Everything you need to know about BMO World Elite, from what's included with your card's insurance package to how to redeem your points. BMO World Elite Mastercard. It is often considered to be one of the best travel credit cards in Canada. Add to that the card’s airport lounge access, and travel and medical insurance, and you’ve got a very competitive product for travellers. MoneySense continues to update and make changes to correct any factual errors. Share on Reddit BMO was the first financial institution to leverage MasterCard’s World Elite program and create a best-in-class travel rewards credit card. With all these redemption options, the BMO Rewards program is extremely flexible—this is one of the main reasons it’s so popular—but for the very best Point-to-dollar ratio, travel rewards are the way to go. The BMO Air Miles World Elite Mastercard offers a complimentary membership to the Mastercard Airport Experiences program through LoungeKey. With an attractive insurance package and perks like airport lounge access, the BMO World Elite Mastercard seeks to tempt users into the BMO Rewards program. Mastercard Airport Experience provided by LoungeKey. The BMO World Elite™* MasterCard®* accrues up to 3 points per $1 spent on eligible purchases and grants cardholders a welcome bonus of 40,000 points, far higher than the welcome bonuses offered by competing travel rewards cards like the American Express … Only BMO may determine who is a Primary Cardholder and whether an … But here’s the big question: Is the card good enough to justify the $150 annual fee? For inquires related to your BMO World Elite MasterCard account: 1-866-991-4769 1-866-991-4769. Points redeemed for travel come in at a value of 140:$1 ($0.007 per point), meaning that you’ll need 35,000 Points for $250 towards travel expenses. The minimum spend of $3,000 adds at least 300 Air Miles to an account. Share on Email, Your email address will not be published. Assurance Carte MasterCard BMO World Elite Les autres avantages de la carte MasterCard BMO World Elite. World Elite Mastercard La carte World Elite Mastercard est la carte de prestige du réseau Mastercard. However, sometimes prices and terms of the products are changed by the provider without notice. Don't have BMO Online Banking? 19.99% purchases, 22.99% cash advances for the following credit cards: 11.9% for purchases and cash advances for the following credit card: 19.90% purchases, 19.90% cash advances for the following credit cards: 17.50% purchases, 17.50% cash advances for the following credit cards: BMO AIR MILES World Elite MasterCard ($120 annual fee), BMO AIR MILES World MasterCard ($99 annual fee), BMO CashBack World Elite MasterCard ($120 annual fee), BMO CashBack World MasterCard ($79 annual fee), BMO World Elite MasterCard ($150 annual fee), BMO SPC AIR MILES MasterCard (no annual fee), BMO SPC CashBack MasterCard (no annual fee), BMO U.S. Dollar MasterCard ($35 USD annual fee), BMO Preferred Rate MasterCard ($20 annual fee), BMO Gold AIR MILES MasterCard for Business ($119 business owner card annual fee), BMO AIR MILES MasterCard for Business (no annual fee for business owner), BMO Premium CashBack Mastercard for Business ($69 business owner card annual fee), BMO CashBack MasterCard for Business (no annual fee for business owner), BMO U.S. Dollar MasterCard for Business ($25 USD business owner card annual fee), BMO Preferred Rate MasterCard for Business (no annual fee for business owner)*. Pour ouvrir une session dans la plateforme Services bancaires en ligne, entrez le numéro à 16 chiffres de votre carte de débit ou de crédit de BMO et votre mot de passe sur la même page. With this exclusive offer for the BMO ® AIR MILES ® World Elite ® * Mastercard ® *, you can earn 3,000 AIR MILES Bonus Miles after $3,000 in Card purchases, representing a $310 cash value.In addition, the $120 annual fee is waived in the first year!. The BMO World Elite MasterCard offers an outstanding insurance package, including: Emergency medical insurance of up to $2 million for the first 21 days on out-of-province trips. You'll receive 4 free passes a year. Demandez-la! ‘…any airline without blackout dates…’ NOT TRUE! Flights on Qatar Airways from YUL are not available on BMO rewards. The BMO World Elite Mastercard has one of the best insurance packages out there. Please, MoneySense is fully owned by Ratehub Inc. but remains editorially independent. Please contact us. Are there any drawbacks to the BMO World Elite Mastercard? These cards provide perks without an annual fee. BMO World Elite MasterCard Consumer Reviews. Keph Senett on November 27, 2019, By Vous pouvez échanger vos points sur le site Web bmorewards.com ou du centre de récompense de la BMO (le client doit inscrire le numéro d’adhérent indiqué sur la carte en utilisant le site Web). The Out‑of‑Province/Out‑of‑Country Emergency Medical benefits are