BMO · Mastercard

BMO CashBack World Elite Mastercard

★★★★★ 4.5 Wafacard score
Issuer page Confirm current terms on the issuer website
Annual fee
$139
Rewards rate
1%
Intro offer
Intro value may include 480 points. Confirm current requirements with the issuer.
Recommended credit
Excellent (720+)
Fees and terms

Rates and fees can change by applicant profile and issuer updates. Confirm current terms on the issuer website before applying.

Annual fee
$139
Purchase APR
APR range: 21.99%
Balance transfer APR
APR range: 21.99% - 23.99%
Cash advance APR
APR range: 23.99%
Promo APR length
12 months
Foreign transaction fee
Check issuer terms
Late payment fee
Check issuer terms
Grace period
21 days
Recommended credit
Excellent (720+)
Terms last updated
6/22/2026
Key benefits
  • Intro APR or transfer-focused terms
  • Extended warranty coverage may be included
  • Partner status benefits may apply
  • Cash-back earning focus
Rewards breakdown

Wafacard summary: this cash-back card shows cash-back earning from 1%-5% depending on the purchase type and issuer rules. Check the issuer page for eligible categories, caps, and current terms.

Intro offer: Intro value may include 480 points. Confirm current requirements with the issuer.

Card details

Wafacard note: key fit signals include intro apr or transfer-focused terms, extended warranty coverage may be included, partner status benefits may apply, cash-back earning focus. Availability, exclusions, and enrollment rules can vary by issuer terms.

Issuer
BMO
Network
Mastercard
Type
cashback
Review status
Terms reviewed 6/30/2026

Is BMO CashBack World Elite Mastercard worth it?

The BMO CashBack World Elite Mastercard is a cashback card from BMO with a $139 annual fee — a mid-range cost that should be offset by everyday value. It lists 1% on eligible spending, and the breakdown below shows how that earning applies across categories. New cardholders may also qualify for a welcome offer: Intro value may include 480 points. Confirm current requirements with the issuer. It is generally aimed at applicants with excellent (720+) credit, with a purchase APR around APR range: 21.99%. Confirm current terms on BMO's site before applying.

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