BMO Blue Rewards World Elite Mastercard
BMO loyalists and regular shoppers at Blue Rewards partner stores who want simple everyday redemptions.
VaultNerd estimate based on the card's tier and income requirements, not an official issuer cutoff. Approval also depends on income, debt, and credit history.
Our verdict
The flagship card of BMO's brand-new Blue Rewards program (launched June 2026) offers huge partner multipliers and a strong first-year package, though the points are everyday-value rather than premium-travel currency.
Reward rates
Blue Rewards partners (incl. Blue Rewards Travel) At 400+ participating partners; 10x capped at $1,000 in spend per billing cycle | 10x |
Groceries, wholesale clubs & alcohol Capped at $500 per category per statement period | 2x |
Gas & EV charging Capped at $500 per category per statement period | 2x |
Everything else | 1x |
VaultNerd values these points at ~0.67¢ each.
Welcome bonus
Up to $1,600 in value: up to 100,000 bonus Blue Points (worth about $665), up to $200 NEXUS statement credit in year one, and no annual fee in the first year
Requirement: Tiered: 45,000 points after $5,000 in 110 days, 20,000 after $10,000 in 180 days, 35,000 after $20,000 in 365 days; apply by October 31, 2026
Pros
- Outstanding 6.7% effective return at Blue Rewards partners
- Rare 0% balance transfer promo for 12 months
- Solid World Elite perks: lounge passes, NEXUS credit, roadside assistance
Cons
- Blue Points are worth only ~0.67 cents and can't transfer to airlines
- 10x partner earn capped at $1,000 spend per cycle
- High spend required for the full 100,000-point bonus
Perks
- 10x Blue Points at 400+ Blue Rewards partners (Pharmasave, Irving Oil, TIMBER MART, Budget and more)
- Mastercard Travel Pass (DragonPass) with 4 free lounge passes per year
- 0% introductory balance transfer rate for 12 months (2% fee)
- Complimentary roadside assistance (Dominion Automobile Association)
- Six months of Instacart+ plus $10 monthly Instacart credit (enrollment required)
- Up to $200 NEXUS statement credit in the first year
Insurance
- Out-of-province/country emergency medical up to $5 million (15 days)
- Car rental collision/loss damage insurance
- Extended warranty insurance
- Purchase protection
Frequently asked questions
Is the BMO Blue Rewards World Elite Mastercard worth it?
It charges a $150 annual fee, and we rate it 3.9 out of 5. It's best suited to BMO loyalists and regular shoppers at Blue Rewards partner stores who want simple everyday redemptions. The welcome bonus is worth roughly $1,020, which covers the first year for many people. Whether it's worth it for you depends on your spending. Run your own numbers through our credit card finder to see the net rewards after the fee.
What does the BMO Blue Rewards World Elite Mastercard earn?
It earns 10x on blue rewards partners (incl. blue rewards travel), 2x on groceries, wholesale clubs & alcohol and 2x on gas & ev charging. We value these points at about 0.67¢ each, so the top rate works out to roughly 6.7% back.
What credit score do you need for the BMO Blue Rewards World Elite Mastercard?
We'd suggest a score of around 725 or higher, which puts approval in our "hard" band. It also lists an income requirement of $80,000 personal or $150,000 household. This is a VaultNerd estimate based on the card's tier and stated requirements. Approval also depends on your income, existing debt and credit history.
Researching and writing about Canadian personal finance since 2026.
Last reviewed June 2026 · How we research
“BMO Blue Rewards World Elite Mastercard Review.” VaultNerd, https://www.vaultnerd.com/ca/credit-cards/bmo-blue-rewards-world-elite, updated June 2026.
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