It’s been sometime and lots of people have been asking us about this exact offer for well over a year if not nearly two! Finally we can tell you that the first year free offer on the BMO Rewards World Elite MasterCard has returned! This is a great way to try out this card to see if you like it and at the very least score yourself $200 in free travel!
BMO Rewards World Elite Mastercard
Limited Time: $150 annual fee waiver in the first year*
Get 20,000 welcome bonus points* worth $200 in travel rewards
Points you can use to cover all flight charges & taxes*
Fly on any airline, with no blackout dates*
Earn 2 BMO Reward points for every $1 you send on the card – that’s 2% back on travel!*
VIP airport lounge access (over $200 US/year value)*
If you simply want the card to just get the 20,000 points for free, here’s what you’ll want to do. Get the card. Once the points are awarded book any travel, flights, hotel etc. via BMO Rewards and use your points towards that purchase. It can be over $200 but you’ll just have to pay the difference. If it is a flight utilize your free lounge pass(es) that come with the card on the flights. Once you have used up the points and lounge passes you can go ahead and cancel the card before your first year card renewal as you’ll have to pay the annual come that time. Also note that you’ll lose your Priority Pass membership when you cancel the card. Be sure not to get a supplementary card as that will cost you $50 and eat away at the value you are getting for free with the card.
On the other hand if you are happy with the card you can continue on with it but we would only recommend doing that if you need and want the Priority Pass membership and 4 lounge passes. If you don’t need those you are better off with a more flexible card, see our Credit Card Showdown!BMO World Elite Mastercard vs. Capital One® Aspire Travel™ World Elite Mastercard® for at least one example!