Credit Cards BMO Rewards – New Exclusive Credit Card Offers – Spring 2024

To the point Here are the new exclusive offers from Bank of Montreal (BMO) for the five BMO Rewards credit cards: up to 120,000 points!

Summary of the New Offers

Details of BMO Rewards offers BMO Ascend World Elite Mastercard BMO eclipse Visa Infinite* Card BMO eclipse Visa Infinite Privilege* Card BMO eclipse rise Visa* Card BMO Rewards® Business Mastercard®*

Summary of the New Offers

Here is a summary of the new BMO Rewards credit card welcome offers. For the details of the offers, continue reading and browse our analysis.

Details of BMO Rewards offers

Here are the details of the offers for the five BMO Rewards credit cards:

Up to 100,000 points with the BMO Ascend World Elite Mastercard^®*.
Up to 70,000 points with the BMO eclipse Visa Infinite* Card
Up to 120,000 points with the BMO eclipse Visa Infinite* Privilege Card
Up to 25,000 points with the BMO eclipse rise Visa Card
Up to 70,000 points with the BMO Rewards^® World Elite^®* Business Mastercard^®*

BMO Ascend World Elite Mastercard

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

Our opinion on this offer

BMO has decided to increase its official welcome offer for the BMO Ascend World Elite Mastercard from 30,000 to 90,000 points.

The offer above is EXCLUSIVE to Milesopedia: 100,000 points, 10,000 points more than the offer on the BMO website.

The first part of the offer is relatively simple to get: 55,000 points after $4,500 in purchases over three months. The second part is aimed at those who regularly use the card: 3,750 points per month after $2,500 in purchases from the 4th month onwards.

To better explain the breakdown of the Welcome Bonus, here is a summary chart, including the required spending and points earned through that spending (based on the 2X or 3X categories):

Month	Purchases	Category (2X or 3X)	Bonus	Total
1	$1,500	3,000 – 4,500 points	–	3,000 – 4,500 points
2	$1,500	3,000 – 4,500 points	–	3,000 – 4,500 points
3	$1,500	3,000 – 4,500 points	55,000 points	58,000 – 59,500 points
Total	$4,500	9,000 – 13,500 points	55,000 points	64,000 – 68,500 points
4	$2,500	5,000 – 7,500 points	3,750 points	8,750 – 11,250 points
5	$2,500	5,000 – 7,500 points	3,750 points	8,750 – 11,250 points
6	$2,500	5,000 – 7,500 points	3,750 points	8,750 – 11,250 points
7	$2,500	5,000 – 7,500 points	3,750 points	8,750 – 11,250 points
8	$2,500	5,000 – 7,500 points	3,750 points	8,750 – 11,250 points
9	$2,500	5,000 – 7,500 points	3,750 points	8,750 – 11,250 points
10	$2,500	5,000 – 7,500 points	3,750 points	8,750 – 11,250 points
11	$2,500	5,000 – 7,500 points	3,750 points	8,750 – 11,250 points
12	$2,500	5,000 – 7,500 points	3,750 points	8,750 – 11,250 points
Total	$27,000	54,000 – 81,000 points	88,750 points	142,750 – 169,750 points
13	$2,500	5,000 – 7,500 points	3,750 points	8,750 – 11,250 points
14	$2,500	5,000 – 7,500 points	3,750 points	8,750 – 11,250 points
15	$2,500	5,000 – 7,500 points	3,750 points	8,750 – 11,250 points
Total	$34,500	69,000 – 103,500 points	100,000 points	169,000 – 203,500 points

As you can see, in the first year, you’ll be able to earn a bonus of 88,750 points in addition to the points earned with your purchases. The condition being that you respect the minimum amount to spend each month.

If you wish to keep your card for a second year (which we recommend, given the insurance and benefits on offer, such as access to airport lounges), you can earn 100,000 points in addition to the points earned with your purchases in the 15th month.

This welcome offer is clearly aimed at cardholders who spend $2,500 or more monthly. So let’s take this a step further by calculating the percentage return on your purchases since we know that a BMO Rewards point has a value of $0.00667 for travel rewards.

