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10% Cash Back with the BMO CashBack World Elite MasterCard!

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Earn 10% Cash Back and the first year free with the BMO CashBack World Elite Mastercard!

Get up to 10% cash back and the first year free!

BMO has a new welcome offer for the BMO® CashBack® World Elite®* Mastercard®*:

  • Up to 10% cash back in your first 3 months
  • $120 annual fee waived in the first year

So, if you apply for BMO® CashBack® World Elite®* Mastercard®*,you’ll get 10% cash back up to $2,000 in credit card purchases during the first three billing cycles.

It’s up to a $200 cash back welcome bonus. And without any annual fee for your first year!

Cash back

1 to 5% Cash Back

With the BMO® CashBack® World Elite®* Mastercard®*, you earn between 2% and 5% cash back on many spending categories:

  • 5% on grocery purchases (on the first $500 you spend monthly)
  • 4% on transit (on the first $300 you spend monthly)
  • 3% on gas and electric vehicle charging (on the first $300 you spend monthly)
  • 2% on recurring bill payments (on the first $500 you spend monthly)

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.

Get your CashBack faster

Unlike other credit cards with annual cashback, you earn this at each credit card statement with the BMO® CashBack® World Elite®* Mastercard®*.

There are two options:

  • You can redeem for as little as $1
  • You can have your CashBack rewards automatically deposited each time you reach $25 in your account
Cashback whenever you want

While other credit cards only allow for an annual cashback redemption, with the BMO® CashBack® World Elite®* Mastercard®* you get your cashback whenever you want!

Credit card insurance

Three insurances stand out from the competition with the BMO® CashBack® World Elite®* Mastercard®*:

  • Extended Warranty Plus
  • Purchase Protection Plus
  • Complimentary Roadside Assistance Program

Extended Warranty Plus

If you pay with your BMO® CashBack® World Elite®* Mastercard®*, this coverage increases the original manufacturer’s warranty period up to a maximum of two additional years.

So, if the product you buy has a one-year warranty, the BMO® CashBack® World Elite®* Mastercard®* Extended Warranty Plus will add two more years for a total of three years of warranty!

Washing Machine

Purchase Protection Plus

Items purchased with your BMO® CashBack® World Elite®* Mastercard®* are automatically insured against theft or damage for up to 180 days from date of purchase (6 months)!

Most credit cards only offer 90 days (or 3 months).

Complimentary Roadside Assistance Program

The BMO® CashBack® World Elite®* Mastercard®* is one of the only credit cards in Canada to offer Complimentary Roadside Assistance.

This program include:

  • free battery boosts
  • flat-tire change
  • delivery of emergency gasoline
  • lockout service
  • towing
  • winch service if the vehicle is immobilized in mud, a ditch, or the snow

It’s a $69 annual value just by holding the BMO® CashBack® World Elite®* Mastercard®*!

Insurance

The BMO® CashBack® World Elite®* Mastercard®* Insurance PDF is available here.

Travel insurance coverage

The BMO® CashBack® World Elite®* Mastercard®* offers travel insurance:

Insurance Coverage
Emergency medical Benefits
Out-of-province-of-residence
under age 65
Trip Interruption Insurance up to $2,000 per person
Departure flight delay insurance up to $500 per account
Lost or Stolen Baggage Insurance up to $750 per person
Vehicle rental insurance Vehicle valued up to $65,000

theft of personal effects up to $2,000

leased vehicle

Discount on Alamo and National car rentals

If you have the BMO® CashBack® World Elite®* Mastercard®*, you can get up to 25% discount for car rentals:

  • National Car Rental (Contract 3717122)
  • Alamo Rent a car (contract 7014883)
national featured

Conclusion

This is the best time to apply for the BMO® CashBack® World Elite®* Mastercard®* to get this 10% cash back welcome offer and the annual fee waived in 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.

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