bmo ascend world elite mastercard

BMO Ascend™ World Elite®* Mastercard®*

APPLY NOW
BMO Eclipse Rise Visa Card

BMO eclipse rise Visa* Card

APPLY NOW

BMO Ascend™ World Elite®* Mastercard®* vs BMO eclipse rise Visa* Card: Which one is better?


bmo ascend world elite mastercard

BMO Ascend™ World Elite®* Mastercard®*

3.1


RECOMMENDED CREDIT SCORE*

300
Poor
560
Fair
660
Good
725
Very Good
760
Excellent

BMO Eclipse Rise Visa Card

BMO eclipse rise Visa* Card

3.5


RECOMMENDED CREDIT SCORE*

300
Poor
560
Fair
660
Good
725
Very Good
760
Excellent

Rewards Breakdown

Annual Rewards

$307.13

BMO Rewards


First Year Bonus Value

$301.5

BMO Rewards


Annual Fee

$150

$0

First Year Waived


First Year Value

$608.63

$157.13 in years after

Based on $2,000/mo average spending. Calculate your rewards.

Rewards Breakdown

Annual Rewards

$144.23

BMO Rewards


First Year Bonus Value

$134

BMO Rewards


Annual Fee

$0


First Year Value

$278.23

$144.23 in years after

Based on $2,000/mo average spending. Calculate your rewards.

Insurance Included*

  • extended warranty

    Extended Warranty

    Double up to 1 year
  • purchase protection

    Purchase Protection

    90 days

  • lost baggage

    Lost or Stolen Baggage

    $500/person, $1K/trip
  • hourglass timer

    Baggage Delay

    $500/person, $1K/trip
  • car insurance

    Car Rental Damage & Theft

    $65,000 up to 48 days
  • heart lock

    Travel Accident

    $500,000/person
  • burglar

    Hotel Burglary Insurance

    $1,000
  • travel accident medical

    Emergency Out of province Medical

    $5M up to 21 days
  • cancel airplane

    Trip Cancellation

    $1,500/person, $5K/trip
  • pause

    Trip Interruption

    $2K/person, $10K/trip
  • hourglass timer

    Flight Delay

    $500 after 4 hours

Insurance Included*

  • extended warranty

    Extended Warranty

    1 year
  • purchase protection

    Purchase Protection

    90 days

  • mobile device insurance

    Mobile Device Insurance

    $1,000

Extra Benefits*

  • car rental

    Car Rental Discount

    20% off base rate of participating National Car Rental and Alamo Rent a Car and up to 5% on Enterprise Rent-A-Car
  • alcohol cheers

    Airport Lounge - Dragon Pass

    4 complimentary visits
  • discount

    Discount

    Up to 7% discount on Booking.com prepaid hotel or property rental bookings
  • discount

    Discount

    20% off admission to Cirque du Soleil shows touring Canada, and 15% off resident shows in Las Vegas
  • discount

    Discount

    FlexiRoam: Stay connected around the world without a SIM card and get up to 15% off a Global Data Roaming plan plus up to 3GB of data, free.

Extra Benefits*

  • gas station

    Gas Discount

    Up to 7 cents off per litre on Shell® fuel if you are an AirMiles collector
  • reward cup

    Extra points

    2,500 bonus points per year for paying full credit card bill on time for 12 consecutive months
  • reward cup

    Extra points

    Another 2,500 bonus points for redeeming at least 12,000 points annually towards your statement balance with Pay with Points

Interest Rates*

Purchase:

21.99%

Cash Advance:

23.99%

Balance Transfer:

23.99%

Interest Rates*

Purchase:

21.99%2

Cash Advance:

23.99%2

Balance Transfer:

23.99%2

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

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.*

Welcome Bonus*

Get 20,000 points when you spend $1,500 in the first 3 months and a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee. Plus, earn up to 5,000 bonus points every year (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).

