BMO World Elite MasterCard Credit Card Review

With premium benefits, exclusive privileges, and a strong rewards program, the BMO World Elite MasterCard Credit Card is an excellent choice for those seeking a top-tier travel credit card experience.

The BMO World Elite MasterCard Credit Card is a premier travel credit card that caters to frequent travelers and individuals who appreciate luxury and convenience. This card offers an exceptional rewards program, allowing cardholders to earn BMO Rewards points on every purchase. These points can be redeemed for travel, merchandise, gift cards, and more, providing flexibility and value for those looking to make the most of their spending.

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BMO World Elite MasterCard

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One of the standout features of the BMO World Elite MasterCard is its travel perks, including complimentary membership in Mastercard Airport Experiences provided by LoungeKey. Cardholders can enjoy access to over 1,000 airport lounges worldwide, offering a comfortable and relaxing environment during layovers or before flights.

Earning rewards

With the BMO CashBack World Elite Mastercard, you can earn rewards based on your spending habits:

• Earn 5% cash back on groceries.
• Receive 4% cash back on transit purchases.
• Get 3% cash back on gas purchases.
• Earn 2% cash back on recurring bill payments.
• Receive 1% cash back on all other purchases.

These tiered cash back rates allow you to maximize rewards in specific spending categories, making the BMO CashBack World Elite Mastercard a valuable choice for earning cash back on everyday expenses.

Redeeming rewards

With the BMO CashBack World Elite Mastercard, you have flexible options for redeeming your cash back rewards:

• Statement Credits: You can redeem your cash back rewards as statement credits, which will offset your credit card balance directly, reducing your overall balance.
• Investments: Alternatively, you can choose to invest your cash back rewards into eligible investment accounts, allowing you to grow your rewards over time.
• Direct Deposit: You also have the option to set up direct deposit of your cash back rewards into a bank account of your choice, providing convenient access to your earned rewards for personal or business use.

These redemption options give you the flexibility to use your cash back rewards in ways that best suit your financial goals and preferences with the BMO CashBack World Elite Mastercard.

Benefits of BMO World Elite MasterCard Credit Card

• No annual fee for the first year

For the first year, the BMO CashBack World Elite Mastercard waives the annual fee, allowing you to enjoy its benefits and rewards without any upfront cost. This introductory offer provides a great opportunity to experience the card’s features and cash back benefits for a full year at no additional expense.

• 0% balance transfer fee

With the BMO CashBack World Elite Mastercard, you can take advantage of a 0% balance transfer fee with no limit. This means you can transfer balances from other credit cards to your BMO CashBack World Elite Mastercard without incurring any transfer fees, allowing you to consolidate your debt and potentially save on interest charges.

• Concierge service

The BMO CashBack World Elite Mastercard includes a dedicated concierge service available 24/7 to assist with a wide range of requests, from travel bookings and reservations to special event arrangements. This personalized assistance adds convenience and enhances your overall cardholder experience, allowing you to access tailored support whenever you need it.

• Free roadside assistance

With the BMO CashBack World Elite Mastercard, you’ll have access to complimentary roadside assistance services to provide assistance in case of vehicle breakdowns, battery issues, or lockouts. This valuable benefit offers peace of mind for cardholders who rely on their vehicles for daily transportation.

• World Elite Mastercard

Unlock exclusive benefits with the World Elite Mastercard, including Priceless Cities, World Mastercard Experiences, and 24/7 concierge services. Enjoy curated offers, VIP access to events, and personalized assistance to elevate your cardholder experience.

• Gas discount

With the BMO CashBack World Elite Mastercard, you can save up to 7 cents per litre on fuel purchases at Shell gas stations. This exclusive discount adds value to your cardholder benefits, helping you save money on essential expenses like gas. Enjoy the convenience and savings offered by this fuel discount when you use your BMO CashBack World Elite Mastercard at participating Shell locations.

• Generous insurance package

The BMO CashBack World Elite Mastercard offers robust insurance coverage, including Personal Effects insurance that protects your belongings throughout your entire trip. This coverage provides up to $750 per person with a total maximum of $2,000 for lost, stolen, or damaged personal items, excluding cell phones and laptops. Enjoy comprehensive protection and peace of mind while traveling with this card.

Credit Card BMO World Elite MasterCard Requirements

To apply for the BMO World Elite MasterCard, ensure you meet the following requirements:

1. Credit Score: A good to excellent credit score is typically required for approval.
2. Income: A minimum annual income may be necessary. Check the specific income criteria for this card.
3. Age: Applicants are usually required to be at least 18 years old.
4. Residency: Some credit cards may have residency restrictions. Confirm if the card is available in your area.

How to apply?

Applying for a BMO World Elite MasterCard Credit Card Review is easier than you think:

1. Go to the BMO website and look for BMO Cash Back World Elite MasterCard Credit Card Review
2. Click on Apply Now
3. Read Terms and Conditions
4. Fill your personal and financial details
5. Submit your application

FAQs – BMO World Elite MasterCard

Is there an annual fee for the BMO World Elite MasterCard?

Yes, there is an annual fee associated with this card. Refer to the card’s terms and conditions for the current fee structure.

Can I manage my BMO World Elite MasterCard account online?

Yes, BMO provides an online portal where cardholders can manage their accounts, view transactions, and access statements. Simply log in to the official website to get started.

CREDIT CARD

BMO World Elite MasterCard

BMO Rewards benefits Airport lounge access

Access everything you need with a credit card

APPLY NOW You will be redirected