← Ranking
BMO Rewards @ 0.67¢/pt
BMO Ascend World Elite Mastercard — Net Value & Math
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
C1
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 | $824 | |||
C2
When to swipe it
One card per situation
✓ Use when
- Travel purchases when TD First Class isn't an option (5x BMO Rewards × 0.67¢ = 3.35¢/$).
- 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.
C3
Cap Pools
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.
C4
Perks & insurance
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