Pros & Cons
Pros
- First-year annual fee waived ($175)
- Welcome Bonus: Up to 150,000 points
- Up to 12.5x with the partner brand
Cons
- High annual fee ($175/yr after the first year)
- Foreign Transaction Fee (2.5%)
Our Review
The BMO® Blue Rewards World Elite®* Business Mastercard®* makes the most sense if your business already shops with Blue Rewards partners and travels enough to use the four included airport lounge visits each year. Without regular partner spending, the base rate matters more than the headline multiplier.
Up to 150,000 Blue Points in three steps
- 50,000 Blue Points after $10,000 in eligible net purchases in the first 110 days.
- Another 50,000 Blue Points after $20,000 in total eligible net purchases in the first 180 days.
- Another 50,000 Blue Points after $30,000 in total eligible net purchases in the first 365 days.
The thresholds are cumulative from account opening. The offer applies to applications received through November 30, 2027. BMO waives the primary cardholder’s $175 annual fee in the first year. Additional cards cost $50 each per year.
Where the higher earn rates apply
- 12.5 Blue Points per dollar at participating partners, up to $25,000 in eligible net purchases per calendar year.
- 2.5 Blue Points per dollar on eligible gas and electric vehicle charging, up to $1,000 in net purchases per statement cycle.
- 1.25 Blue Points per dollar on other eligible purchases and on spending above the caps.
Deciding whether the annual fee is worth it
With $400 in eligible partner purchases, $300 in eligible gas purchases outside those partners, and $1,300 in other eligible purchases each month, a business would earn 88,500 Blue Points a year before the welcome bonus. To judge the $175 fee, consider where you’ll redeem those points and how many lounge visits you’ll actually use.
Rewards
All Spending
1.25x
Blue Rewards pts per dollar
With the partner brand
12.5x
Blue Rewards pts per dollar
Gas
2.5x
Blue Rewards pts per dollar
Credit Card Rewards Calculator
See how much you could earn with this card based on your spending.
Points Earned
40,500
Blue Rewards/yr
Estimated Value
$271
After Fees
+$271
1st Year ValueThese figures are estimates from our own calculator, based on our point valuations and the spending you enter. They are not the card issuer's valuation and have not been provided or endorsed by the issuer. Actual rewards may vary.
$606
incl. welcome bonus
Annual rewards breakdown
- Earn up to 50,000 Blue Rewards after $10,000 in purchases within the first 110 days, spend $265/mo more
- Earn up to 50,000 Blue Rewards after $20,000 in purchases within the first 180 days, spend $880/mo more
The calculation uses the maximum advertised welcome offer. Your actual offer may be lower or unavailable.
First-year advantages
- $175
Perks & Benefits
Airport lounge access
Additional Benefits
- H&R Block: 30% off eligible DIY and assisted tax preparation services.
- Cirque du Soleil: 20% off eligible Canadian touring shows and 15% off eligible resident shows in Las Vegas, subject to availability.
- Instacart: Six months of Instacart+ and a $10 monthly credit when you enrol your eligible card. Terms apply.
- Mastercard Easy Savings: Automatic rebates at qualifying merchants.
See BMO’s card benefits and terms for eligibility and exclusions.
Travel Insurance
Travel medical (under 55)
Up to $5,000,000 / 15 days
Travel medical (55-64)
Up to $5,000,000 / 15 days
Trip Cancellation
Up to $1,500
Trip Interruption
Up to $2,000
Delayed Baggage
Up to $500
Lost Baggage
Up to $500
Flight Delay
Up to $500
Hotel Burglary
Up to $1,000
Travel Accident
Up to $500,000
Purchase Protection
Purchase Protection
Included
Extended Warranty
+1 year(s)
Auto Rental
Up to $65,000 / 48 days
Fees and interest rates
- Annual Fee$175
First-year annual fee waived
- Additional card fee$50
- Foreign currency conversion fee2.5%
- Purchase Rate20.99%
- Cash advance rate23.99%
Eligibility
Personal Income
$80,000
Household Income
$150,000
Terms & Conditions
Card Features
Welcome offer: get up to $1,960 in value in the first year, including up to 150,000 bonus Blue Points. Applications must be received between September 9, 2026 and November 30, 2027.
- 50,000 bonus points after $10,000 in net purchases within the first 110 days;
- 50,000 additional bonus points after $20,000 in net purchases within the first 180 days;
- 50,000 additional bonus points after $30,000 in net purchases within the first 365 days (150,000 points in total, worth up to $1,000 when redeemed at participating in-store partners or towards eGift Cards);
- $175 primary cardholder annual fee waived in the first year;
- up to $520 in value with Maple (5 free virtual care visits);
- up to $268 in value with Mastercard Travel Pass provided by DragonPass (membership + 4 free passes per calendar year).
- Earning: 12.5 Blue Points per dollar at participating Blue Rewards Partners, up to $25,000 in net purchases per calendar year; 2.5 points per dollar on gas and electric vehicle charging, up to $1,000 in net purchases per statement cycle; 1.25 points per dollar on all other purchases.
- The $50 annual fee for each Additional Card added during the first year is charged on a prorated basis and is not waived. Minimum annual income of $80,000 (individual), $150,000 (household), $250,000 (business income), or $400,000 (assets under management).
Legal
Conditions apply. BMO is not responsible for updating the content of this site. For the most up-to-date information, please click on the Online Application link.
Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. Sparks and Bloom may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 BMO. All trademarks are property of their respective owners.
