travel

BMO® Ascend® World Elite Mastercard® review

Name: BMO Ascend World Elite Mastercard
Brand: BMO

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

Travel	5x
Dining & entertainment	3x
Recurring bills	3x
Everything else	1x

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

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Written by

CreditCardGuru Editorial Team

Rewards & Cards Research

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Cite this page

“BMO® Ascend® World Elite Mastercard® Review (2026)” — CreditCardGuru, https://creditcardguru.ca/cards/bmo-ascend-world-elite, updated June 1, 2026.