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BMO Ascend World Elite Business Mastercard

Great for travel BusinessTravelRewards
4.7
★★★★★

Exceptional value

CardPick score · from real fees, rewards & perks
You'll finish your application securely on BMO's own website.
Welcome value
$2175
est. first-year value
Annual fee
$175
per year
Purchase interest
18.99%
on carried balances
Rewards type
points
BMO Rewards
4% value on gas & transit
Your top earn category
🎁
$2175 welcome bonus
Estimated first-year value
🛫
Travel perks
Lounge access & trip coverage
🛡️
6 insurance coverages
Built-in protection

Rewards

Base earn rate1.5 points per $1 spent on all other card purchases
ProgramBMO Rewards
Welcome bonusGet up to $2,175 in value in your first year, including up to 150,000 bonus BMO Rewards Points (worth up to $1,000), annual fee waiver valued at $275, travel perks up to $380, and premium benefits worth $520
Rewards typepoints

Fees & rates

Annual fee$175
Purchase interest rate18.99%
Cash advance rate23.99%
Foreign transaction fee2.5% (typical)

Standout perks

✈️
Free membership for Mastercard Travel Pass provided by DragonPass, plus two free passes a year
2 complimentary passes per year
💳
Nexus statement credit
5 free virtual care visits with a registered Canadian healthcare provider
Get up to 22 additional cards so employees can easily make purchases on behalf of your business
Get automatic rebates of 1%-25% when you shop at qualifying merchants
1-25%
Enjoy 30% off H&R Block's DIY and Assisted Channels Tax Offerings
30%
Get 20% off admission to Cirque du Soleil shows touring Canada
20%
Plus 15% off resident shows in Las Vegas
15%

Everyday features

📱 Apple Pay & Google Pay
🔒 Zero-liability fraud protection
📶 Tap to pay
🛒 Purchase security
✈️ Airport lounge access

Insurance coverage

🛡️

travel medical

up to $5 million

🛡️

trip cancellation

up to $1,500 per insured person, to a maximum of $5,000 per account

🛡️

flight delay

up to $500 per account

🛡️

baggage delay

up to $500

🛡️

baggage loss

up to $500 per insured person, to a maximum of $1,000 per account

🛡️

rental car

reimbursement for damage or theft of rental car

Eligibility

Minimum personal income$15,000
Credit score guidanceGood (660+)
ResidencyCanadian resident