Up to 90,000 points and first annual fee waived**

Card Details
Interest Rates
Purchase: 21.99%
Cash Advance: 23.99%□
Balance Transfer: 23.99%□
□ Quebec rates: Cash advance 21.99%, Balance transfer 21.99%
Annual Fees
Main Card: $150
$0
First Year Waived
Additional Cards: $50
Annual Income
Personal: $80,000
Household: $150,000
Credit Score Estimate
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.
Our Rating
3.5/5
Institution
BMO
Rewards
- 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
Insurance & Benefits
Insurance
Coverage
Purchase Protection
90 daysExtended Warranty
Double up to 1 yearEmergency Out of province Medical
$5M up to 21 daysTravel Accident
$500,000/personTrip Interruption
$2K/person, $10K/tripTrip Cancellation
$1,500/person, $5K/tripFlight Delay
$500 after 4 hoursBaggage Delay
$500/person, $1K/tripLost or Stolen Baggage
$500/person, $1K/tripHotel Burglary Insurance
$1,000Car Rental Damage & Theft
$65,000 up to 48 days
Benefits
Details
Airport Lounge - Dragon Pass
4 complimentary visitsDiscount
Up to 7% discount on Booking.com prepaid hotel or property rental bookingsDiscount
20% off admission to Cirque du Soleil shows touring Canada, and 15% off resident shows in Las VegasCar Rental Discount
20% off base rate of participating National Car Rental and Alamo Rent a Car and up to 5% on Enterprise Rent-A-CarDiscount
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.
Pros & Cons
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.
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.
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:
- 45,000 BMO Rewards welcome bonus points will be credited to primary credit cardholder’s Collector Account after you spend a minimum of $4,500 in net card purchases (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) within the first 110 days after the account open date. This 45,000 BMO Rewards welcome bonus points will be credited within sixty (60) business days following the qualifying $4,500 spend, provided the account is open and in good standing.
- Starting on Day 111 after account open date, an additional 3,750 BMO Rewards bonus points will be credited to the primary credit cardholder’s Collector Account for each subsequent 30 day period during which at least $2,500 in net card purchases (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) are posted to your account. This additional spend bonus will be earned only for the period beginning on Day 111 and ending on Day 482 from the account open date. 3,750 BMO Rewards bonus points will be credited within seven (7) business days after each 30 day period following the qualifying $2,500 spend, provided the account is open and in good standing.
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.