BMO® CashBack® World Mastercard®* Review
Recommended Credit Score:
670 900
Average to Excellent
$0
Welcome Bonus Value
$79
Annual Fee
19.99%
Purchase Interest Rate
NA
Min Personal Required
BMO® CashBack® World Mastercard®*
My Rate Compass Rating: star star star star star_outline (4)
Bank Name:BMO
Network Type:Mastercard
BMO® CashBack® World Mastercard®*
Welcome Bonus
Annual Fee
$79
BMO® CashBack® World Mastercard®*
Card Details

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

Insurance
  • 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
Fees and Eligibility
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:
670 900
Average to Excellent
Our Rating
My Rate Compass Rating: star star star star star_outline (4)
Rating Methodology: 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. Credit card rating methodology
Editorial Guidelines: Learn more about our editorial guidelines here.
Pros and Cons
  • 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.