BMO Cash Back World Elite Mastercard
MastercardFX: 2.5%Cash Back

BMO

BMO Cash Back World Elite Mastercard

Cash Back

First Year Bonus

~$580

Welcome Bonus

5% cash back (first 3 months)

Annual Fee

$120

Spend Required

$0

Get notified when this offer goes elevated

We'll email you if BMO Cash Back World Elite Mastercard runs a higher-than-normal welcome bonus.

Data verified Apr 1, 2026

Earn rates

5%
grocery
4%
transit & recurring bills
3%
gas
1%
all other purchases

Points value: Cash back (1¢/pt equivalent)

Lounge access

No lounge access

Additional perks

  • 5% on grocery (industry leading cash back rate)
  • Up to $500 annual cash back cap on grocery
  • Strong recurring bills rate

Insurance coverage

Travel Medical
Trip Cancellation
Trip Interruption
Baggage Delay
Lost Baggage
Rental Car
Purchase Protection
Extended Warranty

Card details

NetworkMastercard
Annual fee$120
Foreign fee2.5%
Income req.$80,000 personal / $150,000 household
ProgramCash Back