BMO Air Miles Mastercard

BMO AIR MILES® Mastercard®*

APPLY NOW
BMO Eclipse Rise Visa Card

BMO eclipse rise Visa* Card

APPLY NOW

BMO AIR MILES® Mastercard®* vs BMO eclipse rise Visa* Card: Which one is better?


BMO Air Miles Mastercard

BMO AIR MILES® Mastercard®*

2.8


RECOMMENDED CREDIT SCORE*

300
Poor
560
Fair
660
Good
725
Very Good
760
Excellent

BMO Eclipse Rise Visa Card

BMO eclipse rise Visa* Card

3.5


RECOMMENDED CREDIT SCORE*

300
Poor
560
Fair
660
Good
725
Very Good
760
Excellent

Rewards Breakdown

Annual Rewards

$63.16

Air Miles


First Year Bonus Value

$216

Air Miles


Annual Fee

$0


First Year Value

$279.16

$63.16 in years after

Based on $2,000/mo average spending. Calculate your rewards.

Rewards Breakdown

Annual Rewards

$144.23

BMO Rewards


First Year Bonus Value

$134

BMO Rewards


Annual Fee

$0


First Year Value

$278.23

$144.23 in years after

Based on $2,000/mo average spending. Calculate your rewards.

Insurance Included*

  • extended warranty

    Extended Warranty

    1 year
  • purchase protection

    Purchase Protection

    90 days

Insurance Included*

  • extended warranty

    Extended Warranty

    1 year
  • purchase protection

    Purchase Protection

    90 days

  • mobile device insurance

    Mobile Device Insurance

    $1,000

Extra Benefits*

  • car rental

    Car Rental Discount

    20% off base rate of participating National Car Rental and Alamo Rent a Car and up to 5% on Enterprise Rent-A-Car
  • discount

    Discount

    Save up to 7% on your Booking.com prepaid hotel or property rental bookings
  • discount

    Discount

    Up to 7 cents off per litre on Shell® fuel if you are an AirMiles collector
  • discount

    Discount

    Get 20% off admission to Cirque du Soleil shows touring Canada, and 15% off resident shows in Las Vegas

Extra Benefits*

  • gas station

    Gas Discount

    Up to 7 cents off per litre on Shell® fuel if you are an AirMiles collector
  • reward cup

    Extra points

    2,500 bonus points per year for paying full credit card bill on time for 12 consecutive months
  • reward cup

    Extra points

    Another 2,500 bonus points for redeeming at least 12,000 points annually towards your statement balance with Pay with Points

Interest Rates*

Purchase:

21.99%1

Cash Advance:

23.99%1

Balance Transfer:

23.99%1

Interest Rates*

Purchase:

21.99%2

Cash Advance:

23.99%2

Balance Transfer:

23.99%2

Annual Fee*

$0

Annual Fee*

$0

Income Required*

Min Personal Income:

N/A

Min Household Income:

N/A

Income Required*

Min Personal Income:

N/A

Min Household Income:

N/A

Welcome Bonus*

Get 1,200 AIR MILES Bonus Miles when you spend $1,500 in net card purchases (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit, or debit adjustments) in the first 110 days from the Credit Card open date. Get a 0.99% introductory interest rate on Balance Transfers for 9 months, 2% fee applies to balance amounts transferred*.

Welcome Bonus*

Get 20,000 points when you spend $1,500 in the first 3 months and a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee. Plus, earn up to 5,000 bonus points every year (2,500 bonus points for redeeming at least 12,000 points annually towards your statement balance with Pay with points + 2,500 bonus points for paying your full credit card balance on time for 12 consecutive months).