Month	Purchases	Category (2X or 3X)	Bonus	Total	%
1	$1,500	$20-$30	–	$20-$30	1,33 – 2%
2	$1,500	$20-$30	–	$20-$30	1,33 – 2%
3	$1,500	$20-$30	–	$20-$30	1,33 – 2%
Total	$4,500	$60-$90	$367	$427-$457	9,5 – 10,2%
4	$2,500	$33-$50	$25	$58-$75	2,3 – 3%
5	$2,500	$33-$50	$25	$58-$75	2,3 – 3%
6	$2,500	$33-$50	$25	$58-$75	2,3 – 3%
7	$2,500	$33-$50	$25	$58-$75	2,3 – 3%
8	$2,500	$33-$50	$25	$58-$75	2,3 – 3%
9	$2,500	$33-$50	$25	$58-$75	2,3 – 3%
10	$2,500	$33-$50	$25	$58-$75	2,3 – 3%
11	$2,500	$33-$50	$25	$58-$75	2,3 – 3%
12	$2,500	$33-$50	$25	$58-$75	2,3 – 3%
Total	$27,000	$357 – $540	$592	$949 – $1,132	3,5 – 4,2%
13	$2,500	$33-$50	$25	$58-$75	2,3 – 3%
14	$2,500	$33-$50	$25	$58-$75	2,3 – 3%
15	$2,500	$33-$50	$25	$58-$75	2,3 – 3%
Total	$34,500	$456 – $690	$667	$1,123 – $1,357	3,25 – 3,93%

As you can see, including the welcome offer and your monthly spending on the BMO Ascend World Elite Mastercard, you get an effective return of 3.5% to 4.2% on your spending during the first 12 months.

If you wish to unlock only the first part of the bonus (55,000 points after $4,500 in Card purchases), you will have achieved an effective return of around 10% on your purchases. Not so bad, right?

BMO eclipse Visa Infinite* Card

When you sign up for our exclusive offer on the BMO eclipse Visa Infinite* Card, you can earn up to 70,000 BMO Rewards points as well as a $120 annual fee waiver for the first year:

40,000 points after $3,000 in purchases in the first three months
2,500 points each month after $2,000 in purchases, from month 4 to month 15 (for a total of 30,000 points)

What’s more, you’ll receive a $50 anniversary credit to use as you wish!

With the BMO eclipse Visa Infinite* Card, you can earn 5 BMO Rewards points per dollar spent on:

Groceries
Dining
Food delivery
Gas
Transit

And 1 BMO Rewards point for every $1 spent on everything else. Plus, if you add an authorized user to your account, you’ll earn 10% more points.

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.

Our opinion on this offer

BMO has decided to increase its official welcome offer for the BMO eclipse Visa Infinite* Card from 40,000 to 60,000 points.

The offer we have is EXCLUSIVE to Milesopedia: 70,000 points, which is 10,000 points more than the one displayed on the BMO website.

The first portion of the offer is relatively easy to earn: 40,000 points after $3,000 in Card purchases within the first 3 months. The second part is for those who will use the card regularly: 30,000 points at Card renewal if they have spent $25,000 within the first 12 months.

To better explain the breakdown of the Welcome Bonus, here is a summary chart, including the required spending and points earned through that spending (based on purchase categories from 1 point to 5 points per dollar):

Month	Purchases	Category (1X or 5X)	Bonus	Total
1	$1,000	1,000 – 5,000 points	–	1,000 – 5,000 points
2	$1,000	1,000 – 5,000 points	–	1,000 – 5,000 points
3	$1,000	1,000 – 5,000 points	40,000 points	41,000 – 45,000 points
Total	$3,000	3,000 – 15,000 points	40,000 points	43,000 – 60,000 points
4	$2,445	2,445 – 12,225 points		2,445 – 12,225 points
5	$2,445	2,445 – 12,225 points		2,445 – 12,225 points
6	$2,445	2,445 – 12,225 points		2,445 – 12,225 points
7	$2,445	2,445 – 12,225 points		2,445 – 12,225 points
8	$2,445	2,445 – 12,225 points		2,445 – 12,225 points
9	$2,445	2,445 – 12,225 points		2,445 – 12,225 points
10	$2,445	2,445 – 12,225 points		2,445 – 12,225 points
11	$2,445	2,445 – 12,225 points		2,445 – 12,225 points
12	$2,445	2,445 – 12,225 points	30,000 points	32,445 – 42,225 points
Total	$25,000	25,000 – 125,000 points	70,000 points	95,000 – 195,000 points

As you can see, during the first year, you will be able to get 70,000 bonus points, in addition to the points earned with your purchases. The condition is to respect the minimum amount to spend during the year.

This welcome offer is aimed at people charging close to $2,500 in monthly spending on the card. So let’s take this a step further by calculating the percentage return on your purchases since we know that a BMO Rewards point has a value of $0.00667 for travel rewards.

