BMO Air Miles Mastercard
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The BMO AIR MILES Mastercard lets you earn AIR MILES Reward Miles on every purchase, helping you fly farther, faster. You can instantly redeem your Miles online or in-store for everyday purchases at participating Cash Reward Partners with AIR MILES Cash Rewards. Additionally, you can plan your next adventure with Travel Rewards, allowing you to book flights, hotels, cruises, vacation packages, and car rentals using your AIR MILES. For those looking to treat themselves or enhance their home, the Dream Rewards program offers a wide range of options. From spa passes to movie tickets, there’s something to delight everyone.
Welcome Offer: Earn 800 bonus AIR MILES, which is equivalent to $80 towards purchases with AIR MILES Cash. Additionally, take advantage of an introductory interest rate of just 0.99% on balance transfers for the first 9 months, with a 2% transfer fee.
Card Summary:
Rewards Summary:
With this credit card, you earn 3 Miles for every $25 spent at participating AIR MILES Partners. At eligible grocery stores, you get double the Miles, earning 2 Miles for every $25 spent. Additionally, when you opt-in, you can double your Shell Go+ Miles on eligible fuel and in-store purchases, earning 4 times the miles.
Benefits Summary:
This credit card offers several valuable benefits. You can enjoy up to 25% off rentals at participating National Car Rental and Alamo Rent a Car locations. For entertainment, get 15% off admission to Cirque du Soleil shows touring Canada and 20% off resident shows in Las Vegas. Manage your card easily with features like alerts, the ability to lock/unlock your card, and lost/stolen card reporting. Stay secure with Visa Secure protection. Plus, you get free, 24/7 access to CreditView, allowing you to monitor your credit score without affecting it.
Coverage Summary
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Extended warranty and purchase protection.
Editor’s Review
BMO AIR MILES Mastercard Review
Card Summary
The BMO AIR MILES Mastercard is an excellent choice for those looking to accumulate AIR MILES with every purchase. With no annual fee and a variety of rewards and benefits, it’s designed for travelers and everyday spenders alike. Key features include:
- Annual Fee: $0
- Purchase Rate: 20.99%
- Cash Advance Rate: 22.99%
- Balance Transfer Rate: 0.99% for the first 9 months (2% transfer fee)
Welcome Offer
- Bonus AIR MILES: Earn 800 bonus AIR MILES, equivalent to $80 towards AIR MILES Cash purchases.
Rewards Program
The BMO AIR MILES Mastercard offers a versatile rewards program that allows you to earn and redeem AIR MILES across a variety of categories:
- Participating AIR MILES Partners: Earn 3 Miles for every $25 spent.
- Eligible Grocery Stores: Earn 2 Miles for every $25 spent.
- Shell Go+ Program: Double your Miles on eligible fuel and in-store purchases, earning 4 times the miles.
Benefits Summary
In addition to its strong rewards program, the BMO AIR MILES Mastercard offers several benefits:
- Travel Discounts: Up to 25% off rentals at participating National Car Rental and Alamo Rent a Car locations.
- Entertainment Discounts: 15% off admission to Cirque du Soleil shows in Canada and 20% off resident shows in Las Vegas.
- Card Management Features: Includes alerts, the ability to lock/unlock your card, and lost/stolen card reporting.
- Credit Monitoring: Free, 24/7 access to CreditView, allowing you to monitor your credit score without affecting it.
- Visa Secure: Added protection for online purchases.
Insurance Coverage
The BMO AIR MILES Mastercard includes essential insurance coverage:
- Extended Warranty: Extends the manufacturer’s warranty on eligible purchases.
- Purchase Protection: Protects new purchases against theft or damage for 90 days.
Security Features
BMO AIR MILES Mastercard offers robust security features, including:
- Fraud Detection: Real-time monitoring to prevent unauthorized transactions.
- Zero Liability Protection: Ensures you are not held responsible for fraudulent charges.
- Card Lock: Easily lock/unlock your card through the app if it’s lost or stolen.
Comparison with Similar Cards
To help you decide if the BMO AIR MILES Mastercard is right for you, here’s a comparison with similar no-annual-fee rewards cards:
| Feature | BMO AIR MILES Mastercard | TD Aeroplan Visa Infinite | Scotiabank Gold American Express |
|---|---|---|---|
| Annual Fee | $0 | $139 | $120 (waived first year) |
| Purchase Rate | 20.99% | 19.99% | 19.99% |
| Rewards Program | 3 Miles per $25 at Partners, 2 Miles per $25 at Groceries, 4x Miles at Shell | 1.5 miles per $1 on grocery, gas, and aircanada.com; 1 mile per $1 on all other purchases | 5x points on groceries, dining, and entertainment; 3x points on gas, transit, and streaming services; 1x points on all other purchases |
| Travel Discounts | 25% off car rentals | 25% off car rentals | Up to 10% off car rentals |
| Entertainment Discounts | 15%-20% off Cirque du Soleil | None | None |
| Insurance | Extended warranty, purchase protection | Travel insurance, purchase protection | Travel insurance, purchase protection, mobile device insurance |
| Additional Perks | Free CreditView access | Priority boarding, free first checked bag | Access to American Express Invites and special offers |
Verdict
The BMO AIR MILES Mastercard is a fantastic choice for those looking to earn AIR MILES on everyday purchases and enjoy flexible redemption options. With no annual fee and a range of benefits, it caters to both travelers and regular shoppers. The generous welcome offer and introductory balance transfer rate add further appeal.
However, if you prefer a card with more comprehensive travel insurance or broader rewards categories, you might consider alternatives like the TD Aeroplan Visa Infinite or the Scotiabank Gold American Express. Overall, the BMO AIR MILES Mastercard is a strong option for maximizing AIR MILES rewards and enjoying various discounts and perks.
View other BMO credit cards.
Please note that the information provided on this site is not intended to be construed as professional or financial advice. For the latest and most accurate information on rates, terms, and conditions, kindly refer to the official webpage of the credit card.
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