1,000 AIR MILES®† 
No annual fee The BMO AIR MILES®† No-Fee Business Mastercard®* is a great credit card for business owners who are dedicated to the AIR MILES®† program.
With a competitive welcome bonus and no annual fee, this card could be a useful option for any business owner looking to pick up some extra AIR MILES®† to supplement their next trip.
Bonuses & Fees
As a welcome bonus, this card offers 1,000 AIR MILES®†, which are awarded upon approval.
We value AIR MILES®† at 10.5 cents per mile, and using this valuation, we’d give the welcome bonus a value of $105.
The card is the only no-fee Business Mastercard for AIR MILES®†. You can give the card a spin at no cost before deciding whether it’s a good long-term fit for your business needs and you can also use this card at Costco stores across Canada.
You can add up to 22 secondary cardholders on your account.
Earning Rewards
The BMO AIR MILES®† No-Fee Business Mastercard®* has a two-tier earning structure, outlined as follows:
- Earn 1 AIR MILE®† for every $20 spent at participating partners*
- Earn 1.25x AIR MILES®† for every $20 spent at Shell*
The base earning rate is fairly good for a no fee business credit card, and almost on par with the personal BMO AIR MILES®† World Elite* Mastercard. The 1.25x bonus at AIR MILES®† at Shell®‡ is a nice bonus, too.
Additionally, you’ll automatically be enrolled for offers on Mastercard® Easy Savings, good for 1–25% cash back rebates at select merchants, on top of your regular rewards.
Redeeming Rewards
AIR MILES®† are redeemed in two categories: Cash Rewards and Dream Rewards. You can set your preference on the AIR MILES®† website in any ratio (e.g., 95% Cash Rewards, 5% Dream Rewards).
If you’d like to move your AIR MILES®† between your Cash Rewards and Dream Rewards accounts, you’re subject to the following restrictions:
- Blue collectors can move up to 500 Miles per calendar year.
- Gold collectors can move up to 3,000 Miles per day. The number of transfers is unlimited, so long as the total number of Miles transferred doesn’t exceed 3,000.
- Onyx collectors can move an unlimited amount of Miles per calendar year. There is a daily transfer limit of 3,500 Miles through the Transfer Miles feature on airmiles.ca and in the AIR MILES® app. Onyx collectors can transfer more than 3,500 miles™ in a day by calling Customer Care.
Cash Rewards can be redeemed at a rate of 95 AIR MILES®† = $10 (10.5 cents per point) at participating merchants.
Dream Rewards are best redeemed for travel, including short-haul flights, hotels, car rentals, and attraction tickets. You should always aim to redeem Dream Rewards for at least 10.5 cents per point against the cash price, as otherwise you would’ve been better off collecting Cash Rewards instead.
Perks & Benefits
As a no-fee card, the BMO AIR MILES®† No-Fee Business Mastercard®* comes with relatively few perks.
Cardholders can get up to 7 cents off per litre on all Shell®± fuel*. Eligible cardholders will receive 2 cents off per litre on regular fuel, and 7 cents off per litre on premium fuel, up to 1,000 litres per month.
Insurance Coverage
Insurance benefits on the BMO AIR MILES®† No-Fee Business Mastercard®* are also limited. The card will double the manufacturer’s warranty for purchases made with the card, up to one additional year.*