Offer
- Limited time offer: Get 3,000 AIR MILES Bonus Miles! That’s enough for $310 towards your purchases with AIR MILES Cash!
- Plus, get $120 annual fee waived for the first year.*
- Get 3x the Miles for every $12 spent at participating AIR MILES Reward Partners.*
- Earn 1 reward mile for every $12 in credit card purchases, everywhere you spend*
- Exclusive 15% Flight Discount on all AIR MILES flights in North America with no blackout periods*
- Get valuable benefits and offers for digital everyday services from a variety of on-demand apps and subscription services
- Access over 1 million Wi-Fi hotspots around the world – all at no added cost, and no added fees or roaming charges*
- Complimentary membership in Mastercard Airport Experiences provided by LoungeKey, with exclusive VIP access*
- BMO AIR MILES World Elite Travel and Medical Protection*
- BMO Concierge Service
- Unlock Mastercard Travel Rewards cashback offers when you travel and shop outside of Canada
Fees & Conditions
Value
Reward points value
We have established a valuation of the reward point in cents for each loyalty program. More information on the points valuation page.
First-year value
For all credit cards offers, we estimate the value of the welcome offer (bonus, annual fee rebate) in the first year, plus the value of the rewards earned based on your purchases entered in the calculator for the six categories:
- Grocery
- Gas/Transit
- Meals
- Travel
- Bills
- Other purchases
First-Year Net Value = Welcome Bonus Value + Benefits (Annual Credit, VIP lounges, etc.) + Earned Rewards – First-Year Annual Fee
Value of subsequent years
For the value of subsequent years, we consider the earned rewards based on your purchases indicated in the calculator and any benefits offered.
Subsequent years’ net value = Earned Rewards + Benefits (Annual Credit, VIP lounges, etc.) – Annual fee
VIP lounges:
For credit cards with complimentary airport lounge access, this benefit is calculated as follows:
- 1 access = $40
- Unlimited access = $400 (the value of 10 annual visits)
Advantages
Earnings
Insurance
Legal
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