BMO CashBack World Elite Mastercard

Relevant if: you can benefit from its documented earning categories.

Less suitable if: you do not recover at least $139 in value to offset the annual fee.

Annual fee: $139
Reward type: Cash back
Welcome offer: Confirmed offer
First-year estimate: $1,300.56

Data verified on September 8, 2026

Estimate with my spending

Futello estimate

Estimated net value — first year

$1,300.56

Annual fee thereafter: $139
First-year fee: $0 — first year free ($139 rebate)

View the official page

View calculation details

This estimate combines the card’s ongoing value in a balanced scenario with the portion of its welcome offer earned during the first 12 months.

Ongoing net value in the scenario: $542.56
Recurring annual fee already deducted: $139
Welcome-offer value earned during the first 12 months: $619
First-year fee: $0 — first year free ($139 rebate)

Balanced reference scenario

Value calculated with a balanced spending basket of $36,000 per year.

Everyday purchases$11,250
Gas / charging$4,500
Groceries$11,250
Pre-authorized payments$4,500
Restaurants$4,500

The total amount matches the selected level and is applied entirely to this card. Rewards are projected from the certified balanced scenario; fees are never multiplied. A first-year fee rebate is applied only when confirmed in the published offer. Ordinary rewards on required spending are not counted twice.

First year

Welcome offer

Up to $480 bonus cash back plus a first-year fee rebate 2025-12-15 — 2026-10-31

$40 bonus cash back after $2,000 in purchases in billing cycle 1 Spend $2,000 within 1 month
$40 bonus cash back after $2,000 in purchases in billing cycle 2 Spend $2,000 within 1 month
$40 bonus cash back after $2,000 in purchases in billing cycle 3 Spend $2,000 within 1 month
$40 bonus cash back after $2,000 in purchases in billing cycle 4 Spend $2,000 within 1 month
$40 bonus cash back after $2,000 in purchases in billing cycle 5 Spend $2,000 within 1 month
$40 bonus cash back after $2,000 in purchases in billing cycle 6 Spend $2,000 within 1 month
$40 bonus cash back after $2,000 in purchases in billing cycle 7 Spend $2,000 within 1 month
$40 bonus cash back after $2,000 in purchases in billing cycle 8 Spend $2,000 within 1 month
$40 bonus cash back after $2,000 in purchases in billing cycle 9 Spend $2,000 within 1 month
$40 bonus cash back after $2,000 in purchases in billing cycle 10 Spend $2,000 within 1 month
$40 bonus cash back after $2,000 in purchases in billing cycle 11 Spend $2,000 within 1 month
$40 bonus cash back after $2,000 in purchases in billing cycle 12 Spend $2,000 within 1 month

Current offer · not enough history to compare
Offer quality: Weak Futello rating grid
Offer changed recently

Welcome bonus: 40 $ CAD
Requirements: $24,000 in spending within 12 months · 12 tiers
Annual fee rebate: $139
Estimated value: $619 first 12 months, per the valuation published by Futello
Offer announced until: October 31, 2026
Last verified: September 4, 2026 · Verified 17 days ago

Offer reduced — August 24, 2026 · required spend

Historical context

Futello does not yet have enough verified history to compare this offer.

See observed offers

Earlier offer · observed in 2026 650 $ $300 in spending within 0 months
August 24, 2026 40 $ $24,000 in spending within 12 months current offer

Facts come from the data published by Futello (official issuer source, verified history). The page does not estimate anything on its own. Are credit-card welcome bonuses worth it? · How offers are evaluated

Earning

Rewards

Category	Reward	Conditions
Transit, taxis and ridesharing	4%	$300 cap / statement period · 1% after the cap
Gas	3%	$300 cap / statement period · 1% after the cap
Groceries	5%	$500 cap / statement period · 1% after the cap
Other purchases	1%	No published cap
Pre-authorized payments	2%	$500 cap / statement period · 1% after the cap

Go further

Evergreen guides with no numbers that go stale, and the full Futello methodology.

Sources and uncertainties

Unconfirmed information remains distinct from an absence. Always review current terms with the issuer.

View source