BMO CashBack® World Elite® Mastercard®
BMO · MASTERCARD
The BMO CashBack® World Elite® Mastercard® is a credit card from BMO on the MASTERCARD network. It has an annual fee of C$139. It earns 5% on groceries, 1% on everything else. The welcome offer is Get up to $650 in value, including the annual fee waived in the first year. Plus, get a 0% introductory interest rate on Balance transfers for 12 months with a 2% transfer fee.
Key facts
- Annual fee
- C$139
- Purchase APR
- 21.99%
- Network
- MASTERCARD
- Welcome offer
- Get up to $650 in value, including the annual fee waived in the first year. Plus, get a 0% introductory interest rate on Balance transfers for 12 months with a 2% transfer fee.
Reward rates by category
| Category | Rate | Detail |
|---|---|---|
| Groceries | 5% | 5% on groceries – the highest cash back earn rate on groceries in |
| Everything else | 1% | 1% on all other purchases with no limit on how much cash back you |
Benefits and perks
- Every day feels like pay day when you earn unlimited cash back on your everyday purchases
- Save on groceries and more with complimentary Instacart+: Enjoy six months of Instacart+ and a $10 monthly Instacart credit when you enroll your eligible BMO Credit Card.
- BMO PaySmart™ Installment Plans: Live now, pay smarter with a BMO PaySmart plan by turning your credit card purchases into smaller, monthly payments at a low cost.
Rates and fees
Annual membership fee: C$139. Purchase APR: 21.99%, based on creditworthiness and the Prime Rate. Cash advance APR: 23.99%.
Rates and fees as published by the issuer and recorded on 8 Sept 2026. See the issuer's terms for current rates. View the issuer's terms
Questions about the BMO CashBack® World Elite® Mastercard®
What is the annual fee on the BMO CashBack® World Elite® Mastercard®?
The BMO CashBack® World Elite® Mastercard® has an annual fee of C$139.
What rewards does the BMO CashBack® World Elite® Mastercard® earn?
The BMO CashBack® World Elite® Mastercard® earns 5% on groceries, 1% on everything else.
Is the BMO CashBack® World Elite® Mastercard® worth it?
The BMO CashBack® World Elite® Mastercard® is worth it when the rewards you would earn on your own spending exceed its annual fee. Upload a statement to Woodo and the calculation runs against your real categories rather than an assumed budget.
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