Best Air Miles Credit Cards in Canada for 2024

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 $20.99, 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.

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.

The BMO Air Miles Business Mastercard is conjoined with the Air Miles rewards program, as the name implies. Cardholders can earn Air Miles rewards while they spend within their business. The current earning rate is 1 Air Mile Reward Mile on every $10 spent. When cardholders spend at Shell, they earn 1.25 times the Miles. This card is an excellent option for businesses that operate with vehicles that require frequent gas refills.

The annual fee of this credit card is $120, but the charge will be waived in the first year of ownership. Another sign up perk is the 3,000 Air Miles bonus offer. When you make your first purchase with the credit card, you’ll earn 1,000 Air Miles. The remaining 2,000 Air Miles bonus is earned if you spend $5,000 within the first three months of ownership. These sign up bonuses are currently being offered until October 31, 2020.

The other perks of this credit card include travel protection, extended warranty, purchase protection and optional employee cards. These benefits can enhance your business operations and provide additional assurance for some of the purchases your business incurs.

BMO has partnered with the Air Miles rewards program to bring their customers the BMO Air Miles No Fee Business Mastercard. Cardholders earn 1.25 times the Air Miles for every $20 spent at Shell gas stations. If your business regularly requires gas fill ups, this is a great way to earn Air Miles while you operate your business. When you spend $20 anywhere else, you’ll earn 1 Air Mile.

As the name suggests, there is no annual fee for this credit card. This is a great credit card for businesses who want to try it out without making a commitment to an annual fee. Other benefits of this credit card include optional employee cards, rebates through Mastercard Easy Savings, extended warranty and purchase protection.

If you like the features of this card, BMO is currently offering a welcome Air Miles bonus until October 31, 2020. The bonus is worth 1,000 Air Miles in total. You’ll earn the first 500 Miles when you make your first purchase with the credit card. The second 500 Miles can only be earned if you spend $2,500 in the first three months of card ownership.