The best Air Miles credit cards in Canada for 2024 Jul 10th

Insurance policy getting you down? There are always sound insurance alternatives.
Latest News

Home insurance: Are you covered for wildfires, floods and other climate-related disasters? Sep 5th

As wildfires continue to burn in parts of Canada, we’re increasingly feeling the impacts of the climate emergency. Canada is warming twice as fast as the rest of the world, according to a report by the federal government in 2019. The highest temperature increases are in the North, the Prairies.... More »
 insurance quotes

Tax Benefits of Health Insurance Dec 6th

Personal Health Expenses In many cases health plan related expenses can be declared as tax deductible expenses when filing taxes. This is true for both individual plans and employee benefit plans. According to the Canadian Revenue Agency (CRA), the premiums for a private health insurance plan that .... More »

How does a reverse mortgage work in Canada? Sep 1st

More than ever, Canadians are relying on reverse mortgages—a “don’t-pay-till-you-die” option to borrow up to 55% of the appraised value of your home—and the trend is turning conventional wisdom about debt and retirement on its head. While past generations fought hard to avoid debt in their.... More »
 term insurance

The best travel insurance credit cards in Canada for 2024 Nov 16th

If you’re one of the nearly 80% of Canadians planning a trip outside your province or territory this year, you’re going to want to use a travel credit card with solid insurance. Top 3 cards for travel insurance featured .... More »
 home insurance

Making sense of the markets this week: November 3, 2024 Nov 4th

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. Apple, Nvidia growth—no cap Depending on the day you ask, it’s either Apple or Nvidia as the answer to the classic q.... More »
The best Air Miles credit cards in Canada for 2024

Spend

Best Air Miles credit cards in Canada for 2024
With new partners and more ways to earn and redeem than before, Air Miles may be on its way up. These cards are the best the loyalty program has to offer.

Compare now

The best Air Miles credit cards

By Keph Senett and Luca Tatulli on July 9, 2024Estimated reading time: 10 minutes

The Air Miles loyalty program is one of the most established and popular in Canada. Though it lost some of its lustre in recent years, BMO acquired Air Miles in 2023 and relaunched the program in 2024 with new partners and a focus on experiences. BMO offers three Air Miles credit cards, including a variation of the BMO Air Miles Mastercard for students. There are also three business Air Miles credit cards. Let’s have a look at the three cards intended for everyday Air Miles collectors.

Air Miles credit cardMain benefitFor no annual feeBMO Air Miles MastercardAnnual fee: $0Earn up to 3 Miles per $25 spent without paying an annual feeFor the most earnings and perksBMO Air Miles World Elite MastercardAnnual fee: $120 (waived first year)The fastest way to earn Air Miles and get travel perks, like travel insurance and complimentary Dragon Pass membershipFor studentsBMO Air Miles Mastercard for StudentsAnnual fee: $0Accessible to students and comes with the same benefits as the BMO Air Miles Mastercard

Why trust us

MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999…

Continue Reading On moneysense.ca »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!