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Best for: First-Year Annual Fee Rebate

The BMO Ascend™ World Elite® Mastercard® offers a first year annual fee rebate (regular fee $150/yr). It comes with a welcome bonus of 100,000 points. You earn 1x on groceries and 3x at restaurants. Estimated first-year value is $1,048.

First-Year Annual Fee Rebate
Annual Fee
$150 $0
Rewards rate
1x

BMO Rewards

Welcome Bonus
Up to 100,000 points
1st Year Value
$1,048

Pros

  • First Year Annual Fee Rebate
  • Welcome bonus of 100,000 points
  • 3x at restaurants
  • Estimated 1st-year value of $1,048

Cons

  • Requires good credit
Best for: First-Year Annual Fee Rebate

The BMO® Ascend World Elite®Business Mastercard® offers a first year annual fee rebate (regular fee $149/yr). It comes with a welcome bonus of 100,000 points. You earn 1.5x on groceries and 1.5x at restaurants. Estimated first-year value is $506.

First-Year Annual Fee Rebate
Annual Fee
$149 $0
Rewards rate
1.5x

BMO Rewards

Welcome Bonus
Up to 100,000 points
1st Year Value
$506

Pros

  • First Year Annual Fee Rebate
  • Welcome bonus of 100,000 points
  • Estimated 1st-year value of $506

Cons

  • Fewer premium perks
Best for: No annual fee

The BMO eclipse rise Visa Card has no annual fee, making it risk-free to hold. It comes with a welcome bonus of 25,000 points. You earn 2.5x on groceries and 2.5x at restaurants. Estimated first-year value is $469.

Annual Fee
$0
Rewards rate
0.5x

BMO Rewards

Welcome Bonus
Up to 25,000 points
1st Year Value
$469

Pros

  • No annual fee
  • Welcome bonus of 25,000 points
  • 2.5x on groceries
  • 2.5x at restaurants

Cons

  • Fewer premium perks
Best for: Overall value

It comes with a welcome bonus of 200,000 points. You earn 5x on groceries and 5x at restaurants. Estimated first-year value is $52.

Annual Fee
$599
Rewards rate
1x

BMO Rewards

Welcome Bonus
Up to 200,000 points

Ends Oct 31, 2026

1st Year Value
$52

Pros

  • Welcome bonus of 200,000 points
  • 5x on groceries
  • 5x at restaurants

Cons

  • High annual fee ($599)
  • Requires good credit