Terms & Conditions

1.  BMO eclipse Visa Infinite Privilege applications must be received by February 28, 2026 (the “Offer Period”) to be eligible for this offer. This offer is not available to current or former BMO eclipse Visa Infinite Privilege cardholders who reinstate a closed account or open a new account for the same card during the Offer Period. Existing BMO credit card cardholders who transfer into this product during the Offer Period are not eligible for this offer. This offer may be withdrawn or changed without notice.

$2,550 in value is made up of:

• Up to $1,333: Up to 200,000 bonus reward points (worth up to $1,333 when redeemed for travel related purchases at 150 points = $1)

Earn 80,000 BMO Rewards welcome bonus points 110 days after the credit card account open date when you spend a minimum of $6,000 on net card purchases (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) within the first 110 days of account opening.

Earn an additional 40,000 BMO Rewards bonus points 180 days after the credit card account open date when you spend a minimum of $30,000 on net card purchases within the first 180 days of account opening.

Earn a further 80,000 BMO Rewards bonus points 365 days after the credit card account open date when you spend a minimum of $75,000 on net card purchases within the first 12 months of account opening.

Please allow up to 8 weeks after the conditions for each element of the offer are fulfilled for the bonus points to be credited to your BMO Rewards Account. If the Credit Card is cancelled within 365 days from the date it was opened, all Bonus Rewards earned within that period may be cancelled. To receive Welcome Bonus Points, your credit card account must be open and in good standing.

Both eligible travel and non-travel purchases can be redeemed up to 90 days after the purchase date. To be eligible for the travel redemption rate of 150 points per $1 value, travel purchases must be made at merchants that are classified as airlines, car rental agencies, hotels/resorts, vacation packages, cruise lines, eligible vacation rentals, passenger railways, timeshares, travel agencies and tour operators. For all other non-travel purchases, you can redeem at a rate of 200 points per $1 value.

Please refer to the Pay with Points section of bmorewards.com for extended Terms and Conditions.

Up to $360: Visa Airport Companion Program Membership & 6 Lounge Accesses:

Includes a complimentary membership to participating lounges within the Visa Airport Companion Program (“Program”), hosted and managed by DragonPass International Ltd. (approximate membership value of US$68 = $94 CAD based on exchange rate of 1.38 September 18, 2025)

Receive six complimentary lounge visits each calendar year. Passes can be used by you as the primary cardholder or for a travelling companion (approximate lounge passes value of US$192 = $265 CAD based on exchange rate of 1.38 September 18, 2025)

BMO eclipse Visa Infinite Privilege Card cardholders have access to participating lounges within the Visa Airport Companion Program (“Program”), hosted and managed by DragonPass International Ltd. Both primary and secondary cardholders must enroll for this benefit separately, either through the Visa Airport Companion App (available to download for free) or on the Program Website (visaairportcompanion.ca) using a valid Canadian issued Visa Infinite Privilege Card. The complimentary visits can be used by the Cardholder for themselves and for their accompanying guests at participating lounges. All additional visits beyond the complimentary visits are subject to a fee of $32 USD (subject to change) per person per visit. Applicable lounge access charges will be billed to the Visa Infinite Privilege Card connected to the Cardholders’ Program membership. Unless suspended or cancelled, the Program membership and any included complimentary lounge visits (if applicable) will automatically renew annually on the anniversary date (e.g. when the Cardholder enrolled for the Program). To view a full list of participating airport lounges, their facilities, opening times and restrictions Cardholders can visit the Program App and Website for more information. Cardholders who participate in the Program are subject to the DragonPass Terms of Use, Terms of Service and Privacy Policy and Visa’s Privacy Notice. To view the full Terms and Conditions for the Program, please visit the Program App or Website. The Program services and benefits are provided by DragonPass and applicable third party offer providers and neither Visa nor BMO is responsible for any claims or damages arising from participation in the Program.

Up to $200: NEXUS Statement Credit

Receive one statement credit up to a maximum of $200 CAD when NEXUS Application Fee is charged and posted in the first year on your Primary card regardless of NEXUS Application status. To be eligible for the NEXUS Statement Credit, the Primary Account must be in good standing at the time of the NEXUS program membership application fee is charged and posted. BMO has no control over the NEXUS program and terms and conditions are defined by NEXUS Program

$200: Statement Credit

Primary Cardholder will be eligible to receive a $200 statement credit each year (annual period starts on the account anniversary date of account opening at your annual fee renewal). The Account will be credited within two statement cycles after a purchase that is equal to or greater than the total amount of the statement credit on the Account is made, provided the Account is open and in good standing at the time of payout. Only one $200.00 credit is awarded per Account, per year. If you transfer your Account into a different product or back into an eligible product within the same annual period, or if you cancel and reapply for an eligible product within the same annual period, you will not be entitled to a subsequent $200 credit that annual period.

$250: Annual Fee Rebate

The primary cardholder $599 annual fee will be refunded $150 every year that you are a Private Banking client in a Platinum Banking Plan. Each additional cardholder will be refunded $99 every year if they are added at the time of primary cardholder’s application and that you are a Private Banking client in a Platinum Banking Plan.

Potential $233: 25% Bonus Points Earn Rate

By adding a supplementary card to the account, you will receive a 25% bonus points earn rate to your existing card accelerator. This benefit will be available for transactions made both by the primary customer and its authorized user(s). Potential $233 (35,100 BMO Rewards Points) earned on everyday purchases based on first year average spend per account

2. The accelerated earn rate is 5 BMO Rewards points (as applicable) per $1 charged to the Account for purchases made in Canada at merchant locations classified as travel, grocery, dining, drugstore and gas. Purchases must be made at merchants classified through the Visa network with a Merchant Category Code (“MCC”) that identifies them in the “air fare”, “hotel”, “car rental”, “grocery”, “dining”, “drugstore” or “gas” category. The accelerated earn rate applies to the following annual purchase limits for each category, calculated from January 1st to December 31st each year: Dining: First $25,000 in annual purchases, Travel (includes air fare, hotel and car rental): First $25,000 in annual purchases, Grocery: First $20,000 in annual purchases, Gas: First $15,000 in annual purchases, Drugstore: First $15,000 in annual purchases. Once the cardholder exceeds this threshold, the cardholder will continue earning points at the regular earn rate of 1 point per $1 in purchases. BMO Rewards points will not be posted to an Account that is not in good standing when the purchases are made or when a statement is issued, or to an Account that is not open when the statement is issued.

