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
