BMO Ascend World Elite Business Mastercard
MASTERCARDFor business spending
BMO Ascend World Elite Business Mastercard
5.8Canada Cards ScoreFairWelcome bonus
150,000 pts
Get more for your business with up to $2,175 in value
Why get this card
- ✓Earn 4x on gas office telecom
Pros
- +Strong 4x earn on gas_office_telecom
Cons
- -Steep $175 annual fee
- -No insurance coverages captured
Earn rates
- gas_office_telecom4x
4 points per $1 on gas, office supplies and cell phone and internet bill payments
- general1.5x
1.5 points per $1 on all other purchases
Welcome offer
Get more for your business with up to $2,175 in value
- Bonus points
- 150,000
- Minimum spend
- —
- Spend window
- —
- Offer ends
- —
Up to $2,175 in value, including up to 150,000 bonus BMO Rewards Points in your first year (that's $1,000 in value).
Is this a record high? See the bonus history →Fees
- Annual fee
- $175
- Additional card
- —
- Foreign transaction fee
- —
Interest rates
- Purchase APR
- 18.99%
- Cash advance APR
- 23.99%
- Balance transfer APR
- —
- Grace period
- —
- Rate effective date
- —
Benefits & insurance
- Lounge access
- —
- Insurance coverages
- —
Redemption & eligibility
- Reward currency
- BMO Rewards Points
- Redemption options
- —
- Transfer partners
- —
- Min. personal income
- —
- Min. household income
- —
How we scored it
5.8Fair- Everyday earn rateWeight 30
4x on gas_office_telecom
- Welcome valueWeight 25
No current welcome offer
- Annual-fee valueWeight 20
$175 annual fee
- Benefits depthWeight 15
0 insurance coverages
- Interest costWeight 10
18.99% purchase APR
Our editorial rating, computed only from sourced figures. See the full methodology.
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Learn before you apply
Frequently asked
- Is the BMO Ascend World Elite Business Mastercard worth it?
- It carries a $175 annual fee. Earn 4x on gas office telecom. Compare it against similar cards below before deciding.
- What is the annual fee and interest rate on the BMO Ascend World Elite Business Mastercard?
- The annual fee is $175. The purchase interest rate is 18.99% and the cash advance rate is 23.99%. These are sourced from BMO's official page.
- What rewards does the BMO Ascend World Elite Business Mastercard earn?
- It earns up to 4x on gas office telecom, in BMO Rewards Points. See the full earn-rate breakdown above.
More ways to compare
Official sources
Every figure on this page comes from BMO's own pages. Last checked 2026-06-13.
- Product page: https://www.bmo.com/en-ca/main/business/credit-cards/bmo-ascend-world-elite-business-mastercard/
- Terms & conditions: https://www.bmo.com/en-ca/main/business/credit-cards/terms-and-conditions/
- Rewards program: https://bmorewards.com/
Cited, never sponsored
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