3. The earn rate for purchases at merchants not classified as air fare, hotel, car rental, gas, grocery, drugstore, or dining is 1 BMO Rewards point (as applicable) per $1 charged to the Account. For the accelerated earn rate, transactions made in the following categories won’t be eligible for this service: Money Transfer Agent/Wire Transfers, Financial Institutions-Manual cash disbursements, Financial Institutions- Automated cash disbursements, Non-Financial Institution – Foreign Currency/Quasi-Cash, Dating or Escort Services, Truck Stop Transactions, Government-Owned Lottery (US Only), Government-Licensed On-Line Casinos (On-Line Gambling) – (US Only), Government-Licensed Horse/Dog Racing- (US Only), Betting including lottery, gaming, chips, track wagers, Political Organizations, Religious Organizations, Tax Payments, Merchants that have sale of counterfeit or trademark infringing products or services, Merchants that have sale of adult or mature content products or services.

4. Primary Cardholders will be eligible to receive a $200 statement credit each year (annual period starts on the account anniversary date of account opening at your annual fee renewal). The Account will be credited within two statement cycles after a purchase that is equal to or greater than the total amount of the statement credit on the Account is made, provided the Account is open and in good standing at the time of payout. Only one $200 credit is awarded per Account, per year. If you transfer your Account into a different product or back into an eligible product within the same annual period, or if you cancel and reapply for an eligible product within the same annual period, you will not be entitled to a subsequent $200 credit that annual period. Any additional lifestyle credit of $200 awarded to the Primary Cardholder within the annual period as a result may be subject to claw back. This offer is subject to change.

5. As an introductory feature, primary cardholders that add a supplementary card to their account will receive a 25% bonus earn rate to their existing card accelerator. This benefit will be available for transactions made both by the primary customer and its authorized user(s). The benefit will be present in the account until BMO communicates to the primary cardholder that the benefit will be discontinued. Refer to the following eligibility criteria for supplementary cardholders: Authorized User is at least 13 years of age; Primary account must be activated before authorized user is added; Authorized User must have a Canadian address where they can receive correspondence if required; Authorized User is not being requested in the name of the primary cardholder; Authorized User is not already on the account; Account has less than 9 Authorized Users; Authorized User being added is not in a Business Name. This offer is subject to change.

6. BMO eclipse Visa Infinite Privilege Card cardholders have access to participating lounges within the Visa Airport Companion Program (“Program”), hosted and managed by DragonPass International Ltd. Both primary and secondary cardholders must enroll for this benefit separately, either through the Visa Airport Companion App (available to download for free) or on the Program Website (visaairportcompanion.ca) using a valid Canadian issued Visa Infinite Privilege Card. Membership includes access to participating lounges within the Visa Airport Companion Program – approximate value calculated based on DragonPass Classic membership fee and cost of airport lounge visits. Upon enrollment, 6 complimentary lounge visits will be available for the Cardholder per membership year; the complimentary visits can be used by the Cardholder for themselves and for their accompanying guests at participating lounges. All additional visits beyond the complimentary visits are subject to a fee of $32 USD (subject to change) per person per visit. Applicable lounge access charges will be billed to the Visa Infinite Privilege Card connected to the Cardholders’ Program membership. Unless suspended or cancelled, the Program membership and any included complimentary lounge visits (if applicable) will automatically renew annually on the anniversary date (e.g. when the Cardholder enrolled for the Program). To view a full list of participating airport lounges, their facilities, opening times and restrictions Cardholders can visit the Program App and Website for more information. Cardholders who participate in the Program are subject to the DragonPass Terms of Use, Terms of Service and Privacy Policy and Visa’s Privacy Notice. To view the full Terms and Conditions for the Program, please visit the Program App or Website. The Program services and benefits are provided by DragonPass and applicable third party offer providers and neither Visa nor BMO is responsible for any claims or damages arising from participation in the Program.

7. BMO eclipse Visa Infinite applications must be received by February 28, 2026 (the “Offer Period”) to be eligible for this offer. This offer is not available to current or former BMO eclipse Visa Infinite cardholders who reinstate a closed account or open a new account for the same card during the Offer Period. Existing BMO credit card cardholders who transfer into this product during the Offer Period are not eligible for this offer. This offer may be withdrawn or changed without notice.

$1,250 in value is made up of:

Up to $533: Up to 80,000 bonus reward points (worth up to $533 when redeemed for travel-related purchases at 150 points = $1)

• Earn 40,000 BMO Rewards welcome bonus points 110 days after the credit card account open date when you spend a minimum of $4,000 on net card purchases (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) within the first 110 days of account opening.
• Earn an additional 20,000 BMO Rewards bonus points 180 days after the credit card account open date when you spend a minimum of $7,000 on net card purchases within the first 180 days of account opening.
• Earn a further 20,000 BMO Rewards bonus points 365 days after the credit card account open date when you spend a minimum of $12,000 on net card purchases within the first 12 months of account opening.
• Please allow up to 8 weeks after the conditions for each element of the offer are fulfilled for the bonus points to be credited to your BMO Rewards Account. If the Credit Card is cancelled within 365 days from the date it was opened, all Bonus Rewards earned within that period may be cancelled. To receive Welcome Bonus Points, your credit card account must be open and in good standing.
• Both eligible travel and non-travel purchases can be redeemed up to 90 days after the purchase date. To be eligible for the travel redemption rate of 150 points per $1 value, travel purchases must be made at merchants that are classified as airlines, car rental agencies, hotels/resorts, vacation packages, cruise lines, eligible vacation rentals, passenger railways, timeshares, travel agencies and tour operators. For all other non-travel purchases, you can redeem at a rate of 200 points per $1 value.
• Please refer to the Pay with Points section of bmorewards.com for extended Terms and Conditions.

Up to $240: Monthly Streaming Subscription Statement Credits

• Primary Cardholders will be eligible to receive up to $20 streaming subscription statement credit each month on purchases classified with a Merchant Category Code (“MCC”) MCC 4899 (Cable and Other Pay Television services), MCC 5815 (Digital Goods Media) and MCC 5818 (Large digital merchants) when you spend a minimum of $500 on net card purchases each month. Monthly Streaming Subscription Statement Credits are subject to change and may be withdrawn without notice.

$170: Annual Fee Waiver Offer

• The Primary Cardholder $120 annual fee will be refunded every year that you are a Private Banking client in a Platinum Banking Plan.
• Each Additional Card annual fee of $50 will also be refunded every year if they are added at the time of primary cardholder’s application and that you are a Private Banking client in a Platinum Banking Plan.

$50: Statement Credit

• Primary Cardholders will be eligible to receive a $50 statement credit each year (annual period starts on the account anniversary date of account opening at your annual fee renewal). The Account will be credited within two statement cycles after making a purchase that is equal to or greater than the total amount of the statement credit on the Account, provided the Account is open and in good standing at the time of payout. This offer is subject to change. Primary Cardholders are limited to a maximum of one $50 credit within the annual period. If you transfer your Account into a different product and back into an eligible product within the same annual period, or if you cancel and reapply for an eligible product within the same annual period, you will not be entitled to a subsequent $50 credit in that annual period. Any additional lifestyle credit of $50 awarded to the Primary Cardholder within the annual period as a result may be subject to claw back.

