BMO Blue Rewards World Elite Mastercard
BMO Blue Rewards1.0¢ exact
$150 annual fee (waived yr 1)Min. income: $80,000Credit tier: Excellent
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A premium travel card on BMO's new Blue Rewards program (launched June 2026). Earns 10x at Blue Rewards Travel and partners, 2x on groceries, gas, EV charging, wholesale clubs and alcohol, and 1x on everything else. Comes with 4 annual airport lounge passes and a comprehensive travel insurance package; the first-year fee is waived. Blue Points redeem for travel at roughly 0.64-0.67 cents each.
Earn Rates
🛒 Groceries — Amex accepted2x⛽ Gas2x·Everything else1x
💡 10x at Blue Rewards Travel & partners (excl. cruises). 2x on groceries, gas, EV charging, wholesale clubs and alcohol. 1x on all other purchases.
Best For
Frequent travellers who book through BMO's Blue Rewards Travel portal and want lounge access without a high fee.
Strengths
- ✓10x on Blue Rewards Travel & partners
- ✓4 airport lounge passes per year
- ✓First year fee waived
- ✓Strong travel & medical insurance
Weaknesses
- ×Blue Points worth only ~0.65 cents
- ×Top earn rate locked to BMO's own travel portal
- ×$80k income requirement
Annual Benefits
4 airport lounge passes/year, travel & medical insurance, roadside assistance
Value: $150 first year
Welcome Bonus
Smart Bonus Strategy — Earn 50,000 points
See spend breakdown below
Minimum spend bonus
Spend $5,000 in 4 months
optimal stop45,000 pts × 1.0¢+$450Min. spend earnings5,000 pts × 1.0¢+$50
Annual benefits4 airport lounge passes/year, travel & medical insurance, roadside assistance+$150
Annual fee (waived yr 1)$0
Net first-year value+$650
Not Included in Smart Bonus Strategy
20,000 after $10,000 within 180 days
Spend $5,000 in 6 months
Only 4.0% return — optimal tier earns 13.0%
20,000 pts × 1.0¢+$20035,000 after $20,000 within the first year
Spend $10,000 in 12 months
Only 3.5% return — optimal tier earns 13.0%
35,000 pts × 1.0¢+$350Compare to Similar Cards
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