BMO Rewards @ 0.67¢/pt

BMO Ascend World Elite Mastercard

Annual fee $150 · 2.5% FX · Insurance 7/10 · Lounge 3/10

Net value @ your spend

+$549

rewards $824 · credits $0 · fee −$150 · fx −$125

Per-category math

rate × spend × ¢/pt = $ earned

Category	Rate	Spend	¢/pt	= Earned
Groceries	1×	$12,000	0.67¢	$80
Dining	3×	$8,000	0.67¢	$161
Travel	5×	$10,000	0.67¢	$335
Gas	1×	$4,000	0.67¢	$27
Recurring	3×	$6,000	0.67¢	$121
All Other	1×	$15,000	0.67¢	$101
Subtotal				$824

One card per situation

✓ Use when

Travel purchases when TD First Class isn't an option (5x BMO Rewards × 0.67¢ = 3.35¢/$).
Recurring bills if you don't hold TD Aeroplan VIP (3x = 2.01¢/$).
As a backup card for Mastercard-only acceptance situations.

✗ Avoid when

Almost everything else — beaten on every category by at least one other card in this set.
Groceries, gas, 'all other' — base 1x × 0.67¢ = 0.67¢/$, the worst rate in the lineup.
Foreign spend — 2.5% FX.
If holding TD First Class + Eclipse + Aeroplan VIP, this card is redundant — net value $549 is the lowest in the group.

No category caps on this card

Every bonus category on this card is uncapped — you earn the headline rate on every dollar of qualifying spend.

Direct from the issuer

Notable perks

Annual fee rebated with a BMO Premium Chequing Account
Save up to 20% on National Car Rental and Alamo Rent a Car and up to 5% on Enterprise Rent-A-Car
Get 20% off Cirque du Soleil shows in Canada and 15% off in Las Vegas
Get up to 15% off a FlexiRoam Global Data Roaming plan plus up to 3GB of data

Insurance

Out-of-province/out-of-country emergency medical insurance up to $2 million for 21 days
Trip cancellation/trip interruption insurance
Flight delay insurance up to $500
Baggage insurance
Hotel burglary insurance up to $1,000
Car rental collision/loss damage insurance
Extended Warranty Insurance
Purchase Security Insurance
Common carrier insurance

Other cards