Terms & Conditions

  1. Bonus offer is limited to new accounts and will be applied to your Collector Account within forty-five (45) days after your first purchase. Applications must be received between May 1, 2014 and January 8, 2015. Limit of one (1) Bonus offer per Account. If you cancel your card within thirty (30) days of opening your account, the Bonus reward miles will be cancelled. Existing BMO AIR MILES MasterCard customers or those who cancel their card between May 1, 2014 and January 8, 2015 are not eligible. This offer is time limited and may be changed, extended or withdrawn at any time without notice.
  2. BMO Rewards points that are awarded as a welcome bonus are only available to first time new BMO World Elite MasterCard cardholders and will not be awarded to current or former BMO World Elite MasterCard/BMO Rewards World Elite MasterCard cardholders who reinstate a closed account or subsequently open a new account. If a cardholder cancels their BMO World Elite MasterCard within thirty (30) days of opening the account and the annual fee is refunded to the cardholder, the welcome bonus will also be cancelled. The BMO Rewards points, which are awarded as a welcome bonus will be reflected on the first statement following the cardholder’s first purchase on the BMO World Elite MasterCard.
  3. Award of CashBack rewards is made for purchases charged to your account (less refunds and excludes ash advances, interest charges, fees, payments, credit or debit adjustments) and is subject to the BMO CashBack Rewards Terms and Conditions. The number of CashBack rewards will be rounded down to the nearest cent.
  4. BMO Rewards Program redemptions are subject to fees and charges. Please see the fees, charges and pricing policy for details.
  5. Offer is cumulative over the statement period. Subject to the terms and conditions of the BMO Rewards Program, BMO Rewards points is made for purchases charged to your account rounded down to the nearest whole dollar (less refunds, and excludes cash advances, cash-like transactions, interest charges, fees, payments, credit or debit adjustments) and is subject to the Terms and Conditions of your BMO Rewards Agreement.
  6. Not available to residence of Quebec
  7. Subject to certain terms and conditions contained in the BMO World Elite Total Travel and Medical Protection Certificate of Insurance, which is sent to new cardholders; please refer to the certificate for further details. Inclusive medical coverage is only applicable to cardholders under the age of 65. BMO MasterCard insurance benefits provided by Allianz Global Risks US Insurance Company and Chubb Insurance Company of Canada.
  8. Insurance benefits provided by Allianz Global Risks U.S. Insurance Company.
  9. Ongoing interest rates, payment grace days and annual fees are subject to change.
  10. Subject to the terms and conditions of the BMO Rewards Program, BMO Rewards points are calculated based on purchases of goods or services charged to the account, less any refunds or adjustments, rounded down to the nearest whole dollar. Cash advances (including but not limited to purchases of foreign currency or travellers cheques), interest charges, fees, payments, credit or debit adjustments and any amount other than purchases that may be charged to the account with the card, do not qualify for points. Bank of Montreal may establish other qualifying and non-qualifying transactions from time to time.
  11. Important details are contained in the booklet that will follow under separate cover with your BMO MasterCard. Insurance benefits provided by Chubb Insurance Company of Canada.
  12. Important details are contained in the booklet that will follow under separate cover with your BMO MasterCard. Insurance benefits provided by Chubb Insurance Company of Canada.
  13. 1,000 Bonus AIR MILES reward miles offer is limited to new BMO AIR MILES World MasterCard accounts and will be applied to your Collector Account within forty-five (45) days after your first card purchase. Additional 1,000 Bonus reward miles will be awarded when you spend $1,000 in net card purchases in the first three (3) months from the date your account is opened (less refunds and excluding cash advances, cash-like transactions and balance transfers) and will be applied to your Collector Account within sixty (60) days after the statement date of your qualifying purchases. Applications must be received between May 1, 2014, and January 8, 2015. Limit of one Bonus offer per Account. If you cancel your card within ninety (90) days of opening your account, the Bonus reward miles will be cancelled. Existing BMO AIR MILES World MasterCard customers or those who cancel their card between May 1, 2014, and January 8, 2015, and subsequently apply for a new BMO AIR MILES World MasterCard, are not eligible for this offer. This offer is time limited and may be changed, extended or withdrawn at any time without notice.
