $69 per year earned simply by holding the BMO CashBack World Elite Mastercard!
Le livret d’assurances de la BMO CashBack World Elite Mastercard est disponible ici.
The BMO CashBack World Elite Mastercard offers travel insurance:
Vehicle valued up to $65,000
theft of personal effects up to $2,000
BMO CashBack World Elite Mastercard holders receive up to 25% off car rentals from:
This is the best time to apply for the BMO CashBack® World Elite®* Mastercard®* to take advantage of its welcome offer as well as the annual fee waiver for the first year!
With this card, you’ll earn between 1% and 5% cash back on many everyday purchases such as groceries, transit, gas and electric vehicle charging, and recurring bill payments.
Savings are here (if you don’t see the sign-up form, please click here):
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