Sign Up Bonus
The best offer for the card is:
- Earn 45,000 BMO Reward points after spending $4,500 within the first 3 months,
- Earn 3,750 BMO Reward points after spending $2,500 per month, after the first 3 months, for up to 12 additional months.
- Earn 4,500 to 22,500 BMO Reward points for spending $4,500 within the first three months.
- Earn 2,500 to 12,500 BMO Reward points for spending $2,500 per month, after the first 3 months, for up to 12 additional months.
- First year annual fee waived for the primary and one supplementary card holder.
In the first 3 months, you can earn between 49,500 to 67,500 BMO Reward points.
In the first 15 months, you can earn between 124,500 to 262,500 BMO Reward points.
Benefits
The insurance benefits of holding the credit card are:
- Travel Medical Insurance
- Trip Cancellation Insurance
- Trip Interruption Insurance
- Flight Delay Insurance
- Baggage Delay Insurance
- Lost Baggage Insurance
- Hotel Burglary Insurance
- Travel Accident Insurance
- Car Rental Insurance
- Purchase Protection Plan
The car rental benefits of holding the credit card are:
- Use contract ID 3717122 when using National Car Rental for up to 25% discount,
- Use contract ID 7014883 when using Alamo Rent a Car for up to 25% discount.
The lounge benefits of holding the credit card are:
- 4 complimentary airport lounge access through the Mastercard Travel Pass provided by Dragonpass program.
- Subsequent lounge access is US$32 per person per visit.
The travel benefits of holding the credit card are:
- Free Boingo account that provides 18 hours of free wi-fi on selected airlines across the world, including WestJet.
- 15% off cirque de soleil shows when they are touring Canada and 20% off for resident shows in Las Vegas.
Earning Points
You will earn:
- 5 BMO Reward points for every $1 spent on travel purchases.
- 3 BMO Reward points for every $1 spent on entertainment, dining and recurring bill payments.
- 1 BMO Reward point for every $1 spent on all other categories.
Fees
Annual fee of $150.
Supplementary card fee of $50 for the first card.
There is a 2.5% foreign transaction fee on this credit card.
Summary
The BMO Ascend World Elite Mastercard has a fantastic sign up bonus and is a great option for travel purchases.