BMO® Ascend World Elite®* Business Mastercard®* vs RBC® Business Cash Back Mastercard‡

¹ a) The value of up to $1,520 could be earned in the first year of Account opening and is based on the combined total value of:

b) BMO Ascend World Elite Business Mastercard applications must be received between June 3, 2024 and December 13, 2025 (the “Offer Period”) to be eligible for this offer. 20,000 BMO Rewards points will be applied to your BMO Rewards Collector Account only after the first eligible Purchase is made on the account (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) in the first 75 days after the account open date, as long your account is open and in good standing at the time you qualify for the points. 20,000 BMO Rewards first-use bonus points will be credited to your Collector Account within three (3) business days following the qualifying spend. Receive additional 8,000 BMO monthly Rewards points after you spend a minimum of $3,000 (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) per month within month 3 – 12 (Month 3 starts on Day 76 and Month 12 ends Day 375) after the account open date, as long your account is open and in good standing at the time you qualify for the additional points. BMO Rewards monthly bonus points will be credited to your Collector Account within seven (7) business days following the qualifying $3,000 net monthly spend. The primary cardholder’s annual fee of $149 will be rebated in the first year and will appear as a fee and a credit on the primary cardholder’s first statement. The primary cardholder’s annual card fee applies after the first year and will appear on your account statement twelve (12) months after the account open date. Your credit card account must be open and in Good Standing at the time the annual card fee rebate is awarded. If an additional cardholder is added to the account within the first year, the Additional Card annual fee of $50 per card will be charged at a prorated rate and will not be waived or rebated. This offer is not available to current or former BMO Ascend World Elite Business Mastercard cardholders who reinstate a closed account or open a new account during the “Offer Period”. Existing BMO credit card cardholders who transfer into this product during the Offer Period are not eligible for this offer. If you cancel your card within ninety (90) days of account opening, the welcome bonus will be cancelled. If you receive points in error, we reserve the right to deduct them from your points balance. This offer may be withdrawn or changed without notice.

c) You can redeem for travel rewards at bmorewards.com or by calling the BMO Rewards Centre. Points can be used to cover any applicable taxes and fees. If you don’t have enough points to redeem a particular travel reward, you can top up the number of points you need by purchasing those points on your card. There is no maximum top up amount for travel rewards. There is no online booking fee. We charge fees plus applicable taxes for each phone reservation, modification or cancellation of a travel reservation. For fees, please see the Important Information enclosure that is provided with your BMO credit card and any notice that we may provide you. Supplier fees for each change or cancellation to your travel arrangements may also apply and will be disclosed at the time of booking based on your specific travel reservation. Booking fees, change fees and cancellation fees are non-refundable. All travel rewards are subject to availability. Additional points or cash can be used to pay for all or a portion of the flight taxes and fees or a higher value flight.

• $149: The annual fee waiver for the first year.
• $182: Complimentary membership ($68) in Mastercard Travel Pass provided by DragonPass and two complimentary passes ($32 each) at an approximate exchange rate of $1.38 USD as of November 1, 2023 ($132 USD = $182 CAD).
• $520: Five free virtual care visits on Maple shared by you ($520 based on the approximate annual value of 5 GP).
• $669: 100,000 BMO Rewards points based on the following requirements:
• • First-Use Bonus of 20,000 BMO Reward points earned when you make your first purchase with your card in the first 75 days after the account open date.
  • Monthly Bonus Offer: 8,000 BMO Reward Points per month when you spend at least $3,000 per month within month 3 – 12 (Month 3 starts on Day 76 and Month 12 ends Day 375) after the account open date.

