🎁 Get 800 AIR MILES Bonus Miles
The BMO AIR MILES Mastercard is a popular choice for those looking to maximize their rewards through everyday spending. With a range of benefits tailored to help you earn AIR MILES, this card offers a variety of advantages and a few drawbacks. Let’s dive into what makes this card a potential fit for your wallet.
Welcome Offer and Earning Potential
One of the standout features of the BMO AIR MILES Mastercard is its limited-time welcome offer. New cardholders can earn up to 800 bonus AIR MILES, which is a great head start for those aiming to accumulate miles quickly.
Beyond the welcome offer, the card allows you to earn AIR MILES on every purchase. For every $25 spent at participating AIR MILES partners, you earn 3 miles, while eligible grocery stores offer 2 miles for the same amount. Additionally, all other purchases earn you 1 mile per $25 spent.
- Participating Partners: 3 miles per $25
- Eligible Grocery Stores: 2 miles per $25
- Everywhere Else: 1 mile per $25
Savings at Shell and Other Retailers
Cardholders enjoy significant savings at Shell gas stations. You can get up to 7 cents off per liter on Shell fuel, a benefit exclusive to BMO cardholders. Additionally, you can double your Shell Go+ miles on eligible fuel and in-store purchases, earning 4x the miles.
Other retailers, including wholesale clubs and membership-based retailers, also offer 2x the miles, enhancing your earning potential across various shopping categories.
Redemption Options and Flexibility
The BMO AIR MILES Mastercard provides flexible redemption options tailored to your lifestyle. Whether you prefer travel rewards, dream rewards, cash rewards, or transferring miles, this card offers it all. You can instantly use your miles online or in-store at participating partners for everyday purchases or redeem them for e-vouchers from your favorite brands.
Additional Benefits and Features
This card comes with no annual fee, making it a cost-effective option for budget-conscious users. The purchase interest rate is 20.99%, while cash advances are at 22.99%. These rates are competitive, though it’s essential to manage your balance to avoid high-interest charges.
For a personalized experience, the card offers a reward miles calculator. Adjust the slider to estimate your potential earnings based on your spending habits. Furthermore, adding another cardholder is free, allowing you to earn even more miles together.
Travel and Booking Discounts
With the BMO AIR MILES Mastercard, you can save up to 20% on National Car Rental and Alamo Rent a Car, plus up to 5% on Enterprise Rent-A-Car worldwide. Additionally, cardholders receive up to 7% savings on Booking.com prepaid hotel or property rentals, making it a great option for frequent travelers.
Pros and Cons
To summarize, let’s look at the pros and cons of the BMO AIR MILES Mastercard.
Pros
- No annual fee
- Attractive welcome offer of up to 1,500 AIR MILES
- Flexible redemption options
- Significant savings at Shell and other retailers
- Travel discounts with major car rental companies and Booking.com
Cons
- Higher interest rates on purchases and cash advances
- Limited to AIR MILES partners for maximum rewards
Who Should Consider This Card?
The BMO AIR MILES Mastercard is ideal for individuals who frequently shop at AIR MILES partners and Shell gas stations. It’s also suitable for those who prefer a no-annual-fee card with flexible redemption options and travel discounts. However, if you carry a balance regularly, it’s important to consider the higher interest rates.