BMO AIR MILES World Elite Mastercard
Last updated:
$120/year
Earn 3,000 bonus AIR MILES
Earn 3,000 bonus AIR MILES when you spend $3,000 in the first 3 months.
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Key Details
Annual Fee
$120
Network
mastercard
Credit Required
good, excellent
Reward Type
travel, points
Rewards Earn Rates
1x
Groceries
0.6x
Gas
0.6x
Dining
0.6x
Travel
0.5x
Everything Else
Highlights
- Best AIR MILES earn rate
- 1 Mile per $10 on groceries
- Comprehensive travel insurance
- Annual fee rebate with minimum spend
Pros & Cons
Pros
- + Strong AIR MILES earn rates
- + Good grocery earn rate
- + Comprehensive travel insurance
- + Mastercard works at Costco
Cons
- – $120/year annual fee
- – AIR MILES devaluation concerns
- – Better earn rates available with other programs
Who Is This Card For?
The BMO AIR MILES World Elite Mastercard is best suited for Canadians who prioritize travel, air-miles, groceries spending. At $120/year, it's worth it for those who spend enough in bonus categories to offset the fee.
Benefits Breakdown
Extended Warranty
Purchase Protection
90 days
Is this card worth it for you?
Use our rewards estimator to see how much you'd earn based on your spending.
Frequently Asked Questions
Ready to Apply?
Visit the issuer's website to confirm current terms and apply.
Apply for BMO AIR MILES World Elite MastercardAffiliate link · Disclosure
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Sources
Last verified: 2026-03-01. Offers and terms can change. Always confirm details on the issuer's website before applying.