- 5%BMO Rewards points on travel purchases
- 3%BMO Rewards points on dining
- 1%BMO Rewards points on all other purchases
Earn up to 115,000 BMO Rewards points (valued at approximately $770 in travel) along with the first year's annual fee waived.
Earn 5 points per dollar on travel purchases, 3 points on dining, and 1 point on all other purchases.
The BMO Ascend World Elite Mastercard excels in travel rewards, offering a high earning rate on travel-related purchases and a substantial welcome bonus that can significantly enhance your travel experience.
Pros:
- High rewards on travel spending
- First-year annual fee waived
Cons:
- Annual fee of CA$150
- Limited to BMO Rewards points redemption
The BMO Ascend World Elite Mastercard is particularly suitable for frequent travelers seeking to maximize their rewards on travel-related expenses, thanks to its competitive earning rate and attractive welcome bonus. However, the annual fee may make it less appealing for occasional users or those who do not travel frequently.