{"id":44049,"date":"2023-08-10T15:16:32","date_gmt":"2023-08-10T15:16:32","guid":{"rendered":"https:\/\/hardbacon.ca\/non-classifiee\/bmo-air-miles-mastercard-review\/"},"modified":"2026-08-23T21:37:55","modified_gmt":"2026-08-24T01:37:55","slug":"bmo-air-miles-mastercard-review","status":"publish","type":"post","link":"https:\/\/hardbacon.ca\/en\/credit-cards\/bmo-air-miles-mastercard-review\/","title":{"rendered":"BMO Air Miles Mastercard Review for 2022"},"content":{"rendered":"\n

It\u2019s no secret that Canadian air travelers want <\/span>a card that offers impressive Air Miles<\/span><\/a> earning potential. But with so many options out there, it can be hard to <\/span>choose the right card for your needs<\/span><\/a>. With the <\/span>BMO Air Miles Mastercard<\/span><\/a>, you\u2019ll earn extra Miles at participating Air Miles partners while getting additional perks you want from a credit card, with no annual fee. Something for nothing? Yes please! <\/span><\/p>\n\n\n\n

The BMO Air Miles Mastercard<\/a> is a solid choice if you love to travel on the cheap. While the base earn rate for the BMO Air Miles Mastercard is not as generous as other cards, it’s a great start for those new to credit<\/a>, <\/span>new to Canada<\/span><\/a>, or who just want a rewards card without a hefty annual fee.<\/span><\/p>\n\n\n\n

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Annual fee:<\/strong> $0<\/p>\n\n\n\n

Interest rate<\/strong>: 19.99%, cash advances 22.99% (Quebec residents 21.99%)<\/p>\n\n\n\n

Rewards earn rate:<\/strong> 3x the Miles for every $25 spent at participating Air Miles partners. 1 mile for every $25 spent on all other purchases. <\/p>\n\n\n\n

Balance transfer offer<\/strong>: 0.99% for the first 9 months + 1% transfer fee <\/p>\n\n\n\n

Additional card fee:<\/strong> $0<\/p>\n\n\n\n

Minimum income:<\/strong> $15,000 annual personal income<\/p>\n\n\n\n

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BMO Air Miles Mastercard sign-up offer<\/span><\/h2>\n\n\n\n

New cardmembers get up to 800 Air Miles Bonus Miles when they sign up and spend $1,000 on the card in the first 3 months. Once you reach the qualifying spend amount within the timeframe, your Bonus Miles will be credited to your account within 90 days. You\u2019ll also get a  1.99% introductory interest rate on <\/span>balance transfers<\/span><\/a> for 9 months, subject to a 1% transfer fee on the balance. <\/span><\/p>\n\n\n\n

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Who is eligible for this card? <\/span><\/h2>\n\n\n\n

The <\/span>BMO Air Miles Mastercard<\/span><\/a> is not particularly difficult to qualify for. Average <\/span>credit scores<\/span><\/a> and lower incomes are welcome. As long as you\u2019re the age of majority in your province, have a minimum income of at least $15,000 a year, and have an average credit score with no bankruptcies in the last 7 years you shouldn\u2019t have too much trouble. That\u2019s good news for those of us not on the <\/span>Hardbacon\u2019s richest list<\/span><\/a>. Of course, nothing is guaranteed and you are required to submit to <\/span>a credit check.<\/span><\/a>  <\/span><\/p>\n\n\n\n

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Earning Air Miles<\/span><\/h2>\n\n\n\n

BMO Air Miles Mastercard<\/span><\/a> holders earn 3X the Miles per $25 spent at Air Miles partners, and 1 Mile per $25 spent everywhere else. You can also double dip Air Miles when you use your BMO Air Miles Mastercard with the Air Miles Collector Card at Air Miles partner retailers. You\u2019ll also earn even more bonus Miles when you shop at partner retailers during Mega Miles promotional events. You can add additional cardholders to earn Miles faster, and there is no fee for a supplementary card. If you open a BMO Air Miles banking plan, you\u2019ll also earn Air Miles on your debit card purchases too. <\/span><\/p>\n\n\n\n

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Redeeming your Air Miles <\/span><\/h2>\n\n\n\n

