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

Card Features

  • Welcome offer: Get up to $1,000 in value including up to 7,000 AIR MILES Bonus Miles and no annual fee in your first year.* Plus, get 0% introductory interest rate on Balance transfers for 12 months with a 2% transfer fee.*
  • Get 3x the Miles for every $12 spent at participating AIR MILES Partners. Get 2x the Miles for every $12 spent at any eligible grocery store, wholesale club, membership-based retailer and alcohol retailer.*
  • 2x the Miles for every $12 spent at any eligible wholesale clubs, membership-based retailers and alcohol retailers.*
  • Plus, 1 Mile for every $12 that you spend with your credit card everywhere else*
  • NEW: Plus, you now have the flexibility to move your Miles between Cash and Dream with our new Transfer Miles feature, so if you want to turn your Cash Miles into a dream vacation, go for it!*
  • Complimentary membership in Mastercard Travel Pass provided by DragonPass.*
  • Use less Miles with our exclusive 25% discount on one worldwide AIR MILES flight redemption during the calendar year.*
  • BMO AIR MILES World Elite Travel and Medical Protection*: Get Collision Damage Waiver benefits on rental cars, 15 days of Out-of-Province/Out-of-Country Emergency Medical coverage of up to $5 million, and more.
  • Extended Warranty
  • Purchase Protection*
  • Use your BMO AIR MILES Mastercard and AIR MILES Collector Card at an AIR MILES sponsor to earn reward miles from both.*
  • Enjoy six months of Instacart+ and a $10 monthly Instacart credit when you enroll your eligible BMO Credit Card.*
  • BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information
*Terms and conditions apply

Interest Rates

Purchase APR: 21.99%

Balance Transfer APR: 23.99% (21.99% for Quebec residents)

Cash Advance APR: 23.99% (21.99% for Quebec residents)

Annual Fee

$120

Pros

  • AIR MILES & World Elite benefits
  • Excellent signup bonus

Cons

  • Not a low rate card

Bonus Offer

Welcome offer: Get up to $1,000 in value including up to 7,000 AIR MILES Bonus Miles and no annual fee in your first year.* Plus, get 0% introductory interest rate on Balance transfers for 12 months with a 2% transfer fee.*

Introductory Rates

Reward Earnings Rate

Earn 1 reward mile for every $12 in credit card purchases

Additional Details

Grace Period: 21 Days

Minimum Credit Limit: 80k (150k HHI)

Fees