Potential $280: First year potential BMO Rewards points

Potential $280 (42,000 BMO Rewards Points) earned on everyday purchases based on first year average spend per account.

8. The accelerated earn rate is 5 BMO Rewards points (as applicable) per $1 charged to the Account for purchases made in Canada at merchant locations classified as gas, grocery, transit, and dining. Purchases must be made at merchants classified through the Visa network with a Merchant Category Code (“MCC”) that identifies them in the “gas”, “grocery”, “dining”, or “transit” category. The accelerated earn rate applies to the following annual purchase limits for each category, calculated from January 1st to December 31st each year: Dining: First $6,000 in annual purchases, Grocery: First $6,000 in annual purchases, Gas: First $20,000 in annual purchases, Transit: First $20,000 in annual purchases. Once the combined cardholder spend exceeds this threshold, they will continue earning points at the regular earn rate of 1 point per $1 in purchases. BMO Rewards points will be posted to the primary cardholder’s account, provided the Account is open and in good standing when the purchases are made and when the statement is issued.

9. The earn rate for purchases at merchants not classified as gas, grocery, transit, or dining is 1 BMO Rewards point (as applicable) per $1 charged to the Account. For the accelerated earn rate, transactions made in the following categories won’t be eligible for this service: Money Transfer Agent/Wire Transfers, Financial Institutions-Manual cash disbursements, Financial Institutions- Automated cash disbursements, Non-Financial Institution – Foreign Currency/Quasi-Cash, Dating or Escort Services, Truck Stop Transactions, Government-Owned Lottery (US Only), Government-Licensed On-Line Casinos (On-Line Gambling) – (US Only), Government-Licensed Horse/Dog Racing- (US Only), Betting including lottery, gaming, chips, track wagers, Political Organizations, Religious Organizations, Tax Payments, Merchants that have sale of counterfeit or trademark infringing products or services, Merchants that have sale of adult or mature content products or services.

10. Primary Cardholders will be eligible to receive a $50 statement credit each year (annual period starts on the account anniversary date of account opening at your annual fee renewal). The Account will be credited within two statement cycles after making a purchase that is equal to or greater than the total amount of the statement credit on the Account, provided the Account is open and in good standing at the time of payout. Primary Cardholders are limited to a maximum of one $50 credit within the annual period. If you transfer your Account into a different product and back into an eligible product within the same annual period, or if you cancel and reapply for an eligible product within the same annual period, you will not be entitled to a subsequent $50 credit in that annual period. Any additional lifestyle credit of $50 awarded to the Primary Cardholder within the annual period as a result may be subject to claw back. This offer is subject to change.

11. As an introductory feature, primary cardholders that add a supplementary card to their account will receive a 10% bonus earn rate to their existing card accelerator. This benefit will be available for transactions made both by the primary cardholder and its authorized user(s). Refer to the following eligibility criteria for supplementary cardholders: Authorized User is at least 13 years of age; primary account must be activated before Authorized User is added; Authorized User must have a Canadian address where they can receive correspondence if required; Authorized User is not being requested in the name of the primary cardholder; Authorized User is not already on the account; account has less than 9 Authorized Users; Authorized User being added is not in a Business Name. This offer is subject to change.

13. A. You will earn 5 BMO Rewards points for every $1 spent on eligible travel purchases, up to $15,000 annually per BMO Rewards collector account (resets January 1st of each calendar year). The 5 BMO Rewards points includes the base earn rate of 1 BMO Rewards point for every $1 spent on card purchases (“Base Rewards”) and the bonus of 4 BMO Rewards points for every $1 spent on eligible travel purchases (“Bonus Rewards”). To earn Bonus Rewards, your purchases must be made at merchants that are classified in the Mastercard network as: airlines, car rental agencies, hotels/resorts, cruise lines, passenger railways, tour operators, timeshares, and travel agencies (“Applicable Merchants”). If you exceed $15,000 in combined annual purchases, you will continue to earn the Base Rewards. You will earn 3 BMO Rewards points for every $1 spent on eligible dining and entertainment purchases, as well as recurring bill payments, up to $10,000 annually for each spend category, per BMO Rewards collector account (resets January 1st of each calendar year). The 3 BMO Rewards points includes the base earn rate of 1 BMO Rewards point for every $1 spent on card purchases (“Base Rewards”) and the bonus of 2 BMO Rewards points for every $1 spent on eligible dining and entertainment purchases and recurring bill payments (“Bonus Rewards”). To earn Bonus Rewards, your purchases must be made at merchants that are classified in the Mastercard network as: dining: eating places, restaurants, drinking places, fast food restaurants and entertainment including motion picture theatres, theatrical producers, ticket agencies, bands, orchestras and miscellaneous entertainers, tourist attractions and exhibits, amusement parks, carnivals, circuses, aquariums, dolphinariums, zoos and seaquariums (“Applicable Merchants”). Recurring bill payments are defined as payments made on a monthly or regular basis, and which are automatically billed by the merchant to your BMO Ascend World Elite Mastercard. Not all merchants offer recurring payments, and not all ongoing payments will be considered “recurring bill payments” and therefore may not earn Bonus Rewards. Please check with your merchant to see if your recurring payment qualifies. If you exceed $10,000 in annual purchases for each spend category, you will continue to earn the Base Rewards. You will not earn the bonus BMO Rewards points on recurring bill payments that are also eligible travel, dining, or entertainment purchases. Some merchants may sell the same or similar products/services as the Applicable Merchants or are separate merchants who are located on the premises of the Applicable Merchants, but are classified by Mastercard in another manner (“Other Merchants”). You will only earn Base Rewards for purchases made at Other Merchants.

B. Subject to the BMO Rewards Terms and Conditions, BMO Rewards points are calculated based on purchases of goods or services charged to the BMO Ascend World Elite Mastercard or the BMO Rewards Mastercard account, less any refunds or adjustments, rounded down to the nearest whole point. Cash advances (including purchases of foreign currency or travellers cheques), interest charges, fees, credit or debit adjustments and any amount other than purchases that may be charged to the account with the card, do not qualify for points. Bank of Montreal may establish other qualifying and non-qualifying transactions from time to time.

