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

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

The best AIR MILES Mastercard credit card. Earn AIR MILES Reward miles on all your purchases and get great insurance.

For a limited time, Get 3,000 AIR MILES Bonus Miles and the $120 annual fee waived in the first year with this exclusive offer!

Welcome Bonus

3,000 miles



Best For

Annual Fee

$120First Year Annual Fee Rebate (terms apply)

Purchase Rates

20.99 %

Cash Advance Rates

22.99 %

Balance Transfer Rates


  • 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

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 22.99%
Cash Advance Rate (QC) 21.99%


Welcome Bonus 3,000 miles
Minimum Spending Required $3,000
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 0.25
Air Canada 0.08
Streaming services 0.08
Recurring Payments 0.08



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 ≈ $315
Points earned with purchases to get the bonus up to $79
Annual fee $0
Value ≈ $394


Common Carrier Travel Accident Insurance Amount $500,000
Flight Delay Insurance Amount $500
Delayed Baggage Amount $200
Lost/Stolen Baggage Insurance Amount $750
Trip Cancellation Insurance Amount Per Person $2,500
Trip Interruption Insurance Amount Per Person $2,000
Travel medical insurance up to 64 years old
Travel medical insurance up to 64 years old - Duration 15 day(s)
Auto Rental Loss/Insurance - Amount MSPP $65,000
Purchase Protection - Amount $60,000
Purchase Protection - Duration 90 day(s)
Medical Travel Insurance
Extended Warranty
Extended Warranty - Duration 1 year(s)
Insurance Document Learn More
4.25 Milesopedia Rating