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 purchases
- 3%Points on dining
- 1%Points on all other purchases
Welcome Bonus:
Earn up to 100,000 BMO Rewards points after spending $4,500 in the first 4 months.
Reward Rate:
Earn 5 points per $1 spent on travel, 3 points per $1 spent on dining, and 1 point per $1 on all other purchases.
The BMO Ascend World Elite Mastercard stands out for its high earning potential on travel and dining, making it an excellent choice for those who want to maximize their rewards on everyday spending.
Pros:
- High rewards on travel and dining
- First-year annual fee waiver
Cons:
- Annual fee may be high for infrequent travelers
- Spending requirements for bonuses
The BMO Ascend World Elite Mastercard is particularly well-suited for frequent travelers and dining enthusiasts who can leverage its high reward rates and substantial welcome bonus. However, potential applicants should consider the annual fee and assess whether their spending habits align with the card's benefits to ensure they maximize value.