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Special offers for BMO AIR MILES Mastercards

BMO AIR MILES®† No-Fee Business® Mastercard®*

BMO AIR MILES No-Fee Business Mastercard
  • Welcome Offer: Get 1,150 AIR MILES Bonus Miles!1 That’s enough for $120 towards your purchases with AIR MILES Cash!2
  • Earn 1 AIR MILES Reward Mile on every $20 you spend3
  • Plus – earn 1.25X the Miles for every $20 you spend at participating Shell stations6
  • 19.99%
    Purchases4
  • 22.99%
    Cash Advances4
  • $0
    Annual fee4
Apply now for a BMO AIR MILES No-Fee Business Mastercard

BMO AIR MILES®† Business® Mastercard®*

BMO AIR MILES Business Mastercard
  • Welcome Offer: Get 3,000 AIR MILES Bonus Miles!8 That’s enough for $310 towards your purchases with AIR MILES Cash!2
  • $120 annual fee waived for the first year.8
  • Earn 1 AIR MILES Reward Mile on every $10 you spend9
  • Plus – earn 1.25X the Miles when you use your card at participating Shell stations10
  • 19.99%
    Purchases4
  • 22.99%
    Cash Advances4
  • $120
    Annual fee4
Apply now for a BMO AIR MILES Business Mastercard

Calculate your AIR MILES Reward Miles

How many Miles can I earn in a year?

How much do you think you’ll spend per month on your card?
Use of Reward Miles calculator is for illustrative purposes only. Values displayed valid as of September 1, 2020.

Points Summary

BMO AIR MILES®† No-Fee Business® Mastercard®*
500
total Miles annually
Welcome Offer: Get 1,150 AIR MILES Bonus Miles.1
Regular earn: Earn 1 AIR MILES Reward Mile on every $20 in purchases.3
BMO AIR MILES®† Business® Mastercard®*
1,000
total Miles annually
Welcome Offer: Get 3,000
AIR MILES Bonus Miles8

Regular earn: Earn 1 AIR MILES Reward Mile on every $10 in credit card purchases.9

Features & Benefits

Other BMO Personal Credit Cards
BMO AIR MILES®† World Elite®* Mastercard®*

Cardholder Agreement

A detailed explanation of your rights and responsibilities as a BMO Business Mastercard cardholder.
Download PDF for full details

Terms and Conditions

This guide outlines in detail the terms and conditions governing the AIR MILES Reward Program.
Terms and Conditions

