Am I eligible?
To get this card, you must also:
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...
- Barry Choi, Money.caThere’s no denying that the sign-up bonus of 2,000 Air Miles and first year annual fee waiver* make this an appealing card, but who is the card best suited for in the long run? Those loyal to Air Miles should not hesitate to sign up for the card, since they’ll get the highest earn rate of any Air Mi...
- Victor, Yore OysterWith a generous welcome bonus of up to 2000 bonus miles and an introductory annual fee waiver for the first year, the BMO Air Miles World Elite Mastercard is one of Canada's best cards for accumulating air miles rewards. The card also offers several great travel perks and insurance coverage for thos...
- creditcardGeniusIf you’re an avid Air Miles collector, the BMO AIR MILES World Elite Mastercard is a card you’re going to want to consider adding to your wallet – especially if you use your Miles to redeem for flights within North America. And if you’re not a collector, the current sign-up offer of 3,000 Miles and...
- Enoch Omololu, SAVVY New CanadiansThe BMO Air Miles World Elite Mastercard is the best Air Miles credit card in Canada with 2,000 bonus Air Miles, comprehensive travel insurance, airport lounge access, high Air Miles rewards rate, and VIP perks.
- Heidi Unrau, HardbaconThis is probably one of the best Air Miles cards in Canada right now. With it’s attractive welcome offer, ways to earn Air Miles, and redemption flexibility you’ll never be boxed in. The BMO Air Miles World Elite Mastercard allows you to travel and save on your terms based on what’s the most importa...
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
20.99% |
| Balance Transfer Interest Rate |
23.99% 21.99% for Quebec residents |
| Cash Advance Interest Rate |
23.99% 21.99% for Quebec residents |
| Rates & Fees | |
| Annual Fee |
$120.00 Waived on the first year. |
| Balance Transfer Fee |
5% Maximum |
| Cash Advance Fee |
1% Minimum of $5 |
| 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 |
2000 miles after spending $3,000 On purchases within the first 3 months. |
| Rewards | |
| All Purchases |
1 mile for $12 spent |
| Restaurants | No |
| Gas | No |
| Groceries | No |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills | No |
| Additional Details |
|
| Features & Benefits | |
| Additional Card Holders |
$50 per year for each card |
| Travel Accident Insurance | Yes |
| Car Rental Insurance | Yes |
| Car Rental Discount | Yes |
| Extended Warranty | Yes |
| Purchase Protection | Yes |
| Zero Liability | Yes |
| No Foreign Transaction Fees | No |
| Emergency Assistance | No |
| Concierge Service | Yes |
| Price Protection | No |
| Fraud Protection | Yes |
| Free Credit Scores | Yes |
| Wireless Payments | Apple Pay |
| Virtual Cards | No |
| Additional Benefits |
|
| 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 |
$80,000 per year |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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