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Milesopedia.com has been a BMO partner since 2015. As such, BMO offers welcome bonuses on several of its products. Today, we are presenting you with this offer:
The BMO Ascend World Elite Mastercard is one of the best World Elite Mastercard credit cards with travel points in Canada. With our exclusive welcome offer, you can get up to 115,000 points:
115,000 BMO Rewards points have a value of approximately $770, which you can apply to any travel charged to your card.
And there are no annual fees for the first year for the primary cardholder and additional cardholders! This exclusive offer ends on March 31, 2026.
Plus, enjoy a 0% welcome interest rate on balance transfers for 12 months, as well as a 2% balance transfer fee.
With the BMO Ascend World Elite Mastercard, a premium credit card from BMO, you get:
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 (plane tickets, hotels, rental cars, all-inclusive packages, Airbnb, etc.) or for rewards and gift cards on the BMO Rewards platform.
The BMO Ascend World Elite Mastercard also offers:
Finally, enjoy six months of Instacart+ membership and a monthly $10 Instacart credit when you sign up with your eligible BMO credit card.
As you can see, to get the full 115,000-point welcome bonus, there are several spending tiers to reach.
You could simply choose to reach the first tier, which already offers you 60,000 points after $5,000 in purchases within the first 110 days of account opening. This already represents a value of approximately $400 for any travel purchase charged to the card!
But if you wish to unlock the full welcome bonus, here is a simulation of the points you could earn by making your purchases in the accelerated categories offering 3 points per dollar:
Also, remember that you earn 5 points per dollar on travel purchases.
175,012 BMO Rewards points are worth $1,172 for any travel purchase.
This also means that for $20,004 in purchases over 12 months, this represents a return of approximately 5.8% if you use your points for a statement credit for any travel purchase.
Given that the first year is free, you have a net value of $1,172 by unlocking the full welcome offer and making your purchases in the 3x points categories.
And remember, this card includes annual benefits, such as four complimentary airport lounge visits and excellent insurance coverage for your purchases and travel!
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 for redemption into travel rewards:
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).
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
Yes (less than 48 days rental)
The vehicle must be worth less than $65,000.
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. Vous verrez ensuite apparaître ce crédit sur votre compte de carte de crédit .
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.
As a Mastercard credit card, the BMO Ascend World Elite Mastercard is accepted at Costco.
Although not widely advertised, you could earn double the points (i.e., 4 points per dollar spent) on your car rentals with National Car.
National Car is the car rental company we use most often (Executive status can be obtained through 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.
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 do not yet have this card, take advantage of this exclusive welcome offer while also enjoying the first year free!
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