BMO CashBack World Elite Mastercard

Published minimum income $80,000

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.

Estimate with my spending

Futello estimate

Net value, first year

$480.00

The bonus in dollars, minus the fees to earn it.

Fee: $0 in year one ($139 rebate), then $139

Offer verified on November 5, 2026

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View calculation details

Offer (first 12 months): $619.00
− First-year fees: $139.00
= First-year net value: $480.00

For a spending profile of $36,000 a year

The offer plus the card’s rewards on this profile. The net value above counts the offer only.

Rewards net of annual fees (balanced scenario): $542.56
+ First-year fee rebate: $139
+ Offer (first 12 months): $619
= Estimate for this profile, offer included: $1,300.56

Basket breakdown · Balanced reference scenario

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

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

The whole selected basket goes on this card, per the certified balanced scenario. Fees counted once; first-year rebate only when the published offer confirms it; rewards on required spending never counted twice.

Welcome offer

Current offer

Welcome bonus: 480 $ CAD
Conditions: $24,000 in spending within 12 months

See the offer detail

Promotional value of $480 Spend $24,000 within 12 months
Annual fee rebate: $139
End date: October 31, 2027
Offer quality: Weak Futello rating grid
Last verified: Verified today

Offer reduced — August 24, 2026 · required spend

Email me if this offer changes

Offer history: too short to compare

Earlier offer · observed in 2026 650 $ $300 in spending within 0 months
September 23, 2026 480 $ $24,000 in spending within 12 months current offer

Facts from the issuer’s official site and Futello’s verified history. How offers are evaluated

Rewards

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

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Sources and uncertainties

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

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