BMO Cashback World Elite Mastercard, Canada’s Top Cashback Card for Groceries and Dining
BMO Cashback World Elite Mastercard delivers up to 5% back on groceries and generous dining rewards across Canada, with a first year fee waiver, travel protections and World Elite perks
Why the BMO Cashback World Elite Mastercard resonates in Canada
The BMO Cashback World Elite Mastercard is built around everyday spending that matters to Canadians: groceries, restaurants and travel. With clear cashback categories and World Elite perks, it’s easy to see why many households across provinces choose this card to stretch their dollars.
Designed for people who want simple, high-value rewards without complex points charts, the card appeals to families, commuters and frequent diners alike. The first-year fee waiver makes trying it out low risk for anyone curious about boosting their savings.
Key rewards and protections that add real value
Earn top-tier cashback where you spend most: up to 5% back on groceries and attractive rates on dining and travel purchases. The straightforward cashback structure keeps rewards predictable so you can plan how to use the card for the biggest return.
Beyond cashback, the BMO Cashback World Elite Mastercard provides travel and purchase protections common to World Elite cards, such as travel insurance, purchase protection and concierge services—benefits that bring peace of mind on trips or big buys within Canada and abroad.
How to maximise cashback on groceries and dining
Assign everyday grocery runs and restaurant bills to the BMO Cashback World Elite Mastercard to capture the highest cashback rates. In Canada, where weekly grocery shopping and dining out account for a large share of monthly spending, concentrating these transactions on one card quickly compounds your savings.
Combine the card with smart habits: pay the statement in full each month to avoid interest, watch for seasonal bonus offers and link household recurring expenses like grocery subscriptions or food delivery to the card. These steps ensure cashback remains a net gain.
Applying, comparing and deciding if it fits your wallet
Applying online through BMO is straightforward—expect a quick decision if your credit profile meets the card’s requirements. The card generally asks for good to excellent credit, so check your credit standing before applying to improve approval odds.
Compare this card against other Canadian options by category: if groceries and dining dominate your spending, the BMO Cashback World Elite Mastercard often outperforms travel-focused cards. For a balanced wallet, consider pairing it with a no-fee or travel rewards card to cover other categories and maximise overall returns.