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 - 2 Miles
Signup Bonus
400 miles (after spending $1,000)


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...


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 $3.50

$5.00 fee charged at a financial institution/ATM outside Canada.

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 400 miles after spending $1,000

- On purchases within the first 3 months.

- Get 400 Bonus Miles after your first credit card purchase.

Rewards
All Purchases 1 mile for $20 spent
Restaurants No
Gas No
Groceries No
Hotels No
Travel 2 miles for $20 spent

At participating AIR MILES Partners

Pharmacy No
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
More
Additional comments
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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Critic Reviews


Rewards Canada

One of the best no fee AIR MILES cards inthe market

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 c...More

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. If you are neck deep in the AIR MILES program but have an American Express AIR MILES card as your primary card than this card can make a good back for those merchants that don't accept Amex like Costco. However if you have well established credit, travel at least once a year, or are looking to rake in rewards as fast as you can there are other options that are better for you.

Read full review

Less

Money We Have

A decent no annual fee credit card

from 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 be...More

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 annual fee AIR MILES credit card in Canada.

Read full review

Less

GreedyRates.ca

Canada’s most popular no fee loyalty credit cards

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.

Read full review

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.

Read full review

Less

Wallet Savvy

Offers great rewards for the right individual

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 rating.

Read full review

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 rating.

Read full review

Less

User Reviews


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