🇨🇦 Credit Card Review

BMO CashBack World Elite Mastercard

Mastercard 🇨🇦 Canada Cash Back

PullThisCard NMDY Score

We score this card on five factors — earn rate, real point value, portfolio pooling, merchant bonuses, and your stated goal — recalculated for your specific wallet, not a static rating.

Top effective rate on this card: 5¢ per dollar. Full methodology →

Welcome Bonus

Estimated first-year bonus value

$480

$40 cash back per month for 12 months, each month requiring $2,000 spend that cycle.

Conservative estimate at 1¢/point. Verify current offer before applying — bonuses change.

Earn Rates

Category	Earn Rate	Effective Value
Groceries this rate applies up to $500/month combined spend, per issuer terms	5% Cash Back	5¢/$
Gas & EV Charging this rate applies up to $300/month combined spend, per issuer terms	3% Cash Back	3¢/$
Bills & Utilities this rate applies up to $500/month combined spend, per issuer terms	2% Cash Back	2¢/$
Everything Else	1% Cash Back	1¢/$

Last verified: 2026-09 · Source: issuer's public product terms

Rates may be subject to caps, exclusions, enrollment requirements, and issuer-defined merchant categories. See our data verification methodology →

Find the BMO CashBack World Elite Mastercard

Terms, APR, and the current welcome offer are set by the issuer, not us, and can change without notice. Confirm the live offer on their site before you apply.

Find BMO's card page →

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