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BMO World Elite Mastercard - Devaluation May 5th, No Plaza Premium access July 1st

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  • Nov 17th, 2023 12:51 pm
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Deal Addict
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Aug 4, 2003
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Mayoo wrote: Does anyone knows when will lounge key pass gets reset ?
August 2019?
Loose lips sink ships. | His Majesty's Naval Service
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Feb 9, 2013
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Mississauga
virulent wrote: When you reserve a car (and I guess hotel too most likely) through BMO rewards you normally settle the balance with the rental company at arrival. So BMO does not pay them directly. They give you a statement credit for any used points.

If you then cancel through BMO, they charge you a fee. I assume they will reverse the credit and refund points too.

If you cancel through the rental company directly, BMO is none the wiser and won't reverse the credit and there's no cancellation fee.

It is an easy way to cash out points to a statement credit.
Everyone who did the trick, double check your rewards. I claimed the full 52,101 points, but somehow 'owe' -1143 points. I was directed to 3 people at bmorewards, and they just made up some reasoning, that maybe I "bought" points to pay for the remaining balance.

My car rental was 575.85 - 521.01 (points redeem) = 54.84 (that I pay when I go pick up my rental car).

Even if bmorewards did pay the remaining balance of $54.84, it should be -5484 points. They couldn't explain why it's -816 points (-1143 with 40% adjustment).

Date All items purchased Points Earned Points redeemed Points balance
Jan 15th 2018 40% Points Adjustment -327 0 -1143
Jan 2th 2018 BMO Rewards / BMO Récompenses -816 0 -816
Nov 17th 2017 Travel Booking Redemption 0 52,101 0
Member
Mar 2, 2011
463 posts
395 upvotes
Ottawa
jdu0ng wrote: Everyone who did the trick, double check your rewards. I claimed the full 52,101 points, but somehow 'owe' -1143 points. I was directed to 3 people at bmorewards, and they just made up some reasoning, that maybe I "bought" points to pay for the remaining balance.

My car rental was 575.85 - 521.01 (points redeem) = 54.84 (that I pay when I go pick up my rental car).

Even if bmorewards did pay the remaining balance of $54.84, it should be -5484 points. They couldn't explain why it's -816 points (-1143 with 40% adjustment).

Date All items purchased Points Earned Points redeemed Points balance
Jan 15th 2018 40% Points Adjustment -327 0 -1143
Jan 2th 2018 BMO Rewards / BMO Récompenses -816 0 -816
Nov 17th 2017 Travel Booking Redemption 0 52,101 0
That -816 is weird.. Did you receive a refund on something else purchased on a previous statement? I assume refunds reverse any awarded points...

For me, that same time frame:

Jan 31st 2018 BMO Rewards Adj / Rajust récomp BMO 1,546 0 6,253
Jan 20th 2018 BMO Rewards / BMO Récompenses 4,707 0 4,707
Dec 26th 2017 Travel Booking Redemption 0 11,915 0

Similar story with the last few redemptions (April and July). I've never received negative points (lucky?), that or they were hidden because my "earned" is always positive. CC statements don't show much more..
Deal Addict
Jul 20, 2010
4846 posts
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Ottawa
jdu0ng wrote:
Everyone who did the trick, double check your rewards. I claimed the full 52,101 points, but somehow 'owe' -1143 points. I was directed to 3 people at bmorewards, and they just made up some reasoning, that maybe I "bought" points to pay for the remaining balance.

My car rental was 575.85 - 521.01 (points redeem) = 54.84 (that I pay when I go pick up my rental car).

Even if bmorewards did pay the remaining balance of $54.84, it should be -5484 points. They couldn't explain why it's -816 points (-1143 with 40% adjustment).

Date All items purchased Points Earned Points redeemed Points balance
Jan 15th 2018 40% Points Adjustment -327 0 -1143
Jan 2th 2018 BMO Rewards / BMO Récompenses -816 0 -816
Nov 17th 2017 Travel Booking Redemption 0 52,101 0
virulent wrote:
That -816 is weird.. Did you receive a refund on something else purchased on a previous statement? I assume refunds reverse any awarded points...

For me, that same time frame:

Jan 31st 2018 BMO Rewards Adj / Rajust récomp BMO 1,546 0 6,253
Jan 20th 2018 BMO Rewards / BMO Récompenses 4,707 0 4,707
Dec 26th 2017 Travel Booking Redemption 0 11,915 0

Similar story with the last few redemptions (April and July). I've never received negative points (lucky?), that or they were hidden because my "earned" is always positive. CC statements don't show much more..
I've posted about this before, but whenever you redeem points, you get a credit applied to your statement. The system treats any credit as a refund, and so you effectively lose points. In your case, you'd lose $521*3 = 1563 points and your -861 was likely a result of other things you purchased during that statement cycle that brought your -1563 points up a bit. As @virulent pointed out, if you make enough purchases to keep yourself in the positive range, you would never even notice unless you did a manual audit

It's a really stupid system, but this happens with TD Rewards too
Deal Addict
Feb 9, 2013
1912 posts
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Mississauga
Hmm, my transactions are pretty clear. I stopped using the card in June 2017, redeemed for car rental in Nov 17th 2017 and that's about it.

