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BMO® Air Miles® Mastercard® review

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Advertiser Disclosure

Interest Rate: Purchases
19.99%
Balance Transfer
22.99% (1.99% for the first 9 months)
Rewards
1 - 3 Miles
Signup Bonus
800 miles (after spending $1,000)


7/10
Informr score
The BMO® Air Miles® Mastercard® currently has an Informr score of 7 out of 10. This score is based on our evaluation of 5 sources including reviews from users and the web's most trusted critics.

Am I eligible?


BMO® Air Miles® Mastercard® is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada
Yes Have a minimum personal income of $15000.

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


HowToSaveMoney.ca

- HowToSaveMoney.ca
Rewards Canada

For newcomers to the miles and points game, students, first time credit seekers or those looking for a no-fee AIR MILES card to add to their credit card portfolio the BMO AIR MILES Mastercard can be the right choice. The nice sign up bonus that comes at no charge to you is the best part of this card...

- Rewards Canada
Money We Have

I can’t consider the BMO AIR MILES Mastercard as one of the best travel credit cards in Canada due to a lack of premium travel perks, travel insurance and low welcome bonus. However, my BMO AIR MILES Mastercard review is still positive has it’s a decent no annual fee credit card and is the best no a...

- Barry Choi, Money We Have
GreedyRates.ca

With the sign-up bonus now at 500 Air Miles (no minimum spend requirement) with no annual fee, this card offers superb value. With no annual fee, there’s absolutely no risk putting another card in your wallet, and you’re getting $75 of house money to play with. Free is always worth it.

- GreedyRates Team, GreedyRates.ca
Wallet Savvy

This particular BMO Air Miles Mastercard is great for somebody who has moderate to low annual credit card spending. It's also excellent for those who want to rack up Air Miles without having to pay an annual fee. Of course, it's also great for those looking to establish and build a stronger credit r...

- Wallet Savvy

Details


Interest Rates
Regular APR Interest Rate 19.99%
Balance Transfer Interest Rate 22.99% (1.99% for the first 9 months)
Cash Advance Interest Rate 22.99%
Rates & Fees
Annual Fee $0.00
Balance Transfer Fee 3%
  • Maximum
  • 1% introductory transfer fee
Cash Advance Fee $5.00
Foreign Transaction Fee 2.5%

Transactions made in a foreign currency will be converted and posted to your account in Canadian currency.

Over Limit Fee $29.00
Late Payment Fee $0.00
Promotions
Sign up bonus 800 miles after spending $1,000
On purchases within the first 3 months.
Rewards
All Purchases 1 mile for $25 spent
Restaurants No
Gas 3 miles for $25 spent

At participating AIR MILES Partners

Groceries 3 miles for $25 spent

At participating AIR MILES Partners

Hotels No
Travel 3 miles for $25 spent

At participating AIR MILES Partners

Pharmacy 3 miles for $25 spent

At participating AIR MILES Partners

Bills No
Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments Apple Pay
Virtual Cards No
Additional Benefits

Get up to 25% off at National and Alamo at participating locations

Eligibility
Minimum Security Deposit $0
Minimum Age

18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces.

Minimum Personal Income $15,000 per year
Temporary Residents No
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Additional comments
Terms & Conditions Official Terms & Conditions
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