Am I eligible?
To get this card, you must also:
Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
What the Critics Are Saying...
- Rewards CanadaAs with the majority of cards issued by BMO the BMO AscendTM World Elite®* Mastercard®* has fallen down the ranks in our market. The bank is one of the few that has been taking away more than they are giving across the majority of their credit card portfolio. Overall there are quite a few better opt...
- Barry Choi, Money We HaveMy BMO Ascend World Elite™* Mastercard®* review is neutral. The change in earn rate with spending caps is not something people will be excited about, especially since there are better options out there. That said, the 4 free lounge passes are certainly appealing.
- Stefani Balinsky, HardbaconThe BMO Ascend World Elite Mastercard is a nice choice for Canadian travelers seeking a good rewards rate and Elite travel perks. If you invest with BMO, the card adds money to your portfolio. OK, it adds money if you exchange your points for a deposit to a BMO Investment account. Still, that is a s...
- Keph Senett, Luca Tatulli, MoneySenseThe answer to whether the BMO Ascend World Elite Mastercard is worth the high annual fee of $150 will depend on a variety of factors. If you’re a frequent flyer and traveler and earn more than the card’s income requirement, the answer is yes. The annual fee would most likely be canceled out by the f...
- creditcardGeniusThe BMO Ascend™ World Elite®* Mastercard®* is the complete package when it comes to credit cards. You’ll earn easy to use rewards, get great benefits, and much more with this card. But if you’re simply after the most rewards you can get, there are better options out there.
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate | 20.99% |
| Balance Transfer Interest Rate |
23.99% 21.99% for Quebec residents |
| Cash Advance Interest Rate |
23.99% 21.99% for Quebec residents |
| Rates & Fees | |
| Annual Fee |
$150.00 Waived on the first year |
| Balance Transfer Fee |
5% Maximum |
| Cash Advance Fee |
1% Minimum of $5 |
| Foreign Transaction Fee |
2.5% Transactions made in a foreign currency will be converted and posted to your account in Canadian currency. |
| Over Limit Fee | $29.00 |
| Late Payment Fee | $0.00 |
| Promotions | |
| Sign up bonus |
45000 points after spending $4,500
|
| Rewards | |
| All Purchases | 1 point per $1 spent |
| Restaurants |
3 points per $1 spent On eligible dining purchases |
| Gas | No |
| Groceries | No |
| Hotels | No |
| Travel |
5 points per $1 spent On eligible travel purchases |
| Pharmacy | No |
| Bills |
3 points per $1 spent On recurring bill payments |
| Additional Details |
3 points per $1 spent on Entertainment purchases |
| Features & Benefits | |
| Additional Card Holders | Yes |
| Travel Accident Insurance | Yes |
| Car Rental Insurance | Yes |
| Car Rental Discount | Yes |
| Extended Warranty | Yes |
| Purchase Protection | Yes |
| Zero Liability | Yes |
| No Foreign Transaction Fees | No |
| Emergency Assistance | No |
| Concierge Service | Yes |
| Price Protection | No |
| Fraud Protection | Yes |
| Free Credit Scores | Yes |
| Wireless Payments | No |
| Virtual Cards | No |
| Additional Benefits |
|
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age |
18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces. |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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