BMO® Ascend World Elite®*Business Mastercard®* 

Business Card
Welcome Bonus
Up to 100,000 Points
Ends Dec 13, 2025
  • 4X points on gas, office supplies, cell phone and internet bills
  • Access to VIP Lounges
  • Accepted at Costco
Annual Fee
$149
First Year Annual Fee Rebate (terms apply)
Interest rates
Purchase Rates
18.99 %
Cash Advance Rates
23.99 %
Balance Transfer Rates
23.99 %

bmo-mastercard-world-elite-business-en
BMO® Ascend World Elite®*Business Mastercard®*
Business Card
Up to 100,000 Points
Ends Dec 13, 2025
Apply Now
Updated May 21, 2025

Offer

Welcome offer:

  • Get over $1,500 in value!* This includes up to 100,000 BMO Rewards Pointsthat’s a $669 value in the first year.*

Here’s how the welcome offer adds up:

  • $135 in value (20,000 BMO Rewards Points) when you make your first purchase*
  • Up to $535 in value (8,000 BMO Rewards Points from months 3-12) when you spend $3,000 each month*
  • $701 in value from your premium benefits*
  • Plus, your $149 annual fee is waived in the first year*
  • 0.00% introductory interest rate on Balance Transfers for 9 months with a 3% transfer fee.*
  • Earn 4 BMO Rewards points for every $1 you spend on gas, office supplies and cell phone/internet bill payments*
  • Earn 1.5 BMO Rewards points for every $1 you spend*
  • Complimentary membership in Mastercard Travel Pass provided by DragonPass, with two annual complimentary passes*
  • Get up to 7 cents off per litre on all Shell®± fuel*

Fees & Conditions

Personal Income $0
Household Income $0
Annual Fee $149
First Year Annual Fee Rebate
First Additional Card $0
Foreign Transaction Fee 2.5%
Purchase Rates 18.99%
Cash Advance Rates 23.99%
Balance Transfer Rates 23.99%
Balance Transfer
Balance Transfer Intro Duration 9 month(s)
Balance Transfer - Promotional Rate 0.00%
Balance Transfer Fees 3%

Value

Calculate the rewards
Your Monthly Spending
Year 1
Year 2+
Welcome Bonus
0 $
Annual Credit
Travel benefits
VIP Lounges
First Year Annual Fee Rebate
-
First year offer value
Rewards Earned
Annual fee
Net value

Advantages

Offer ends on Dec 13, 2025
Welcome Bonus amount Up to 100,000 Points
Minimum Spending Required $30,000
Minimum Spending Timeframe (Months) 12 month(s)
VIP Lounges
Lounge Annual Visits included 2
Costco

Earnings

Per dollar of purchases

All Spending 1.5 Points
Groceries 1.5 Points
Gas 4 Points
Dining and Food delivery 1.5 Points
Convenience Stores 1.5 Points
Drugstores 1.5 Points
Local Transport 1.5 Points
Travel 1.5 Points
Entertainment 1.5 Points
Recurring Payments 1.5 Points
Telecom/Internet 4 Points
Streaming services 1.5 Points
Online transactions 1.5 Points
Office Supplies 4 Points

Insurance

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
$5,000,000
15 day(s)
Travel medical insurance up to 64 years old
$5,000,000
15 day(s)
Travel medical insurance 65+
Trip Cancellation Insurance
$1,500
Trip Interruption Insurance
$2,000
Common Carrier Travel Accident Insurance
$500,000
Flight Delay Insurance
$500
Delayed Baggage Insurance
$500
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
$65,000
48 day(s)
Hotel/Motel Burglary Insurance
$1,000

There may be a daily maximum amount depending on the type of fees paid

Other Insurance

Insurance Name
Included
Amount
Duration
Extended Warranty
1 year
Purchase Protection
90 day(s)
Mobile Device Insurance
Price Protection
Insurance Document

Alternative Cards

4.3 Milesopedia Rating