16B Learn everything you need to know about BMO® AIR MILES®† World Elite®* MasterCard®* and if it’s right for you. Plus, get the annual fee of $120 waived in the first year. Your minimum annual income needs to be $80,000, or you should have a household income of $150,000. The BMO AIR MILES World Mastercard will cost you $35 per card, per year./p> Foreign Transaction Fee. Terms apply. The BMO Air Miles World Elite Mastercard comes with 2,000 bonus miles and the $120 annual fee is waived in the first year. When I look up flights, it automatically shows 15% off due to BMO world elite card. The BMO Air Miles World Elite Mastercard is a best-in-class credit card for earning Air Miles rewards in Canada. Terms apply. The income requirements for the BMO AIR MILES World Mastercard is $60,000 for … In her spare time, Claire loves rock climbing, travelling and drinking inordinate amounts of coffee. This includes all purchases. BMO AIR MILES World Elite Mastercard is charging 19.99% as the purchase rate and it's charging 22.99% as the cash advance rate. Dreaming of your next big vacation? Get 1 AIR MILE for every $10 spent on eligible purchases. This is the best earn rate of any AIR MILES co-brand card since it is on all spending. The BMO Air Miles World Elite MasterCard was introduced in May of last year and has already established itself as one of the best Air Miles cards.This is quite an accomplishment considering BMO is one of only two credit card providers affiliated with the Air Miles rewards program—the other being American Express. Toronto, ON, Canada M5V 3H5. Earn a bonus of up to 2,000 AIR MILES. While we are independent, we may receive compensation from our partners for featured placement of their products or services. Bonuses & Fees. The foreign conversion rate on the BMO AIR MILES World Mastercard is 2.5%. l’assurance voyage BMO AIR MILES World Elite 36 offre une assurance soins médicaux d’urgence à l’extérieur de la province ou du pays jusqu’à concurrence de 2 millions de dollars pour 15 jours, une assurance exonération des dommages par collision pour les véhicules de location, et plus encore. This is a very stark illustration of the massive benefits to BMO World Elite Airmiles customers, and we would suggest that any serious Air Miles collector get this card before booking another flight. Have a minimum annual income of $80,000 or a household income of $150,000. This is because you receive one Reward Mile for every $10 you spend on the card. The BMO Air Miles World Elite MasterCard has one rate for all purchases: 1 mile for each $10 spent (and 2x reward miles per $10 spent at participating National Car Rental and Alamo Rent-A-Car locations). If you are an Air Miles collector and/or a frequent flyer, you will love the fact this card offers a 2,000 Air Miles welcome bonus and waives the $120 annual fee in the first year. My BMO AIR MILES World Elite Mastercard is positive I personally don’t love the AIR MILES program but I do understand that it can be a very valuable program for some travellers. How Debt Consolidation Affects Credit Score. Think about this card if you collect AIR MILES and want comprehensive insurance. finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. While. If you meet the $80,000 minimum income requirement for this card, it offers a higher Air Miles earn rate (1 mile for every $10 spent) and other perks: There’s no denying that the BMO AIR MILES World Elite Mastercard will earn you AIR MILES the quickest so get it now if those are the type of rewards you want to earn. If you have a specific question about your BMO account, please send us a message by signing into BMO Online Banking and choosing 'my messages'. Other BMO AIR MILES World Elite perks Be a Canadian citizen or permanent resident who is at least 18 years old (19 in some provinces). Welcome Offer: Earn a bonus of up to 2,000 AIR MILES. Yes, you can apply by visiting the BMO bank website, or you can simply click “Go to Site” in the table above to be redirected to the application. Get details on rewards, rates, and more, and apply online now. I think it's automatic when you link your air miles number to your mastercard account. Choose something else if you’d rather have a low interest rate or don’t want to pay an annual fee. Your name, residential status and contact information. Your social insurance number and date of birth. The BMO ® AIR MILES ® World Elite ® * Mastercard ® * is the best Mastercard credit card to earn a lot of AIR MILES Reward miles: 1 Mile for every $10 that you spend on your credit card. Claire Horwood is a writer at Finder, specializing in credit cards, loans and other financial products. According to the credit card review done by Market Ai, BMO AIR MILES World Elite Mastercard is ranked number 51 in terms of purchase rate in the CA credit card market. Let me present you with the BMO Air Miles WorldElite Mastercard. We may also receive compensation if you click on certain links posted on our site. If you have the BMO AIR MILES World Elite Mastercard, when you use your Miles for a flight in