The BMO advantage
Meet BMO, the fourth-largest of Canada’s Big Five Banks. BMO, known for its robust credit card portfolio and its strong alliance with MasterCard, offers Canadian credit card shoppers plenty of choice. It also gives them more opportunities to collect rewards, including Air Miles. BMO has a strong partnership with the popular loyalty program and offers you a wealth of credit card options if you want earn more Air Miles.
Here are some of the other great benefits you’ll get when you choose a BMO credit card.
BMO has made paying with your credit card even easier. Its cards are accessible via Apple Pay, which means you can add your BMO credit card to your Apple device and enjoy the security and convenience of paying from your mobile device.
Tracking your credit card use just got easier. The BMO app lets you do everything on the go, including view your accounts and account activity, pay your bills, transfer money between accounts, send Interac e-Transfers®, access your credit card statements, and more.
Two of BMO’s most popular credit cards, the BMO® Rewards™ MasterCard® and the BMO® World Elite™ MasterCard®, give you access to BMO’s exclusive rewards program. The program lets you collect points that can be redeemed for flights, hotels, merchandise, and gift cards. You also have the option to use your rewards points to contribute to a BMO Investment Account or make a charitable donation.
Need more credit card rewards in your life? BMO has partnerships with two major loyalty programs: Air Miles and SPC. So whether you’re an avid traveller who’s always thinking about the next getaway or a student on the hunt for great discounts, BMO has a card for you.
As one of Canada’s oldest and best recognized loyalty programs, Air Miles integrates with hundreds of companies. Check out the BMO® AIR MILES® MasterCard or the BMO® AIR MILES® World Elite MasterCard to start earning Air Miles that you can use toward discounts on flights, hotels, and more.
The Student Price Card (SPC) offers exclusive deals and discounts at hundreds of retailers and restaurants, and it’s one of the leading loyalty programs in the country. With most SPC discounts ranging from 10-15%, it’s a great option for frugal students and first-time credit card holders. Try the BMO® SPC® CashBack® MasterCard for a no-fee card option that gives you all the benefits of an SPC card, plus a 1% cash back rate on all purchases.
Recommended BMO credit cards
BMO offers a lot of choice when it comes to its credit cards. The big Canadian bank boasts strong offerings no matter what you’re looking for in a credit card; whether that’s a best-in-class cash back rate or competitive travel rewards. Check out a few of BMO’s top cards.
“World Elite Rewards” says it all. If you want to travel in style and earn rewards along the way, choose the BMO World Elite Rewards MasterCard. It’s a rewards card that can compete with the best, offering credit card holders 2 BMO Rewards points for every $1 spent on the card — that’s 2% back in travel rewards. And if those perks aren’t enough, BMO is currently offering a welcome bonus of 20,000 rewards points — that’s equal to $200 in travel rewards. So kick back in VIP airport lounges around the world (you get exclusive access) and fly on any airline without worrying about blackout dates — the BMO World Elite Rewards MasterCard takes care of your travel.
Sometimes, you just need the basics: good rewards and a $0 fee. The BMO CashBack MasterCard offers a competitive cash back rate — 4% cash back on every purchase in your first four months — without asking you to fork over a portion of those earnings to cover an annual fee. So if you need a basic, no-strings-attached cash back card, try this one. You’ll get 1% cash back on all other card purchases with zero restrictions after the intro rate ends and you’ll always have access to the card’s non-reward perks, like purchase protection and rental car discounts.
If you’re looking for the cream of the crop in cashback cards, look no further than the BMO CashBack World Elite MasterCard. This card offers 1.75% cashback on all purchases — with no restrictions. The generous welcome bonus offers 4% cash back on every purchase (up to $250 cash back) during your first four months. And if those great benefits aren’t enough, cardholders also get access to 24/7 customer service, extended warranty, rental car discounts, a roadside assistance program, and more. The best part? Frequent use of this card will quickly cover its $120 annual fee.
The premium travel rewards card for Air Miles members. If you love to travel, you’re going to love the BMO Air Miles World Elite MasterCard. It’s relatively new, but it’s quickly established itself as one of the top Air Miles cards on the market. The reason? Spending on this card is one of the fastest ways to collect Air Miles: you earn 1 Air Miles reward mile for every $10 you spend on your credit card — with no restrictions. Plus, for a limited time, the sign up bonus will get you an additional 2,000 Air Miles bonus miles — that's enough for two short-haul flights.
A basic, no-frills travel rewards card for Air Miles members. The BMO Air Miles MasterCard is a classic in the travel category. Cardholders earn 1 Air Miles reward mile for every $20 spent on their credit card, plus two times the reward miles when using their BMO MasterCard and Air Miles collector card at Air Miles sponsored locations. Bonus (literally): if you apply now, you’ll also get 500 Air Miles bonus miles to get you started. This card has no annual fee and offers all the usual non-reward perks: extended warranty, purchase protection, rental car discounts, and more.
Formed in 1817, the Bank of Montreal (BMO) is Canada's oldest bank. It was the first bank to adopt branch banking, quickly establishing outposts in Kingston, Ont. and Quebec City. The institution became a major force in central Canada when it merged with Molson Bank in 1925, expanding its reach deep into Ontario. The bank then went on to national prominence, expanding from coast to coast in the decades that followed and gaining a significant footprint in the U.S. In 1977, the Bank of Montreal later moved its headquarters to Toronto, which was quickly dethroning Montreal as the centre of Canadian finance. Explore our BMO card offers above.