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Featuring one of the best Air Miles earning rates, the BMO Air Miles World Elite Mastercard has a lot going for it. The earn rate barely touches the surface of what makes this card great.

From a lucrative sign-up bonus to the multitude of perks, this is one card you’ll want to own. Benefit from an exclusive discount on all Air Miles flights in North America. Unlock a 24-hour concierge service and free roadside assistance.

Also, gain all the benefits that come with World Elite Mastercards. This includes free access to 1 million Wi-Fi hotspots worldwide, Mastercard Identity Check™, Mastercard Airport Experiences, and Mastercard® Zero Liability.

Essential Information

Network

Mastercard

Provider

Bank of Montreal

Card Type

Travel

Rewards

The BMO Air Miles World Elite Mastercard offers an enticing welcome offer and high Air Miles earning rates.

Welcome Bonus

New holders of the BMO Air Miles World Elite Mastercard will receive:

• 2,000 Bonus Miles as AIR MILES OR Dream Miles for spending $3,000 in the first 3 months
• The $120 annual fee waived for the first year

Miles

The BMO Air Miles World Elite Mastercard offers:

• 1 Mile for every $12 spent on your card
• Double the Miles on select car rentals
• 3 miles for every $12 spent on everyday purchases from participating MILES Partners
• 15% off all AIR MILES flights in North America and no blackout periods

Travel Insurance

The BMO Air Miles World Elite MasterCard comes with several insurance options. This includes:

• Emergency travel and medical protection, including 15 days of out-of-province/out-of-country emergency medical benefits. You can receive up to $2 million for eligible medical expenses.
• Car rental insurance covers theft or damage to a rental car with an MSRP up to a maximum of $65,000.
• Car rental accidental death and dismemberment insurance with a maximum payout of $300,000 per accident.
• Flight delay insurance to reimburse you for up to $500 per account per trip.
• Baggage loss insurance covers the actual cash value of lost baggage and personal effects. You get coverage of up to $750 per insured person to a maximum of $2,000 per account per trip.
• Baggage delay insurance to cover up to $200 for necessary purchases.
• Trip cancellation insurance of up to $2,500 per insured person to an overall maximum of $5,000 per account.

Other Perks

• Exclusive airport lounge access with a complimentary Mastercard Airport Experiences membership provided by LoungeKey.
• Free access to 1 million Wi-Fi hotspots globally.
• Free 24-hour access to a complimentary concierge service.
• Up to 25% discount at participating National Car Rental and Alamo Rent A Car locations.
• Mastercard® Zero Liability protects you if you lose money from fraudulent card use.
• Mastercard Identity Check™ to safeguard you when shopping online.
• Free BMO Roadside assistance.
• Up to one additional year on a manufacturer’s original warranty period
• Purchase protection for up to 90 days from the date of purchase

Costs and Fees

• Annual fee: $120
• The interest rate on purchases: 20.99%
• Cash advance interest rate: 23.99% (21.99% for Quebec residents)
• Overlimit fee: $29
• Foreign transaction fee: 2.5%