Earning Rates

The BMO Air Miles World Elite Mastercard earns AIR MILES at the following rates:

  • 3 Miles for every $12 spent on your everyday needs at participating AIR MILES Partner
  • 2 Miles for every $12 spent at any eligible grocery store, up to a combined maximum of $500 in net purchases posted to your account per statement cycle period.
  • 2 Miles for every $12 spent at any eligible wholesale clubs, on up to $500 in net purchases per statement cycle period.
  • 2 Miles for every $12 spent at alcohol retailers, on up to $500 in net purchases per statement cycle period.
  • 1 Mile for every $12 spent everywhere else.

Rewards Value & Calculator

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Key Benefits

Here are the main benefits of the BMO AIR MILES World Elite Mastercard:

  • Annual Redemption Discount: Enjoy an exclusive 25% discount on one worldwide AIR MILES flight redemption during the calendar year.
  • Fuel Savings: Save up to 7¢ per litre with Shell and BMO, plus save an additional 3¢/L at participating Shell locations as an eligible Member of CAA, AMA or BCAA.
  • Mastercard Travel Pass: Enjoy complimentary membership in Mastercard Travel Pass provided by DragonPass. This grants lounge access for a fee of just US$32 per person, per visit.
  • Car Rental Discounts: Save up to 20% on National Car Rental® and Alamo Rent A Car® and up to 5% on Enterprise Rent-A-Car® at locations worldwide.
  • Travel & Purchase Insurance: Out of Province / Out of Country Emergency Medical, Purchase Protection, and Extended Warranty.

Fees

Annual Fee

The BMO AIR MILES World Elite Mastercard has an annual fee of $120.

Authorized User Fee

Adding authorized users to the BMO AIR MILES World Elite Mastercard will cost you $50 per card, per year.

Foreign Transaction Fee

The BMO AIR MILES World Elite Mastercard has a foreign currency conversion fee of 2.5%. This means you will be penalized when using this card to make purchases that are not in Canadian Dollars.