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

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

Earn Reward Miles with the BMO AIR MILES World Elite Business Mastercard. Earn up to 4x the miles and use your card at Costco.

Take advantage of this limited-time welcome offer!

Welcome Bonus

Up to 3,000 miles

Value

$347

Best For

Annual Fee

$149

First Year Annual Fee Rebate (terms apply)
Purchase Rates

19.99 %

Cash Advance Rates

22.99 %

Balance Transfer Rates

22.99 %


Offer

Offer
  • Welcome offer: Get 3,000 AIR MILES Bonus Miles when you spend a minimum of $5,000 in the first three months. Plus, we’ll waive the $149 annual fee for the first year!
  • No annual fee for the first year*.
  • Get 4x the Miles when you use your card at participating AIR MILES partners
  • Get 1 Mile for every $12 you spend*
  • You can now use your BMO Mastercard at Costco stores across Canada
  • Become A Cardholder & Get Access To Virtual On-Demand Healthcare With Maple*
  • 25 payment grace days*
  • Get up to 22 additional cards so employees can easily make purchases on behalf of your business and help you earn points faster* (employee cards have an annual fee of $50)

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 19.99%
Cash Advance Rates 22.99%
Balance Transfer Rates 22.99%
Cash Advance Rate (QC) 21.99%

Advantages

Welcome Bonus Up to 3,000 miles
Minimum Spending Required $5,000
Minimum Spending Timeframe 90 day(s)
Rewards Type Travel points
Transfer Partners AIR MILES
Loyalty Program AIR MILES
All Spending 0.08
Travel 0.08
Local Transport 0.08
Dining and Food delivery 0.08
Groceries 0.08
Convenience Stores 0.08
Gas 0.08
Drugstores 0.08
Office Supplies 0.08
Telecom/Internet 0.08
Entertainment 0.08
Online transactions 0.08
AIR MILES partners 0.33
Air Canada 0.08
Streaming services 0.08
Recurring Payments 0.08
Costco

Value

Value
We estimate the value of the welcome offer during the first year for all the credit card offers. Are taken into consideration:

  • The value of cash back or points earned
  • The value of the benefits or credits earned with the Card
  • The annual fee value (offered or not)
Calculation of the offer value
in the first year
Value per point 10.5 ¢
Welcome bonus approximately $315
Points earned with purchases to get the bonus
(1 mile per $10 in purchases)
about $31.5
Annual fee $0
Value about $347

Insurance

Common Carrier Travel Accident Insurance Amount $500,000
Common Carrier Travel Accident Insurance
Delayed Baggage Amount $500
Auto Rental Loss/Insurance - Amount MSPP $65,000
4 Milesopedia Rating