North America you will receive a 15% discount from the number of AIR MILES Reward Miles you would ordinarily require. It is important that you be aware of the following before accessing the linked website: If you acknowledge that you have read, understood, and accept the above and wish to proceed, click OK. The BMO Air Miles World Elite is known as one of the best ways to boost your ability to gather more Air Miles, and see greater benefit. If you choose the Air Miles Mastercard then you’ll pay no annual fee versus the World Elite’s $120, and will also get the 500 Air Mile bonus. To apply for a BMO AIR MILES World Elite Mastercard, you need to meet the following criteria: The BMO AIR MILES World Elite Mastercard is designed for AIR MILES members who want to collect more miles on purchases. Whether you’re an AIR MILES fanatic or just looking to save money on your next trip, the BMO AIR MILES World Mastercard could be right up your alley. If you are unsure you should get independent advice before you apply for any product or commit to any plan. Add … finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. Earn a bonus of up to 2,000 AIR MILES. It was a constant top 5 finisher in our annual Top Travel Rewards Credit Card rankings for Travel Points Cards with no annual fee for many years but that shifted when we made a new category for coalition co-brand cards which this card falls into now. BMO AirMiles World Elite Benefits Insurance. This earn rate applies to all merchants. When I look up flights using DH's account, it does not. If you're an Air Miles collector, the BMO Air Miles World Elite Mastercard is your new favourite card. Les demandes de carte Mastercard BMO AIR MILES World Elite (la « carte de crédit ») doivent être reçues entre le 1er avril 2019 et le 31 octobre 2021 (la « période des offres ») pour donner droit aux milles en prime et à l’exonération des frais annuels (ces éléments constituant chacun une « offre » et collectivement les « offres ») : The BMO Airmiles World Elite has put together an excellent insurance package. Plus, get the annual fee of $120 waived in the first year. If you’re interested in the BMO Air Miles Mastercard and want to know how it stacks up against your World Elite Mastercard, we’ll do a quick comparison for you. BMO AIR MILES World Elite Mastercard BMO ® AIR MILES ®† World Elite ®* Mastercard ®* Minimum $80,000 (individual) or $150,000 (household) annual income required Get 1 Mile for every $10 in credit card purchases. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. Let’s start with the how the rewards are accumulated. This is a benefit which is unique to the BMO World Elite series of credit cards, making it an ideal card for whenever you’re travelling on points. BMO has teamed up with the longstanding AIR MILES loyalty program to offer you this robust Mastercard, that stands up to some of the most sought after cards available in this category. This card comes with a welcome offer, travel medical insurance and other perks like airport lounge access and flight discounts. Click “Go to site” on this page to be directed to the BMO AIR MILES World Elite Mastercard application. The annual fee, normally $120, is waived for the first year. Bonus miles. Disclaimer - We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide. Currently, the BMO Air Miles World Elite MasterCard offers a welcome bonus of 2,000 Air Miles upon spending $3,000 in the first three months.. The minimum spend of $3,000 adds at least 300 Air Miles to an account. The BMO AIR MILES World Elite Mastercard earns 1 AIR MIlES Reward Mile for every eligible $10 spent on the card. We may also receive compensation if you click on certain links posted on our site. Much of Claire's coursework has focused on writing and statistics, with a healthy dose of social and cultural analysis mixed in for good measure. We may receive compensation from our partners for placement of their products or services. With the BMO AIR MILES®† World Elite®* MasterCard®*, cardholders earn 1 Mile for every $10 in credit card purchases. Right off the bat, it rewards you with 2,000 welcome bonus miles, which is enough for 1 short haul flight , after spending $2,000 in the first 3 months. No, your points will continue to hold value as long as your account is active and in good standing. I generally value Air Miles at around 15 cents/mile (providing that you choose to earn Dream Rewards instead of Cash Rewards), making this offer worth $300 in my books. Age of majority in the province/territory of residence. North America includes flight travel within Canada and from Canada to the United States of America (USA), including Hawaii and Alaska. If you have the BMO Premium Chequing account, it comes with an annual fee waiver for any BMO World Elite Mastercard. Earn 1 mile for every $15 you spend on your card (which works out to around 67 miles for every $1,000 in purchases). Spending $3,000 in three months is doable, especially on a card as widely accepted as MasterCard. Other Air Miles Mastercards on the market only generate 1 