BMO CashBack® World Elite® Mastercard®

BMO CashBack® World Elite® Mastercard®

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BMO · MASTERCARD

The BMO CashBack® World Elite® Mastercard® is a credit card from BMO on the Mastercard network. 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.

Verified 8 Sept 2026

Key facts

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

Reward rates for the BMO CashBack® World Elite® Mastercard® by spending category
CategoryRateDetail
Groceries5%5% on groceries – the highest cash back earn rate on groceries in
Everything else1%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.

Questions about the BMO CashBack® World Elite® Mastercard®

What is the annual fee on the BMO CashBack® World Elite® Mastercard®?

Woodo does not currently hold verified annual fee data for the BMO CashBack® World Elite® Mastercard®. Check the issuer's own terms for the current fee.

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.

Community

Approval and real earn reports from cardholders are coming to this page soon.

Not sure this is the right card for you?

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