It is often considered to be one of the best travel credit cards in Canada. Calculating how much money you’ll need at retirement. 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. We delve into what the card offers and show you exactly how it stacks up against other travel reward cards. The points redemption on this card are not advantageous at all. Save on everyday low prices. For inquires related to your BMO World Elite MasterCard account: 1-866-991-4769 1-866-991-4769. Are there any drawbacks to the BMO World Elite Mastercard? BMO Air Miles World Elite Mastercard. Everyday services to fit your life 10 Assurance Carte MasterCard BMO World Elite Les autres avantages de la carte MasterCard BMO World Elite. No solution no eta, Don’t use this credit card, terrible service, Do not use your points to get merchandise. 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. For inquires related to your BMO Rewards MasterCard Customer account: 1-800-263-2263 1-800-263-2263. The BMO AIR MILES World Elite Mastercard is designed for AIR MILES members who want to collect more miles on purchases. Keph Senett  on November 27, 2019. Enjoy exclusive access to over 1000 airport lounges across 120 countries worldwide by presenting your Mastercard. But here’s the big question: Is the card good enough to justify the $150 annual fee? 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. Share on Facebook These cards provide perks without an annual fee. Furthermore, our editorial team does its best to ensure the information published on MoneySense.ca and other MoneySense properties is accurate. World Elite credit cards are some of the most popular premium credit cards available. 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. It's important to note that our editorial content will never be impacted by these links. BMO was the first financial institution to leverage MasterCard’s World Elite program and create a best-in-class travel rewards credit card. We've made it easier to access your rewards. Share this article MoneySense is not responsible for content on external sites that we may link to in articles. TD Aeroplan Visa Infinite Card. THe redemption program has not been working form the past ten days. Access VIP lounges and get free travel coverage. Please, MoneySense is fully owned by Ratehub Inc. but remains editorially independent. With amazing earn rates of 1 mile per $10 spent, you'll be on your next free flight sooner than you think. BMO World Elite Mastercard. 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!. Terrible service, waited 1h30 to talk to somebody but still did not get my points. Read Buy now, pay later: Are installment plans a budget win or finance fail? Upgrade your travel experience by availing benefits like Wi-Fi connectivity, comfy seating, complimentary refreshments & many more in these airport lounge clubs. Finally, you can redeem your Points for financial products, but this option comes at a steep reduction in value. World Elite Mastercard La carte World Elite Mastercard est la carte de prestige du réseau Mastercard. 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. Finally, the BMO Rewards website could use some work, given that it’s the portal through which users must make redemptions. More specifically, the travel insurance. 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. If you read something you feel is inaccurate or misleading, we would love to hear from you. For more information, please read our policies. Carte haut de gamme assortie de notre plus haut taux d’accumulation de points. Read The different types of home insurance—which one do you need? 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). MoneySense continues to update and make changes to correct any factual errors. However, sometimes prices and terms of the products are changed by the provider without notice. Add to that the card’s airport lounge access, and travel and medical insurance, and you’ve got a very competitive product for travellers. © 2002-2021 Ratehub Inc. All rights reserved. For more details read our MoneySense Monetization policy. The BMO World Elite Mastercard comes with a few great benefits including lounge access, car rental discounts, and travel & purchase insurance. Do not get BMO Mastercard World Elite. 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 . 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 . With the BMO ® AIR MILES ® World Elite ® * Mastercard ® *, you get 1 mile for every $10 you spend, Costco included. They don’t give you a tracking no. 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 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. You can sign in to BMO Rewards with your Online Banking credentials – It's simple and secure! 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. Mastercard Airport Experience provided by LoungeKey. For more information, please read, 5 things you need to know about the BMO World Elite Mastercard. By  For inquires related to your BMO Rewards Business MasterCard Customer account: 1-844 … After using the passes, it will … Merchandise not received, no able to get an answer from them. Furthermore, our editorial team does its best to ensure the information published on MoneySense.ca and other MoneySense properties is accurate. Is your credit card’s travel insurance enough? 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). Read How to sell your “office clothes” and invest in a work-from-home wardrobe. Apply now! 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 Scotiabank Gold American Express*, for example, offers 5 Scotia Points on restaurants and groceries. MoneySense is not responsible for content on external sites that we may link to in articles, . 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. 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. Earn 2 BMO Rewards points for every $1 spent 1,3 everywhere else. MASTERCARD WORLD ELITE. I've had a BMO World Elite MC for a few years now and I would highly recommend them to anyone. However, sometimes prices and terms of the products are changed by the provider without notice. Your email address will not be published. Best Visa. BMO ® World Elite ® * Mastercard ® *. The BMO World Elite Mastercard is one of a few premium credit cards available on the list of BMO credit cards. Premium travel perks. Trip cancellation / interruption insurance for up to $2,500 per insured person and $5,000 per trip overall. What are the best ways to benefit from this card? ‘…any airline without blackout dates…’ NOT TRUE! 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. Still undecided? Only BMO may determine who is a Primary Cardholder and whether an … Earn 3 BMO Rewards points for every $1 spent on eligible travel, entertainment and dining purchases 1,2,3. Read Can life insurance be used as a fixed income investment? Welcome Offer: Get up to $575 in value in your first year. The BMO World Elite Mastercard has one of the best insurance packages out there. If you read something you feel is inaccurate or misleading, we would love to hear from you. 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. Required fields are marked *. The BMO World Elite Mastercard. To redeem for rewards, you can avail yourself of the full-service online travel agency or shop from their catalogue. American Express Cobalt Card. This card comes with a welcome offer, travel medical insurance and other perks like airport lounge access and flight discounts. 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.