mile per $15 or $20 spent, so you’re getting the best bang for your buck with the BMO AIR MILES®† World Elite®* MasterCard®*. The broad mileage accrual rate of 1 per $10 spent on everything is faster than many competing credit cards, and lets cardholders earn without discriminating on the basis of where they shop or what they buy. The BMO Air Miles World Elite Mastercard offers a complimentary membership to the Mastercard Airport Experiences program through LoungeKey. Adhésion gratuite au programme Mastercard Airport Experiences fourni par LoungeKey offrant un accès exclusif à des salons d’aéroport VIP Deux laissez-passer gratuits chaque année à des salons d’aéroport VIP Rabais exclusif de 15 % sur les billets d’avion de tous les vols AIR MILES en Amérique du Nord, sans période d’interdiction BMO AIR MILES World Elite Mastercard: Reward: Get 1 AIR MILE for every $10 spent on eligible purchases. With the BMO Air Miles World Elite Mastercard, you’ll earn 1 Air Mile for every $10 you spend on all purchases, which is twice the regular in-store earn rate. 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. She has also worked extensively in the field of "Blended Finance" with the Canadian government. On top of that, you’ll get all those World Elite travel perks, 14 types of complimentary insurance, … Cardholders … Finder is committed to editorial independence. Earn $300 and an exclusinve 2.75 savings rate, Loans and Lines of Credit Protection Insurance. Earn Miles Fast: One AIR MILE is a welcomed reward for spending $10 with the BMO World Elite Mastercard, as most short-haul flights within Canada cost around 1,000 AIR MILES. Yes, depending on when you signup. Does the BMO AIR MILES World Elite Mastercard have a welcome offer? BMO® AIR MILES®† World Elite®* Mastercard Welcome Offer: Get up to 3,000 AIR MILES Bonus Miles and we'll waive the $120 annual fee for the first year†. The BMO AIR MILES Mastercard was the first AIR MILES co-brand card to receives the Rewards Canada review treatment! Several other cards do have 1 for $10 but only at AIR MILES sponsors or select merchant categories. The BMO Air Miles World Elite MasterCard meets my criteria for credit card churning because the first year is free and there’s a generous welcome bonus that’s fairly easy to attain. Certain products and services described on the site may not be available to residents of certain countries or other jurisdictions where they may not be legally offered for sale and/or may not be suitable or appropriate for all types of investors. You’ll also earn additional miles when showing your AIR MILES loyalty card AIR MILES when making purchases at AIR MILES Partners (Jean Coutu, Rona, IGA, Shell, Staples, etc. Terms apply. Its purchase rate score is 77/100. The BMO Air Miles World Elite Mastercard has the best Air Miles earn rate of any card out there right now, making it by far the best Air Miles credit card on the market. The terms and conditions of the site, which can be found at the bottom of the site, may differ from the terms and conditions of the site you are currently on; Different laws and regulations may apply in the jurisdiction governing the site; The information on the site is not an offer or solicitation to anyone in any jurisdiction in which such an offer or solicitation is not lawful; and. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. You will earn 1 AIR MILE for every $10 spent on all purchases ran across the card. Optional, only if you want us to follow up with you. By submitting, you agree to the Finder Privacy and Cookies Policy and Terms of Use & Privacy Policy, 901 King Street West Suite 400 There is no limit to the amount of AIR MILES you can accumulate using this Mastercard. $0 annual fee for the first year ($120 thereafter). The most powerful part of the insurance, though, is that all of these benefits are valid as long as you charge the full or partial cost of the trip to your BMO Air Miles World Elite MasterCard. ). While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. Complete the application, which includes providing your name, email address, social insurance number and birth date. The Bank of Montreal AIR MILES World Elite Mastercard (Canada) earns miles at a flat rate and does not feature any bonus categories. Income Requirements. With amazing earn rates of 1 mile per $10 spent, you'll be on your next free flight sooner than you think. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. She has a Bachelor of Arts in Gender Studies from the University of Victoria, along with an Associate's Degree in Science from Camosun College. Check out all your different redemption … Decent return. BMO Air Miles World Elite Mastercard* Those who use the Air Miles program primarily for travel will find outstanding perks and bonuses with the BMO Air Miles World Elite Mastercard. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Plus, get the annual fee of $120 waived in the first year. The plan costs $30 per month, but maintain a balance of $6,000 and you can get the plan’s monthly fee waived as well.