BMO Ascend™ World Elite®* Mastercard®*
on BMO's website
Pros & Cons
Pros
- +First Year Annual Fee Rebate ($150 annual fee rebated)
- +Welcome Bonus: 115,000 points
- +Up to 5x on Travel
Cons
- –Foreign Transaction Fee (2.5%)
Our Review
The BMO Ascend World Elite Mastercard is one of the best World Elite Mastercard credit cards with travel points in Canada.
With our exclusive welcome offer, you can earn up to 115,000 BMO Rewards points (worth $770 for travel).
Here’s how to earn the welcome offer points:
- 60,000 points after $5,000 in net purchases within the first 110 days*
- 20,000 points after $10,000 in net purchases within the first 180 days*
- 35,000 points after $20,000 in net purchases within the first 365 days*
Plus, there is no annual fee for the first year for the primary cardholder and additional cardholders.
You can also take advantage of a 0% introductory interest rate on balance transfers for 12 months, with a 2% balance transfer fee.
With the BMO Ascend World Elite Mastercard, you get:
- 5 points per dollar on eligible travel*
- 3 points per dollar on eligible dining, entertainment, and recurring bill payments*
- 1 point per dollar on all other purchases*
The card also offers:
- 4 complimentary airport lounge accesses per year via Mastercard Travel Pass provided by DragonPass*
- comprehensive travel insurance, including emergency medical coverage up to $5 million for 21 days*
- A NEXUS statement credit in the first year*
- Six months of Instacart+ membership plus a monthly $10 Instacart credit with an eligible card*
Offer ends: 2026-07-31
Rewards
All Spending
1x
BMO Rewards pts per dollar
Travel
5x
Restaurants
3x
Streaming
3x
Recurring
3x
Entertainment
3x
Telecom
3x
Credit Card Rewards Calculator
See how much you could earn with this card based on your spending.
Points Earned
56,400
BMO Rewards/yr
Estimated Value
$378
After Fees
+$378
1st Year Value
$1,148
incl. welcome bonus
Annual rewards breakdown
- Earn 115,000 BMO Rewards after $20,000 in purchases in 12 months
Travel Insurance
Travel Medical
Up to $2,000,000 / 21 days
Trip Cancellation
Up to $1,500
Trip Interruption
Up to $2,000
Delayed Baggage
Up to $500
Lost Baggage
Up to $500
Flight Delay
Up to $500
Hotel Burglary
Up to $1,000
Travel Accident
Up to $500,000
Purchase Protection
Purchase Protection
Included
Extended Warranty
+1 year(s)
Auto Rental
Up to $65,000 / 48 days
Interest Rates
- Purchase Rate21.99%
- Cash Advance23.99%
- Foreign Transaction Fee2.5%
Perks & Benefits
Airport Lounge
4 visits/year
Eligibility
Personal Income
$80,000
Household Income
$150,000
Terms & Conditions
Card Features
Exclusive welcome offer: Get up to $1,700 in value, including up to 115,000 points, the Mastercard Travel Pass program and 4 complimentary airport lounge passes, a statement credit for NEXUS and the annual fee waived in the first year for the primary cardholder and authorized users*.
Additionally, enjoy a 0% introductory interest rate on balance transfers for 12 months as well as a 2% balance transfer fee.*
- 5x the points for every $1 spent on eligible travel purchases,*
- 3x the points for every $1 spent on eligible dining and entertainment purchases and recurring bill payments,*
- 1 point for every $1 spent everywhere else.*
- Free membership to the Mastercard Travel Pass app provided by DragonPass*, with 4 complimentary passes per year*
- Enjoy six months of Instacart+ and a $10 monthly Instacart credit when you enroll your eligible BMO Credit Card.*
- Extended Warranty*
- Purchase Protection*
- BMO Ascend World Elite Total Travel and Medical Protection:
Get Collision Damage Waiver benefits on rental cars, 21 days of Out-of-Province/Out-of-Country Emergency Medical coverage of up to $5 million, and more.*
Legal
*Terms and conditions apply
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Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. François Charron may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 BMO. All trademarks are property of their respective owners.