BMO Ascend World Elite Mastercard

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The BMO Ascend World Elite Mastercard earns BMO Rewards points and provides cardholders with four complimentary airport lounge passes annually.

Rewards Rates

The BMO Ascend World Elite Mastercard earns BMO Rewards points for all purchases made on the card:

  • 5 BMO Rewards points for every dollar spent on eligible travel purchases (up to $15,000 in purchases during a calendar year).
  • 3 BMO Rewards points for every dollar spent on dining, entertainment, and recurring bill payment purchases (up to $10,000 in spend in each category per calendar year).
  • 1 BMO Rewards point for every dollar spent on all other purchases.

Once the cardholder reaches the threshold stated above for each category, all future purchases will earn 1 BMO Rewards point per dollar spent.

Redeeming BMO Rewards

The BMO Rewards program has many options for redeeming points including travel, merchandise, gift cards, a statement credit, or cash investment in a BMO investment account.

The best value to redeem points is to use them for travel purchases that are booked through the BMO Travel Portal. When redeeming points towards bookings made through the travel portal, the redemption rate is 150 BMO Rewards points = $1 CAD.

Click to learn everything you need to know about the BMO Rewards program.


BMO Ascend World Elite cardholders are eligible to receive complimentary membership to the Dragonpass lounge program, in addition to four complimentary airport lounge passes.

BMO Ascend World Elite Mastercard cardholders are eligible to sign up for free Boingo WiFi at over one million hotspots worldwide. Additionally, through Boingo, you are also able to access free in-flight WiFi on various airlines.

Cardholders can save up to 20% on National Car Rental®†† and Alamo Rent A Car®†† and up to 5% on Enterprise Rent-A-Car®†† at locations worldwide using the Car Rental Booking tool.

Insurance Coverage

The BMO Ascend World Elite Mastercard offers eight types of insurance coverage:

  • Travel medical insurance
  • Travel accident insurance
  • Trip cancellation and trip interruption insurance
  • Rental car collision loss and damage waiver
  • Delayed and lost baggage coverage
  • Flight delay insurance
  • Purchase protection
  • Extended warranty coverage

Refer to the BMO Ascend World Elite insurance certificate for additional details, including terms and conditions for eligibility.

Other BMO Rewards Cards You Might Consider

Credit Card Welcome Bonus Net Value
BMO World Elite Business Mastercard 100,000 BMO Rewards $670 Apply
BMO eclipse Visa Infinite Card 60,000 BMO Rewards $402 Apply
BMO eclipse Visa Infinite Privilege Card 120,000 BMO Rewards $305 Apply
BMO eclipse rise Visa Card 20,000 BMO Rewards $134 Apply

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