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A black BMO Ascend Business World Elite Mastercard is shown with a metallic chip and a flowing pattern of blue and white dots across the card’s surface.

BMO Ascend World Elite^®* Business Mastercard^®*

Get rewarded for all your purchases, plus, earn extra rewards on your most common business expenses.

Welcome offer

Get more for your business with up to $2,175 in value!^† This includes up to 150,000 bonus BMO Rewards Points in your first year (that's $1,000 in value).^††

Minimum of $80,000 (personal) or $150,000 (household) or $250,000 (business revenue) or $400,000 (Assets Under Management).

Your rates at a glance

$175
annual fee (waived in the first year)¹

18.99%
interest rate on purchases¹
23.99%
interest on cash advances¹

Enjoy up to $2,175 in value in your first year

Explore the bonuses, waivers and other benefits in your first 12 months with this card.^†

Bonus BMO Rewards Points
Earn up to 150,000 bonus BMO Rewards Points (worth up to $1,000).^†
Annual fee waiver
In your first year, we’ll waive the annual fees for your primary card and two employee cards, for a total value of $275.^†
Travel perks
Enjoy up to $380 in value with a Nexus statement credit and airport lounge access with Mastercard Travel Pass (from DragonPass), including two free passes a year.^†
Premium benefits
Get five virtual visits with a Canadian healthcare provider via Maple, for a total value of $520.^†

Get even more perks with your business card

Travel coverage
Enjoy travel medical insurance, car rental collision damage waiver coverage, trip cancellation/interruption coverage, and more.²⁵
Airport lounge access
Get a free membership for Mastercard Travel Pass provided by DragonPass, plus two free passes a year.²³
5 free virtual care visits
Meet with a registered Canadian healthcare provider whenever you need to with Maple.^3,4
Security and protection
Feel secure with zero liability protection in cases of fraudulent card use.⁵

Earn points on all your purchases

Get the most out of your money with points every time you use your card.

Earn on business expenses

Get 4 points for every $1 you spend on office supplies as well as cellphone and internet bill payments.²^,²¹

Earn on gas

Get 4 points for every $1 you spend on gas.^2,21

Earn on everything else

Get 1.5 points for every $1 you spend on all other card purchases.^2,21

Your points, your way

Discover all the ways you can redeem your BMO Rewards.

A person shops online with a credit card beside an open suitcase filled with travel items, suggesting booking eligible travel purchases such as flights, hotels, car rentals, and vacation cruises.

Cover eligible travel purchases

Redeem your BMO Rewards Points using Pay with Points to cover eligible travel purchases like flights, hotels, car rentals, vacation packages, cruises and more.⁶^,⁷

A person drops a coin into a piggy bank on a table surrounded by coins, a calculator, and a notebook, symbolizing saving money and redeeming points for gift cards.

Redeem points for gift cards

Use your hard-earned points to treat yourself, friends or family with gift cards from your favourite brands. Choose from more than 100 gift cards and e-gift cards on BMO Rewards.

A person pays at a checkout counter, holding out a card while a cashier processes the transaction, representing the ability to use points directly toward eligible purchases.

Pay with Points

Let your points pick up the tab. Apply your points directly to eligible purchases. Learn how to pay with points here.^6,7

How to Pay with Points

Treat yourself with BMO Rewards and Pay with Points for any purchase.

Step 1: Sign in

Step 2: Choose a purchase

Browse your recent transactions and select an eligible purchase for points redemption.

Step 3: Redeem

Choose how many points you’d like to redeem toward your purchase – you can redeem your points for as little as $1!^6,7

Even more benefits to explore

Learn more about what comes with the BMO Ascend World Elite^®* Business Mastercard^®*.

Liability Waiver Program: This provides protection against employee card abuse.⁸
Zero liability: Feel secure with zero-liability protection in cases of fraudulent card use.⁵
Extended protection: We offer 90-day purchase protection plus extended warranty protection of up to an additional year on items you charge to your card.⁹
Mastercard Trust Centre: Get online access to trusted cybersecurity research and resources to help protect your business.
Mastercard Global Service^TM: Get support when you need it with 24/7 assistance for card-related concerns, available in all languages and anywhere in the world.
Toll-free customer service: Call 1-844-385-5055 toll free for customer service in English, French, Cantonese or Mandarin.

For more information on security at BMO, find out how we protect you.

Travel medical insurance: You’ll be covered for up to $5 million in eligible out-of-province or out-of-country emergency medical expenses for trips up to 15 days.²²
Trip cancellation reimbursement: In the event of an eligible cancellation, you’ll be reimbursed for the non-refundable and non-transferable prepaid portion of your trip up to $1,500 per insured person, to a maximum of $5,000 per account.²²
Flight delay insurance: If your flight is delayed for more than four hours, you’ll be reimbursed up to $500 per account for additional accommodation and travelling expenses.²²
Delayed and lost baggage insurance: You can get reimbursed up to $500 per insured person, to a maximum of $1,000 per account if your baggage is lost or damaged. If your checked baggage is delayed by more than six hours, you’ll be reimbursed up to $500 for the purchase of essential items.²²
Car rental collision/damage waiver insurance: You’ll be reimbursed for damage or theft of your rental car for a total rental period of up to 48 consecutive days.²²
Trip interruption reimbursement: If your trip is interrupted by an eligible event, you will get reimbursed up to $2,000 per insured person for the extra cost of a one-way economy return airfare and any unused non-refundable prepaid arrangements.²²

Download our travel protection certificate of insurance for more information.

