BMO World Elite Mastercard Update -- Effective Jan 15, 2018:
- earn 3 BMO Reards points per $1 spend on Travel, Dining, and Entertainment purchase up to $50K per year
- instead of 100 points per $1, it will now be 140 points per $1 (BMO will add extra points to your account to ensure your total points value after Jan 15 will be the same)
- gift card redemption up to 20% fewer points
- 25% few points for BMO investment
and staring Feb 2018, you can reduce your points toward your statement balance.