CreditCardGuru
travel

BMO Ascend World Elite Mastercard review

4.3Rated by the CreditCardGuru Editorial Team

BMO's flagship travel card earns a strong 5x on travel and 3x on dining and bills, with lounge passes included. Best for BMO loyalists who book travel often.

At a glance

Annual fee
$150
Welcome bonus
~$700
Foreign tx fee
2.5%
Network
MASTERCARD
Rewards
points
Purchase APR
20.99%

Rewards & earn rates

Travel5x
Dining & entertainment3x
Recurring bills3x
Everything else1x

Welcome offer: Up to 60,000 BMO Rewards points.

Pros & cons

Pros

  • High 5x on travel
  • Lounge passes included
  • Strong dining and bills categories

Cons

  • BMO Rewards worth less per point
  • $80k income requirement

Perks & insurance

Key perks

  • Airport lounge passes (Mastercard Travel Pass)
  • World Elite Mastercard benefits
  • Flexible BMO Rewards redemptions

Insurance

  • Travel emergency medical
  • Trip cancellation & interruption
  • Flight & baggage delay
  • Rental car collision/loss damage

Rates & fees

Annual fee
$150
Purchase interest
20.99%
Cash advance
23.99%
Foreign transactions
2.5%
Min. personal income
$80,000
Last updated June 1, 2026Reviewed by CreditCardGuru Editorial Team

Similar cards to consider