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Overview of the BMO CashBack® World Elite®* MasterCard®*

Earning categories

5%

On groceries

4%

On transit including ride sharing, taxis and public transportation*

3%

On gas and electric vehicle charging*

2%

On recurring bill payments like your monthly phone bill or favourite streaming service*

1%

On entertainment, all other purchases*, drug & pharmacy, restaurants (including fast food & drinks)

Detailed card summary

Benefits & features

  • Get up to $650 in value including $40 cash back each month in your first year. Plus we’ll waive the $120 annual fee in the first year.*
    Plus, get a 0% introductory interest rate on Balance transfers for 12 months with a 2% transfer fee.*
  • Earn more cash back on the categories that mean the most:
    – 5% on groceries*
    – 4% on transit including ride sharing, taxis and public transportation*
    – 3% on gas and electric vehicle charging*
    – 2% on recurring bill payments like your monthly phone bill or favourite streaming service*
  • Plus, get 1% cash back on all other purchases* with no limit on how much cash back you can earn!
  • Save up to 20% on National Car Rental®†† and Alamo Rent A Car®†† and up to 5% on Enterprise Rent-A-Car®†† at locations worldwide using the Car Rental Booking tool.*
  • Purchase Protection*
  • Extended Warranty*
  • Complimentary membership in Mastercard Travel Pass provided by DragonPass.*
  • Complimentary Roadside Assistance Program*; Including battery boosts, flat-tire change, lockout service and towing – a $69/year value.
  • BMO CashBack World Elite Travel and Medical Protection*, with 8-day out-of-province/out-of-country emergency medical benefits – up to $5 million in coverage, and more.
  • Unlock Mastercard Travel Rewards cashback offers when you travel and shop outside of Canada.*
  • Enjoy six months of Instacart+ and a $10 monthly Instacart credit when you enroll your eligible BMO Credit Card.*
  • Cash Advance & Balance Transfer Interest: 21.99% for Quebec residents
  • BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information
  • *Terms and conditions apply.

How to redeem


How to get approved


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