14. A. Mastercard Travel Pass provided by DragonPass is a worldwide program run by DragonPass International Ltd. This benefit will be available to all cardholders of a BMO Ascend World Elite Mastercard (“eligible cardholders”). Eligible cardholders are required to comply with the Conditions of Use available online at mastercardtravelpass.dragonpass.com or on the Mastercard Travel Pass mobile application, as well as any additional terms and conditions applicable to the lounge or offer being used by the eligible cardholder. The Conditions of Use are subject to change from time to time without notice to Issuer or the eligible cardholders. Eligible cardholders wishing to access a participating lounge must present their Mastercard Travel Pass mobile app or membership document showing the QR code and DragonPass membership number (this may be obtained by the eligible cardholder by registering an account at mastercardtravelpass.dragonpass.com or downloading the Mastercard Travel Pass application from the app store) to the lounge receptionist and reference “Mastercard Travel Pass provided by DragonPass.” Value and benefits of the Mastercard Travel Pass complimentary membership are subject to change without notice. Use the four complimentary passes for yourself as the primary cardholder or to cover the cost of the lounge visit of your travelling companion. To identify the primary cardholder on your account, please check the name on your monthly statement. After using four passes, you and your travelling companion can continue to enjoy lounge access for a fee of just US$32 per person, per visit. For a complete list of open and eligible lounges, please visit mastercardtravelpass.dragonpass.com.

B. Mastercard Travel Pass benefit includes membership to participating lounges within the Mastercard Travel Pass provided by DragonPass program – approximate membership value of US$68. Enjoy lounge access for a fee of just US$32 per person, per visit. Mastercard Travel Pass provided by DragonPass is a worldwide program run by DragonPass International Ltd. This benefit will be available to all cardholders of a BMO AIR MILES World Mastercard, BMO Cashback World Mastercard, BMO AIR MILES World Elite Mastercard or BMO Cashback World Elite Mastercard (all “eligible cardholders”). Eligible cardholders are required to comply with the Conditions of Use available online at mastercardtravelpass.dragonpass.com or on the Mastercard Travel Pass mobile application, as well as any additional terms and conditions applicable to the lounge or offer being used by the eligible cardholder. The Conditions of Use are subject to change from time to time without notice to Issuer or the eligible cardholders. Eligible cardholders wishing to access a participating lounge must present their Mastercard Travel Pass mobile app or membership document showing the QR code and DragonPass membership number (this may be obtained by the eligible cardholder by registering an account at mastercardtravelpass.dragonpass.com or downloading the Mastercard Travel Pass application from the app store) to the lounge receptionist and reference “Mastercard Travel Pass provided by DragonPass.” Some offers may be subject to a per-person, per-visit charge. Where applicable and dependent upon the offer, access charges, including those for an accompanying guest, may be charged to your credit card. Value and benefits of the Mastercard Travel Pass complimentary membership are subject to change without notice.

C. Cardholders must enroll for this benefit, either through the Mastercard Travel Pass App (available to download for free) or on the Program Website (mastercardtravelpass.dragonpass.com) using a valid Canadian issued BMO World or World Elite Mastercard.

15. Insurance benefits are subject to specific terms and conditions, including limitations, exclusions and other important information contained in the Certificate of Insurance that is sent to new cardholders. Insurance coverages are provided by CUMIS General Insurance Company, a member of The Co-operators group of companies and administered by Allianz Global Assistance. Allianz Global Assistance is a registered business name of AZGA Service Canada Inc. and AZGA Insurance Agency Canada Ltd. For questions contact Allianz Global Assistance Canada at 1-877-704-0341 or visit www.allianz-assistance.ca.

CUMIS General Insurance Company
P.O. Box 5065,
151 North Service Road
Burlington, Ontario L7R 4C2
Canada
1-800-263-9120
www.cumis.com

16. BMO AIR MILES World Elite Mastercard applications must be received by February 28, 2026 (the “Offer Period”) to be eligible for the AIR MILES Bonus Miles and Annual Fee Refund offers (each an “Offer” and collectively the “Offers”). Bonus Offers are limited to new accounts. Existing BMO AIR MILES World Elite Mastercard customers who cancel their card during the Offer Period, and existing BMO credit card cardholders who transfer into this product during the Offer Period are not eligible for the Offers.​$1,100 in value is made up of:

a) Up to 8,000 AIR MILES Bonus Miles (up to $840 in value with Cash Miles)

Eligible approved applicants will receive:

1. A bonus of 3,000 Bonus Miles will be applied to the primary Credit Cardholder’s Collector Account 110 days after the credit card account open after you spend a minimum of $4,500 (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) within the first 110 days after the account open date.
2. A further bonus of an additional 2,000 Bonus Miles will be applied to the primary Credit Cardholder’s Collector 180 days after the account open date when you spend a minimum of $10,000 (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) within the first 180 days after the account open date.
3. An additional bonus of 3,000 Bonus Miles will be applied the primary Credit Cardholder’s Collector 365 days after the account open date when you spend $20,000 (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) within the first 365 days after the account open date.
4. All Bonus Miles are credited in accordance with the set balance preference (between AIR MILES Cash and AIR MILES Dream balances) at the time of posting. The AIR MILES Bonus Miles Offer is subject to the AIR MILES Reward Program Terms and Conditions. Limit of one AIR MILES Bonus Miles Welcome Offer per Collector Number

Please allow up to 8 weeks after the conditions for each element of the offer are fulfilled for the Bonus Miles to be credited to your AIR MILES primary Credit Cardholder’s Collector Account provided the account is open and in good standing. If the Credit Card is cancelled within 365 days from the date it was opened, all Bonus Miles earned within that period may be cancelled.

b) Annual Fee Offer ($120 in value): The primary cardholder $120 annual fee will be refunded every year that you are a Private Banking client in a Platinum Banking Plan. Each additional cardholder will be refunded $50 every year. ​

c) Exclusive 25% Flight Booking Discount (up to a value of $75 in Cash Miles): If you have the BMO AIR MILES World Elite Mastercard, once per calendar year when you redeem Reward Miles for any flight booking, you will receive a 25% discount on the number of AIR MILES Reward Miles that are usually required (to a maximum of 750 Reward Miles) when you book through airmiles.ca or by calling 1-888-247-6453. The flight booking discount applies to the full flight booking and will be distributed equally on each ticket included in the booking, to a maximum of 750 Miles total. For example, if your booking included three 1,500 Miles flights totaling 4,500 Miles, then each flight would receive a 250 Miles discount, and you’d be required to redeem 3,750 Miles for the booking. Any portion of the maximum 750 allocated discounted Miles unused in the one eligible flight booking transaction will be forfeited. You can choose when to apply the discount – for example, on your first flight booking in the calendar year; or save it to apply on another flight booking later in the year – but it can only be used once per calendar year with no carry-overs allowed to the following year. For greater clarification, the 25% flight booking discount resets every calendar year and cannot be accumulated over the years. This benefit can only be reset for the collector to use in the same calendar year if the original booking where the benefit was used is cancelled under all of the following conditions: (i) the booking was cancelled in full (not for partial cancellations; i.e., one ticket), (ii) the cancellation happens within the same year of booking, and (iii) the airline issues a full refund for the booking. This benefit does not apply to Cash + Miles rewards. There are no blackout periods for flight redemptions. This benefit does not apply to the cash portion of the flight redemption (such as airport improvement fees and booking fees) or to the flight component of package vacations and cruises. This benefit cannot be combined with any other offer. Flight rewards offered are subject to the terms and conditions of the AIR MILES Reward Program, are subject to change, and may be withdrawn without notice. To use your Miles for flight rewards, you must have accumulated sufficient Dream Miles in your collector account. Some restrictions apply. Collectors must pay applicable surcharges, fees and taxes on flight rewards. Flight rewards may be subject to a minimum advance booking and availability from participating airlines. Changes, cancellations and refunds to flight tickets will follow the fare rules of the booking airline and may be subject to additional fees. For complete details, see current Program Terms and Conditions available at airmiles.ca. ​

