BMO AIR MILES World Elite Mastercard Review

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Earn AIR MILES on everyday purchases and get to your next destination faster and cheaper.

Earn a bonus of up to 3,000 AIR MILES. Terms apply. Plus, get the annual fee of $120 waived in the first year.

19.99%

Purchase Interest Rate

$0 annual fee for the first year ($120 thereafter)

Annual Fee

Details

Product NameBMO AIR MILES World Elite Mastercard
RewardGet 1 AIR MILE for every $10 spent on eligible purchases.
Welcome OfferEarn a bonus of up to 3,000 AIR MILES. Terms apply. Plus, get the annual fee of $120 waived in the first year.
Purchase Interest Rate19.99%
Cash Advance Rate22.99%
Balance Transfer Rate22.99%
Interest Free Period Up to 21 days
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More Info

30-second take

  • Think about this card if you collect AIR MILES and want comprehensive insurance.
  • Choose something else if you’d rather have a low interest rate or don’t want to pay an annual fee.
  • Your minimum annual income needs to be $80,000, or you should have a household income of $150,000.

The basics

Dreaming of your next big vacation? If you’re a frequent flyer and a loyal AIR MILES member, then the BMO AIR MILES World Elite Mastercard could be just the ticket.

  • Earn AIR MILES. Get 1 AIR MILE for every $10 spent on eligible purchases.
  • Flexible redemption. Cash your miles in for travel, merchandise or cash back rewards.
  • Earn 2x the rewards. Earn miles twice at AIR MILES partners when you show your membership card.
  • Welcome bonus. Earn a bonus of up to 3,000 AIR MILES. Terms apply. Plus, get the annual fee of $120 waived in the first year.
  • Purchase protection. Protect the items you buy on your card with extended warranty and insurance coverage.
  • Travel insurance. Get travel and medical protection with emergency medical protection and other travel insurance including trip cancellation/interruption.

The perks

  • Airport lounge access. Take advantage of limited complimentary lounge passes with Mastercard Airport Experiences provided by LoungeKey.
  • Car rental benefits. Get up to a 25% discount at National Car Rental and Alamo Rent A Car locations with complimentary Collision Damage Waiver benefits (MSRP of up to $65,000).
  • Travel perks. Get a 15% discount on all AIR MILES flights in North America with no blackout periods. Enjoy a free membership in Mastercard Airport Experiences provided by LoungeKey with exclusive VIP access, plus get two annual complimentary passes. Cardholders can also access free Trip Assistance Services for travel-related information and advice.
  • Fraud proof. You won’t have to pay if there are fraudulent charges on your account with zero-liability coverage and extra online security.
  • Optional benefits. Pay an additional fee to get roadside assistance, balance protection or credit card alerts added on.

What to watch out for

  • High annual fee. The annual fee for this card is $120. Get the annual fee of $120 waived in the first year.
  • Fee for additional cards. There’s a $50 fee for extra cards.
  • Income requirements. The minimum income to qualify for this card is $80,000.

What should I know before I apply

How to apply

  1. Click “Go to site” on this page to be directed to the BMO AIR MILES World Elite Mastercard application.
  2. Complete the application, which includes providing your name, email address, social insurance number and birth date.
  3. Review and submit your application.

Bottom line

The BMO AIR MILES World Elite Mastercard is designed for AIR MILES members who want to collect more miles on purchases. This card comes with a welcome offer, travel medical insurance and other perks like airport lounge access and flight discounts.

Frequently asked questions about the BMO AIR MILES World Elite Mastercard

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