Credit Cards

BMO Cashback World Elite (10% first $2,000/3 months, 1.5% all purchases, free roadside assist, FYF)

  • Last Updated:
  • May 8th, 2022 1:33 pm
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Jr. Member
Sep 27, 2004
172 posts
20 upvotes
Vancouver
sffpcgtx wrote: Activated the newly arrived upgrade BMO World Elite card yesterday.....and today rx'd an email of a 0% BT offer good till Dec 2022, and also a significant CLI
i got the bmo cashback world elite card and activated last week. i didn't get that balance transfer offer. is it only specific to you?
Banned
Mar 3, 2021
707 posts
348 upvotes
Nope, I'm just an average Joe and no need to flex / big up a story. I called up for a different purpose, i.e. to activate the card and make sure it's ok to cut up my former Blue card. It was then that they mentioned to me I can get a CLI, and that there is a note on my file for BT offer.
greenbox wrote: i got the bmo cashback world elite card and activated last week. i didn't get that balance transfer offer. is it only specific to you?
Deal Fanatic
Jun 29, 2007
5428 posts
1974 upvotes
greenbox wrote: i got the bmo cashback world elite card and activated last week. i didn't get that balance transfer offer. is it only specific to you?
What is the upfront fee you have to pay?
Deal Fanatic
Jun 29, 2007
5428 posts
1974 upvotes
greenbox wrote: 0. First year free
Wow really? I expect my card to arrive next week. I will call and ask them.

Is there a special promo code we need to mention?
Jr. Member
Sep 27, 2004
172 posts
20 upvotes
Vancouver
Speedy1 wrote: Wow really? I expect my card to arrive next week. I will call and ask them.

Is there a special promo code we need to mention?
Title of this thread literally says FYF and the Bmo webpage says $120 fee waived
Newbie
Nov 25, 2018
9 posts
7 upvotes
anyone know if online groceries (ie. cornershop) count for the 5% cash back?
Deal Fanatic
Jun 29, 2007
5428 posts
1974 upvotes
greenbox wrote: Title of this thread literally says FYF and the Bmo webpage says $120 fee waived
Sorry, I was asking if there is a special promo code re poster who got an email of a 0% BT offer good till Dec 2022.
Sr. Member
Aug 31, 2001
581 posts
59 upvotes
I had BMO Credit Cards and Debit Cards but now I have cancelled everything.

I am trying to apply for BMO Cashback and WE Cashback cards via the online site and GeniusCash but it keeps detecting my home address and then directs me to login to BMO of which I cannot log in.

Anybody have this problem and/or know of a solution or have any advice on how to proceed?

I have discussed with GeniusCreditCard and they are following up with BMO but no response, and BMO Branch and Phone Specialist - last time I checked were not helpful. Redirect hell.
Sr. Member
Aug 31, 2001
581 posts
59 upvotes
I was able to apply for the World Elite Cashback by fudging some of the personal information, prior to it it would detect that I was an exiting debit card holder (But I had my accounts cancelled)

I want to apply for the regular Cashback but getting a Technical Error on the last page via Genius Cash

"There's a Technical Issue on our end"

any DP here?
Jr. Member
Sep 27, 2004
172 posts
20 upvotes
Vancouver
Sedul wrote: I was able to apply for the World Elite Cashback by fudging some of the personal information, prior to it it would detect that I was an exiting debit card holder (But I had my accounts cancelled)

I want to apply for the regular Cashback but getting a Technical Error on the last page via Genius Cash

"There's a Technical Issue on our end"

any DP here?
Clear cache and cookies? Got my $100
Jr. Member
Jan 28, 2008
103 posts
49 upvotes
Ontario
Just want to confirm with someone, does the BMO WE MC still code Walmart Supercentre as grocery, as previously mentioned in this thread??
I confirmed on my CIBC Visa that Walmart Supercentre is NOT coded as grocery. The Walmart we go to has the "Supercentre" word right on the building so we know it's definitely a Supercentre!
I'm asking because BMO just offered to upgrade my BMO CB to a WE.
Member
User avatar
Oct 12, 2020
453 posts
678 upvotes
Ontario
psommerfeld wrote: Just want to confirm with someone, does the BMO WE MC still code Walmart Supercentre as grocery, as previously mentioned in this thread??
I confirmed on my CIBC Visa that Walmart Supercentre is NOT coded as grocery. The Walmart we go to has the "Supercentre" word right on the building so we know it's definitely a Supercentre!
I'm asking because BMO just offered to upgrade my BMO CB to a WE.
Since you commented on this thread, I will assume you mean the BMO CB WE MC and not the WE MC which is a card that earns BMO Points.

It has been known for some time that VISA will code groceries slightly differently than MCs. Nothing's changed, so your MC should still categorize Walmart Supercentre as grocery store.
List of BEST Credit Cards for the Frequent Flyer/Rewards/Loyalty Programs you want to pursue - includes Personal and Business cards + WYDRAZOR'S TOP PICKS
Jr. Member
Jan 25, 2017
102 posts
106 upvotes
psommerfeld wrote: Just want to confirm with someone, does the BMO WE MC still code Walmart Supercentre as grocery, as previously mentioned in this thread??
I confirmed on my CIBC Visa that Walmart Supercentre is NOT coded as grocery. The Walmart we go to has the "Supercentre" word right on the building so we know it's definitely a Supercentre!
I'm asking because BMO just offered to upgrade my BMO CB to a WE.
Yes it does code Walmart Supercenter as Grocery. All MasterCards do. Visa does not.
Jr. Member
Jan 28, 2008
103 posts
49 upvotes
Ontario
Oh I see. So my CIBC being a Visa is the problem. Ok that's great news!
Yes it's the BMO CB WE MC that I'm being upgraded to.
Penalty Box
User avatar
Aug 29, 2012
8173 posts
7205 upvotes
I have the basic BMO cashback card and today I received an email saying "Congratulations, you have been approved for World Elite status, click the button at the bottom of this email to accept the upgrade offer to the Cashback WE". I was like what? My revenue falls short of 80k, and I spent like $200 a month on the card on average. I really don't know why their system gave me this offer. But since it's no fees for the first year, I'd have been a fool to turn it down.

