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BMO Ascend™ World Elite®* Mastercard®*
Students – BMO CashBack® Mastercard®*
Welcome Bonus
Get up to 90,000 points and the annual fee waived in your first anniversary for both the primary cardholder and authorized users.** This offer ends on January 31, 2026.
Welcome Bonus
Get up to 5% cash back in your first 3 months, up to $2,500 in spend (max $125 cashback). This offer ends on January 31, 2026.
Our Cash Offer
$100 Cash Rebate offer from FinlyWealth
Our Cash Offer
N/A
Rewards Breakdown
Annual Rewards
$307.13
BMO Rewards
First Year Bonus Value
+
$301.5
BMO Rewards
Annual Fee
-
$150
$0
First Year Waived
Finly Rebate
+
$100Exclusive Offer
First Year Value
$708.63
$157.13 in years after
Based on a hypothetical $2,000/mo average spending. Calculate your rewards.
Rewards Breakdown
Annual Rewards
$238.05
First Year Bonus Value
+
$94.3
Annual Fee
-
$0
First Year Value
$367.35
$238.05 in years after
Based on a hypothetical $2,000/mo average spending. Calculate your rewards.
How to Earn Rewards
How to Earn Rewards
Insurance Included
Extended Warranty
Purchase Protection
Lost or Stolen Baggage
Baggage Delay
Car Rental Damage & Theft
Travel Accident
Hotel Burglary Insurance
Emergency Out of province Medical
Trip Cancellation
Trip Interruption
Flight Delay
Insurance Included
Extended Warranty
Purchase Protection
Extra Benefits
Car Rental Discount
Discount
Discount
Discount
Airport Lounge - Dragon Pass
Extra Benefits
Car Rental Discount
Discount
Hotel Booking Discount
Interest Rates
Purchase:
21.99%
Cash Advance:
23.99%
Balance Transfer:
23.99%
Interest Rates
Purchase:
21.99%
Cash Advance:
23.99%
Balance Transfer:
23.99%
Annual Fee
$150
$0$
First Year Waived
Annual Fee
$0
Income Required
Min Personal Income:
$80,000
Min Household Income:
$150,000
Income Required
Min Personal Income:
N/A
Min Household Income:
N/A
Loyalty Program
Loyalty Program
N/A
Point Redemption Options
Most Optimal
Travel
Financial Products
Entertainment
Statement Credits (Cash)
Gift Cards
Merchandise
Point Redemption Options
Not Applicable
Is this card worth it?
The BMO Ascend World Elite Mastercard is perfect for frequent travelers who want a premium card offering high earning rates on travel, dining, and entertainment, plus valuable travel perks like lounge access and comprehensive insurance coverage. If you travel often and can meet the income requirement, this card offers flexibility and peace of mind with both rewards and protection while you're on the go.
Is this card worth it?
We consider this card to be the best student credit card in Canada for it's competitive cashback rewards (3% on groceries, 1% on recurring bills), no annual fee and a generous welcome bonus. Plus, cashback redemption is flexible so no need to wait a year each time you want to get your cashback paid out.
Pros
Pros
Cons
Cons
vs BMO AIR MILES® Mastercard®*
vs BMO VIPorter Mastercard®∗
vs BMO AIR MILES® World Elite®* Mastercard®*
vs BMO CashBack® Mastercard®
vs BMO eclipse rise Visa* Card
vs BMO eclipse Visa Infinite* Card
vs BMO VIPorter World Elite Mastercard®∗
vs BMO Preferred Rate Mastercard®
vs BMO eclipse Visa Infinite Privilege* Card
vs BMO CashBack® World Elite® Mastercard®
vs BMO AIR MILES® Mastercard®*
vs BMO VIPorter Mastercard®∗
vs BMO AIR MILES® World Elite®* Mastercard®*
vs BMO CashBack® Mastercard®
vs BMO eclipse rise Visa* Card
vs BMO eclipse Visa Infinite* Card
vs BMO VIPorter World Elite Mastercard®∗
vs BMO Preferred Rate Mastercard®
vs BMO eclipse Visa Infinite Privilege* Card
vs BMO CashBack® World Elite® Mastercard®
Legal
**BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.
BMO Ascend World Elite Mastercard applications must be received between March 6, 2024 and January 31, 2026 (the “Offer Period”) to be eligible for this offer. This offer is not available to current or former BMO Ascend World Elite 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. This offer may be withdrawn or changed without notice.
In order to earn up to 90,000 bonus reward points, the following conditions must be met:
The primary cardholder annual fee of $150 will be rebated in the first year and will appear as a fee and a credit on the primary cardholders first statement. Each Additional Card annual fee of $50 will be rebated in the first year if added at time of primary cardholder’s account opening and will appear as a fee and a credit on the first statement. After the first year, the annual fee plus any additional cardholder fees will appear on your Credit Card statement twelve (12) months after the Credit Card open date. If the Credit Card is cancelled within 365 days from the date it was opened, all Bonus Rewards earned within that period may be cancelled.
BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.