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)


Annual Fee: $120
Additional Card Fee: $0
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%


  • 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® World Elite®* Mastercard®* Review

Welcome Bonus: Get up to 2,000 AIR MILES Bonus Miles
BMO® AIR MILES® World Elite®* Mastercard®* snapshot

BMO® AIR MILES®† World Elite®* Mastercard®*Review

Get up to 2,000 AIR MILES Bonus Miles 

$120 annual fee waive for the first year

Get 1 Mile for every $10 in credit card purchases

BMO® AIR MILES® World Elite®* Mastercard®* Rewards
BMO® AIR MILES® World Elite®* Mastercard®* Features
Priority airport services
Airport lounge access
Concierge service
Balance protection(Optional)
Purchase Security & Extended Protection Insurance
Flight delay insurance,Baggage Insurance
Vehicule rental insurance
Travel accident insurance
Travel medical insurance
BMO® AIR MILES® World Elite®* 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® World Elite®* Mastercard®* FAQs

Other Recommended Credit Cards


  • Complimentary membership in Mastercard Airport Experiences provided by LoungeKey, with exclusive VIP access, plus two annual complimentary passes
  • Miles twice at AIR MILES partners when you show your AIR MILES Card too
  • BMO AIR MILES World Elite Travel and Medical Protection offering 15 days of Out of Province / Out of Country Emergency Medical protection up to $2MM, Collision Damage Waiver on rental cars, and more.
  • purchase protection and extended warranty on most items bought with your card

Other features you can add:


  • InfoProtector 360
  • BMO Credit Card Balance Protection
  • BMO Roadside Assistance

Editor`s Review:

BMO® AIR MILES®† World Elite®* Mastercard®* offers consumers some of the best travel rewards in Canada. Air Miles is affiliated with numerous retail partners, from gas stations and grocery stores to travel outlets and liquor stores. Frequent travelers and savvy collectors could be hooked by this card, as they can dramatically boost their earning rate. If you also have the BMO premium chequing account, you can even benefit from an annual rebate.


This card comes with purchase protection, travel insurance benefits and airport lounge access. You can waive the annual fee of $120 for the first year while getting 1 Air Mile rewards for every $10 you spend. As a welcome offer, you can get 2,000 bonus miles. One air mile is worth $0.105. The purchase interest rate of this card is $19.99, but the income requirements are $80.000 per individual or $150.000 as a household.


This card is excellent for frequent travelers, air miles collectors and high-income earners. Some of its best features are: access to private lounges, accelerated miles earning, robust travel insurance, together with numerous purchase protection benefits. If you travel frequently to North America, you can also leverage the BMO AIR MILES World Elite Mastercard to gain a 15% discount.

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Author Bio

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.