BMO Ascend World Elite Mastercard
Churning cardWhat the roles mean
- The welcome offer: up to 115,000 points (about $767 in travel) plus 4 lounge passes, year one free
Up to 115,000 BMO Rewards points (tiered) + first-year $150 annual fee waived (primary + authorized users) + 4 complimentary lounge passes + NEXUS application-fee credit (~$200) + Instacart+ promo — BMO markets the bundle as "up to $1,900 in value" (struck-through $1,600 on the page).
Ends December 7, 2026.
Checked on BMO's own page October 21, 2026. See BMO's page
What it earns in a year
54,000 points a year
Worth about $120 after the $150 fee at the simplest redemption, up to $212 at the best.
Based on $30,000 a year of spending ($9,600 groceries, $3,000 gas, $3,000 dining…). Welcome offer not included.
Try it with your own spending →
- Travel (First $15,000 a year, then 1× points): 5× points.
- Dining & restaurants (First $10,000 a year, then 1× points): 3× points.
- Entertainment (First $10,000 a year, then 1× points): 3× points.
- Bills & subscriptions (First $10,000 a year, then 1× points): 3× points.
- Everything else: 1× points.
Highlighted = use this card here.
Using your points
On the spending above, 54,000 points a year: worth $270 the easy way, $362 the best way.
- Easy way (0.5¢): Statement credit or investments
- Best way (0.67¢): BMO's travel booking: 150 points = $1
How to apply for the BMO Ascend World Elite Mastercard
Check first
- Bonus for new cardholders only: not if you hold or held this card, or switch in from another BMO card
- Keep it 365 days: bonus points may be cancelled if you close the card sooner
- Check you qualify Income: $80,000 personal or $150,000 household. You need to live in Canada and be the age of majority in your province.
- Have this ready Your address and how long you've lived there, your employer and yearly income, and your monthly rent or mortgage. Your SIN is optional for a credit card; you can leave it blank.
- Expect a credit check Applying adds a hard inquiry to your credit report, which lowers your score a little for a few months. Space applications about 90 days apart.
- Apply on BMO's own site Apply online from the bank's product page, where the offer above is shown. This isn't an affiliate link: we earn nothing if you apply.Apply on BMO's site →
- After you're approved Put the spending needed for the welcome offer on the card before the deadline, and pay the full balance every month.
How to use it
- Welcome offer: 60,000 points at $5,000 in 110 days, +20,000 at $10,000 in 180 days, +35,000 at $20,000 in 12 months
- Apply by December 7, 2026: this is a limited-time offer; it was 100,000 points before
- Travel: 5 points per $1 on the first $15,000 a year
- Dining, entertainment, recurring bills: 3 points per $1 on the first $10,000 a year each
- Groceries, gas, everything else: 1 point per $1 (about 0.67%). Use another card
- Example: $250/month dining + $300/month bills = 19,800 points a year = about $132 in travel
Key facts
- Annual fee
- $150
- Purchase interest
- 21.99%
- Foreign currency fee
- 2.5%
- Min. personal income
- $80,000
- Min. household income
- $150,000
- Rewards
- BMO RewardsSee every BMO Rewards card
Annual fee waiver
- BMO Premium Plan: $150 fee rebated every year
- Performance Plan: $40 back
- The catch: both need $15,000+ in card purchases each fee year; additional-card fees are not rebated
From bmo.com product page, checked October 17, 2026. Not an affiliate link.
More BMO cards
BMO eclipse rise VisaNo annual fee
BMO Blue Rewards MastercardNo annual fee
BMO eclipse Visa Infinite$120 fee
BMO eclipse Visa Infinite Privilege$599 fee
BMO CashBack MastercardNo annual fee
BMO CashBack World Elite Mastercard$139 fee
BMO VIPorter Mastercard$89 fee
BMO VIPorter World Elite Mastercard$199 fee
Neo World Elite Mastercard
- This card: dining & restaurants, travel, entertainment
- Neo World Elite Mastercard: groceries, gas / ev, bills & subscriptions, transit, drugstore / pharmacy, everything else
- Together: $607 a year after both fees, vs $120 with this card alone
- With this card's $150 fee rebated (see Fee waiver): $757 a year
If your stores take Amex: Scotiabank Gold Amex for groceries, gas / ev, dining & restaurants, transit, drugstore / pharmacy, entertainment, everything else makes it $792 a year. Costco and Loblaw-banner grocers don't take Amex.
Computed on our standard household ($30,000 a year): each kind of spending goes to whichever card pays more, both fees taken off. Partners are everyday, category and churning cards on Visa or Mastercard. Points at their simplest redemption. Welcome offers not included.