d) Mastercard Travel Pass benefit (Value of US $68 = $95 CAD based on exchange rate of 1.40 December 5, 2024): includes membership to participating lounges within the Mastercard Travel Pass provided by DragonPass program – approximate membership value of US$68. Enjoy lounge access for a fee of just US$32 per person, per visit. Mastercard Travel Pass provided by DragonPass is a worldwide program run by DragonPass International Ltd. This benefit will be available to all cardholders of a BMO AIR MILES World Mastercard, BMO Cashback World Mastercard, BMO AIR MILES World Elite Mastercard or BMO Cashback World Elite Mastercard (all “eligible cardholders”). Eligible cardholders are required to comply with the Conditions of Use available online at mastercardtravelpass.dragonpass.com or on the Mastercard Travel Pass mobile application, as well as any additional terms and conditions applicable to the lounge or offer being used by the eligible cardholder. The Conditions of Use are subject to change from time to time without notice to Issuer or the eligible cardholders. Eligible cardholders wishing to access a participating lounge must present their Mastercard Travel Pass mobile app or membership document showing the QR code and DragonPass membership number (this may be obtained by the eligible cardholder by registering an account at mastercardtravelpass.dragonpass.com or downloading the Mastercard Travel Pass application from the app store) to the lounge receptionist and reference “Mastercard Travel Pass provided by DragonPass.” Some offers may be subject to a per-person, per-visit charge. Where applicable and dependent upon the offer, access charges, including those for an accompanying guest, may be charged to your credit card. Value and benefits of the Mastercard Travel Pass complimentary membership are subject to change without notice.​​

Cardholders must enroll for this benefit, either through the Mastercard Travel Pass App (available to download for free) or on the Program Website (mastercardtravelpass.dragonpass.com) using a valid Canadian issued BMO World or World Elite Mastercard.

17. Offer is cumulative over the statement period. Award of Miles is made for purchases charged to your account (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) and is subject to the AIR MILES Terms and Conditions and the BMO Mastercard Cardholder Agreement. The number of Miles will be rounded down to the nearest whole number. Fractions of Miles will not be awarded.

18. Exclusive 25% Flight Booking Discount: If you have the BMO AIR MILES World Elite Mastercard, once per calendar year when you redeem Reward Miles for any flight booking, you will receive a 25% discount on the number of AIR MILES Reward Miles that are usually required (to a maximum of 750 Reward Miles) when you book through airmiles.ca or by calling 1-888-247-6453. The flight booking discount applies to the full flight booking and will be distributed equally on each ticket included in the booking, to a maximum of 750 Miles total. For example, if your booking included three 1,500 Miles flights totalling 4,500 Miles, then each flight would receive a 250 Miles discount, and you’d be required to redeem 3,750 Miles for the booking. Any portion of the maximum 750 allocated discounted Miles unused in the one eligible flight booking transaction will be forfeited. You can choose when to apply the discount – for example, on your first flight booking in the calendar year; or save it to apply on another flight booking later in the year – but it can only be used once per calendar year with no carry-overs allowed to the following year. For greater clarification, the 25% flight booking discount resets every calendar year and cannot be accumulated over the years. This benefit can only be reset for the collector to use in the same calendar year if the original booking where the benefit was used is cancelled under all of the following conditions: (i) the booking was cancelled in full (not for partial cancellations; i.e., one ticket), (ii) the cancellation happens within the same year of booking, and (iii) the airline issues a full refund for the booking. This benefit does not apply to Cash + Miles rewards. There are no blackout periods for flight redemptions. This benefit does not apply to the cash portion of the flight redemption (such as airport improvement fees and booking fees) or to the flight component of package vacations and cruises. This benefit cannot be combined with any other offer. Flight rewards offered are subject to the terms and conditions of the AIR MILES Reward Program, are subject to change, and may be withdrawn without notice. To use your Miles for flight rewards, you must have accumulated sufficient Dream Miles in your collector account. Some restrictions apply. Collectors must pay applicable surcharges, fees and taxes on flight rewards. Flight rewards may be subject to a minimum advance booking and availability from participating airlines. Changes, cancellations and refunds to flight tickets will follow the fare rules of the booking airline and may be subject to additional fees. For complete details, see current Program Terms and Conditions available at airmiles.ca.

19. BMO CashBack World Elite Mastercard applications must be received by February 28, 2026, to be eligible for this offer. This bonus offer is limited to new BMO CashBack World Elite Mastercard accounts and will not be awarded to current or former cardholders who reinstate a closed account, product transfer, or who open a new account for the same card during the Offer Period. Limit of one bonus offer per account. If you cancel your card within ninety (90) days from the date your account is opened, all CashBack rewards earned within that period will be cancelled. This offer may be withdrawn or changed without notice.

$700 in value is made up of:

Up to $480 Welcome Offer Cash Back

• Receive $40 cash back bonus each month when you spend a minimum of $2,000 on net card purchases (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) per billing cycle in the first twelve (12) billing cycles after the account open date. 

$170: Annual Fee Waiver

• The Primary Cardholder $120 annual fee will be refunded every year that you are a Private Banking client in a Platinum Banking Plan.
• Each Additional Card annual fee of $50 will also be refunded every year if they are added at the time of primary cardholder’s application and that you are a Private Banking client in a Platinum Banking Plan.

$69: Roadside Assistance

• With the BMO CashBack World Mastercard and BMO CashBack World Elite Mastercard, you will receive a complimentary membership in the Dominion Automobile Association (DAA) and the benefits of their BMO Roadside Assistance Program (Basic Coverage). Membership terms and plan features are described in the Certificate you will receive.
• DAA requires that BMO provide any information reasonably required solely for the purpose of confirming that you are covered by the Program.

20. Offer is cumulative over the statement period. Award of CashBack rewards is made for purchases charged to your account (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) and is subject to the CashBack Rewards Terms and Conditions and the BMO Mastercard Cardholder Agreement. The number of CashBack rewards will be rounded down to the nearest cent.