subject, in every respect, to the terms of the Policy, which alone constitutes the agreement under which payments are made. MASTERCARD WORLD ELITE. BMO World Elite Mastercard: $150 * 4 free Mastercard lounge passes * Average savings: $170 * See rates & fees: Apply: MBNA Alaska Airlines credit cards. If a link has an asterisk (*) at the end of it, that means it's an affiliate link and can sometimes result in a payment to MoneySense (owned by Ratehub Inc.) which helps our website stay free to our users. The BMO CashBack World Elite Mastercard offers some of the best cash back rewards available in BMO’s line of credit cards. We encourage you to take a moment to learn how to protect your accounts against email fraud, how to report fraudulent emails and read our 100% Electronic Banking Guarantee . The points redemption on this card are not advantageous at all. By With the BMO ® AIR MILES ® World Elite ® * Mastercard ® *, you get 1 mile for every $10 you spend, Costco included. Is your credit card’s travel insurance enough? The BMO World Elite MasterCard, launched in 2010, offers premium travel rewards, benefits and travel insurance. No solution no eta, Don’t use this credit card, terrible service, Do not use your points to get merchandise. Read The different types of home insurance—which one do you need? Accès aux salons d’aéroport VIP et assurance voyage gratuite. Redemptions for gift cards and merchandise are just as simple (you select from an online catalogue), but you’ll typically get less value from your Points compared to travel. Earn 2 BMO Rewards points for every $1 spent 1,3 everywhere else. IF YOUTHINK YOU HAVE TRAVEL INSURANCE WITH BMO WORLD ELITE ADMINISTERED BY GLOBAL ALLIANZ DON’T WORRY YOU DON’T. The BMO AIR MILES World Elite Mastercard is designed for AIR MILES members who want to collect more miles on purchases. On top of using a lot of points you also have to pay money, at a rate that makes absolutely no sense compared to, say, one of the Aeroplan cards. Designed for everyday convenience, these features make your new card the perfect payment option for you. BMO Air Miles World Elite Mastercard. However, sometimes prices and terms of the products are changed by the provider without notice. Get our highest earn rate on BMO Rewards points with this popular elite rewards credit card. © 2002-2021 Ratehub Inc. All rights reserved. MoneySense is not responsible for content on external sites that we may link to in articles, . If you carry a balance, consider these low-interest cards. MoneySense continues to update and make changes to correct any factual errors. An extra $30 per year may not matter much to high-earners, but the fee may give you pause, especially when you consider that some cards offer more lucrative bonus categories. Despite a very strong showing in many respects, there are a few drawbacks you should be aware of. For inquires related to your BMO Rewards Business MasterCard Customer account: 1-844 … American Express Cobalt Card. Carte haut de gamme assortie de notre plus haut taux d’accumulation de points. Finally canceled the merchandise but did not get my points back. MoneySense is not responsible for content on external sites that we may link to in articles. Keph Senett on November 27, 2019. The first set of cards to grace my list are the two unjustly underrated MBNA Alaska Airlines credit cards. If you read something you feel is inaccurate or misleading, we would love to hear from you. BMO Bank of Montreal will never ask you to divulge personal information such as passwords, account numbers or challenge questions and answers by email, telephone or fax. Best Overall. New cardholders get their money back instantly in bonus Points and a fee waiver, so you effectively have a year to see for yourself. Its no-fee alternative, the BMO Cash Back Mastercard, makes my list of the best no-fee cash back credit cards in Canada. High-value rewards. Read How to sell your “office clothes” and invest in a work-from-home wardrobe. Earn 2 bonus BMO Rewards points for every $1 you spend on rentals at participating National ®*† Car Rental and Alamo Rent a Car ®*† locations worldwide 4. Importantly, you don’t have to redeem a minimum number of Points, or any, to book travel—and you can pay whatever your Points don’t cover by charging that amount to your card. Save on everyday low prices. Everyday services to fit your life 10 The BMO World Elite Mastercard. The Scotiabank Gold American Express*, for example, offers 5 Scotia Points on restaurants and groceries. What are the best ways to benefit from this card? All you need is a valid driver's license, major credit card and an existing reservation. For 7,500 Points you can get $50 in a BMO investment account (which is about $0.00667 per point), or for 15,000 Points you’ll receive $50 towards your credit card bill (about $0.0033 per point). Premium travel perks. Required