Which has the lower annual fee, ATB World Elite or BMO Ascend World Elite Mastercard?

The ATB World Elite has a $120 annual fee, while the BMO Ascend World Elite Mastercard charges $150/year.

Which card is better for groceries, ATB World Elite or BMO Ascend World Elite Mastercard?

The ATB World Elite earns 1x on groceries, while the BMO Ascend World Elite Mastercard earns 0.7x. The better choice depends on your grocery spending and the specific merchants you shop at.

ATB World Elite vs BMO Ascend World Elite Mastercard — Which Is Better? | Churnr

Header Quick Take Value Earn Rates Merchants Wallet Bonus FX Benefits Eligibility Perks Downgrade Verdict

ATB World Elite wins by $425/yr — strongest in groceries

ATB World Elite earns $65 more on groceries
BMO Ascend World Elite Mastercard earns $43 more on bills & utilities
$400 welcome bonus advantage

Groceries: +$65Bills & Utilities: +$43Travel: +$33

ATB World Elite: $30/yr in foreign transaction fees

BMO Ascend World Elite Mastercard: $30/yr in foreign transaction fees

Showing Year 1 analysis

Dollar Value

Winner

$534

/first year

1.3% effective$44/mo

vs 1% no-fee card: +$115

Annual rewards earned+$284

Welcome bonus+$400

FX costs−$30

Annual fee−$120

$109

/first year

0.3% effective$9/mo

vs 1% no-fee card: −$310

Annual rewards earned+$289

FX costs−$30

Annual fee−$150

Best for your spendingATB World Elite—$534Year 1 value

+$425 more than BMO Ascend World Elite Mastercard

Scroll down for the full breakdown

Earn Rates by Category

Wallet Optimizer

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The Bottom Line

ATB World Elite wins by $425/yr — strongest in groceries

ATB World Elite earns $65 more on groceries
BMO Ascend World Elite Mastercard earns $43 more on bills & utilities
$400 welcome bonus advantage

Groceries: +$65Bills & Utilities: +$43Travel: +$33

Showing Year 1 analysis

Year-over-Year

Year 1

ATB World Elite

by $425 — welcome bonus advantage

Year 2+

Too close to call

Data Sources

Issuer terms & conditions (verified Mar 2026)

Merchant MCC verification (239 merchants)

Insurance certificates (PDF review)

Reward program documentation

User-reported acceptance data

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ATB World Elite

BMO Ascend World Elite Mastercard

ATB World Elite wins by $425/yr — strongest in groceries

Dollar Value

Show calculation breakdown

Show calculation breakdown

Earn Rates by Category

Merchant Reality Check

Wallet Optimizer

Welcome Bonus

Fees & Foreign Exchange

Insurance & Benefits

Eligibility

The Bottom Line

Year-over-Year

Data Sources

ATB World Elite

BMO Ascend World Elite Mastercard

ATB World Elite wins by $425/yr — strongest in groceries

Dollar Value

Show calculation breakdown

Show calculation breakdown

Earn Rates by Category

Merchant Reality Check

Wallet Optimizer

Welcome Bonus

Fees & Foreign Exchange

Insurance & Benefits

Eligibility

The Bottom Line

Year-over-Year

Data Sources