BMO World Elite Mastercard credit card review: is it worth it?
Do you like getting rewarded for your spending? If so, you can consider the BMO World Elite Mastercard as your new credit card. We'll take a closer look at what this card has to offer.
BMO World Elite Mastercard credit card: enjoy dining and travel rewards with this credit card.
If you’re looking for a credit card that comes with some really great rewards, the BMO World Elite Mastercard is definitely worth checking out. With this card, you can earn points every time you use it, which can be redeemed for travel, merchandise, or even cashback.
Plus, there are no annual fees in the first year to worry about. So, is the BMO World Elite Mastercard right for you? Read on to find out.
|Welcome bonus||60,000 bonus points. Terms apply.|
No annual fee for the first year
|Rewards||3x points on travel, dining, and entertainment|
2x points on selected rental car services
2x points on every other purchase
BMO World Elite Mastercard credit card
A good rewards rate and the generous welcome bonus are just some of the benefits you’ll get with this card. Enjoy the reliability of a Mastercard signature that has excellent acceptance everywhere.
Although this card has good travel benefits, it is not the best option to take abroad because it charges foreign transaction fees. But you can use it to purchase your air tickets and rent cars while earning points to redeem for more trips. You can count on four complimentary visits to airport lounges and the great travel insurance coverage granted by Mastercard.
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BMO World Elite Mastercard credit card: should you get one?
If you’re looking for a credit card with reward points and no complicated bonus categories, this product is a good option, for you. Take a look at some pros and cons of this card:
- The welcome bonus will give you 60,000 bonus points and you won’t pay the annual fee for the first year.
- Flexible reward points program, which allows you to redeem them for travel, merchandise, a statement credit, or investment at BMO.
- Excellent travel insurance.
- Earn four complimentary access to airport lounges and membership in Mastercard Airport Experience.
- Required a good or excellent credit score and a minimum annual income for the application process.
- It is not the best option to use abroad because it charges a foreign transaction fee.
- Has a $150 annual fee.
Credit scores required
BMO has a high standard for this card. To have one, you need a good or excellent credit score. Also, you need a good total annual income too, of at least $80,000 – or $150,000 per household.
BMO World Elite Mastercard credit card application: how to do?
This review brought to you everything this card has to offer. Did you like it? Are you considering getting one for yourself? To apply for it is easy, and you can do it right now. Read the next content here to learn how to ask for your new credit card.
About the author / Julia Bermudez
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