Not only is the <\/span>BMO Air Miles Mastercard<\/span><\/a> a great no-fee reward card for travel lovers, but it\u2019s a great rewards card for homebodies too. The Air Miles program is flexible to suit whatever collectors value most which includes discounts and free stuff, not just travel perks. You can earn Air Miles in two ways: Cash Miles or Dream Miles. You can choose which ones you earn, or a combination of both. Dream Miles can be used for your classic travel expenses like flights and other travel needs, while Cash Miles can only be used in-store for discounts and free stuff.\u00a0<\/span><\/p>\n\n\n\n

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Extended warranty<\/span><\/h2>\n\n\n\n

The <\/span>BMO Air Miles Mastercard<\/span><\/a> comes with complimentary extended warranty protection on card purchases. Items purchased in full with this card automatically have the manufacturer’s warranty period doubled up to a maximum of one additional year. That could save you hundreds of dollars on pricey additional warranty protection add-ons from the retail when you buy things like big ticket items or expensive electronics. <\/span><\/p>\n\n\n\n

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Purchase protection <\/span><\/h2>\n\n\n\n

BMO Air Miles Mastercard<\/span><\/a> holders also get complimentary purchase protection insurance<\/a>. Items purchased in full with this card receive automatic protection against damage or theft 90 days from date of purchase. If your kids drop and break their brand new Nintendo Switch, you can breathe easy if you bought it with this card. Or maybe you stopped for lunch while holiday shopping and the gifts you just bought were stolen right out of your car. No sweat.\u00a0<\/span><\/p>\n\n\n\n

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Travel insurance<\/span><\/h2>\n\n\n\n

So here\u2019s the bad news, there isn\u2019t any travel insurance with the <\/span>BMO Air Miles Mastercard<\/span><\/a>. Bummer, I know. That\u2019s the trade-off for a no-fee Air Miles card. Having said that, it\u2019s still a worthwhile card for earning flexible Miles in one of Canada\u2019s largest and most well known loyalty programs. You\u2019ll just need to obtain your own travel insurance before you hightail it out of Canada. Use the <\/span>Hardbacon Travel Insurance Comparison Tool<\/span><\/a> to find the right travel insurance for your needs at the best price. Crisis averted! Whether its emergency medical coverage or trip cancellation protection, you\u2019ll have peace of mind knowing your bases are covered. <\/span><\/p>\n\n\n\n

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Who is the BMO Air Miles Mastercard for? <\/span><\/h2>\n\n\n\n

The <\/span>BMO Air Miles Mastercard<\/span><\/a> doesn\u2019t have the same bells and whistles as some other travel rewards cards. But that\u2019s not to say it isn\u2019t a great Air Miles card, because it is. This is one of the best no-fee Air Miles rewards cards out there. Think of it as the younger sibling to the <\/span>BMO Air Miles World Elite Mastercard<\/span><\/a>. Its an easy to get Air Miles credit card for those with lower incomes, newer to credit, or not crazy about fees. It just means the earn rate is lower and there are fewer perks. The <\/span>BMO Air Miles Mastercard<\/span><\/a> offers a fair trade with plenty of opportunity to earn more rewards, faster. <\/span><\/p>\n\n\n\n

Even if you already have another <\/span>credit card<\/span><\/a>, with the sign-up bonus of 800 Air Miles points, no annual fee, easy eligibility qualification, and one of the best travel rewards programs in Canada, the <\/span>BMO Air Miles Mastercard<\/span><\/a> offers a solid travel credit card with virtually zero expense to new cardmembers. To get the most out of your BMO Air Miles Mastercard, you\u2019ll want to shop at Air Miles partners as much as possible and really take advantage of those Mega Miles days. Consider adding an authorized user with a supplementary card to earn even more Miles. Despite the lower Air Miles earn rate, you can extract even more value when you use your Miles for last minute short-haul flights. After that, the best bang for your buck is to redeem your Miles for flights and concerts.<\/span><\/p>\n\n\n\n

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BMO Air Miles Mastercard Rating<\/b><\/h2>\n\n\n\n
Introductory Offer:<\/span><\/td>3.5\/5<\/span><\/td><\/tr>
Rewards<\/span><\/td>4\/5<\/span><\/td><\/tr>
Rates & Fees:<\/span><\/td>5\/5<\/span><\/td><\/tr>
Perks & Features:<\/span><\/td>4.5\/5<\/span><\/td><\/tr>
Total<\/span><\/td>4.25\/5<\/span><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
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 <\/span>Perks & Benefits<\/b><\/h2>\n\n\n\n

The <\/span>BMO Air Miles MasterCard<\/span><\/a> offers some good perks on top of the excellent air miles and bonus points. Some other benefits include:<\/span><\/p>\n\n\n\n