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

BMO AIR MILES®† World Elite®* Business Mastercard®*
Welcome Bonus
Up to 3,000 miles
Annual Fee
$149
First Year Annual Fee Rebate (terms apply)
  • 4X miles at participating AIR MILES partners
  • Virtual health care offered by Maple
  • Accepted at Costco
Interest rates
Purchase Rates
19.99 %
Cash Advance Rates
22.99 %
Balance Transfer Rates
22.99 %

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%

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

Welcome Bonus amount Up to 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 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
$500,000
Flight Delay Insurance
Delayed Baggage Insurance
$500
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
$65,000
48 day(s)
Hotel/Motel Burglary Insurance

Other Insurance

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