Earning Rates

The BMO Ascend World Elite Mastercard earns BMO Rewards points at the following rates:

  • 5 points for every $1 spent on eligible travel purchases, on up to $15,000 annually.
  • 3 points for every $1 spent on eligible entertainment, dining, and recurring bill payments, on up to $10,000 annually for each spend category.
  • 1 point for every $1 spent on all other purchases.

Rewards Value & Calculator

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Key Benefits

Here are the benefits of the BMO Ascend World Elite Mastercard:

  • Mastercard Travel Pass: Enjoy access to airport lounges with Mastercard Travel Pass provided by DragonPass, plus 4 free passes a year.
  • Fuel Savings: Save up to 7¢ per litre with Shell and BMO, plus save an additional 3¢/L at participating Shell locations as an eligible Member of CAA, AMA or BCAA.
  • Car Rental Discounts: Save up to 20% on National Car Rental® and Alamo Rent A Car® and up to 5% on Enterprise Rent-A-Car® at locations worldwide.
  • Travel & Purchase Insurance: Out-of-Province/Out-of-Country Emergency Medical, Trip Cancellation Insurance, Trip Interruption Insurance, Travel Accident Insurance, Car Rental Collision Loss / Damage Waiver Insurance, Delayed and Lost Baggage Insurance, Flight Delay Insurance, Purchase Protection, and Extended Warranty.

Fees

Annual Fee

The BMO Ascend World Elite Mastercard has an annual fee of $150.

Authorized User Fee

Adding authorized users to the BMO Ascend World Elite Mastercard will cost $50 per additional user, per year.

Foreign Transaction Fee

The BMO Ascend World Elite Mastercard has a foreign currency conversion fee of 2.5%. This means you will be penalized when using this card to make purchases that are not in Canadian Dollars.