Beginning of Jan 2018, the teller transferred my rewards credit from the credit card to chequing account, which triggered a "cash advance" of $5, I've immediate got the teller to reimburse back to the credit card. So it's only the car rental or this "cash advance" transaction that I could think of. But -816 is weird indeed.

I'm planning to just cancel this card, but I'm not sure if this -816 reward points will go to collection or not.
Deal Addict
Mar 28, 2010
1005 posts
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GTA
Mayoo wrote: Does anyone knows when will lounge key pass gets reset ?
Every calendar year, I think... that's why we get 4 new ones in January.

As a side note, my PP still says 4 entitlements (updated today)... was wondering whether I should try to use it next week on my trip.
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Oct 2, 2005
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If I cancel the card before I use the lounge passes, are the passes void, or can I still use them until the expiry date?
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Aug 4, 2003
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RAINMAN0 wrote: If I cancel the card before I use the lounge passes, are the passes void, or can I still use them until the expiry date?
Your credit card is on file for billing purposes with Priority Pass so exercise that option at your own peril.
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Oct 2, 2005
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McMaggot wrote: Your credit card is on file for billing purposes with Priority Pass so exercise that option at your own peril.
That was my main concern I just don't want the card anymore was all.
Newbie
Oct 16, 2014
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Winnepeg
I am interested in extending the insurance to past 21 days, not the medical as I am covered by work but for everything else (trip cancellation, delay, etc). Anyone know how much this would be for an 48 day trip? Are these limited to 21 days as well? Currently says not for sale...

https://www.bmo.com/main/personal/credi ... protection
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Mar 13, 2006
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OliverQueen wrote: I am interested in extending the insurance to past 21 days, not the medical as I am covered by work but for everything else (trip cancellation, delay, etc). Anyone know how much this would be for an 48 day trip? Are these limited to 21 days as well? Currently says not for sale...

https://www.bmo.com/main/personal/credi ... protection
From the cardholder agreement found online here:
If You want to extend Your Coverage Period for an individual Trip, You may be able to purchase additional coverage. Call 1-877-704-0341 or 519-741-0782.
Member
Jul 15, 2003
405 posts
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spooky wrote: From the cardholder agreement found online here:
If You want to extend Your Coverage Period for an individual Trip, You may be able to purchase additional coverage. Call 1-877-704-0341 or 519-741-0782.
I might be wrong, but from this document I see nothing about a 21 days coverage for trip cancellation or other coverage except for the medical insurance. You're better call, but I guess there is no limit, at least, not for 21 days.
Member
Mar 2, 2011
463 posts
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Ottawa
guess my year is up, was charged the AF today.. I downgraded to the no AF card for now, maybe cancel it after I milk the leftover points..
Sr. Member
Dec 27, 2005
609 posts
122 upvotes
Toronto, ON
Hello All,

I know that as of Aug BMO is no longer offering Priority Pass with the WE. I was wondering if the members who had PP still have their passes?

Thanks
Deal Expert
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Jan 27, 2004
18704 posts
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this card sux..now...i wanna try to get rid of it..i havent used the $300 bonus credit and now how come still $300 after spending 1k every month on this card for a year?

did they eat up my points?
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Member
Dec 24, 2006
470 posts
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Vancouver
paf wrote: Hello All,

I know that as of Aug BMO is no longer offering Priority Pass with the WE. I was wondering if the members who had PP still have their passes?

Thanks
This is covered in a different thread (linky) but yes there are reports of people still able to use PP passes past the Aug date (myself included) but YMMV
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Feb 10, 2018
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Does the car rental truck still work?

I only see Pay at the counter option now.
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Feb 1, 2006
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Ontario
EDL67134234 wrote: Does the car rental truck still work?

I only see Pay at the counter option now.
Anyone?
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Deal Addict
Feb 10, 2018
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minimalist wrote: Anyone?
I cancelled my reservation through BMO and they charged me $25 plus tax.

They don’t have an option to pay now at the portal.

So my remaining points were still credited to my credit balance, not to my total point balance

Afterwards, I read the legal disclaimer and the disclaimer says you will get points credited 3 days before reservation date.

Perhaps someone can chime in with more data points.
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Oct 13, 2002
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minimalist wrote: Anyone?
THE TOTAL OF THE CAR BOOKING WILL BE CHARGED LOCALLY
TO YOUR BMO REWARDS MASTER CARD BY THE CAR RENTAL
AGENCY WHEN YOU PICKUP YOUR VEHICLE. PLEASE ENSURE YOU
HAVE YOUR MASTER CARD WITH YOU AT THE TIME OF PICKUP.
BMO REWARDS CARD WILL CREDIT THE DOLLAR VALUE OF
THE POINTS THAT WAS SELECTED TO BE USED TOWARDS THE
COST OF THIS BOOKING, 3 DAYS PRIOR TO PICKUP OF YOUR
VEHICLE.
Journie: Use my promo code JR-ColinTOUM during registration, and you’ll automatically save 2¢/ L on your next fill-up. (Full disclosure: Once you do, I get a discount, too!)

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