MastercardFX: 2.5%Lounge Access
BMO
BMO Ascend World Elite MC
BMO Rewards
First Year Bonus
$650
Welcome Bonus
55,000 pts
Annual Fee
FYF
Spend Required
$4,500
Get notified when this offer goes elevated
We'll email you if BMO Ascend World Elite MC runs a higher-than-normal welcome bonus.
Data verified Apr 1, 2026
Earn rates
5x
travel
2x
dining & entertainment
1x
everywhere else
Points value: ~0.67¢/pt via BMO travel portal
Transfer partners
Redeem through BMO travel portal
Lounge access
Mastercard Travel Pass — 4 free lounge visits/year via DragonPass
Additional perks
- ✓$150 annual travel credit
- ✓Mastercard World Elite concierge
Insurance coverage
Travel Medical ($2M)
Trip Cancellation
Trip Interruption
Baggage Delay
Lost Baggage
Rental Car
Purchase Protection
Extended Warranty
Card details
NetworkMastercard
Annual feeFYF
Foreign fee2.5%
Income req.$80,000 personal or $150,000 household
ProgramBMO Rewards
