Annual fee
CA$150
Rewards rate
5%-1%
Welcome Bonus
100,000 BMO Rewards points
Apply Now →on BMO's website
- 5%Points on travel
- 3%Points on dining, entertainment, and recurring bills
- 1%Points on all other purchases
Welcome Bonus:
Earn up to 100,000 BMO Rewards points with a total of $20,000 in purchases over 365 days.
Reward Rate:
Earn 5 points per $1 on travel and 3 points on dining/entertainment.
This card excels in offering a high welcome bonus and flexible redemption options, making it a great choice for frequent travelers looking to maximize their rewards.
Pros:
- High welcome bonus
- Comprehensive travel insurance
Cons:
- High spending requirement for bonus
- Annual fee applies
The BMO Ascend World Elite Mastercard is particularly suitable for frequent travelers who can leverage its substantial welcome bonus and diverse redemption options, while the annual fee may be justified by those who can fully utilize the card's benefits. However, potential applicants should consider their spending habits to ensure they can maximize the rewards offered by this card.