⚠ Disclaimer: We may earn a commission if you apply through the links on this page. Any results described are from our own personal experience — individual results vary, and card terms and rewards pricing change over time, so confirm current details with the issuer before applying.
The BMO Ascend World Elite Mastercard waives the $150 annual fee in the first year.
Welcome offer
Get up to $1,900 in value including up to 115,000 points. Plus, get a 0% introductory interest rate on Balance transfers for 12 months.
+$120 extra cash back paid by FinlyWealth when you apply through our link and are approved.
Year-one value: $925 — 115,000 BMO Rewards × 0.7¢ = $805 + $120 extra cash back · first-year fee waived. How we count
Key facts
Pros
- Generous rewards
- Lounge access
- Comprehensive insurance
- first-year fee rebate
Cons
- Low point value
- High income requirements
- Limited lounge availability
All BMO cards · Balance transfer cards · Travel rewards cards
Similar cards
| Card | Welcome offer | Extra cash back | Annual fee | Purchase rate | Cash advance | FX fee | |
|---|---|---|---|---|---|---|---|
 Scotiabank | Earn up to $1,100 in welcome offers, first year rewards and savings value, including up to 65,000 bonus Scene+ points.Est. value $650 | +$150 cash back | $120 | 21.99% | 22.99% | 0% | Apply → |
 American Express | Up to 15,000 Membership Rewards® pointsEst. value $285 | +$75 cash backuntil Dec 30, 2026 | $191.88 | 21.99% | 21.99% | 2.5% | Apply → |
 Scotiabank | — | +$150 cash back | $150 | 20.99% | 22.99% | 0% | Apply → |
 American Express | Earn up to 85,000 Aeroplan points.Est. value $1,140 | +$150 cash backuntil Dec 30, 2026 | $599 | 21.99% | 21.99% | 2.5% | Apply → |
Card data from FinlyWealth, updated 2026-11-08. Rates, fees and offers change often — confirm the current terms on the issuer's site before applying. crediteasy.ca is independent and does not provide financial advice.