Dual AIR MILES Terms and Conditions

  1. BMO AIR MILES No Fee Business Mastercard applications must be received between August 17, 2020 and November 2, 2020 (the “Offer Period”). Up to 1,150 AIR MILES Bonus Miles offer is limited to new BMO AIR MILES No Fee Business Mastercard accounts. Existing BMO AIR MILES No Fee Business Mastercard customers who cancel their card during the Offer Period, and existing BMO Business Mastercard customers who transfer into this product during the Offer Period are not eligible. 500 Bonus Miles will be applied to your AIR MILES Collector Account within forty-five (45) days after your first card purchase. Additional 650 Bonus Miles will be awarded when you spend $2,500 in net card purchases (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) in the first three (3) months from the account open date and will be applied to your Collector Account within forty-five (45) days after qualifying. The first 1000 Bonus Miles will appear on your BMO credit card statement and the remaining 150 Bonus Miles will appear on your AIR MILES Collector statement. All Bonus Miles will be credited in accordance with the set balance preference (between AIR MILES Cash and AIR MILES Dream balances) at the time of posting. Limit of one Bonus offer per Collector Account. If you cancel your card within ninety (90) days of opening your account, the Bonus Miles will be cancelled. This offer may be changed, extended or withdrawn at any time without notice.
  2. Use the Cash Miles in your AIR MILES Cash Account in-store in increments of 95 Cash Miles for every $10 towards your purchases at participating AIR MILES Partner locations (gift cards and near-cash products are excluded and other exclusions may also apply) and online at airmiles.ca/cash in increments of 95 Cash Miles for every $10 worth of value from participating Reward Partners. Standard daily Cash Miles usage limits and Terms and Conditions apply. All Rewards offered are subject to the Terms and Conditions of the AIR MILES Reward Program, are subject to change and may be withdrawn without notice. For complete details, visit airmiles.ca.
  3. Offer is cumulative over the statement period. Award of Miles is made for purchases charged to your account (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) and is subject to the AIR MILES Terms and Conditions and the BMO Business Mastercard Cardholder Agreement. The number of Miles will be rounded down to the nearest whole number. Fractions of Miles will not be awarded.
  4. Ongoing interest rates, interest-free grace period, annual fees and all other applicable fees are subject to change. Cash advances include balance transfers, cash-like transactions and Mastercard cheques. Visit bmo.com/yourbiz for current rates and fees; call the Customer Contact Centre at 1-844-385-5055, or visit your branch.
  5. Please refer to your BMO Mastercard Cardholder Agreement for more information.
  6. Offer is cumulative over the statement period. Miles will be earned on purchases made at Shell locations in Canada (including, Beaver, Turbo and Payless) to a maximum of $2,500 in any monthly billing period. The number of Miles will be rounded down to the nearest whole number. Fractions of Miles will not be awarded.
  7. Subject to terms and conditions, including limitations, exclusions and other important information contained in the Certificate of Insurance, which is sent to new cardholders. Insurance benefits provided by Allianz Global Risks US Insurance Company (Canadian Branch).
  8. BMO AIR MILES Business Mastercard ('Credit Card') applications must be received between September 1, 2020 and October 31, 2021 (the 'Offer Period') to be eligible for the following Bonus Miles and Annual Fee Waiver offers (each an 'Offer' and collectively the 'Offers'):

    AIR MILES Bonus Miles Offer: Receive 3,000 Bonus Miles when you spend a minimum of $5,000 (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) on purchases using the Credit Card within the first three (3) months from the Credit Card account open date. The Bonus Miles will be credited to the primary Credit Cardholder's AIR MILES Collector Account within sixty (60) business days following the qualifying $5,000 spend. All Bonus Miles are credited in accordance with the set balance preference (between AIR MILES Cash and AIR MILES Dream balances) at the time of posting. The AIR MILES Bonus Miles Offer is subject to the AIR MILES Reward Program Terms and Conditions. Limit of one AIR MILES Bonus Miles Offer per Collector Number.

    Annual Fee Waiver Offer: The annual fee of $120 for the primary owner’s card will be waived for the first year. The primary owner’s annual card fee applies after the first year and will appear on your account statement twelve (12) months after the account open date. If an additional cardholder is added to the account within the first year, the Additional Card annual fee of $50 per card will be charged at a prorated rate and will not be waived or rebated.

    These offers are subject to change or can be withdrawn without notice. Existing BMO AIR MILES Business Mastercard customers who cancel their card during the “Offer Period” and existing BMO Business Mastercard customers who transfer into this Credit Card product during the “Offer Period” are not eligible for the Offers. If the Credit Card is cancelled within ninety (90) days from the date it was opened, all Miles earned within that period will be cancelled.
  9. Offer is cumulative over the statement period. Award of Miles is made for purchases charged to your account (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) and is subject to the AIR MILES Terms and Conditions and the BMO Business Mastercard Cardholder Agreement. The number of Miles will be rounded down to the nearest whole number. Fractions of Miles will not be awarded.
  10. Offer is cumulative over the statement period. Miles will be earned on purchases made at Shell locations in Canada (including, Beaver, Turbo and Payless) to a maximum of $2,500 in any monthly billing period. The number of Miles will be rounded down to the nearest whole number. Fractions of Miles will not be awarded.
  11. Subject to terms and conditions, including limitations, exclusions and other important information contained in the BMO Mastercard Liability Waiver Program description, which is sent to new cardholders. Program benefits provided by Royal & Sun Alliance Insurance Company of Canada.
  12. Offer valid for transactions made between July 13, 2020 through December 31, 2020 (“Offer Period”) when you use your valid BMO AIR MILES Mastercard to make an Eligible Purchase at participating Shell locations. You must also enter your AIR MILES Collector Number at the time of transaction. The AIR MILES Collector Number provided at the time of transaction and the AIR MILES Collector Number associated with the BMO AIR MILES credit card must be the same Collector Number.
    • This 5X top up offer (“Top Up Offer”) applies to the base AIR MILES Reward Miles collected from Shell during the Offer Period. Base Miles are awarded by Shell for the following purchases in a single transaction (“Eligible Purchases”):

