BMO
Unlock up to $2,400 value: 70,000 VIPorter points, companion pass, and first-year annual fee rebate. Travel perks, lounge access, and robust insurance included.
Introducing the BMO VIPorter World Elite Mastercard
The BMO VIPorter World Elite Mastercard is designed for frequent travellers looking to maximize their rewards. With a first-year annual fee rebate, enjoy a regular interest rate of 21.99% on purchases and 23.99% on cash advances. To qualify, applicants generally need a personal income of at least $80,000 or a household income of $150,000, along with a good credit score. This card delivers standout value, offering up to 70,000 VIPorter points and a round-trip companion pass in year one, plus extensive travel insurance and airport perks.
The welcome offer packs a punch: earn $1,050 in bonus points and accumulate annual rewards worth $567 based on typical spending patterns. From priority boarding to complimentary checked bags for you and companions, the card caters to those who fly regularly with Porter Airlines and seek premium benefits without paying an annual fee in the first year. The annual fee reverts to $199 in subsequent years.
Applicants should be Canadian residents with a credit score of at least 680, and meet the provincial age of majority. The application process is straightforward and digital, ensuring quick turnaround and approval notifications for most applicants. If you value travel perks and robust insurance, this card is a compelling choice for building up points quickly.
How to Apply
To start the application, visit the issuer’s secure website. You’ll need to provide basic personal and financial details, such as identification, employment information, and your income. Prepare your documentation ahead of time for a smooth process.
Ensure you meet qualification criteria, including the income threshold and credit score. Complete the online form, review terms and conditions, and submit your application. Most applicants receive a decision in minutes.
If approved, you’ll receive the card by mail. Activate it right away to begin qualifying for the welcome bonus and enjoying travel perks. Make sure to spend the required minimum amount within the promotional period to unlock the full value of the bonus rewards.
Advantages of the BMO VIPorter World Elite Mastercard
This card stands out for its robust travel rewards. Cardholders earn high-value VIPorter points quickly on Porter flights, groceries, dining, and hotel expenses. The welcome package, featuring 70,000 VIPorter points and a round-trip companion flight, can save frequent travellers substantial sums.
Other attractive perks include no first-year annual fee, airport lounge access with DragonPass membership, and complimentary checked baggage and seat selection for up to eight companions per booking. The suite of travel insurance is comprehensive, offering trip cancellation, interruption, flight delay, baggage coverage, and even mobile device insurance.
For those who frequently travel with Porter Airlines or want to earn rewards faster, this card offers excellent return on spend and value from premium benefits not available on many competing cards.
Potential Drawbacks
The main drawback is the high ongoing annual fee of $199 after the first-year waiver, which might not appeal to more casual travellers. The eligibility requirements, particularly the income and credit scores, are also quite strict, limiting accessibility.
Additionally, as a premium travel-focused card, the best value is unlocked only for those who routinely fly Porter Airlines. If you don’t regularly fly with Porter, the benefits may not fully align with your travel patterns or lifestyle.
Verdict: Is the BMO VIPorter World Elite Right for You?
The BMO VIPorter World Elite Mastercard is one of the best options on the market for dedicated Porter Airlines travellers seeking a generous welcome offer and recurring premium perks. Although the eligibility criteria and high annual fee mean this card isn’t for everyone, those who maximize the benefits—from travel insurance to companion flights and lounge access—can easily offset the cost.
If you’re ready to leverage rewards for regular travel and enjoy top-tier advantages, this card is a compelling choice for the next step in your journey.