Bmo World Elite Rewards Cardholder Agreement

†† footnote †† Details, you will receive an annual discount of $40 USD if you are the primary 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 master account holder with the performance plan. You get an annual credit card fee reduction of $20 if you are a primary BMO Preferred Rate Mastercard cardholder and the master account holder with the performance plan. Limit of one discount per performance plan per person. If the master account is common and both account holders have a BMO credit card, the discount will be applied to the BMO credit card with a higher annual fee. Credit cards issued through BMO Nesbitt Burns and BMO Private Banking clients are not eligible for the discount. You will find all the details online on §§ Footnote §§ Details, a) Subject to these Terms and Conditions, any balance transfer is eligible for a promotional interest rate of 1.99%, provided that each transfer is booked within the first 9 (nine) billing periods from the date the account is opened (“Promotional Period”) to your BMO CashBack Mastercard or BMO Rewards Mastercard account (the “Account”) and your account remains in good condition. The offer is only available to new customers after account approval for applications filed on or after August 8, 2018. Assets from other BMO credit card accounts cannot be transferred. The promotional rate no longer applies to your account if you transfer to a card other than the BMO CashBack Mastercard or BMO Rewards Mastercard. Credit transfers apply only to amounts in Canadian dollars.

b) Credit transfers are not eligible to collect loyalty rewards such as cashback rewards or BMO Rewards Points. Credit transfers are treated as cash advances and the promotional interest rate is valid from the date the transactions are booked in your account until the last day of the action period. At the end of the action period, all remaining balances shall be calculated with interest corresponding to the annual standard interest rate on cash advances. The promotional interest rate of 1.99% does not apply to purchases, fees, cash advances and other fees recorded in your account during the Action Period. Standard interest rates continue to apply to these transactions….