BMO Ascend World Elite Mastercard
Bank of Montreal · Bmo Rewards · Reward Points
This comprehensive guide covers the BMO Ascend World Elite Mastercard's reward rates, fees, and terms — updated regularly from official sources — to help you decide if this card fits your spending. The BMO Ascend World Elite Mastercard from Bank of Montreal offers bmo rewards rewards redeemable as reward points. Top earning categories include 3x points on groceries and more. Annual fee is C$149 (no annual fee waiver).
Best for: Grocery, Fuel, Dining, General Online
Official product page → Official rules →
Annual fee: C$149
Waiver: No annual fee waiver
Waiver: No annual fee waiver
Reward Rules
- 3 pts/$100 3x points on groceries (cap: C$12,000)
- 3 pts/$100 3x points on gas (cap: C$12,000)
- 2 pts/$100 2x points on dining
- 1 pts/$100 1x points on all other purchases
Important Notes
- 3x grocery capped at $12,000 per year then 1x
- 3x gas capped at $12,000 per year then 1x
- No foreign transaction fees
How to Apply
- Apply online: Official application page →
- Credit score: Most rewards cards require good to excellent credit (typically 670+ FICO).
- Issuer rules: Some issuers restrict approvals (e.g. Chase 5/24). Verify current eligibility before applying.
BMO Ascend World Elite Mastercard vs Similar Cards
- BMO Air Miles Mastercard — Air Miles · C$0
- BMO Air Miles World Elite Mastercard — Air Miles · C$120
- BMO Ascend Mastercard — Bmo Rewards · C$0
Maximize Your Rewards
To earn the highest rewards, use the BMO Ascend World Elite Mastercard for its bonus categories: Grocery, Fuel, Dining, General Online, Electronics Accessories.