If you are looking for an entry-level credit card with big travel rewards, the BMO Air Miles MasterCard Credit Card can help. You need to make just $15,000 annually to be considered for this card. If you are approved, you get 800 free Air Miles as a welcoming gift. 

You can use those air miles to get a discounted trip up into the sky, or use them on other things like groceries. Of course travel reward miles is not the only reason you might be looking for a credit card. This BMO card actually allows you to consolidate your debt for 1.99% within the first nine months of signing up with them. Getting a new credit card can seem like you’ve just found yourself with a new wad of cash, but it isn’t like that.

You will pay fees on the money you borrow so it is best to have goals and plans before applying for a new card. You should know what you can afford to pay back and make a spending budget accordingly. If you clear other cards and then just fill them up right away, it defeats the purpose of debt consolidation. Our team has looked into the BMO Air Miles Master Credit Card and found important information you need to know. Read everything below before you decide whether you have a home for this card in your wallet. 

BMO AIR MILES MasterCard Credit Card

What are the Benefits of a BMO AIR MILES MasterCard Credit Card?

This credit card comes with an exclusive rewards system for its clients. For instance, you will get 2x the miles for every $20 spent at participating AIR MILES partners and another 1 mile for every $20 spent elsewhere.

Another great perk of this MasterCard is automatic 90 day Purchase Protection for items purchased with your card. When travelling, enjoy the 15% flight discount on North American flights when you use AIR MILES, as well as BMO AIR MILES World Elite Travel and Medical Protection.

And if you need a car for travel purposes, you can rent a car with this credit card and earn 2x the reward miles at National Car Rental and Alamo Rent a Car locations worldwide. With this credit card, you can also get up to 800 bonus AIR MILES for a limited time! That is the same as $80 in AIR MILES cash redemption value. Furthermore, this credit card comes with zero annual fees.

As a welcome offer you will also be eligible to get a 1.99% introductory interest rate for all balance transfers for up to 9 months. Now that you know some of the great rewards and benefits you can expect from this credit card, you need to know about fees. Later down, you can find out how to apply if those fees seem doable for your lifestyle. 

What are the Fees for a BMO AIR MILES MasterCard Credit Card?

To enjoy the benefits of this credit card, it is advised to pay your credit card on time to avoid charges from the bank, which might affect your credit score. Take a look at this overview of representative fees and rates you can expect with this card:

  • $0 annual fees
  • 19.99% purchase fee
  • 22.99% cash advance fee
  • 2.5% foreign currency conversion fee
  • 1.99% promotional balance transfer interest rate (up to 9 months)
  • $5 cash advance fee

For more details, check the BMO Official website for more information regarding fees and other factors you should put into consideration.

BMO Airmiles Mastercard Credit Card

How to Apply for a BMO AIR MILES MasterCard Credit Card

Are you interested in applying for this credit card? Well, the process is relatively straightforward, and it will take you a few minutes to complete the whole process. To qualify, you must be 18 years and above and a Canadian citizen (permanent resident). You must also be able to provide a social security number and have a steady income.

Applications are done online. For more information on eligibility or to reach a bank representative with questions, visit the BMO website. If successful, you will be assigned specific rates and promotions based on your credit situation .

If you love traveling and would like to save on your upcoming trips, the BMO AIR MILES MasterCard Credit Card could be right for you. You can head to the BMO website and apply for this credit to start enjoying its exclusive rewards on your trips.

How to Contact BMO Canada

Head office

100 King Street West

28th Floor Toronto, ON M5X 1A1. 

Telephone: 1-800-263-2263

Note: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page for more information.