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

Business Card
Welcome Bonus
Up to 8,000 miles
Ends Jun 12, 2026
  • 4X miles at participating AIR MILES partners
  • Virtual health care offered by Maple
  • Accepted at Costco
Annual Fee
$149
First Year Annual Fee Rebate (terms apply)
Interest rates
Purchase Rates
20.99%
Cash Advance Rates
23.99%
Balance Transfer Rates
23.99%
BMO AM World Elite Business Mastercard RGB Fre-for online
BMO AIR MILES®† World Elite®* Business Mastercard®*
Business Card
Up to 8,000 miles
Ends Jun 12, 2026
Apply Now

Offer

Welcome Offer: Get more for your business with up to $1,600 in value! This includes 8,000 AIR MILES bonus miles in the first year (that’s $840 in Cash Miles).*

Here's how the welcome offer adds up:

  • $149: The annual fee waiver in the first year*
  • $613: Premium benefits including five free virtual care visits on Maple shared by you ($520 based on the approximate annual value of 5 GP) plus complimentary membership in Mastercard Travel Pass provided by DragonPass ($93 CAD = $68 USD based on an approximate exchange rate of $1.38 USD as of November 1, 2023)*
  • $840: Value in 8,000 Cash Miles*
  • Get 1 Mile for every $12 you spend*
  • Get 4x the Miles when you use your card at participating AIR MILES partners
  • Get up to 7 cents off per litre on all Shell®± fuel*

Fees & Conditions

Personal Income $0
Household Income $0
Annual Fee $149
First Year Annual Fee Rebate
First Additional Card $0
Foreign Transaction Fee 2.5%
Purchase Rates 20.99%
Cash Advance Rates 23.99%
Balance Transfer Rates 23.99%

Value

Calculate the rewards
Your Monthly Spending
Year 1
Year 2+
Welcome Bonus
0 $
Annual Credit
Travel benefits
VIP Lounges
First Year Annual Fee Rebate
-
First year offer value
Rewards Earned
Annual fee
Net value

Advantages

Offer ends on Jun 12, 2026
Welcome Bonus amount Up to 8,000 miles
Minimum Spending Required $35,000
Minimum Spending Timeframe (Months) 12 month(s)
Costco

Earnings

Per dollar of purchases

All Spending 0.08 mile
Groceries 0.08 mile
Gas 0.08 mile
Dining and Food delivery 0.08 mile
Convenience Stores 0.08 mile
Drugstores 0.08 mile
Local Transport 0.08 mile
Travel 0.08 mile
Entertainment 0.08 mile
Recurring Payments 0.08 mile
Telecom/Internet 0.08 mile
Streaming services 0.08 mile
Online transactions 0.08 mile
Office Supplies 0.08 mile

Insurance

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
$5,000,000
15 day(s)
Travel medical insurance up to 64 years old
$5,000,000
15 day(s)
Travel medical insurance 65+
Trip Cancellation Insurance
$1,500
Trip Interruption Insurance
$2,000
Common Carrier Travel Accident Insurance
$500,000
Flight Delay Insurance
$500
Delayed Baggage Insurance
$500
Lost/Stolen Baggage Insurance
$500
Auto Rental Loss/Insurance
$65,000
48 day(s)
Hotel/Motel Burglary Insurance
$1,000

This section sets out the maximum coverage amounts or periods. Please review your insurance certificate for details, exclusions and limitations of your coverage, terms and conditions apply.

Other Insurance

Insurance Name
Included
Amount
Duration
Extended Warranty
1 year
Purchase Protection
90 day(s)
Mobile Device Insurance
Price Protection

Our review

The BMO AIR MILES® World Elite®* Business Mastercard is particularly attractive to AIR MILES collectors who want to keep their personal and business expenses separate.

You can earn a welcome bonus of 8,000 AIR MILES in your first year! In addition, there is no annual fee for the first year.

You earn 4x the Miles when you use your card at participating AIR MILES Partners. And 1 Mile for every $12 you spend everywhere else, including Costco.

With the BMO AIR MILES World Elite Business Mastercard, you benefit from a variety of travel protections:

  • Collision Damage Waiver
  • Car Rental Personal Effects & Business Property
  • Car Rental Accidental Death & Dismemberment
  • Baggage & Personal Effects
  • Baggage insurance in case of delay
  • Flight Cancellation
  • Trip Interruption/Trip Delay
  • Flight delay
  • Common Carrier Insurance

And for your purchases:

  • Extended Warranty
  • Purchase Protection

Frequently Asked Questions

Alternative Cards

4

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