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BMOWorld Elite
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BMO Ascend World Elite Business Mastercard

MASTERCARD

For business spending

BMO Ascend World Elite Business Mastercard

Welcome bonus

150,000 pts

Get more for your business with up to $2,175 in value

Annual fee $175Purchase APR 18.99%

Why get this card

  • Earn 4x on gas_office_telecom

Earn rates

  • gas_office_telecom4x

    4 points per $1 on gas, office supplies and cell phone and internet bill payments

  • general1.5x

    1.5 points per $1 on all other purchases

Welcome offer

Get more for your business with up to $2,175 in value

Bonus points
150,000
Minimum spend
Spend window
Offer ends

Up to $2,175 in value, including up to 150,000 bonus BMO Rewards Points in your first year (that's $1,000 in value).

Fees

Annual fee
$175
Additional card
Foreign transaction fee

Interest rates

Purchase APR
18.99%
Cash advance APR
23.99%
Balance transfer APR
Grace period
Rate effective date

Benefits & insurance

Lounge access
Insurance coverages

Redemption & eligibility

Reward currency
BMO Rewards Points
Redemption options
Transfer partners
Min. personal income
Min. household income

Compare with similar cards

Frequently asked

Is the BMO Ascend World Elite Business Mastercard worth it?
It carries a $175 annual fee. Earn 4x on gas_office_telecom. Compare it against similar cards below before deciding.
What is the annual fee and interest rate on the BMO Ascend World Elite Business Mastercard?
The annual fee is $175. The purchase interest rate is 18.99% and the cash advance rate is 23.99%. These are sourced from BMO's official page.
What rewards does the BMO Ascend World Elite Business Mastercard earn?
It earns up to 4x on gas_office_telecom, in BMO Rewards Points. See the full earn-rate breakdown above.

Official sources

Every figure on this page comes from BMO's own pages. Last checked 2026-06-13.