21. With the BMO CashBack World Elite Mastercard, you will receive a free membership in the Dominion Automobile Association (DAA) and the benefits of their BMO Roadside Assistance Program (Basic Coverage). Membership terms and the features of the plan are described in the Certificate you will receive. DAA requires that BMO provide any information reasonably required solely for the purpose of confirming that you are covered by the Program.

22. Ongoing interest rates, interest-free grace period, annual fees and all other applicable fees are subject to change. Cash advances include balance transfers, cash-like transactions and Mastercard cheques. Visit your branch; or, for Mastercard products call the Customer Contact Centre at 1-800-263-2263, for the BMO eclipse Visa Infinite* Card call 1-833-256-7136, for the BMO eclipse Visa Infinite Privilege* Card call 1-833-265-7137 or visit bmo.com/rates-fees for current rates and fees.

23. The primary cardholder $599 annual fee will be refunded $150 every year that you are a Private Banking client in a Platinum Banking Plan. Each additional cardholder will be refunded $99 every year.

24. The primary cardholder $120 annual fee will be refunded every year that you are a Private Banking client in a Platinum Banking Plan. Each additional cardholder will be refunded $50 every year.

25. The primary cardholder $150 annual fee will be refunded every year that you are a Private Banking client in a Platinum Banking Plan. Each additional cardholder will be refunded $50 every year.

26. 3x the Miles: BMO AIR MILES World Elite Mastercard cardholders will get 3 AIR MILES Reward Miles for every $12 in purchases at participating AIR MILES Partners. Participating AIR MILES Partners may be added or removed at any time without notice, visit airmiles.ca/BMOpartners for Partner details. Miles will be calculated on the total eligible cumulative purchases made at all participating AIR MILES Partners and credited to your account within 90 days after the end of the applicable statement period. The number of Miles awarded will be rounded down to the nearest whole number. Fractions of Miles will not be awarded. Eligible purchases are purchases charged to your credit card account (less refunds and excluding cash advances, cash-like transactions, interest charges, fees and credit or debit adjustments). The “3x the Miles” benefit is available on eligible purchases and may be withdrawn or changed at any time without notice.

27. Earn 5% cash back on the first $500 you spend on grocery purchases made at merchant locations in Canada per statement cycle period and 1% unlimited cash back thereafter. The 5% cash back includes the base earn rate of 1% cash back for card purchases (“Base Rewards”) and the bonus of 4% cash back for grocery purchases (“Bonus Rewards”). To earn Bonus Rewards, grocery purchases must be made at merchant locations in Canada classified by Mastercard's "Merchant Category Code" as "grocery stores and supermarkets" (MCC 5411). In no event will BMO (“Bank of Montreal”) be liable or responsible for any claims with respect to a grocery purchase made to a merchant that is not classified by MCC 5411.

28. Earn 4% cash back on the first $300 you spend on ground transportation purchases made at merchant locations in Canada per statement cycle period and 1% unlimited cash back thereafter. The 4% cash back includes the base earn rate of 1% cash back for card purchases (“Base Rewards”) and the bonus of 3% cash back for ground transportation purchases (“Bonus Rewards”). To earn Bonus Rewards, ground transportation purchases must be made through merchant locations in Canada classified by Mastercard's "Merchant Category Code" as "Transportation – Suburban and Local Commuter Passenger including Ferries" (MCC 4111), “Passenger Railways” (MCC 4112), “Taxicabs and Limousines” (MCC 4121), “Bus Lines” (MCC 4131) or “Transportation Services not elsewhere classified” (MCC 4789). In no event will BMO (“Bank of Montreal”) be liable or responsible for any claims with respect to a ground transportation purchase made to a merchant that is not classified by MCC 4111, MCC 4112, MCC 4121, MCC 4131 or MCC 4789.

29. Earn 3% cash back on the first $300 you spend on automobile and vehicle fuel purchases made at merchant locations in Canada per statement cycle period and 1% unlimited cash back thereafter. The 3% cash back includes the base earn rate of 1% cash back for card purchases (“Base Rewards”) and the bonus of 2% cash back for automobile and vehicle fuel purchases (“Bonus Rewards”). To earn Bonus Rewards, automobile and vehicle fuel purchases must be made through merchant locations in Canada classified by Mastercard's "Merchant Category Code" as "Service Stations" (MCC 5541), “Automated Fuel Dispenser” (MCC 5542) or “Electric Vehicle Charging” (MCC 5552). In no event will BMO(“Bank of Montreal”) be liable or responsible for any claims with respect to an automobile and vehicle fuel purchase made at a merchant that is not classified by MCC 5541, MCC 5542 or MCC 5552.

30. Earn 2% cash back on the first $500 you spend in recurring bill payments made at merchant locations in Canada per statement cycle period and 1% unlimited cash back thereafter. The 2% cash back includes the base earn rate of 1% cash back for card purchases (“Base Rewards”) and the bonus of 1% cash back for recurring bill payments made at merchant locations in Canada (“Bonus Rewards”). Recurring bill payments are defined as payments on a monthly or regular basis, and which are automatically billed by the merchant to your BMO CashBack World Elite Mastercard. Not all merchants offer recurring payments, and not all ongoing payments will be considered “recurring bill payments” and therefore may not earn Bonus Rewards. Please check with your merchant to see if your recurring payment qualifies. You will not earn the 1% bonus cash back on Recurring Bill Payments that are also eligible grocery, transit or gas and electric vehicle charging purchases as classified by Mastercard’s “Merchant Category Code” and are subject to the bonus capping rules of eligible grocery, transit or gas and electric vehicle charging purchases.

31. Eligible approved cardholders will receive benefits including up to 80,000 VIPorter points, a round-trip companion pass, $1,000 in Qualifying Spend and the waiver of certain annual fees, subject to the terms and conditions below (the “Offer”).​Applications for the BMO VIPorter World Elite Mastercard must be received by Febryary 28, 2026 (the “Offer Period”) to be eligible for this offer. This offer is not available to current or former cardholders who reinstate a closed account or open a new account for the same card during the Offer Period. Existing BMO credit card cardholders who transfer into this product during the Offer Period are not eligible for this Offer. If you cancel your card within ninety (90) days of account opening, the welcome bonus will be cancelled. This Offer may be withdrawn or changed without notice.​

Up to 80,000 VIPorter Points

Eligible approved applicants will receive:​

a) A bonus of 20,000 VIPorter points will be applied to your VIPorter account 110 days after the credit card account open after you spend a minimum of $5,000 (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) within the first 110 days after the account open date.​ ​

b) A further bonus of an additional 30,000 VIPorter points will be applied to your VIPorter account 180 days after the account open when you spend a minimum of $9,000 (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) within the first 180 days after the account open date.​

c) An additional bonus of 30,000 VIPorter points will be applied to your VIPorter account 365 days after the account open when you spend $18,000 (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) within the first 365 days after the account open date.​ ​

Please allow up to 8 weeks after the conditions for each element of the offer are fulfilled for the bonus points to be credited to your VIPorter account.