³ You will earn 4 BMO Rewards points for each dollar you spend (up to an annual limit of $50,000) at gas stations, office supply stores, and on your cell phone/internet (phone) bill payments. The 4 BMO Rewards points includes the base earn rate of 1.5 BMO Rewards points for each dollar you spend and the bonus of 2.5 BMO Rewards points for each dollar you spend in qualifying gas, office or cell phone/internet purchases. To qualify for the bonus reward points, your purchases must be made at merchants classified in the Mastercard network as Service Stations (gas stations with or without ancillary services) and Automated Fuel Dispensers (Merchant Codes: 5541 & 5542), Stationery and Office Supply Stores (Merchant Codes: 5111 & 5943) and Cellphone/Internet billings (Merchant Codes: 4812, 4814 & 4816). Some merchants may sell similar products/services or are separate merchants who are located on the premises of these merchants but are classified in another manner, in which case this bonus earn would not apply. After you reach yearly cap of $50,000 in qualifying gas, office or cell phone/internet purchases, you will earn 1.5 BMO Rewards points for each dollar you spend on these purchases and on all other eligible purchases made with the card.

⁴ Subject to the BMO Rewards Terms and Conditions for Business, BMO Rewards points are calculated based on purchases of goods or services charged to the BMO Ascend World Elite Business Mastercard account, less any refunds or adjustments, rounded down to the nearest whole point. Cash advances (including purchases of foreign currency or travellers cheques), interest charges, fees, credit or debit adjustments and any amount other than purchases that may be charged to the account with the card, do not qualify for points. Bank of Montreal may establish other qualifying and nonqualifying transactions from time to time.

⁹ This offer is available only to AIR MILES collectors who have linked their BMO credit card with their AIR MILES collector account. To receive the savings at the pump, the eligible AIR MILES collector number must be connected to your BMO credit card and the eligible AIR MILES collector number must be valid at the time of the purchase transaction.
To qualify for the offer, eligible collectors with a BMO credit card:
Can receive their fuel discount at the pump once the customer input their AIR MILES collector number and complete the payment with the BMO credit or debit card that has been linked to their AIR MILES collector account.
BMO AIR MILES credit card holders with a valid AIR MILES collector account will receive an instant discount of $0.02 per litre on regular fuel (Shell Bronze and Shell Silver) and $0.07 per litre of premium fuel (Shell V-Power NiTRO+ or Shell V-Power NiTRO+ 91 or Shell V-Power NiTRO+ 93) at Shell (excluding Flying J locations) between March 18, 2024, to December 31, 2024, to a maximum of 1,000 litres in one month.
BMO non-AIR MILES credit card holders, including other BMO Mastercard and BMO Visa* holders must link their credit card to an existing or new AIR MILES collector account at airmilescardlink.ca/bmo-shell-benefit to be valid for this offer. The Opt-in process might take up to 5 days before the benefit is provided, then eligible AIR MILES collectors will receive an instant discount of $0.02 per litre on regular fuel (Shell Bronze and Shell Silver) and $0.07 per litre of premium fuel (Shell V-Power NiTRO+ or Shell V-Power NiTRO+ 91 or Shell V-Power NiTRO+ 93) at Shell (excluding Flying J locations) between March 18, 2024, to December 31, 2024, to a maximum of 1,000 litres in one month. This is a limited time offer and may be changed, extended, or withdrawn at any time without notice.
All BMO AIR MILES Mastercard credit card holders are automatically linked to their AIR MILES collector card, and thus, are automatically eligible for this offer.
All BMO non-AIR MILES Mastercard credit holders, by linking their BMO Mastercard to their AIR MILES collector card, are automatically enrolled in this Shell CPL offer and in other AIR MILES card-linked offers. To learn more about other AIR MILES card-linked offers, visit https://www.airmilescardlink.ca/.
BMO, AIR MILES, and Shell reserve the right, in their sole discretion, to suspend, disqualify, limit or revoke this offer to any person or account holder manipulating or otherwise abusing the process, fairness, integrity or operation of the offer. This offer will be in addition to any other offers available for you.
Shell and their affiliates are not liable or responsible for any of the services and products offered/provided by BMO. Please note that any information you provide directly to Shell or that Shell obtains about you as a Shell customer or participant will be governed by Shell’s Privacy Notice.
Offer is subject to the Terms and Conditions of your BMO Mastercard Cardholder Agreement or BMO Visa Cardholder Agreement.

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