Bmo World Elite Cardholder Agreement

BMO CashBack Mastercard applications must be received between May 1, 2020 and October 31, 2021 to receive the 5% welcome cash back offer. You will be reimbursed for every dollar spent (minus refunds and cash advances, cash transactions, Interest charges, taxes, credit or debit adjustments) as follows: Food purchases: You will receive 3% cash on eligible food products Purchases (classified by Mastercards “Merchant Category Code” as “supermarkets” MCC 5411) up to a maximum of $500 per billing cycle and 2% more for the first three (3) billing cycles up to one $500 maximum. Recurring Bill Payment: You receive 1% cash back on recurring billing payments (defined as monthly or regular payments and billed automatically by the merchant to your BMO CashBack Mastercard) up to a maximum of $500 per billing cycle and an additional bonusback for the first three (3) billing cycles issued up to a maximum of $500. All other purchases: Get 0.5% cash in return in purchases (non-food and single invoices) and an additional 4.5% bonus-back for the first three (3) billing cycles issued up to a maximum of $1,500. The 5% cash back offer is limited to new BMO CashBack Mastercard accounts and is not allocated to current or former cardholders who open a closed account, product transfer or new account. Limit one bonus offer per account. If you cancel your card within 90 (90) days of opening your account, all CashBack premiums collected during that period will be void. This offer can be withdrawn or amended without notice. BMO CashBack World Elite Mastercard applications must be received between June 5, 2020 and October 31, 2021. You will receive 10% cash for every dollar issued or $10 for every $100 issued (minus cash refunds and no cash advances, cash transactions, interest charges, fees, credits or debit adjustments) for the first three (3) billing cycles from the date the account was opened up to a maximum of $2,000 (cash) in card purchases. After the first three (3) billing cycles or $2,000 in card purchases (depending on what happens first), you will receive 1.50% cash or $1.50 for every $100 for all card purchases. Annual Tax Waiver: The principal cardholder`s annual tax of $120 is remitted in the first year and appears as a fee and credit on the primary cardholder`s first statement of account.

After the first year, the annual fee appears twelve (12) months after the day the credit card is opened on your credit card statement. The annual waiver offer does not apply to the annual fee for the additional card. The 10% cash back offer and the annual fee waiver offer for the first year are limited to the new BMO CashBack World Elite Mastercard accounts and are not allocated to current or former cardholders who open a closed account, product transfer or new account. Limit one bonus offer per account. If you cancel your card within 90 (90) days of opening your account, all CashBack premiums collected during that period will be void. This offer can be withdrawn or amended without notice. Insurance certificates take over the world without fear of emergency medical expenses. Eliminate the last-minute battle for insurance coverage when planning a trip. Whether you`re travelling within Canada or abroad, you`re abandoned all year round. Travel Insurance Certificates (embedded coverage) †† footnote †† details you receive an annual discount of $40 if you are the primary holder of the BMO AIR MILES World Elite Mastercard card; BMO CashBack World Elite Mastercard; BMO World Elite Mastercard; BMO AIR MILES World Mastercard; BMO Cashback World Mastercard; BMO Affinity AIR MILES World Mastercard or BMO Affinity Cashback World Mastercard (a BMO credit card) and a Lead account holder with the performance plan.