Illustration, not the actual card design.
BMO · Earns BMO Rewards points
BMO Ascend World Elite Mastercard
Annual fee
$150 · waived year one
Welcome offer
Up to 115,000 points
Market
Canada · CAD
Biggest part of the offer: Spend $5,000 in your first 110 days.
What it's worth before you spend
Welcome bonus, plus perks you get no matter what, minus the fee. Everyday earning comes on top.
Year 1
$560
+$560 welcome bonus
+$0 yearly credits
−$0 fee (waived)
Year 2
$95
+$245 welcome bonus
+$0 yearly credits
−$150 fee
Every year after
−$150
Costs $150 a year until your spending covers it.
Plus 3 benefits with no fixed dollar value, like Airport Lounge Passes, Avis and Budget rental discount and FlexiRoam Global Data eSIM. Their worth depends on how you use the card, so they're not counted above. See them all
Estimated as of Oct 11, 2026. Assumes you're approved, qualify for the offer and meet its spending requirement. Points valued at up to 1¢ each, which is our assumption. Before everyday spending.
Welcome offer
Ends Dec 7, 2026. Not available to current or former BMO Ascend World Elite Mastercard cardholders who reinstate a closed account or open a new account for the same card during the offer period. Existing BMO credit card cardholders who transfer into this card during the offer period are not eligible.
- 1Spend $5,000 in your first 110 days60,000 pts≈ $420 est.Year 1
- 2Spend $10,000 in your first 180 days20,000 pts≈ $140 est.Year 1
- 3Spend $20,000 in your first 12 months35,000 pts≈ $245 est.Year 2
- First-year annual fee waived$150savedYear 1
Not guaranteed. Welcome offers and bonuses are at the card issuer's discretion, and can change or end at any time.
What it earns
Valued at 0.7¢ per BMO Rewards point.
| Where you spend | Earns | Back per $1 (est.) |
|---|---|---|
| TravelUp to $15,000/yr of spend | 5 pts per $ | 3.5¢ |
| Dining & RestaurantsUp to $10,000/yr of spend | 3 pts per $ | 2.1¢ |
| EntertainmentUp to $10,000/yr of spend | 3 pts per $ | 2.1¢ |
| Recurring BillsUp to $10,000/yr of spend | 3 pts per $ | 2.1¢ |
| Everything else | 1 pt per $ | 0.7¢ |
What else you get
Perks
- Airport Lounge Passes
4 complimentary lounge passes per calendar year through Mastercard Travel Pass (DragonPass), for you or your travelling companion, then US$32 per person per visit
Enroll first - Avis and Budget rental discount
At least 10% off the lowest available discountable Time and Mileage retail rates at Avis and Budget in Canada and the US, and up to 30% (Avis) or 35% (Budget) when prepaid
- FlexiRoam Global Data eSIM
Free 3GB global roaming data eSIM (1GB for 5 days, three times a year), valid from October 1, 2024
Enroll first
Got this card? We'll tell you when to use it.
PointsMaxxing checks the store you're standing in and picks the card in your wallet that earns the most there.
Fine print
Card details are checked against public sources. Issuers change fees, offers and earn rates without notice, and the issuer's terms are the only ones that count, so check them before you apply. Approval, welcome offers and bonus points are at the issuer's discretion and aren't guaranteed. The values above are estimates based on our own point valuations and on assumptions about approval and spending, not a forecast of what you'll receive. This is general information, not financial advice, and it doesn't say whether this card suits you. We're not affiliated with or endorsed by BMO. Card and program names belong to their owners.
Details last checked Oct 11, 2026.