​Companion Pass​​

Primary cardholders will receive one companion pass after spending a minimum of $9,000 (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) within the first 180 days after the account open date. The companion pass will be available 4-6 weeks after the spend requirement has been met.​The companion pass allows a companion to accompany the primary cardholder at no extra base airfare cost, but does not apply to taxes, fees, charges and surcharges, which must be paid at the time of booking. The companion pass may only be used:​

a) on flights operated by Porter Airlines (Canada) Limited and Porter Airlines Inc.;​

b) if the additional passenger travelling with you is on the same itinerary; and​

c) at the time of purchase.​

Companion passes cannot be:​​​

a) applied to existing reservations; nor​

b) used for bookings for more than two passengers.​

Maximum of one companion pass can be applied per booking. If one-way travel is booked, the companion pass will be deemed fully used and the return portion of travel will be forfeited. Valid for travel at any time with no blackout periods. Also valid against the purchase of fares on sale.​The companion pass is valid for 12 months from the date issued. The booking must be made before the pass expiry date, but travel may occur after the companion pass expiry date subject to flight schedule availability at the time of booking. Unused companion passes will automatically be cancelled on the date the card account is cancelled, regardless of reason for cancellation, or if the card account is changed to a different product.​

$1,000 in Qualifying Spend​​​​

Have $1,000 in Qualifying Spend credited to your VIPorter account to help you reach the next VIPorter Avid Traveller membership level when you spend a minimum of $9,000 (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) on your VIPorter World Elite Mastercard within the first 180 days after the account open date. Please allow 4-6 weeks after being earned (meaning the minimum spend requirement was met and 180 days have passed) for the Qualifying Spend to be credited to your VIPorter account. One offer is available per cardholder in their first year and cannot be combined.​Your Qualifying Spend is calculated by taking the sum of your purchases (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) on your monthly statement, dividing that amount by twenty-five (25) and rounding up to the nearest whole number. To receive Qualifying Spend, your credit card account must be open and in good standing. VIPorter Avid Traveller membership levels are recalculated at the end of each calendar year based on your Qualifying Spend during that year. The $1000 in Qualifying Spend will contribute to your overall Qualifying Spend of that calendar year and will contribute to your VIPorter Avid Traveller progression at the time it is awarded. This additional $1000 in Qualifying Spend is eligible for Head Start.​This benefit has no monetary or other exchange value and cannot be sold or transferred. Porter Airlines reserves the right to change or withdraw the benefit at any time.​

Annual fee waiver

​​​​​The primary cardholder annual fee of $199 will be rebated in the first year and will appear as a fee and a credit on the primary cardholder’s first statement. After the first year, the annual fee will appear on your Credit Card statement twelve (12) months after the Credit Card open date.​

32. A. You will earn 3 VIPorter points for every $1 spent on eligible Porter purchases, up to $20,000 annually in net Porter Airlines spend per BMO VIPorter World Elite Mastercard account (resets January 1st of each calendar year). The 2 VIPorter points includes the base earn rate of 1 VIPorter point for every $1 spent on card purchases (“Base Points”) and the bonus of 2 VIPorter points for every $1 spent on eligible Porter purchases (“Bonus Points”). To earn Bonus Points, your purchases must be made directly with Porter Airlines, via flyporter.com, through the Porter Airlines call center, completed in-person at a Porter customer service counter at the airport or on board a Porter flight. If you exceed $20,000 in combined annual purchases, you will continue to earn the Base Points.​ ​You will earn 2 VIPorter point for every $1 spent on eligible gas and transportation purchases, up to $5,000 annually in net gas and transportation spend per BMO VIPorter World Elite Mastercard account (resets January 1st of each calendar year). The 2 VIPorter point includes the base earn rate of 1 VIPorter point for every $1 spent on card purchases (“Base Points”) and the bonus of 1 VIPorter point for every $1 spent on eligible gas and transportation purchases (“Bonus Points”). To earn Bonus Points, your purchases must be made at merchants that are classified by the Mastercard network as gas and transportation, such as service stations, bus lines, car rentals and more. If you exceed $5,000 in combined annual purchases, you will continue to earn the Base Points. Some merchants may sell the same or similar products/services as the Applicable Merchants or are separate merchants who are located on the premises of the Applicable Merchants, but are classified by Mastercard in another manner (“Other Merchants”). You will only earn Base Rewards for purchases made at Other Merchants.​You will earn 2 VIPorter point for every $1 spent on eligible dining and grocery purchases, up to $10,000 annually in net dining and grocery spend, per BMO VIPorter World Elite Mastercard account (resets January 1st of each calendar year). The 2 VIPorter point includes the base earn rate of 1 VIPorter point for every $1 spent on card purchases (“Base Points”) and the bonus of 1 VIPorter point for every $1 spent on eligible dining and grocery purchases (“Bonus Points”). To earn Bonus Points, your purchases must be made at merchants that are classified by the Mastercard network as dining and groceries. If you exceed $10,000 in combined annual purchases, you will continue to earn the Base Points. Some merchants may sell the same or similar products/services as the Applicable Merchants or are separate merchants who are located on the premises of the Applicable Merchants, but are classified by Mastercard in another manner (“Other Merchants”). You will only earn Base Rewards for purchases made at Other Merchants.​You will earn 2 VIPorter point for every $1 spent on eligible hotel purchases, up to $5,000 annually in net hotel spend, per BMO VIPorter World Elite Mastercard account (resets January 1st of each calendar year). The 2 VIPorter point includes the base earn rate of 1 VIPorter point for every $1 spent on card purchases (“Base Points”) and the bonus of 1 VIPorter point for every $1 spent on eligible hotel purchases (“Bonus Points”). To earn Bonus Points, your purchases must be made at merchants that are classified by the Mastercard network as hotels. If you exceed $5,000 in combined annual purchases, you will continue to earn the Base Points. Some merchants may sell the same or similar products/services as the Applicable Merchants or are separate merchants who are located on the premises of the Applicable Merchants, but are classified by Mastercard in another manner (“Other Merchants”). You will only earn Base Rewards for purchases made at Other Merchants.​

B. Subject to the BMO VIPorter Terms and Conditions, VIPorter points are calculated based on purchases of goods or services charged to a BMO VIPorter Mastercard account, less any refunds or adjustments. Cash advances, cash-like transactions, interest charges, fees, payments, credit or debit adjustments and any amount other than purchases that may be charged to the account with the card, do not qualify for the issue of VIPorter points. We may establish other qualifying and non-qualifying transactions from time to time.​