      • 1 AIR MILES Reward Mile for every 20L of Shell Bronze, Shell Silver or Shell Diesel fuel; or

      • 1 AIR MILES Reward Mile for every 10L of Shell V-Power® Premium fuels; or

      • 1 AIR MILES Reward Mile for every $5 spent at a Shell convenience store (“Convenience Store Transactions”), which exclude tobacco products, lottery tickets (instant and scratch), Shell gift cards, partner/third-party gift cards, prepaid credit cards, phone cards, and any other goods or services specified from time to time or as excluded by law.

    • The Top Up Offer will be calculated based on the total Eligible Purchase transactions that earn base Miles from Shell during the Offer Period. The total Miles awarded in connection with the Top Up Offer will be a combination of base Miles awarded by Shell, base Miles awarded by BMO, including any accelerator offer Miles as applicable, and Top Up Offer Miles that in sum will equal 5X the base Miles awarded by Shell. A maximum of 2,500 Top Up Miles may be awarded per cardholder during the Offer Period for Eligible Purchases of Convenience Store Transactions.

    • As an illustrative example of how you’ll earn 5X the Shell base Miles as part of this Top Up Offer: A customer purchases 40L of Shell Bronze fuel at $1.00 per liter and pays using a BMO AIR MILES World Elite Mastercard, at a total cost of $40.00. The customer gets two (2) base Miles awarded by Shell (based on earn rate of 1 Mile per 20L of fuel in a single transaction). By paying for this transaction with a BMO AIR MILES World Elite Mastercard, in addition to the two (2) base Miles for this transaction, the customer gets four (4) base Miles awarded by BMO (based on a earn rate of 1 Mile for every $10 spent by customer in a Statement cycle period) and four (4) Top Up Offer Miles, bringing the total Miles collected to 10 AIR MILES Reward Miles, which is 5X the two (2) base Miles awarded by Shell.

    • AIR MILES Reward Miles earned in connection with this Top Up Offer will appear in your AIR MILES Collector Account, under a combination of base Miles awarded by Shell, base Miles awarded by BMO, including any accelerator offer Miles as applicable, and Top Up Offer Miles. The Top Up Offer Miles may post earlier than the base Miles awarded by BMO.

    • AIR MILES Reward Miles earned in connection with purchases on your BMO AIR MILES Mastercard will be calculated for purchases charged to your account (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) and awarded once per Statement period and are not awarded if your account is closed or not in good standing. No cash surrender value. The number of Reward Miles will be rounded down to the nearest whole number. Fractions of Reward Miles will not be awarded.

    • BMO AIR MILES World Mastercard and BMO AIR MILES Small Business credit cards are subject to a monthly cap as provided in the corresponding terms and conditions and will be ineligible to earn Miles for this offer once their monthly cap has been reached.

    • BMO AIR MILES Commercial Mastercard credit cards are excluded from this offer.

    • Offer is subject to the Terms and Conditions of your BMO Mastercard Cardholder Agreement and the AIR MILES Reward Program, is subject to change and may be withdrawn without notice.
  • *Ongoing interest rates, interest-free grace period, annual fees and all other applicable fees are subject to change. Cash advances include balance transfers, cash-like transactions and Mastercard cheques. Visit bmo.com/yourbiz for current rates and fees; call the Customer Contact Centre at 1-844-385-5055, or visit your branch.
  • TM/® Trademarks of Bank of Montreal.
  • TM*/®* Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated. Used under license.
  • ®†/TM† Trademarks of AIR MILES International Trading B.V. Used under license by LoyaltyOne, Co. and Bank of Montreal.
  • ®‡‡ Registered trademark of Shell Canada Limited. Used under license by Shell Canada. Used with permission by Bank of Montreal.