Get up to 22 additional cards so employees can easily make purchases on behalf of your business and help you earn points faster.^§§,10
Get automatic rebates of 1%-25% when you shop at qualifying merchants with Mastercard Easy Savings^TM^,¹¹
Enjoy 30% off H&R Block’s DIY and Assisted Channels Tax Offerings.¹²
Get 20% off admission to Cirque du Soleil shows touring Canada,¹³ plus 15% off resident shows in Las Vegas.¹⁴
Enjoy six months of Instacart+ and a $10 monthly Instacart credit when you enroll your eligible BMO business credit card.¹⁵
Get 24/7 access to roadside assistance, including battery boosts, flat-tire changes, lockout service and towing – a $75-per-year market value.¹⁷
Unlock up to 35% off base rates on your next car rental with Avis and Budget when you prepay at booking.¹⁸

BMO PaySmart Installment Plans

Live now, pay smarter with a BMO PaySmart plan by turning your credit card purchases into smaller, monthly payments at a low cost.

Learn more

What you’ll need to apply for a business credit card with us

Select your type of business for a list of information you’ll need to provide.

Here’s what you’ll need:

Name, address and date of birth, along with personal identification
Trade Name Registration (if applicable)
Master Business Licence (if you’re using a registered trade name)

Here's what you'll need:

Please consult the following list to figure out what information you may need to provide.

If your business has been in existence less than 18 months, please provide one of the following:

Complete articles of incorporation
Letters patent/company charter
Articles of amendment
Articles of amalgamation
Corporate Profile Report

If your business has been in existence more than 18 months, please provide one item from the previous list as well as one of the following:

Annual/statutory return
Certificate of status
Certificate of compliance/existence and any filings under the applicable provincial securities legislation, such as financial statements
Financial statement or annual report signed by an independent accounting firm
Government assessment
Corporate search

If your business operates under a registered trade name, please provide one of the following:

Trade Name Registration
Master Business License

In all cases, please provide the following identification:

Name, address, and occupation or nature of primary business
Percentage ownership and type of ownership (direct or indirect) for any person (including yourself) or company with an interest of 25 per cent or more of your business
Name, occupation and date of birth, along with personal identification

Here's what you'll need:

Please consult the following list to figure out what information you may need to provide.

If your business has been in existence less than 18 months, please provide one of the following:

Complete articles of incorporation
Letters patent/company charter
Articles of amendment
Articles of amalgamation
Corporate Profile Report

If your business has been in existence more than 18 months, please provide one item from the previous list as well as one of the following:

Annual/statutory return
Certificate of status
Certificate of compliance/existence and any filings under the applicable provincial securities legislation, such as financial statements
Financial statement or annual report signed by an independent accounting firm
Government assessment
Corporate search

If your business operates under a registered trade name, please provide one of the following:

Trade Name Registration
Master Business License

In all cases, please bring the following identification:

Name, address, and occupation or nature of primary business
Percentage ownership and type of ownership (direct or indirect) for any person (including yourself) or company with an interest of 25 per cent or more of your business
Name, occupation and date of birth, along with personal identification, for yourself and up to three authorized signatories

Here's what you'll need:

Please consult the following list to figure out what information you may need to provide.

If your business is a general partnership, please bring the following:

Partnership registration (if applicable)
Partnership agreement

If your business is operating under a registered trade name, please bring one of the following:

Trade Name Registration
Master Business License

If your business is a limited partnership, please bring the following:

Limited partnership agreement
Certificate of limited partnership/declaration of limited partnership/application for registration of a limited partnership

In all cases, please bring the following identification:

Name, address, and occupation or nature of primary business
Percentage ownership and type of ownership (direct or indirect) for any person (including yourself) or company with an interest of 25 per cent or more of your business
Name, occupation and date of birth, along with personal identification, for yourself and up to three authorized signatories

Here's what you'll need:

Please consult the following list to figure out what information you may need to provide.

If your business has been formally established, please bring one of the following:

Articles of association
Copy of by-laws or constitution disclosing names and titles of directors and/or officers

If your association isn’t formally established, please bring:

Letter from the organization disclosing who has the authority to open and operate the account

In all cases, please bring the following identification:

Name, address, and occupation or nature of primary business
Percentage ownership and type of ownership (direct or indirect) for any person (including yourself) or company with an interest of 25 per cent or more of your business
Name, occupation and date of birth, along with personal identification, for yourself and up to three authorized signatories
Name and occupation of any directors or officers

FAQs

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