MastercardFX: 2.5%Cash Back
BMO
BMO CashBack World Elite MC
Cash Back
First Year Bonus
~$530
Welcome Bonus
$480 cash back
Annual Fee
FYF
Spend Required
$2,000/mo (12 mo)
Apply via rebate portal
Get notified when this offer goes elevated
We'll email you if BMO CashBack World Elite MC runs a higher-than-normal welcome bonus.
Data verified Apr 1, 2026
Earn rates
5%
grocery
4%
transportation
3%
gas & EV charging
2%
recurring payments
1%
everywhere else
Points value: 2–5% cash back rate
Transfer partners
Cash back — no transfer partners
Lounge access
DragonPass membership (visits charged at $32 USD each)
Additional perks
- ✓$50 anniversary lifestyle credit
- ✓Best cash back rate on groceries in Canada
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
ProgramCash Back