  14. If you have the BMO AIR MILES World MasterCard, when you redeem AIR MILES reward miles for a flight or AIR MILES My Planet Reward you will receive a 25% discount from the number of AIR MILES reward miles you would ordinarily require. This benefit does not apply to Cash + Miles Rewards. For flight redemptions: There are no blackout periods. This benefit does not apply to the cash portion of the flight redemption (such as fuel surcharges, airport improvement fees and booking fees) or to the flight component of package vacations and cruises. This benefit cannot be combined with any other offer.
  15. Offer is cumulative over the statement period. Reward miles will be earned on purchases made at Shell locations in Canada (including Beaver, Turbo and Payless) to a maximum of $2,500 in Shell purchases during any monthly billing period. The number of reward miles will be rounded down to the nearest whole number. Fractions of reward miles will not be awarded.
  16. Bonus offer is limited to new accounts and will be applied to your Collector Account within forty-five (45) days after your first purchase. Applications must be received between May 1, 2014 and January 8, 2015. Limit of one Bonus offer per Account. If you cancel your card within thirty (30) days of opening your account, the Bonus reward miles will be cancelled. Existing BMO AIR MILES MasterCard customers or those who cancel their card between May 1, 2014 and January 8, 2015 are not eligible. This offer is time limited and may be changed, extended or withdrawn at any time without notice.
  17. Offer is cumulative over the statement period. Award of AIR MILES reward miles is made for purchases charged to your account (less refunds, and excludes cash advances, cash-like transactions, interest charges, fees, payments, credit or debit adjustments) and is subject to the AIR MILES Reward Terms and Conditions. The number of reward miles will be rounded down to the nearest whole number. Fractions of reward miles will not be awarded.
  18. Earn 1.5 x AIR MILES reward miles at participating National Car Rental and Alamo Rent A Car locations worldwide, on a per-transaction basis. The number of reward miles will be rounded down to the nearest whole number. Fractions of reward miles will not be awarded.
  19. CashBack rewards will be earned on car rentals at participating National Car Rental and Alamo Rent A Car locations worldwide, on a per-transaction basis . The number of CashBack rewards will be rounded down to the nearest cent.
  20. You will receive a free membership in the Dominion Automobile Association and the benefits of their BMO Roadside Assistance Program (Basic Coverage). Membership terms and the features of the plan are described in the certificate that you will receive. DAA requires BMO to provide your name for the sole purpose of confirming that you are covered by the Program.
  21. Offer is cumulative over the statement period. You will earn bonus CashBack rewards for purchases made at Shell locations in Canada (including Beaver, Turbo and Payless) to a monthly maximum of $2,500 in Shell purchases during in any monthly billing period. The number of CashBack rewards will be rounded down to the nearest cent.
  22. One year is the twelve (12)-month period between anniversary billing dates. Your anniversary billing date is the date of the statement on which your annual fee is billed. If you qualify for a rebate, a credit equal to the annual fee will appear on the same statement in which your annual fee is billed.
  23. Important details, including additional limitations and exclusions of BMO World MasterCard Travel Protection are contained in the booklet that will follow under separate cover with your BMO MasterCard. Insurance benefits provided by Allianz Global Risks US Insurance Company (Canadian Branch) and Chubb Insurance Company of Canada.