33. VIPorter is a rewards program offered by VIPorter Inc. (“Porter”). Please ensure that you, the primary cardholder, provide your own personal VIPorter number to be linked to your BMO VIPorter Mastercard card account as linking a different person’s VIPorter number is prohibited. Once the primary cardholder’s VIPorter number is linked to the credit card account, please allow up to 72 hours for these benefits to be activated. A VIPorter number is required in order to be awarded VIPorter points or access VIPorter rewards and benefits. You must include this same, linked VIPorter number to your qualifying Porter reservations to access the Porter Airlines benefits. The name on the Porter Airlines reservation must be identical to the name on the VIPorter account of the traveller. Porter Airline benefits are valid on itineraries marked and wholly operated by Porter Airlines; not valid on itineraries which include flights operated by Porter’s codeshare or interline partners. VIPorter points issued through the use of the card will be credited to the primary cardholder’s VIPorter account.​The VIPorter accounts of the primary cardholder and authorized users must be in good standing to be awarded VIPorter points or enjoy their BMO VIPorter Mastercard card benefits. Porter Airline benefits will no longer be available upon account closure, regardless of reason for closure, or if the card product is changed to a non-VIPorter Mastercard. VIPorter membership and benefits are subject to the VIPorter Program Terms & Conditions and any applicable Porter Airline terms and conditions relating to a benefit (including its published tariffs containing conditions of carriage for travel on Porter Airlines), as determined by Porter Airlines in its sole discretion and as may be changed from time to time.​

34. Offer ends January 31, 2026. The value up to $2,600 or more, which could be earned in the first 13 months of your BMO VIPorter World Elite account opening, is based on the combined total value of:​

• $1228: Travel Benefits​

• • $160: Based on first checked bags for two people, on a round-trip flight in the first year​
  • $200: Based on first carry-on for two people, on a round-trip flight in the first year​
  • $108: Based on a PorterClassic seat for two people on a round-trip flight in the first year​
  • $380: A companion pass when you spend $9,000 within 180 days of account opening​
  • $380: Annual companion pass when you spend $50,000 within 365 days of account opening​

Discount value is based on the average fare of Porter-operated flights for two passengers on a round-trip flight in 2024. Discount calculation is based on an aggregate view of actual flight bookings made between the period of January 1 –October 31, 2024.​

• $1399: Card benefits​

• • $199: Annual Fee Rebate for the Primary Cardholder ($199) in the first year​
  • $1,120: 80,000 VIPorter points earned based on the following requirements:​
  • 20,000 points earned when you spend $5,000 within 110 days of account opening​
  • 30,000 points earned when you spend $9,000 within 180 days of account opening​
  • 30,000 points earned when you spend $18,000 within 365 days of account opening​

Value is based on VIPorter members receiving a value of $0.015/points or more when redeeming for a flight as of January 1, 2024. Redemption calculation is based on a aggregate view of actual flight bookings made between the period of January 1 –October 31, 2024.​

35. The primary cardholder $199 annual fee will be refunded $120 every year that you are a Private Banking client in a Platinum Banking Plan. Each additional cardholder will be refunded $50 every year. The primary cardholders $199 annual fee will also be waived in the first year.​

^*Trademark of Visa International Service Association and used under license.

* Balance Transfer Welcome Offer

a) Subject to these Terms and Conditions, each balance transfer amount is eligible for a promotional interest rate of 0% provided that each balance transfer is posted to your BMO CashBack World Elite Mastercard, BMO Ascend World Elite Mastercard, BMO Air Miles World Elite account, or BMO eclipse Visa Infinite Privilege card (the "Account") in the first 12 (twelve) statement periods from the Account open date (“Promotional Period”), and your Account remains in good standing. Offer is available to new customers only upon Account approval for applications submitted on or after December 8, 2025. Balances from other BMO credit card accounts are not eligible to be transferred. The promotional rate will no longer apply to your Account if you transfer into a card other than the BMO CashBack World Elite Mastercard, BMO Ascend World Elite Mastercard, BMO Air Miles World Elite Card, or BMO eclipse Visa Infinite Privilege card. Balance transfers apply to Canadian dollar amounts only.

b) Balance transfers do not qualify to earn loyalty rewards such as CashBack Rewards or BMO Rewards Points, Air Miles Points or VIPorter Points. Balance transfers are treated as cash advances and the promotional interest rate applies from the date the transactions are posted to your Account until the last day of the Promotional Period. After the Promotional Period expires, any remaining balance transfer amounts will be charged interest at the standard annual interest rate for cash advances. The promotional interest rate of 0% does not apply to purchases, fees, cash advances and other charges posted to your Account during the Promotional Period. Standard interest rates will continue to apply to those transactions. Please refer to your monthly statement for the interest rate applicable to your Account.

c) Each balance transfer is subject to a fee of 2% which will be charged to your account on the date the balance transfer is posted to your Account. For example, if an amount of $1,000 is transferred to your Account, you will be charged a fee of $20. You may request a balance transfer for as low as $100, as long as the transfer amount plus the fee, does not exceed the unused portion of the credit limit on your Account.

d) For residents outside of Quebec, if your account has balances with different interest rates, such as purchases with a standard interest rate and balance transfers with a promotional interest rate, any payment that exceeds the minimum payment will be allocated proportionately to those balances according to the terms set out in the BMO Credit Card Cardholder Agreement. For example, if you have a balance of $800 in purchases at the standard interest rate and a $200 balance transfer balance at a promotional interest rate, 80 percent of your payment will be allocated to your purchases balance and 20 percent will be allocated to your balance transfer amount balance.

For residents of Quebec, if your account has balances with different interest rates, such as purchases with a standard interest rate and balance transfers with a promotional interest rate, any payment that exceeds the minimum payment will apply first with to the debt with the highest credit rate, then to other debts in decreasing order of credit rate according to the terms set out in the BMO Credit Card Cardholder Agreement. For example, if you have a balance of $800 in purchases at the standard interest rate and a $200 balance transfer balance at a promotional interest rate, and the standard interest rate is higher than the promotional interest rate, 100 percent of your payment will first be allocated to your $800 purchases balance and once the $800 is paid off, any excessive payments made will be allocated to your $200 balance transfer balance

e) You will pay interest on purchases unless you pay your full Account balance by the payment due date. For example, if you complete a balance transfer for $5,000 and spend $2,000 in purchases during the same statement period, you must pay the entire balance of $7,000 before the payment due date to avoid paying interest on your purchases. You will be charged interest if you only pay the amount owing for your purchases. There is no interest-free grace period for cash advances or balance transfers.

f) To transfer balances from non-BMO credit card accounts, register for Online Banking or log in at bmo.com and do the following; select your Mastercard or Visa card account, then select Set up Balance Transfer or Pre-authorized payment, then select Credit Card Balance Transfer and follow the instructions to complete the transfer.

g) This offer may be withdrawn or changed without notice.