Bmo World Elite Rewards Cardholder Agreement

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 This offer can be withdrawn or amended without notice.

The reload of the offer is calculated on the basis of the total eligible purchase transactions that collect basic miles from Shell during the offer period. The set of miles allocated in connection with the recharging offer is a combination of base miles allocated by Shell, base miles awarded by BMO, including all accelerator miles, and bid mileage load, which are equal to 5 times the base miles awarded by Shell. During the offer period for eligible Convenience Store transaction purchases, a maximum of 2,500 miles of reload per cardholder can be allocated. †† 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 bmo.com/PerformanceRebate. 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) A. The offer is cumulative over the billing period. CashBack premiums are paid for purchases that will be debited to your account (minus cash refunds and no cash advances, cash transactions, interest charges, payment fees, credit or debit adjustments) and will be subject to cashBack and Rewards terms under the BMO Mastercard Cardholder agreement. The number of CashBack rewards is rounded to the next penny. Terms: CashBack World Mastercard: With the BMO CashBack World Mastercard, you only receive cashback bonuses in your account up to a maximum monthly expense of $7,000.