Month	Purchases	Category (1X or 5X)	Bonus	Total	%
1	$1,000	$6.67 – $33.35	–	$6.67 – $33.35	0,67 – 3,33 %
2	$1,000	$6.67 – $33.35	–	$6.67 – $33.35	0,67 – 3,33 %
3	$1,000	$6.67 – $33.35	$267	$273.67 – $300.35	27 – 30 %
Total	$3,000	$20 – $100	$267	$287 – $367	9,6 – 12,2 %
4	$2,445	$16.31 – $81.54	–	$16.31 – $81.54	0,67 – 3,33 %
5	$2,445	$16.31 – $81.54	–	$16.31 – $81.54	0,67 – 3,33 %
6	$2,445	$16.31 – $81.54	–	$16.31 – $81.54	0,67 – 3,33 %
7	$2,445	$16.31 – $81.54	–	$16.31 – $81.54	0,67 – 3,33 %
8	$2,445	$16.31 – $81.54	–	$16.31 – $81.54	0,67 – 3,33 %
9	$2,445	$16.31 – $81.54	–	$16.31 – $81.54	0,67 – 3,33 %
10	$2,445	$16.31 – $81.54	–	$16.31 – $81.54	0,67 – 3,33 %
11	$2,445	$16.31 – $81.54	–	$16.31 – $81.54	0,67 – 3,33 %
12	$2,445	$16.31 – $81.54	$201	$16.31 – $81.54	0,67 – 3,33 %
Total	$25,000	$167 – $834	$468	$635 – $1,302	2,54 – 5,20 %

As you can see, when you combine the welcome offer with your monthly spending on the BMO eclipse Visa Infinite* Card, you get an effective return of 2.54% to 5.20% on your spending during the first 12 months.

And if you only want to unlock the first tier of the bonus (40,000 points after $3,000 in purchases), you’ll get an effective return of about 10-12% on your purchases. Not so bad, right?

And don’t forget that this Card has a $50 annual credit that is automatically applied to the first purchase of $50 or more charged to the Card. This helps to reduce the annual fee to $70 instead of $120… each year!

BMO eclipse Visa Infinite Privilege* Card

The BMO eclipse Visa Infinite Privilege* Card is a premium metal card! With this card, you can earn up to 120,000 BMO Rewards points:

50,000 points when you spend $6,000 in the first 3 months
30,000 points after $30,000 in card purchases in the first six months
40,000 points at annual card renewal if you have made $75,000 in card purchases in the first 12 months

Plus, you’ll receivea $200 anniversary credit to use as you wish!

As well as a Visa Airport Companion membership with 6 complimentary airport lounge visits per year.

With this Card, you earn 5 BMO Rewards points per dollar of purchases for:

Groceries
Gas
Drugstores
travel purchases
Dining
Food delivery

And 1 BMO Rewards point for every $1 spent on everything else.

BMO eclipse rise Visa* Card

The new BMO eclipse rise Visa* Card is a no-annual-fee travel rewards credit card with no minimum income required.

With this offer, you can earn up to 25,000 points as a welcome bonus:

20,000 points after $1,500 in purchases in the first 3 months
2,500 bonus points for redeeming at least 12,000 points annually towards your statement balance with Pay with points
2,500 bonus points for paying your full credit card balance on time for 12 consecutive months

Moreover, you can get a 0.99% introductory interest rate on Balance Transfers for 9 months (a 2% fee applies to balance amounts transferred).

With the new BMO eclipse rise Visa* Card, you get :

5 points for every two dollars spent on recurring bill payments
5 points for every two dollars spent at the grocery store
5 points for every two dollars in dining and takeout purchases
1 point per two dollars spent on everything else

The new BMO eclipse rise Visa* Card also offers:

Mobile Device Insurance
Purchase Protection
Extended warranty insurance

BMO Rewards^® Business Mastercard^®*

The BMO World Elite®* Business Mastercard®* is one of Canada’s best travel points Mastercard for Business credit cards. You can earn up to 100,000 points as a welcome bonus:

20,000 points when you make your first purchase with your card in the first 75 days after the account open date;
8,000 points per month when you spend at least $3,000 per month within month 3 and 12 after the account open date (for a total of 80,000 points).

Plus, the annual fee is waived for the first year! And you get 2 free visits a year to DragonPass airport lounges.

You can also enjoy a 0% introductory interest rate on balance transfers for nine months (with a 3% transfer fee).

With the BMO World Elite®* Business Mastercard®*, you earn 4 points per dollar spent on:

gas purchases
office supply purchases
cell phone/internet payments

And 1.5 points for every dollar you spend, including at Costco or for significant purchases at home improvement stores.

You can also combine the points you earn with the other two BMO Rewards cards to save even more on your travels.

With the BMO World Elite®* Business Mastercard®*, you get many travel insurance coverages:

Collision Damage Waiver
Car Rental Personal Effects & Business Property
Car Rental Accidental Death & Dismemberment
Baggage & Personal Effects
Baggage insurance in case of delay
Flight Cancellation
Trip Interruption/Trip Delay
Flight delay
Common Carrier Insurance

And for your purchases :

Extended Warranty
Purchase Protection

Come to discuss that topic in our Facebook Group!

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.

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