Experience the epitome of credit card excellence with the BMO CashBack World Elite Mastercard, meticulously crafted to enrich your daily transactions and celebrate your lifestyle. Revel in the delight of earning generous cash back rewards on every purchase, from essential groceries to indulgent dining experiences and beyond.
What truly distinguishes this card is its array of exclusive World Elite benefits, elevating your cardholder experience to unprecedented heights. From complimentary roadside assistance to comprehensive travel insurance coverage and personalized concierge services, this card delivers unparalleled value and convenience.
BMO Cashback World Elite MasterCard
cashback rewards up to 5% cashbackWhether you’re navigating the digital realm of online shopping, savoring culinary delights at your favorite restaurants, or charting new horizons for your next adventure, the BMO CashBack World Elite Mastercard promises a seamless and rewarding journey with every swipe.
BMO Cashback World Elite MasterCard Benefits
- 5% cash back: 5% cash back on your grocery purchases, delighting in substantial savings on your monthly grocery bills, up to $500 in spending per month.
- 4% cash back: 4% cash back on transit expenses, covering everything from public transportation to rideshares, ensuring you earn rewards while getting around town, up to $300 in monthly spending.
- 3% cash back: 3% cash back on fuel purchases, easing the burden of rising gas prices with every fill-up, up to $300 in spending per month.
- 2% cash back: 2% cash back on recurring bills such as utilities and streaming services, up to $500 in spending per month.
- 1% cash back: 1% cash back for all other purchases outside the bonus categories.
- Redeem for deposits: Opt for seamless deposits into your BMO chequing or savings account, providing instant access to your rewards for your everyday expenses or saving goals.
- Invest your cash back: Alternatively, choose to invest your cash back rewards by depositing them into a BMO Investorline account, paving the way for future financial growth and prosperity.
- Redeem for statement credit: For added convenience, apply your cash back rewards as a statement credit towards your BMO CashBack World Elite Mastercard balance, effectively reducing your outstanding balance and freeing up your finances.
- No Annual Fee for the First Year: Enjoy the advantage of having your first annual fee waived with the BMO CashBack World Elite Mastercard, granting you access to its array of rewards and benefits without any upfront cost. This feature not only amplifies the card’s value but also allows you to experience its perks and cash back advantages in the initial year at no extra expense.
- Generous Welcome Bonus: The BMO CashBack World Elite Mastercard rolls out the red carpet with an enticing welcome bonus, offering a remarkable 10% cash back for the first three months. This irresistible promotion covers a wide range of purchases, from new or used cars to travel expenses and dining delights. Coupled with the absence of an annual fee, this incentive makes the card even more irresistible, ensuring maximum cash back rewards during the early stages of card ownership.
- Complimentary Roadside Assistance: Navigate the roads with confidence knowing that the BMO CashBack World Elite Mastercard has your back with complimentary roadside assistance. Whether you encounter a breakdown, battery failure, or lockout, rest assured that help is just a phone call away. This invaluable perk not only adds peace of mind but also reinforces the card’s appeal for individuals seeking comprehensive benefits alongside lucrative cash back rewards.
- Insurance package: The BMO CashBack World Elite Mastercard boasts an extensive insurance package, encompassing 13 out of 17 commonly tracked types of insurance, making it a standout among cash back credit cards. Notably, the inclusion of Personal Effects insurance ensures your belongings are safeguarded throughout your entire journey, offering unparalleled protection beyond transit or accommodations.
- Exclusive World Elite Mastercard Privileges: Elevate your cardholder experience with the BMO CashBack World Elite Mastercard’s exclusive World Elite Mastercard perks, granting you access to a realm of unique events, entertainment, and personalized assistance via 24/7 concierge services. These premium privileges complement the card’s cash back rewards and insurance offerings, delivering enhanced value and enriching your lifestyle with unforgettable experiences and top-notch service.
Qualification Requirements
To qualify for the Card, applicants must meet certain criteria:
Credit Score: A good to excellent credit score is required.
Income Requirement: A minimum annual income threshold applies.
Age and Residency: Applicants must be of legal age in their province or territory and a Canadian resident.
How to Apply for the BMO Cashback World Elite MasterCard ?
- Visit the BMO Website
- Look for the BMO Cashback World Elite MasterCard application page.
- Click on Apply Now.
- Complete the application form.
- Provide financial details.
- Upload any necessary documentation.
- Once you’ve submitted your application, sit tight and await approval.
- Once approved, your card will be on its way to you, ready to unlock a world of rewards and benefits!
What is the cashback rate for the BMO Cashback World Elite MasterCard?
The cashback rate varies and is subject to change. Please check the latest rates on the BMO website.
Is there an annual fee for this card?
There is no annual fee for the first year. Subsequent years may have a fee, which is detailed on the BMO website.
Can I use this card internationally?
Yes, the BMO Cashback World Elite MasterCard is accepted worldwide wherever MasterCard is accepted.
How do I redeem my cashback rewards?
Cashback can be redeemed through the BMO online portal or by contacting customer service.
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