Pros
- Up to 115,000 points and the $150 fee waived in year one (additional cards too, if added at application)
- 5 points per $1 on travel, 3 on dining, entertainment and bills
- 4 free lounge passes a year
- Up to $200 NEXUS credit in the welcome year
- Trip cancellation, interruption, delay and baggage cover
- Accepted at Costco (Mastercard)
Cons
- $150 a year from year two (see fee waiver)
- 1 point per $1 on groceries and gas
- The full 115,000 needs $20,000 of spending in 12 months
- Points are worth about 0.67¢ only in travel; 0.33¢ as cash
- No airline or hotel transfers
- No phone insurance
- 2.5% on foreign-currency purchases
- Needs $80,000 personal or $150,000 household income
Insurance included
- Travel medical: $5 million (one BMO tile says $2 million), 64 and under, first 21 days
- Trip cancellation: $1,500 per person ($5,000 per trip)
- Trip interruption: $2,000 per person ($10,000 per trip)
- Flight delay: $500, after 4 hours
- Delayed or lost bags: $500 per person ($1,000 per trip)
- Travel accident: $500,000
- Hotel burglary: $1,000
- Rental car damage: up to 48 days, cars up to $65,000
- Purchases: 90 days of theft/damage cover, warranty +1 year
Maximums as BMO lists them. Conditions apply; the insurance certificate decides claims.
Perks
- Lounges: 4 free passes a year (Mastercard Travel Pass); extra visits about US$32
- NEXUS: up to $200 credit in the welcome year
- Car rental: up to 30% off Avis / 35% off Budget prepaid, up to 20% off National and Alamo
Other cards for travel
Back a year on $2,400 of travel, caps included. Points at best-case value. Before annual fees.
| Card | Earns on travel | Back a year | Annual fee | Terms checked |
|---|---|---|---|---|
| Marriott Bonvoy American Express | 5× points≈ 7.0% in value | $168 | $120 | October 21, 2026 |
| CIBC Aventura Visa Infinite Privilege | 3× points≈ 6.0% in value | $144 | $499 | October 21, 2026 |
| Amex Aeroplan Reserve | 3× points≈ 6.0% in value | $144 | $599 | October 21, 2026 |
| Scotiabank Scene+ Visa | 4× points | $96 | $0 | November 2, 2026 |
| Scotiabank Amex | 4× points | $96 | $0 | November 2, 2026 |
| Amex Aeroplan | 2× points≈ 4.0% in value | $96 | $120 | October 21, 2026 |
| BMO Ascend World Elite Mastercard | 5× points≈ 3.4% in value | $80 | $150 | October 21, 2026 |
Other cards for dining & restaurants
Back a year on $3,000 of dining & restaurants, caps included. Points at best-case value. Before annual fees.
| Card | Earns on dining & restaurants | Back a year | Annual fee | Terms checked |
|---|---|---|---|---|
| Amex Cobalt | 5× points≈ 10.0% in value | $300 | $192 | October 21, 2026 |
| Scotiabank Gold Amex | 5× points | $150 | $120 | November 2, 2026 |
| National Bank World Elite Mastercard | 5× points | $150 | $150 | October 21, 2026 |
| Simplii Cash Back Visa | 4% back | $120 | $0 | October 21, 2026 |
| RBC British Airways Visa Infinite | 2× points≈ 4.0% in value | $120 | $165 | October 23, 2026 |
| Desjardins Odyssey Visa Infinite Privilege | 4% back | $120 | $395 | October 21, 2026 |
| BMO Ascend World Elite Mastercard | 3× points≈ 2.0% in value | $60 | $150 | October 21, 2026 |
How the offer has changed
One row per check of BMO's page, newest first. Old rows are never edited.
| Checked | Welcome offer | Fee, year one | Ends |
|---|---|---|---|
| October 21, 2026 | Limited time: up to $1,900 in value: up to 115,000 points (60,000 at $5,000/110 days, +20,000 at $10,000/180 days, +35,000 at $20,000/12 months), up to $200 NEXUS credit, Mastercard Travel Pass + 4 lounge passes, first-year fee waived for primary and authorized users; 0% balance-transfer intro for 12 months (2% fee). Applications Sep 15 to Dec 7, 2026Unchanged since October 17, 2026 (product page, BMO footnotes page, fee insert, Premium/Performance Plan rebate terms all the same). Limited-time offer still runs to December 7, 2026 | $150, waived yr 1 (+ $50 additional cards if added at application) | December 7, 2026 |
| October 17, 2026 | Limited time: up to $1,900 in value: up to 115,000 points (60,000 at $5,000/110 days, +20,000 at $10,000/180 days, +35,000 at $20,000/12 months), up to $200 NEXUS credit, Mastercard Travel Pass + 4 lounge passes, first-year fee waived for primary and authorized users; 0% balance-transfer intro for 12 months (2% fee). Applications Sep 15 to Dec 7, 2026Up from 100,000 points / $1,600 (first tier 45,000 to 60,000). Fee fully rebated with the Premium Plan, $40 with the Performance Plan ($15,000 card spend/yr) | $150, waived yr 1 (+ $50 additional cards if added at application) | December 7, 2026 |
General information, not financial advice. Offers change; confirm on BMO's page before you apply.