BMO AIR MILES® World Elite®* Mastercard®*  🇨🇦

Welcome Bonus
3,000 miles
  • 3X miles at participating AIR MILES partners
  • Premium Insurance
  • Accepted at Costco
Annual Fee
$120
First Year Annual Fee Rebate (terms apply)
Interest rates
Purchase Rates
20.99 %
Cash Advance Rates
23.99 %
21.99 % (QC)
Balance Transfer Rates
23.99 %
21.99 % (QC)
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BMO AIR MILES World Elite Mastercard
BMO AIR MILES® World Elite®* Mastercard®*
3,000 miles
Apply Now

Offer

  • Limited-time offer: Earn up to 3,000 bonus miles. That’s enough for $310 towards purchases with AIR MILES Cash!* Plus, get the $120 annual fee waived for the first year.
  • Earn over 10x faster than other AIR MILES collectors*:
    • Get 3x the Miles for every $12 spent at participating AIR MILES Partners and
    • 2x the Miles for every $12 spent at any eligible grocery store*.
    • 2x the Miles for every $12 spent at any eligible wholesale clubs, membership-based retailers and alcohol retailers*
    • Plus, 1 Mile for every $12 that you spend with your credit card everywhere else*
  • Plus, you now have the flexibility to move your Miles between Cash and Dream with our new Transfer Miles feature, so if you want to turn your Cash Miles into a dream vacation, go for it!
  • Enjoy a 7¢/L discount on Shell V-Power®± premium fuel and 2¢/L on all other Shell fuel every time you fuel up!
  • Use fewer miles with our exclusive 25% discount on an AIR MILES flight to any destination during the calendar year*.
  • Complimentary membership in Mastercard Travel Pass provided by DragonPass.*
  • Get valuable benefits and offers for digital everyday services from a variety of on-demand apps and subscription services
  • Unlock Mastercard Travel Rewards cashback offers when you travel and shop outside of Canada

Card Awards

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Best credit card – AIR MILES
Best Air Miles Travel Credit card

Fees & Conditions

Personal Income $80,000
Household Income $150,000
Annual Fee $120
First Year Annual Fee Rebate
First Additional Card $50
Other Additional Card $50
Foreign Transaction Fee 2.5%
Purchase Rates 20.99%
Cash Advance Rates 23.99%
Balance Transfer Rates 23.99%
Cash Advance Rate (QC) 21.99%
Balance Transfer Rates (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 3,000 miles
Minimum Spending Required $3,000
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
$2,000,000
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
Insurance Document

Our review

With this exclusive offer for the BMO® AIR MILES® World Elite Mastercard®*, you can earn 3,000 miles after $3,000 in purchases, representing a cash value of $315.

Besides, the annual fee is waived in the first year!

With this card, you earn 3 miles for every $12 spent at participating AIR MILES Partners. Then, earn 2 miles for every $12 in purchases at any eligible grocery store and wholesale club (warehouse like Costco) or alcohol retailer (SAQ, LCBO, etc.). Everywhere else, you’ll earn 1 AIR MILES mile for every $12 in purchases, including Walmart.

What’s more, it’s the only AIR MILES credit card in Canada to offer a 25% discount on AIR MILES flights to any destination during the calendar year.

The BMO® AIR MILES® World Elite®* Mastercard®* card also offers:

  • 7 ¢/L discount on Shell V-Power fuel and 2 ¢/L discount on all other Shell fuels
  • Excellent insurance for your travels and purchases
  • 2X miles for car rentals with National or Alamo

Frequently Asked Questions

Alternative Cards

4.25 Milesopedia Rating