fields are marked *. Earn 3 BMO Rewards points for every $1 spent on eligible travel, entertainment and dining purchases 1,2,3. Elle vous donne accès à des assurances et assistances inégalées, au World Elite Service à votre disposition 24 heures sur 24, à Mastercard Priceless ® Cities un programme d'animation riche en événements et expériences uniques. The first is that the BMO World Elite Mastercard commands an income threshold of $80,000 per year and a higher-than-average annual fee of $150 (most travel cards come in around the $120 mark). Obtenez 2 points de récompense BMO pour chaque dollar dépensé dans les autres catégories d’achats 1,3 . Even though the BMO Rewards program offers numerous redemption possibilities, travel rewards give you the very best value—with no seat restrictions or blackouts. Carte Mastercard MD * BMO MD World Elite MD * Obtenez 3 points de récompense BMO pour chaque dollar dépensé en frais de voyage, de restauration et de divertissement admissibles 1,2,3 . Share this article With BMO Rewards, the redemption process is as simple as logging in to your account. Terrible service, waited 1h30 to talk to somebody but still did not get my points. We are committed to looking at all available products in the market, and where a product ranks in our article or whether or not it's included in the first place is never driven by compensation. Emerging from a serious health scare, Dana wonders if... With options to buy now and pay later (PayBright,... MoneySense is a digital magazine and financial media website. For more information, please read our policies. Where to buy real estate now: How we found the best deals in Canada, A guide to the best robo-advisors in Canada for 2021, Best high-interest savings accounts in Canada 2021, Compare the Best GIC Rates in Canada 2021. BMO ® World Elite ® * Mastercard ® *. New for Personal BMO Credit Card customers! With amazing earn rates of 1 mile per $10 spent, you'll be on your next free flight sooner than you think. The $150 annual fee on the BMO World Elite Mastercard is nothing to sneeze at, but for frequent flyers, the travel rewards more than make up the expense. Apply now! Finally, you can redeem your Points for financial products, but this option comes at a steep reduction in value. The card comes with a welcome bonus of 30,000 points, waives the $150 annual fee in the first year, and has a remarkable travel insurance package. If you’re interested in BMO cards, but don’t want to collect travel rewards, check out our list of BMO’s best credit cards. While the BMO CashBack World Elite Mastercard is not considered a travel card, it does offer some exceptional travel benefits (in addition to cash back) … Upgrade your travel experience by availing benefits like Wi-Fi connectivity, comfy seating, complimentary refreshments & many more in these airport lounge clubs. The BMO World Elite Mastercard comes with a few great benefits including lounge access, car rental discounts, and travel & purchase insurance. AIR MILES World, BMO Cashback® World or BMO World Elite®* MasterCard®* card, will be eligible to have the full annual credit card fee rebated – up to a maximum of $15010. Welcome Offer: Get up to $575 in value in your first year. Share on Linkedin I've had a BMO World Elite MC for a few years now and I would highly recommend them to anyone. World Elite credit cards are some of the most popular premium credit cards available. For more details read our MoneySense Monetization policy. This card comes with a welcome offer, travel medical insurance and other perks like airport lounge access and flight discounts. The BMO Air Miles World Elite MasterCard has one rate for all purchases: 1 mile for each $10 spent (and 2x reward miles per $10 spent at participating National Car Rental and Alamo Rent-A-Car locations). Check out all your different redemption … BMO AIR MILES World Elite MasterCard ($120 annual fee) BMO AIR MILES World MasterCard ($99 annual fee) BMO AIR MILES MasterCard (no annual fee) BMO CashBack World Elite MasterCard ($120 annual fee) BMO CashBack World MasterCard ($79 annual fee) BMO CashBack MasterCard (no annual fee) BMO World Elite MasterCard ($150 annual fee) BMO Rewards MasterCard ($35 annual fee) Read Buy now, pay later: Are installment plans a budget win or finance fail? And, with self-serve check-in you can skip the counter, check-in at the kiosk and drive away. Furthermore, our editorial team does its best to ensure the information published on MoneySense.ca and other MoneySense properties is accurate. BMO AIR MILES World Elite Mastercard BMO eclipse Visa Infinite; Earn rates: 1 mile per $10 spent * 5 points per $1 spent on eligible gas, groceries, transit, and restaurant purchases * 1 point per $1 spent on all other purchases Annual fee: $120, first year free: $120, first year free: Insurance coverage: 14 types: 6 types: Income