BMO CashBack World Elite Mastercard

Earn rates

• Groceries5%

  up to $500 spent per statement period

• Transit4%

  including ride-sharing, taxis, and public transportation, up to $300 spent per statement period

• Gas3%

  including electric vehicle charging, up to $300 spent per statement period

• Recurring Bills2%

  up to $500 spent per statement period

• All Other Purchases1%

Welcome offer

Get up to $650 in value and the annual fees waived in the first year.

Bonus points

—

Minimum spend

$2,000

Spend window

365 days

Offer ends

—

New customers can earn $40 in cash back each month when spending a minimum of $2,000 in their first year, plus enjoy a waiver of the $139 annual fee and a 0% introductory interest rate on balance transfers for 12 months with a 2% transfer fee.

Fees

Annual fee

$139

Additional card

—

Foreign transaction fee

2.5%

Interest rates

Purchase APR

21.99%

Cash advance APR

23.99%

Balance transfer APR

21.99%

Grace period

21 days

Rate effective date

—

Benefits & insurance

Lounge access

Mastercard Travel Pass

Insurance coverages

2

• Travel and medical protection
• Roadside assistance

Redemption & eligibility

Reward currency

cash back

Redemption options

Direct deposit into BMO savings or chequing accounts, Pay as a statement credit

Transfer partners

—

Min. personal income

$80,000

Min. household income

$150,000

Must be a Canadian citizen or permanent resident