BMO World Elite Mastercard – First Year Free, 35,000 Bonus BMO Reward Points (Worth $250) + 4 Prio. Pass

I found a nice new offer for the BMO World Elite Mastercard (I have held this card previously – when I saw a 3 years free offer)!

This card has an annual fee of $150 but it is waived for the first year. You also get 35,000 BMO Reward Points after meeting the minimum spend of $3000 in the first 3 months.

These points are worth $250 towards any travel purchase on your card (so a great way to redeem your Membership Reward points or Aeroplan miles).

It is a bit confusing the devaluation of BMO rewards recently:

  • 140 points = $1 of travel (used to be 100 points = $1)
  • You now earn 3 points per eligible dollar spent on travel, dining & entertainment purchases.
  • Any other spending will earn 2 points per dollar.

The benefits are nice for this card as well:

It also comes with a nice bonus 4 Priority Passes to use at Airport lounges on your travels.

One of the reasons I would keep this card is if I was a BMO customer I would check to see if they would waive the fee.

1 Comment

  • Terry
    Posted January 28, 2018 6:46 pm 0Likes

    If you are a BMO customer with the premium banking package they will waive this cards fee.

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