requirements Your email address will not be published. We've made it easier to access your rewards. Finally, the BMO Rewards website could use some work, given that it’s the portal through which users must make redemptions. Trip cancellation / interruption insurance for up to $2,500 per insured person and $5,000 per trip overall. Share on Twitter BMO World Elite Mastercard: Reward: Get 3 BMO Rewards points per $1 spent on eligible travel, dining and entertainment purchases (up to $50,000 spend annually), and get 2 BMO Rewards points per $1 spent on all other eligible purchases (and once you reach the $50,000 annual spend). Read Can life insurance be used as a fixed income investment? Access VIP lounges and get free travel coverage. To redeem for rewards, you can avail yourself of the full-service online travel agency or shop from their catalogue. After using the passes, it will … MoneySense is fully owned by Ratehub Inc. but remains editorially independent. Still undecided? *Products and services featured on our websites are only available to residents of the selected country. Best American Express. If you are an Air Miles collector and/or a frequent flyer, you will love the fact this card offers a 2,000 Air Miles welcome bonus and waives the $120 annual fee in the first year. Share on Facebook Journalists and qualified financial professionals produce the content. For inquires related to your BMO Rewards MasterCard Customer account: 1-800-263-2263 1-800-263-2263. Credit cards that come with annual companion fares are hidden gems. You can book with any airline without blackout dates or seat restrictions, and BMO also offers price matching, so you can be sure you’re getting the very best deal. If you read something you feel is inaccurate or misleading, we would love to hear from you. TD Aeroplan Visa Infinite Card. It's that easy. The BMO Air Miles World Elite Mastercard is a best-in-class credit card for earning Air Miles rewards in Canada. With the BMO World Elite Mastercard, you earn 3 Points per dollar on travel, dining and entertainment purchases, and 2 Points per dollar on everything else—a competitive offering. You can sign in to BMO Rewards with your Online Banking credentials – It's simple and secure! Furthermore, our editorial team does its best to ensure the information published on MoneySense.ca and other MoneySense properties is accurate. THe redemption program has not been working form the past ten days. Your BMO World Elite Mastercard includes a comprehensive suite of up-to-date card security and payment technologies, account support services and additional insurance coverage. More specifically, the travel insurance. Vous aurez aussi la possibilité d'enregistrer votre numéro de carte pour que le système s'en souvienne lors de vos prochaines visites, ce qui rendra l'ouverture de session plus simple. For more information, please read, 5 things you need to know about the BMO World Elite Mastercard. Do not get BMO Mastercard World Elite. Best Visa. It's important to note that our editorial content will never be impacted by these links. Canadians have an appetite for travel and, accordingly, the travel rewards credit card field is packed with competing cards. 14 different types of travel and purchase insurance which includes rare coverage for: 21 days of emergency medical, $2,000 of trip interruption, and. Calculating how much money you’ll need at retirement. Read Canada’s best low interest credit cards 2021, Read Canada’s best balance transfer credit cards 2021, Read Canada’s best cash back credit cards 2021, Read Canada’s best no fee credit cards 2021, Read Canada’s best travel credit cards 2021. If you're an Air Miles collector, the BMO Air Miles World Elite Mastercard is your new favourite card. The BMO World Elite Mastercard is one of a few premium credit cards available on the list of BMO credit cards. They don’t give you a tracking no. Use BMO Rewards points to shop, travel or invest. We delve into what the card offers and show you exactly how it stacks up against other travel reward cards. I got this card a year ago and I am getting rid of it before they ding me for the annual fee…. Merchandise not received, no able to get an answer from them. If you currently have the Premium Plan and an eligible BMO MasterCard, you’ll receive a prorated rebate on your May or June credit card statement. Improvements to site speed would go a long way to keeping customers happy, and would help cement the brand’s reputation as a top-tier provider. Enjoy exclusive access to over 1000 airport lounges across 120 countries worldwide by presenting your Mastercard. MoneySense’s goal is to provide the most relevant and up-to-date information as possible but, with all things you read on the internet, it is recommended you read critically and cross-reference with your own sources, especially before making any financial decisions.