Rewards Rate*

  • 5x points per $1 spent on eligible travel purchases (up to $15,000 spent)
  • 3x points per $1 spent on eligible dining, recurring bill payment and entertainment purchases (up to $10,000 spent per category)
  • 1x point per $1 spent on all other eligible purchases

Rewards Rate*

  • 2.5x points per $1 spent on eligible dining, groceries and recurring bill payments (up to $5,000 spent per category)
  • 0.5x point per $1 spent on all other eligible purchases

Loyalty Program*

Loyalty Program*

Point Redemption Options*

  • Most Optimal

    travel - plane

    Travel

    0.67¢ / point
  • finance money dollar

    Financial Products

    0.67¢ / point
  • entertainment popcorn

    Entertainment

    0.64¢ / point
  • cash coins

    Statement Credits (Cash)

    0.5¢ / point
  • gift card

    Gift Cards

    0.48¢ / point
  • online shop

    Merchandise

    0.45¢ / point

Point Redemption Options*

  • Most Optimal

    travel - plane

    Travel

    0.67¢ / point
  • finance money dollar

    Financial Products

    0.67¢ / point
  • entertainment popcorn

    Entertainment

    0.64¢ / point
  • cash coins

    Statement Credits (Cash)

    0.5¢ / point
  • gift card

    Gift Cards

    0.48¢ / point
  • online shop

    Merchandise

    0.45¢ / point

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?

The BMO Eclipse Rise Visa is an excellent choice for those who want to earn rewards without paying an annual fee. It offers solid bonus categories like dining, groceries, and bills, and includes rare perks such as mobile device insurance. The card is ideal for newcomers or those looking to build their credit while enjoying the benefits of a no-fee rewards card with simple, everyday earnings. If you frequently spend in the bonus categories, this card provides good value without any added costs.

Pros

  • Generous rewards: 5 points per $1 spent on travel, 3 points per $1 spent on dining, entertainment, and recurring bills, and 1 point per $1 on other purchases.
  • Lounge access: Includes 4 free annual lounge passes through Mastercard Travel Pass.
  • Comprehensive insurance: 14 types of insurance, including emergency medical and trip cancellation coverage.
  • First year fee waived: Try the card for a year without paying the $150 annual fee.

Pros

  • No annual fee: This card comes with no annual fee, making it an affordable option for earning rewards.
  • Bonus categories: Earn 5 points per $2 spent on dining, groceries, and recurring bills.
  • Mobile device insurance: Includes $1,000 mobile device coverage, a rare perk for a no-fee card.
  • Welcome bonus: Earn up to 20,000 points ($134 value) after spending $1,500 in the first 3 months.
  • Annual bonus points: Earn up to 5,000 bonus points yearly when you complete certain actions, such as paying your bill on time.
  • Fuel savings: Save up to 7 cents per litre at Shell when you link your BMO and Air Miles accounts.

Cons

  • Low point value: Points are worth only 0.67 cents each, which is lower than other cards.
  • High income requirements: Requires $80,000 personal income or $150,000 household income, making it inaccessible for many.
  • Limited lounge availability: Users have reported issues with lounge access.

Cons

  • Low base earn rate: Only 1 point per $2 spent on non-bonus categories, providing a low return of 0.335%.
  • Low point value: Points are valued at 0.67 cents each, reducing the overall reward potential.

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. Check here for full details and current product information.
2 Terms and conditions apply. Each balance transfer is subject to a fee of 2% which will be charged to your account on the date the balance transfer is posted to your Account.

We may earn a commission for some of the products featured on this site. The content and reviews on FinlyWealth are independent and not influenced by advertisers. For the latest details on any product, please visit the advertiser's official website. The content provided on this website, including any credit card recommendations, is for informational and entertainment purposes only and does not constitute financial, legal, or tax advice. The owner and author(s) of this website are not financial, legal, or tax professionals. All views and opinions expressed herein are solely those of the author(s) and may not reflect the best choice for your unique situation. Always consult with a qualified professional before making any financial decisions. The owner and author(s) of this website shall not be held liable for any inaccuracies, errors, or omissions in the content or any resulting actions taken by readers.

Copyright © FinlyWealth 2025 All Rights Reserved.