  24. Subject to credit availability and verification of identity. Cash advance fees will apply.
  25. All rewards are subject to the terms and conditions of the AIR MILES Reward Program, are subject to change and may be withdrawn without notice. Some restrictions apply. Quantities may be limited. Flights are based on the AIR MILES Reward Program Low Season schedule. Required number of reward miles is determined by the departure date. All reward miles quoted are for round-trip travel. Collectors must pay taxes, fuel surcharges and other applicable charges and fees on air travel Rewards. Travel Rewards may be subject to a minimum 2-day advance booking and availability from participating Suppliers. Additional flight options may be offered requiring additional reward miles. For complete details, see current Program Terms and Conditions available at airmiles.ca or the AIR MILES Customer Care Centre at 1-888-247-6453 (in Toronto 416-226-5171).
  26. The contract ID number (3717122 for National Car Rental and 7014883 for Alamo Rent A Car) must be included when making a car rental reservation in order to receive discounts. Discount applies to basic rate, which does not include governmentally-authorized or imposed surcharges, license recoupment/air tax recovery fees or optional items. Offer is subject to standard rental conditions. Blackout dates may apply. Not valid with any other discount or promotional rate. Subject to availability and good at participating National Car Rental and Alamo Rent A Car locations. Subject to change without notice. 24-hour advance reservations required.
  27. Benefits provided by Priority Pass Inc. Value of the Priority Pas membership is calculated as follows: standard membership (US$99) plus 4 free VIP lounge visits per membership year (worth US$108). Value and benefits of the complementary Priority Pass membership are subject to change without notice.
  28. All flight options shown are estimations only. Actual number of points required varies based on the retail price of the ticket available at the time of booking.
  29. The Low Interest Rate Option may be subject to additional credit granting criteria. Not all applicants may qualify. If you do not qualify, you’ll be provided the standard ongoing interest rate.
  30. You can transfer funds from your BMO bank account to your BMO Prepaid Travel MasterCard immediately, through BMO Telephone, Online and Mobile Banking. Making a bill payment to your BMO Prepaid Travel MasterCard at a BMO ATM from your BMO bank account may take up to two (2) days to process. Other financial institutions that currently allow bill payments to your BMO Prepaid Travel MasterCard include: RBC Royal Bank, Scotia bank, CIBC, PC Financial, HSBC, ATB (Alberta Treasury Board) and TelPay. Please check directly with your financial institution to find out if you can load funds to your BMO Prepaid Travel MasterCard. If your financial institution does not support bill payments to your BMO Prepaid Travel MasterCard, visit a BMO branch to open a deposit account.
  31. If your card is used without your authorization, you will not be liable if: you did not knowingly contribute to the unauthorized use; you used reasonable care to keep your card safe from loss, theft or misuse; you kept your PIN confidential and separate from your card; you notify us by telephone within twenty-four (24) hours if you learn of the loss, theft or misuse of your card or cheques, or if you know or suspected that someone else knows your PIN; you have not reported two (2) or more unauthorized transactions in the last twelve (12) months, and your account is in good standing. If you don’t meet these criteria, you will be liable for all charges incurred in connection with the unauthorized use.
  32. Please contact the service team directly to set up automatic monthly payments from your BMO Chequing Account.
  33. Membership terms and the features of the plan are described in the certificate that you will receive. Dominion Automobile Association requires BMO to provide any information reasonably required for the sole purpose of confirming that you are covered by the Program.
  34. This service is GST applicable (registration # 10039-0095) for clients residing in MB, SK, BC, AB, NU, YT, & NT. This service is GST (registration # 10039-0095) and QST (registration # 1000042494) applicable for customers residing in Quebec. This service is HST applicable for clients residing in PEI, ON, NB, NS, & NL.
  35. MasterCard PayPass is available on most personal BMO credit cards. MasterCard PayPass is not available at this time on BMO Affinity MasterCard cards, BMO Prepaid Travel MasterCard cards, BMO MasterCard for Business cards and BMO Harris Private Banking MasterCard cards. For more information, call the Customer Contact Centre at 1-800-263-2263.
  36. All benefits described herein are subject to EXCLUSIONS AND LIMITATIONS. Benefits are reduced to Life insurance only at the age of 70. Please refer to your Certificate of Insurance for details of your coverage.