Alot of these cards have insurance coverages as part of their benefits. They can cover a whole bunch of things.. The thing that I have a difficulty is that how many people actually ever use the insurance coverage?
Customers will earn 1 BMO ELITE Rewards point for every $1 spent in purchases and the rewards points never expire. I have yet to check out the actual dollar value of that offer... I'm sure the annual fee isn't going to be free! :)
Bank of Montreal today launched a new MasterCard product designed for Canadians that will provide cardholders with first-class benefits. The BMO World Elite MasterCard addresses the needs of customers who are looking for dedicated customer service, a rich travel rewards program, exclusive benefits and comprehensive first-class travel insurance.
"We've built the BMO World Elite card around what our customers want, namely superior flexibility, unmatched choice and comprehensive insurance coverage," said Nancy Marescotti, Director, Payments Marketing, BMO Bank of Montreal "The BMO World Elite card will provide a differentiated customer experience and enhanced benefits."
VIA istockanalyst
