BMO · Mastercard
BMO Ascend World Elite Mastercard
Travel points, earns BMO Rewards points
Welcome offer
Verified · Oct 4Up to 115,000 BMO Rewards points
Earn 60,000 points when you spend $5,000 within 110 days, plus 20,000 points when you reach $10,000 in total within 180 days, plus 35,000 points when you reach $20,000 in total within 12 months. First year free.
- Minimum spend
- $20,000 in 12 months
- Apply by
- November 30, 2026
The BMO page only gives the 115,000 points headline. The spend tiers and deadline come from a third-party site (2026-09-15).
Checked on October 4, 2026. See the source page
See this card on the issuer's website ↗Fees and requirements
- Annual fee
- $150, first year free
- Foreign transaction fee
- 2.5%
- Purchase rate
- 21.99%
- Cash advance rate
- 23.99%
- Income requirement
- Personal $80,000 or Household $150,000
- Costco in store
- Accepted (Costco takes only Mastercard in store)
Fees and rates were imported on September 6, 2026, and the annual fee has been checked.
Welcome offer history
Earlier offers are struck through below, to help you judge whether now is a good time to apply. The current offer is 15,000 points more than the previous one on record. It is the highest of the 3 offers on record.
- Now · Checked October 4, 2026Up to 115,000 BMO Rewards pointsSpend $20,000 in 12 months · Annual fee $150 · First year free
- December 15, 2025 · Reported publicly at the time
Up to 100,000 BMO Rewards pointsSpend $20,000 in 12 months · First year free - Before December 15, 2025 · Reported publicly at the time
Up to 90,000 BMO Rewards pointsSpend $30,000
Offers marked “Reported publicly at the time” ran before I started tracking this card myself (October 4, 2026). The numbers are second-hand, from reports published then, and I did not see those offers myself. Conditions the reports did not mention are not listed here.
Rewards
What each category earns
| Category | Earn per $1 | Effective return |
|---|---|---|
| Groceries | 1× BMO Rewards | about 0.67% |
| Dining and delivery | 3× BMO Rewards | about 2.01% |
| Gas and EV charging | 1× BMO Rewards | about 0.67% |
| Recurring bills | 3× BMO Rewards | about 2.01% |
| Transit | 1× BMO Rewards | about 0.67% |
| Drugstores | 1× BMO Rewards | about 0.67% |
| Travel | 5× BMO Rewards | about 3.35% |
| Entertainment | 3× BMO Rewards | about 2.01% |
| Phone and internetMust be set up as an automatic payment | 3× BMO Rewards | about 2.01% |
| StreamingMust be set up as an automatic payment | 3× BMO Rewards | about 2.01% |
| Online shopping | 1× BMO Rewards | about 0.67% |
| Convenience stores | 1× BMO Rewards | about 0.67% |
| Office supplies | 1× BMO Rewards | about 0.67% |
| Other spending | 1× BMO Rewards | about 0.67% |
Checked against the issuer's page on October 7, 2026. High-return categories usually have a monthly or annual cap, and issuers exclude some merchants. See the source page
Benefits
- Lounge visits per year
- 4
Included insurance
- Travel medical
- Included
- Travel medical (age 54 and under)
- $2,000,000, 21 day(s)
- Travel medical (age 64 and under)
- $5,000,000, 21 day(s)
- Trip cancellation
- $1,500
- Trip interruption
- $2,000
- Travel accident
- $500,000
- Flight delay
- $500
- Baggage delay
- $500
- Lost baggage
- $500
- Rental car collision
- $65,000, 48 day(s)
- Hotel burglary
- $1,000
- Extended warranty
- 1 year
- Purchase protection
- 90 day(s)
Coverage amounts and number of days are as stated in the certificate of insurance.