Bmo Cashback World Elite Mastercard Cardholder Agreement

†† footnote †† details, you receive an annual discount of $40 for credit card fees if you are the principal holder of a BMO AIR MILES World Elite Mastercard; 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. You get an annual credit card discount of $20 if you are the BMO Preferred Rate Mastercard holder and the main account holder with the performance plan. Limit of one discount per performance plan per person. If the largest account is common and both account holders have a BMO credit card, the discount will be applied to the BMO credit card with the higher annual fee. Credit cards issued by BMO Nesbitt Burns and BMO Private Banking customers are not eligible for the rebate. Full details can be found online at 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, 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 cash refunds and 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 a maximum of $500. 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.