Card Details

Bank Name: BMO
Network Type: Mastercard
Card Type: Personal
MRC Rating My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category.: (4)

Fees

Annual Fee: $0
Additional Card Fee: $0
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%

Eligibility

  • You're a Canadian resident
  • You've reached the age of majority in your province or territory

Recommended Credit Score

Average to Excellent (670-900)

BMO® AIR MILES® Mastercard®* Review

Welcome Bonus:
 
BMO® AIR MILES® Mastercard®* snapshot
BMO® AIR MILES® Mastercard®* Review

Welcome offer: Get 950 AIR MILES Bonus Miles (that’s enough for $100 towards purchases with AIR MILES Cash) and a 1.99% introductory interest rate on Balance Transfers for 9 months with a 1% transfer fee.

Get 2x the Miles for every $20 spent at participating AIR MILES Partners

Get 1 Mile for every $20 spent everywhere else

Get AIR MILES Reward Miles for every credit card purchase. Here's how it works:

  • Spend $750 monthly on card purchases
  • Get 540 Miles annually
  • Redeem 95 Cash Miles = $10
  • Flights start at 1200 Dream Miles
BMO® AIR MILES® Mastercard®* Rewards
BMO® AIR MILES® Mastercard®* Features
Priority airport services
No
Airport lounge access
No
Concierge service
No
Balance protection(Optional)
No
Purchase Security & Extended Protection Insurance
Yes
Flight delay insurance,Baggage Insurance
No
Vehicule rental insurance
Yes
Travel accident insurance
No
Travel medical insurance
Yes
BMO® AIR MILES® Mastercard®* User Reviews
Total Reviews: 0

Rating: 1 2 3 4 5 ( 4 )

Application Experience: 1 2 3 4 5

Rewards/Features: 1 2 3 4 5

Customer Service: 1 2 3 4 5

Convenience: 1 2 3 4 5

Likelihood to recommend: 1 2 3 4 5

BMO® AIR MILES® Mastercard®* FAQs
 

Other Recommended Credit Cards

Advantages:

  • More Miles when you add additional cardholders for free
  • Get up to 25% off at National and Alamo at participating locations
  • More Miles when you also use your Collector Card at AIR MILES partners
  • Purchase protection and extended warranty on most items bought with your card
 

Editor`s Review:

This card is quite common in Canada, especially as it requires a minimum personal income of just $15,000. It works perfectly for fair and good credit scores and has a purchase APR of 19.99%. You get 800 sign up points and can enjoy the perks offered by the BMO AIR MILES Mastercard with a 0$ annual fee.

 

The BMO AIR MILES Mastercard has remained one of the most popular loyalty credit cards in Canada over the years, especially due to the no annual fee and superb 800-points sign-up bonus. You can get 2x the number of miles for every $20 that you spend at AIR MILES partners, plus 1 mile for every $20 you spend everywhere else. With simple research, you quickly realize that you get back around $2.55 for every $100 you spend. For example, for a flight of $600, you'll get back around $15.

 

Even if travel is not your thing, you can successfully use the BMO AIR MILES Mastercard for daily purchases, or to consolidate debt thanks to the low 1.99% interest rate. You can get as many authorized users as you want on your card, so you can accumulate even more AIR MILES points.

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Click on the user reviews tab above to leave a review

 

Author Bio

User
Mohamed Konate

Mohamed Konate is a personal finance expert, blogger, and marketing consultant based out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where he managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook.