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BMO Ascend World Elite Business Mastercard
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BMO Ascend World Elite Business Mastercard

4.4

Welcome bonus

Up to $972 in value

  • 4x gas & office supplies & phone & internet
  • 1.5x everything else
Annual fee
$149 $0

First Year Free

Interest rates

Purchases

20.99%

Cash advances

22.99%

Foreign transactions
2.5%

Rated by the CreditCardGuru Editorial Team

The BMO Ascend World Elite Business Mastercard earns up to 4x on gas & office supplies & phone & internet and carries a $149 annual fee (first year free). We estimate around $972 in first-year value. Figures are illustrative — verify current terms with BMO.

At a glance

Annual fee
$149 $0
Welcome bonus
$972
Foreign tx fee
2.5%
Network
MASTERCARD
Rewards
points
Purchase APR
20.99%

Rewards & earn rates

Gas & Office Supplies & Phone & Internet4x
Everything Else1.5x

Welcome offer: Up to $972 in value.

Pros & cons

Pros

  • Earns 4x on gas & office supplies & phone & internet
  • Airport lounge access
  • Strong first-year value ($972)
  • First Year Free on the annual fee

Cons

  • 2.5% foreign transaction fee
  • High income requirement ($80,000 personal)

Perks & insurance

Key perks

  • Lounge Access

Insurance

    Rates & fees

    Annual fee
    $149 $0
    Purchase interest
    20.99%
    Cash advance
    22.99%
    Foreign transactions
    2.5%
    Min. personal income
    $80,000

    First Year Free.

    Last updated June 7, 2026Reviewed by CreditCardGuru Editorial Team
    Terms & conditions

    Rates and offers change. Every rate, fee, welcome offer and benefit on this page was accurate when last reviewed, but BMO can change or withdraw any of them at any time — sometimes without notice. Confirm the current terms on BMO's own website before you apply.

    Eligibility is theirs to decide. Approval, credit limits, interest rates and welcome offers depend on your credit history and BMO's own criteria. Bonuses often exclude anyone who has held the card before, and usually require a minimum spend within a set period.

    This is not advice. The reviews and ratings here are our editorial opinion, not financial, tax or legal advice, and not a recommendation for your circumstances. Speak to a qualified professional before making a financial decision.

    How we make money. CreditCardGuru may earn a commission when you apply through links on this page. It never affects our ratings or what we write — see our advertiser disclosure and rating methodology.

    CreditCardGuru is not affiliated with BMO. Trademarks belong to their respective owners.

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    Disclaimer: This page is for informational purposes only and does not constitute financial, tax or legal advice. Card terms and offers change and may be out of date — always verify with the issuer before applying, and consult a qualified professional before making financial decisions. CreditCardGuru may earn a commission from cards featured on this site; this never influences our editorial ratings. See our advertiser disclosure.

    Written by

    CreditCardGuru Editorial Team

    Rewards & Cards Research

    Our editorial team independently researches and rates every credit card in Canada using a transparent, data-driven methodology. We update card terms continuously and never let issuer relationships influence our ratings.

    • 200+ Canadian cards tracked
    • Transparent rating methodology
    • Updated continuously

    Cite this page

    “BMO Ascend World Elite Business Mastercard Review (2026)” — CreditCardGuru, https://creditcardguru.ca/cards/bmo-ascend-world-elite-business-mastercard, updated June 7, 2026.

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