BMO Air Miles Mastercard Review

Introduction (Overview)

The BMO AIR MILES Mastercard is a popular rewards credit card in Canada, designed for consumers who want to earn AIR MILES on everyday purchases without paying a high annual fee.

By combining straightforward earning rates, flexible AIR MILES redemption options, and solid purchase protections, this card is well suited for everyday spenders who frequently shop at AIR MILES partners and want long-term rewards value. In this review, we’ll cover its features, fees, benefits, pros and cons, and who this card is best for.

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HOW TO APPLY

Key Features and Card Details

No long-term 0% introductory APR; standard variable interest rates apply
Annual fee varies by card version, with no-fee options available
Suitable for earning rewards on everyday spending rather than debt consolidation
Easy account management through BMO Online Banking and the BMO mobile app
Mastercard security features, fraud monitoring, and purchase protection
Access to AIR MILES promotions, partner offers, and accelerated earning opportunities

Pros and Cons

Pros

Strong rewards program with flexible redemption options
Widely accepted Mastercard network
Suitable for everyday spending
Good welcome bonus opportunities
Purchase and extended warranty protection

Cons

Foreign transaction fees apply
Rewards value depends on redemption strategy
Higher-tier versions may carry an annual fee
Limited premium travel benefits compared to high-end cards

Who Is This Card Best For?

The BMO AIR MILES Mastercard is best for Canadian consumers who regularly shop at AIR MILES partners and want to earn rewards on everyday purchases. It is ideal for individuals who value flexibility in how they redeem rewards, including travel and non-travel options.

This card may not be the best choice for frequent international travelers seeking premium lounge access or for users focused on cash-back-only rewards.

Final Verdict: Is the BMO AIR MILES Mastercard Worth It?

For everyday spenders who actively use the AIR MILES program, the BMO AIR MILES Mastercard offers solid long-term value. Its accessible approval standards, flexible rewards, and practical protections make it a reliable choice for many Canadians.

However, users who do not regularly redeem AIR MILES or who want premium travel benefits may find better value in alternative rewards cards.

Frequently Asked Questions (FAQ)

Does the BMO AIR MILES Mastercard have an annual fee?

Some versions have no annual fee, while others charge an annual fee depending on the benefits offered.

Is the BMO AIR MILES Mastercard good for everyday spending?

Yes, it is designed primarily for everyday purchases and AIR MILES partner spending.

Does the card charge foreign transaction fees?

Yes, foreign transaction fees apply.