Card Details

Bank Name: BMO
Network Type: Mastercard
Card Type: Personal
MRC Rating My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category.: (4)

Fees

Annual Fee: $79
Additional Card Fee: $0
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%

Eligibility

  • You're a Canadian resident
  • You've reached the age of majority in your province or territory

Recommended Credit Score

Average to Excellent (670-900)

BMO® CashBack® World Mastercard®* Review

Welcome Bonus:
 
BMO® CashBack® World Mastercard®* snapshot

BMO® CashBack® World Mastercard®* Review

Enjoy exclusive perks and redeem your cash back your way with this rewarding credit card

Get 1.25% cash back on your credit card purchases

Spend $1,500 monthly on card purchases

Earn $225 cash back annually

BMO® CashBack® World Mastercard®* Rewards
BMO® CashBack® World Mastercard®* Features
Priority airport services
No
Airport lounge access
No
Concierge service
No
Balance protection(Optional)
No
Purchase Security & Extended Protection Insurance
Yes
Flight delay insurance,Baggage Insurance
No
Vehicule rental insurance
Yes
Travel accident insurance
Yes
Travel medical insurance
Yes
BMO® CashBack® World Mastercard®* User Reviews
Total Reviews: 0

Rating: 1 2 3 4 5 ( 4 )

Application Experience: 1 2 3 4 5

Rewards/Features: 1 2 3 4 5

Customer Service: 1 2 3 4 5

Convenience: 1 2 3 4 5

Likelihood to recommend: 1 2 3 4 5

BMO® CashBack® World Mastercard®* FAQs
 

Other Recommended Credit Cards

Advantages:

  • Roadside Assistance (a $69/year value)
  • 3% cash back on all Shell purchases
  • up to 25% off rentals at National Car Rental and Alamo Rent A Car at participating locations
  • to add additional cardholders to earn even more cash back for $35/year each
  • BMO World Mastercard Travel Protection to travel with coverage for Car Rental Collision Damage, Unexpected Return Home, Common Carrier Accidental Death and Dismemberment Insurance, and more
purchase protection and extended warranty on most items bought with your card
  • Complimentary membership in Mastercard Airport Experiences provided by LoungeKey
 

Editor`s Review:

Now, the BMO® CashBack® World Mastercard®* is a fancy-looking gold cashback card that allows you to enjoy unlimited perks and discounts. With an annual fee of $79, this card is perfect for households with a minimum of $100,000 or individuals with at least $60,000 in annual income.

 

This cashback card is perfect for Canadians who travel a lot by car. With the BMO® CashBack® World Mastercard®*, you get to earn 1.25% on all your purchases, 3% cashback on Shell purchases, and complimentary roadside assistance. If you also travel by plane, you can use this card to benefit from 24/7 concierge service, LoungeKey membership and over 10 types of purchase insurance.

 

The BMO® CashBack® World Mastercard®* is a perfect fit for you if credit card insurance is mandatory for you, you travel a lot and need road assistance, you spend a lot on gas, or you travel by plane and want to do it in style. Even if this card does not come with a welcome bonus and has a standard 19.99% interest rate, it makes for quite a good option for Canadians who earn between $60k and $80k a year.

Already have this credit card? Tell us what you think

Click on the user reviews tab above to leave a review

 

Author Bio

User
Mohamed Konate

Mohamed Konate is a personal finance expert, blogger, and marketing consultant based out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where he managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook.