BMO World Elite™* MasterCard®*

*Beta version of card page. Sign up to get updated guide soon.*

A good card for an easy-to-use travel credit and airport lounge passes

$207

in free travel after $3,000 in 3 months

This is a lower than usual offer, but this card is good for those who prefer more flexible and easy-to-use points that can be applied to almost any travel expense.

The BMO World Elite MasterCard also offers free VIP access with 4 airport lounge passes, thanks to the complimentary membership in Mastercard Airport Experiences (also known as LoungeKey).

The card has a good earn rate and is accepted at Costco. The welcome bonus of 25,000 points and the 6,000 you’ll earn to unlock it are a $207 travel value booked on bmowrewards.com and you get that for free as the $150 card fee is waived the first year.

You also get great insurance coverage (including for flights booked with points from other programs).

Finally, you get free access to over 1 million Wi-Fi hotspots around the world.

Your welcome bonus can be worth 7% more if you unlock it before May 5th.

You can also earn an additional 5,000 points ($33) on your first card anniversary.

Card offer ends October 31st, 2021.

BMO is not responsible for maintaining the content on this site. Please click on the Get this card link for the most up to date information.

Welcome Bonus of 25,000 BMO Rewards points
= $167 (fixed-value of 0.67¢/pt)

Earning of 6,000 points on the $3,000 minimum spend
= $40 (at base earn rate)

Card fee
= $0 (1st year free promo)

Flytrippers Valuation of Welcome Bonus
= $207 in free travel
(fixed value)

+ all points earned with your regular purchases

After the $207 Welcome Bonus…

Earn rate at fixed value (= 0.67¢ per BMO Rewards point):

  • 2 pts (1.33%) per $ everywhere
  • 3 pts (2.00%) per $ in travel, restaurants, and entertainment

BMO Rewards points are fixed-value points, so they give you great flexibility but can not give you outsized value (or give you a good deal or “rebate” compared to the cash price).

They are almost 100% flexible, as they can be applied to many types of travel expenses as a travel credit. But you have to book via the BMO Rewards website, so you have to make sure they have the best price (they do have a price match feature though).

More details about BMO Rewards points coming soon.

Medical travel insurance (21 days; under age 65)
Trip cancelation insurance
Trip interruption/delay insurance
Flight delay insurance ($500; 6hr minimum)
Car rental insurance
Baggage delay/loss insurance
Hotel burglary insurance
Travel accident insurance
Purchase protection (90 days)
Extended warranty (1 year)

Detailed article on the credit card coming soon

BMO World Elite™* MasterCard®*

Offer Summary
  • $207 in free travel
  • 4 free airport lounges passes
  • Easy-to-use fixed-value points
  • Great insurance coverage
  • Good base earn rate
  • 24/7 travel concierge + Boingo Wi-Fi
  • Min. income req.: $80k or $150k household
  • Minimum spend of $3,000 to reach
  • Terms and conditions apply*

Detailed article on the credit card coming soon

Start getting travel rewards with the BMO World Elite MasterCard now

via BMO secure application

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