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
Legal
Legal
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*Terms and conditions apply