Rewards Rate*

  • 3x Miles points per $25 spent at participating AIR MILES Partners
  • 2x Miles points per $25 spent on eligible grocery purchases
  • 1x Mile point per $25 spent on all other eligible purchases

Rewards Rate*

  • 2.5x points per $1 spent on eligible dining, groceries and recurring bill payments (up to $5,000 spent per category)
  • 0.5x point per $1 spent on all other eligible purchases

Loyalty Program*

Loyalty Program*

Point Redemption Options*

  • Most Optimal

    travel - plane

    Travel

    18¢ / point
  • cash coins

    Statement Credits (Cash)

    10¢ / point
  • online shop

    Merchandise

    9¢ / point

Point Redemption Options*

  • Most Optimal

    travel - plane

    Travel

    0.67¢ / point
  • cash coins

    Statement Credits (Cash)

    0.5¢ / point
  • online shop

    Merchandise

    0.45¢ / point

  • finance money dollar

    Financial Products

    0.67¢ / point
  • entertainment popcorn

    Entertainment

    0.64¢ / point
  • gift card

    Gift Cards

    0.48¢ / point

Is this card worth it?

The BMO Air Miles Mastercard is an excellent option for those looking to collect Air Miles without paying an annual fee. With bonus earning opportunities at Air Miles partners and grocery stores, this card is ideal for regular Air Miles collectors. It also offers perks like fuel savings at Shell and a competitive balance transfer rate, making it a versatile card for everyday purchases. However, its limited rewards outside of partner stores may not make it the best fit for those who don't frequently shop at Air Miles-affiliated retailers.

Is this card worth it?

The BMO Eclipse Rise Visa is an excellent choice for those who want to earn rewards without paying an annual fee. It offers solid bonus categories like dining, groceries, and bills, and includes rare perks such as mobile device insurance. The card is ideal for newcomers or those looking to build their credit while enjoying the benefits of a no-fee rewards card with simple, everyday earnings. If you frequently spend in the bonus categories, this card provides good value without any added costs.

Pros

  • No annual fee: The card is free to hold, making it a cost-effective way to collect Air Miles.
  • Bonus miles at partners: Earn 3x the miles at Air Miles partners and 2x the miles at grocery, liquor, and wholesale stores.
  • Fuel savings: Save up to 7 cents per litre at Shell stations, with the potential to save up to $100 annually.
  • Balance transfer offer: 0.99% promotional interest rate on balance transfers for the first 9 months.

Pros

  • No annual fee: This card comes with no annual fee, making it an affordable option for earning rewards.
  • Bonus categories: Earn 5 points per $2 spent on dining, groceries, and recurring bills.
  • Mobile device insurance: Includes $1,000 mobile device coverage, a rare perk for a no-fee card.
  • Welcome bonus: Earn up to 20,000 points ($134 value) after spending $1,500 in the first 3 months.
  • Annual bonus points: Earn up to 5,000 bonus points yearly when you complete certain actions, such as paying your bill on time.
  • Fuel savings: Save up to 7 cents per litre at Shell when you link your BMO and Air Miles accounts.

Cons

  • Low base earn rate: Earn only 1 Air Mile per $25 spent on all non-bonus purchases.
  • Limited insurance: The card only offers basic insurance, such as extended warranty and purchase protection.
  • Limited value outside Air Miles partners: Rewards earning potential is higher at participating partners, but significantly lower for general spending.

Cons

  • Low base earn rate: Only 1 point per $2 spent on non-bonus categories, providing a low return of 0.335%.
  • Low point value: Points are valued at 0.67 cents each, reducing the overall reward potential.

Legal


*BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information. Check here for full details and current product information.
1,2 Terms and conditions apply. Each balance transfer is subject to a fee of 2% which will be charged to your account on the date the balance transfer is posted to your Account.

We may earn a commission for some of the products featured on this site. The content and reviews on FinlyWealth are independent and not influenced by advertisers. For the latest details on any product, please visit the advertiser's official website. The content provided on this website, including any credit card recommendations, is for informational and entertainment purposes only and does not constitute financial, legal, or tax advice. The owner and author(s) of this website are not financial, legal, or tax professionals. All views and opinions expressed herein are solely those of the author(s) and may not reflect the best choice for your unique situation. Always consult with a qualified professional before making any financial decisions. The owner and author(s) of this website shall not be held liable for any inaccuracies, errors, or omissions in the content or any resulting actions taken by readers.

Copyright © FinlyWealth 2025 All Rights Reserved.