BMO CashBack® World Elite®* Mastercard®* 

BMO CashBack® World Elite®* Mastercard®* 
Welcome Bonus
Up to $260 cash back
Annual Fee
First Year Annual Fee Rebate (terms apply)
  • 5% cash back on groceries
  • 3% cash back on gas
  • Accepted at Costco
Interest rates
Purchase Rates
20.99 %
Cash Advance Rates
23.99 %
Balance Transfer Rates
23.99 %

BMO CashBack® World Elite®* Mastercard®*
Up to $260 cash back
Apply Now


  • Get up to 10% cash back in your first 3 months and the $120 annual fee waived in the first year*
  • 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*
    • 1% unlimited cashback on all other purchases*
  • Get the highest cash back earn rate on groceries in Canada.*
  • Get valuable benefits and offers for digital everyday services from a variety of on-demand apps and subscription services
  • Access over 1 million Wi-Fi hotspots around the world – all at no added cost, and no added fees or roaming charges*
  • Complimentary membership in Mastercard Airport Experiences provided by LoungeKey*.
  • Complimentary Roadside Assistance Program*
  • Extended Warranty Plus*
  • Purchase Protection Plus*
  • BMO CashBack World Elite Travel and Medical Protection*
  • Unlock Mastercard Travel Rewards cashback offers when you travel and shop outside of Canada

Fees & Conditions

Personal Income $80,000
Household Income $150,000
Annual Fee $120
First Year Annual Fee Rebate
First Additional Card $50
Other Additional Card $50
Foreign Transaction Fee 2.5%
Purchase Rates 20.99%
Cash Advance Rates 23.99%
Balance Transfer Rates 23.99%


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


Welcome Bonus amount Up to $260 cash back
Minimum Spending Required $2,600
Minimum Spending Timeframe (Months) 3 month(s)


Per dollar of purchases

All Spending 1 %
Groceries 5 %
Gas 3 %
Dining and Food delivery 1 %
Convenience Stores 1 %
Drugstores 1 %
Local Transport 4 %
Travel 1 %
Entertainment 1 %
Recurring Payments 2 %
Telecom/Internet 1 %
Streaming services 2 %
Online transactions 1 %
Office Supplies 1 %


Travel Insurance

Insurance Name
Travel Medical Insurance
Travel medical insurance up to 54 years old
8 day(s)
Travel medical insurance up to 64 years old
8 day(s)
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
Flight Delay Insurance
Delayed Baggage Insurance
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
48 day(s)
Hotel/Motel Burglary Insurance

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

Other Insurance

Insurance Name
Extended Warranty
1 year
Purchase Protection
90 day(s)
Mobile Device Insurance
Price Protection
Insurance Document
4 Milesopedia Rating