How does BMO Air Miles work?
BMO®† AIR MILES® Plan Award of AIR MILES Reward Miles is made for debit card purchases minus refunds from your Primary Chequing Account. The number of Miles will be rounded down to the nearest whole number. Fractions of Miles will not be awarded.
What credit score is needed for BMO Mastercard?
650
#4 BMO Preferred Rate Mastercard®* You do need a credit score of at least 650 to apply, but the low interest rate is extremely competitive for a card that is available to those with ‘only’ average credit. The card’s key features are: $20 annual fee (waived the first year)*
How much are BMO Air Miles worth?
Air Miles is a form of rewards points. You’ll earn Air Miles by showing your membership card in participating in online stores. After you’ve collected enough Miles you can redeem them for cash, movie tickets, flights, or other items. Approximately, each Air Mile is worth something between $0.12 and $0.194.
Is BMO Mastercard good?
The BMO CashBack Mastercard is a solid no-annual-fee cash-back card that makes getting redemptions easy and straightforward. Its earn rate of 3% on groceries is the highest in Canada for a no-fee card, and in addition it offers 1% cash back on recurring bill payments. Everything else earns at 0.5%.
Do air miles expire?
Generally speaking, Air Miles do not expire, so long as you keep your account active. If your account has remained inactive for 24 consecutive months, or two years, your Air Miles will expire and disappear completely. You can keep your account active by continuing to earn or redeem your Air Miles.
What is BMO safe top up miles?
The 5x the Miles Top-Up Offer is a promotional offer where BMO AIR MILES Credit Card cardholders who are members of the Shell Go+ Program in 2021 will get topped up to 5x the AIR MILES Reward Miles received on their Shell purchases, when they pay with any BMO AIR MILES Credit Card during the promotional period.
Is 725 a good credit score in Canada?
In Canada, according to Equifax, a good credit score is usually between 660 to 724. If your credit score is between 725 to 759 it’s likely to be considered very good. A credit score of 760 and above is generally considered to be an excellent credit score. The credit score range is anywhere between 300 to 900.
Is it possible to get a 900 credit score in Canada?
In Canada, your credit score ranges from 300 to 900, 900 being a perfect score. If you have a score between 780 and 900, that’s excellent. If your score is between 700 and 780, that’s considered a strong score and you shouldn’t have too much trouble getting approved with a great rate.
Does BMO CashBack expire?
CashBack rewards will not expire as long as your account remains open and in good standing. Upon cancellation of the account you will have ninety (90) days in which to redeem by logging into the BMO CashBack website at bmocashback.com.
How do I get CashBack on my Mastercard?
To get cash back from a credit card, all you have to do is spend money on an eligible purchase. Whenever you make an eligible purchase with your cash back card, you’ll automatically earn a percentage back based on the rules of your card.
Can you use air miles at LCBO?
The liquor retailer has partnered with Air Canada’s loyalty program after withdrawing from Air Miles in March. Shoppers at the LCBO will soon be able to collect Aeroplan points on their purchases. Those points can be redeemed for travel rewards – including flights, hotels and car rentals – as well as LCBO gift cards.
Do you get air miles with a BMO MasterCard?
With the BMO Air Miles Mastercard, you’ll earn 1 mile for every $25 you spend, and 3x miles at Air Miles partners. You can further double your earn rate by doubling up and using both your Air Miles credit card and your Air Miles Collector card every time you make a purchase at an Air Miles sponsor. Is the BMO Air Miles Mastercard free?
What are the benefits of the BMO World Elite Mastercard?
However, it’s not just the Air Miles rewards program that offers benefits when you use this World Elite Mastercard. As with other World Elite Mastercard offerings, the BMO Air Miles version comes with generous insurance perks. You receive travel medical insurance, as well as trip cancellation insurance.
What are the restrictions on the BMO rewards card?
The BMO rewards version doesn’t have any of these restrictions. All your spending counts all the time. Redeeming your rewards requires that you head to the Air Miles website. Your Reward Miles earned through your credit card spending are combined with other miles you get from other sources.
Do you get one cent for each BMO point?
You get one cent for each point that you have. When you use the points in the BMO Travel Center, you can easily figure out how much you have to redeem. An additional perk is the price match guarantee that BMO offers. This means that you can get the lowest fare advertised to the Canadian public.