Limited time: $150 annual fee waived in the first year1

Limited time: Get 20,000 welcome bonus points1 worth $200 in travel rewards

2% back for travel on all card purchases3

VIP airport lounge access (over $200 US/year value)5

T&C
The 20,000 BMO Rewards welcome bonus points offer (worth $200 in travel rewards) and the primary cardholder $150 annual fee waiver in the first year is limited to new BMO World Elite Mastercard accounts. $150 annual fee applies after the first year and will appear on your account statement twelve (12) months after the account open date. First year annual fee waiver does not apply to the additional card annual fee. Applications must be received between July 5, 2017 and November 30, 2017 (“Offer Period”) to be eligible for this offer. This offer is not available to current or former BMO World Elite Mastercard cardholders who reinstate a closed account or open a new account. Existing BMO credit card cardholders who transfer into this product during the Offer Period are not eligible for this offer. 20,000 BMO Rewards welcome bonus points will be applied to your BMO Rewards Collector Account following the first statement after your first card purchase. If you cancel your card within thirty (30) days of account opening, the welcome bonus will be cancelled. This offer may be withdrawn or changed without notice.
BMO Rewards Program redemptions are subject to fees and charges. Please see the fees, charges and pricing policy for details.
Subject to the Terms and Conditions of the BMO Rewards Program, BMO Rewards points are calculated based on purchases of goods or services charged to the account, less any refunds or adjustments, rounded down to the nearest whole dollar. Cash advances (including but not limited to purchases of foreign currency or traveller's cheques), interest charges, fees, payments, credit or debit adjustments and any amount other than purchases that may be charged to the account, do not qualify for points. Bank of Montreal may establish other qualifying and non-qualifying transactions from time to time.
Subject to certain terms and conditions contained in the BMO World Elite Total Travel and Medical Protection Certificate of Insurance, which is sent to new cardholders; please refer to the certificate for further details. Inclusive medical coverage is only applicable to cardholders under the age of 65. BMO Mastercard insurance benefits provided by Allianz Global Risks US Insurance Company (Canadian Branch) and Chubb Insurance Company of Canada.
Benefits provided by Priority PassTM†* Inc. Value of the Priority Pass membership is calculated as follows: standard membership (US$99) plus 4 free VIP lounge visits per membership year (worth US$108). Value and benefits of the complimentary Priority Pass membership are subject to change without notice.
Purchase Protection and Extended Warranty Insurance benefits provided by Allianz Global Risks US Insurance Company (Canadian Branch).
If your card is used without your authorization, you will not be liable if: you did not contribute to the unauthorized use; you used reasonable care to safeguard your card and PIN; you notify us by telephone within 24 hours if you learn of the loss, theft or misuse of your card or cheques, or after you suspected that someone else knows your PIN; you have not reported two or more unauthorized transactions in the last 12 months, and your account is in good standing. If you don't meet these criteria, you will be liable for all charges incurred in connection with the unauthorized use.
All flight options shown are estimations only. Actual number of points required varies based on the retail price of the ticket available at the time of booking.
Important details are contained in the booklet that will follow under separate cover with your BMO Mastercard. Insurance benefits provided by Chubb Insurance Company of Canada.
Points will not expire as long as the account remains open and in good standing, except as described in the section of the terms and conditions of the BMO Rewards Program (hereafter referred to in this paragraph as the "Program"), which deals with termination of the Program. Upon cancellation of the account, a cardholder will have ninety (90) days in which to do either of the following: (i) redeem the points earned for one or more rewards; or (ii) reinstate the points by either reinstating the account or opening a new account and linking the points account that was attached to the cancelled account to the new account. After the ninety (90) day period, unless the points are reinstated, any points which remain in the points account will expire. The terms and conditions of the Program are sent to new cardholders; please refer to the terms and conditions for further details.
Ongoing interest rates, interest-free grace period, annual fees and all other applicable fees are subject to change. Cash advances include Balance Transfers, cash-like transactions and Mastercard cheques. Visit your branch; call the Customer Contact Centre at 1-800-263-2263, or visit bmo.com/creditcards for current rates and fees.