It might be worthwhile to keep after if there indeed is free car assistance. I usually use the Scotia Amex Gold, but I do some shopping at Maxi and Walmart, and I usually have a bus ticket. So it might be worthwhile to eventually keep the two cards. I'll see.
Deal Addict
Oct 11, 2005
1468 posts
2793 upvotes
Airdrie, AB
MountainView11 wrote: Yes it does code Walmart Supercenter as Grocery. All MasterCards do. Visa does not.
While Wal-mart Supercenter has MCC 5411 (grocery stores/supermarkets), some FIs explicitly exclude it (CTFS Triangle, for example), presumably based on the merchant name. Luckily, as everyone has mentioned, BMO does not discriminate for this category.
Poutinesauce wrote: I have the basic BMO cashback card and today I received an email saying "Congratulations, you have been approved for World Elite status, click the button at the bottom of this email to accept the upgrade offer to the Cashback WE". I was like what? My revenue falls short of 80k, and I spent like $200 a month on the card on average. I really don't know why their system gave me this offer. But since it's no fees for the first year, I'd have been a fool to turn it down.
I also got the offer, and have similar spending (i.e. low, and even $0 for the last couple months as I'm milking some other cards for 10% CB SUB), so I'm guessing they're trying to get cardholders to upgrade, in hopes of getting the AF after FYF.

It's nice that this is truly a pre-approved upgrade, and quick/easy to accept. And existing card immediately starts enjoying the new cashback rates while waiting for replacement card.

Does anybody have DPs around PSing from BMO CB WE MC back down to the basic MC (or perhaps getting SYF)? The amounts I spend don't justify cards with AFs, given the abundance of no-AF CB options. But I don't mind FYF. And I have no intentions of opening yet another bank account to get fee waivers...
Member
User avatar
Oct 12, 2020
453 posts
678 upvotes
Ontario
Poutinesauce wrote: It might be worthwhile to keep after if there indeed is free car assistance. I usually use the Scotia Amex Gold, but I do some shopping at Maxi and Walmart, and I usually have a bus ticket. So it might be worthwhile to eventually keep the two cards. I'll see.
The RSA is offered by DAA (Dominion Automobile Association), and it's not bad for some services. It'll be useful for battery boost, emergency fuel (up to 10L), flat tire, winching, and lockout stuff. However, the towing is where it sucks since all they'll cover is 10km. In that aspect, the CTFS WE MC's free Gold RSA is superior for sure.

I've had this card since when it used to offer 1.5%, and if you can get it for free, it's an excellent card to have. It's one of the rare cards that gives 180 days/+2 year purchase and extended warranty coverage when most other cards are 90 days/+1 year. Good for peace of mind. Enjoy your new card!
List of BEST Credit Cards for the Frequent Flyer/Rewards/Loyalty Programs you want to pursue - includes Personal and Business cards + WYDRAZOR'S TOP PICKS
Jr. Member
Jan 25, 2017
102 posts
106 upvotes
Poutinesauce wrote: I have the basic BMO cashback card and today I received an email saying "Congratulations, you have been approved for World Elite status, click the button at the bottom of this email to accept the upgrade offer to the Cashback WE". I was like what? My revenue falls short of 80k, and I spent like $200 a month on the card on average. I really don't know why their system gave me this offer. But since it's no fees for the first year, I'd have been a fool to turn it down.

It might be worthwhile to keep after if there indeed is free car assistance. I usually use the Scotia Amex Gold, but I do some shopping at Maxi and Walmart, and I usually have a bus ticket. So it might be worthwhile to eventually keep the two cards. I'll see.
Interesting, looks like BMO is doing with the Cashback MC the same as they did with the AIR MILES MC last summer where they were sending out emails for upgrade to World Elite MC with FYF. I had the no-fee AIR MILES MC and rarely ever used it (only for the odd promo here and there that offered good return on spend) and received an offer to upgrade to AIR MILES World Elite MC in August 2021 and I accepted it. I enjoyed my 2 free long passes on a trip in October 2021!

It's honestly a pretty good offer as you get for no credit check a TRULY free year of the highest cash back rates for grocery and transit and fairly decent rates for gas and recurring bills yes the monthly caps on the enhanced cash back may be annoying but its a free year so who can complain. Also BMO has the BEST cash back redemption in the market as you can redeem anytime as long as your cash back balance is $1 or more! I say truly free because yes, you can get the annual fee rebated on this card on an ongoing basis if you have the BMO premium plan checking account with a $6,000 minimum balance so there is a cost of opportunity there.
Banned
Mar 3, 2021
707 posts
348 upvotes
Anyone else receive the same offer on The BMO WE?

The card you know. A lower interest rate you’ll love.

7.99% for 6 months

XXXXXXX, enjoy greater financial flexibility with a special low interest rate of 7.99% on your BMO CashBack World Elite Mastercard.Simply activate this offer with just one click by February 14, 2022.

By clicking ‘Activate now’, you provide your express consent to this promotional purchase rate offer and agree to the Terms and Conditions. This low interest rate will take effect on March 1, 2022, and will apply to all new purchases made until August 31, 2022.

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