BMO Ascend World Elite

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

Interested in applying for the BMO Ascend World Elite Mastercard? Earn an additional $50 cash back through Frugal Flyer Rebates.

Rewards Rates

The BMO Ascend World Elite credit card 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.

Benefits

Cardholders are eligible to receive complimentary Dragonpass membership, offered by MasterCard Travel Pass. In addition to the membership, the cardholder will receive four annual complimentary airport lounge passes. These Dragonkey lounge passes can be used by the cardholder for airport lounge access for themselves and their guests.

BMO 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.

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 Eclipse Visa Infinite 60,000 BMO Rewards $402 Apply
BMO World Elite Business 50,000 BMO Rewards $335 Apply
BMO Eclipse Visa Infinite Privilege 90,000 BMO Rewards $104 Apply
BMO Rewards 10,000 BMO Rewards $67 Apply

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