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

Business Card
Welcome Bonus
3,000 miles
  • 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
3,000 miles
Apply Now

Offer

Welcome Offer: Get over $1,000 in value.* This includes up to 3,000 AIR MILES bonus miles in the first three months (that’s $315 in value).*

Here’s how the welcome offer adds up:

  • Up to $315 in value (3,000 AIR MILES bonus miles) when you spend $5,000 in the first three months*.
  • $613 in value from your premium benefits*.
  • No annual fee for the first year*
  • Earn 1 Mile for every $12 you spend
  • Get 4x the Miles at participating AIR MILES partners
  • Get up to 7 cents off per litre on all your 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
$345
0 $
Annual Credit
Travel benefits
VIP Lounges
First Year Annual Fee Rebate
-
First year offer value
$494
-
Rewards Earned
$220
$220
Annual fee
-
$149
Net value
$715
$72

Advantages

Welcome Bonus amount 3,000 miles
Minimum Spending Required $5,000
Minimum Spending Timeframe (Months) 3 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

There may be a daily maximum amount depending on the type of fees paid

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 particularly rewards AIR MILES collectors who wish to separate their personal and business spending.

You can earn a welcome bonus of 3,000 AIR MILES 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 various 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

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