Originally Posted by
jerry305
Bank of Montreal has upped the reward redemption rate on the BMO Rewards World Elite MasterCard. The rate is now 2%, up from 1.9%.
The standard offer is 15,000 points, which at 1.9%, was worth $285.
However,
the 20,000 points bonus offer appears to still work. That'd be
$400 in travel credit. Annual fee remains at $150.
That's a $250 gain instantly. I think this is one of the best cards out there now.
• Supplementary cards are now free.
• Priority Pass access to VIP airport lounges (4 visits per year).
• $70,000 income or $120,000 household income required.
• More at
http://bmorewards.com
That's great! Too bad it's too late for me.
I did an upgrade last year for a really long-standing cc account I have at BMO, and got a pro-rated annual fee, plus the $285 (which got me 3 nights in LA-yay!) plus using my 4 passes later this year! I just down-graded again to avoid the annual fee, and plan to upgrade again in a year or two! It's a great churn for me!