Best Credit Cards

Best Air Miles Credit Cards In Canada

| Last updated on November 4, 2019
best airmiles cards canada

The world of Air Miles has lured in millions of Canadian consumers with its popular reward programs that incentivizes everyday spending. It’s an easy way to accumulate points that you can later spend on cool rewards like flights, vacation packages, electronics and more–that said, travel purchases do give you the most value per point

There are, currently, over 10 million active collectors sprawled across Canada today. Chances are people who don’t exactly know what to do with Air Miles are still collecting them. With the cost of a round trip, including lodging, increasing constantly, Air Miles can be a fantastic way to enjoy some sweet savings.

There are multiple ways to rack up on Air Miles, and how many you earn on each purchase depends on the retail partner.  Since there are over 100 national retailers that are part of the Air Miles network, you can easily collect points by showing them your Air Miles membership card. Or, to accelerate this process and to instantly get your hands on more rewards, get yourself an Air Miles Credit Card. This article will show you 7 Best Air Miles Credit Cards that exists in Canada today.

Summary

Best Overall Air Miles Credit Card: BMO Air Miles World Elite Mastercard
Best No-fee: BMO Air Miles Mastercard 
Best For Gas: Shell Air Miles Mastercard 
Best Welcome bonus: American Express Air Miles Platinum 
Best For Families in Quebec: BMO IGA Air Miles Mastercard

Best Overall Air Miles Credit Card

BMO AIR MILES World Elite Mastercard

BMO® AIR MILES®† World Elite® Mastercard®

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on BMO’s website

Welcome Offer: 3,000 AIR MILES Bonus Miles + First Year Fee Waived

Earn Rate: 1 Mile for every $10 in credit card purchases. Earn twice on purchases at AIR MILES partners.

Annual Fee: $120

Min. Income Required $80,000 personal or $150,000 household

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When it comes to ranking Canada’s best Air Miles Credit Card, BMO Air Miles World Elite Mastercard will always take the cake for being the best all round. This card jumpstart your Air Miles collection by giving you 3000 bonus miles— the first thousand miles gets released right after you make your first purchase, the remaining 2000 bonus miles gets unlocked once you make at least $3000 worth of purchase within the first three months of account opening. The annual fee of $120 will also be waived for your first year.

The standard reward  structure for this credit card is 1 mile for every $10 in purchases. You will be able to double dip and get twice as many points when you show your Air Miles membership card too. Along with that, you will get a free membership in MasterCard airport experience , and two Annual complementary passes.

This credit card comes with 15 days of Out-of-Province/Out-of-Country Emergency Medical Protection Coverage of up to 2 million. It also comes with Collision Damage Waiver on rental cars, Trip Cancellation Insurance, Trip Interruption/Trip Delay, Flight Delay insurance, Lost/ delayed or Stolen Luggage insurance, and Travel Accident insurance.

Also note that the items bought through your credit card will be secured against theft, loss, or damage  with the accompanying Purchase Protection and Extended Warranty policies.

As an added bonus, cardmembers will be able to get a 15% discount on all flights in North America booked using Air Miles reward miles without blackout periods. 

Click here for more details about the BMO AIR MILES World Elite Mastercard®

Best No-fee Air Miles credit card

BMO Air Miles Mastercard

bmo air miles mastercard

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on BMO’s website

Welcome Offer: 800 AIR MILES Bonus Miles + 1.99% introductory interest rate on Balance Transfers for 9 months with a 1% transfer fee

Earn Rate: Get 2x Miles for every $20 spent at participating AIR MILES Partners. Get 1 Mile for every $20 spent everywhere else.

Annual Fee: $0

Min. Income Required: $0

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Most good credit cards come with an intimidating annual-fee. The BMO air miles MasterCard is different. Even with 800 Air Miles as a welcome bonus miles (worth $80), and a special introductory interest rate of 1.99% on balance transfers for nine months, this card is a steal for No-Annual fee.

Cardmembers get to earn to 2X the miles for every $20 spent at Air Miles partner retailers, and earn 1 mile for every $20 spent everywhere else. Double dip with your BMO Air Miles Mastercard and your Air Miles Collector card to get double the miles. To give you some perspective of how far the miles can take you: 1200 reward miles can fly you from Toronto to Thunderbay, Vancouver to Kelowna, or Calgary to Fort McMurray.

This credit card also gives you a 25% discount on car rentals at participating National Car Rental and Alamo Rent A Car locations. You will also receive a 15% flight discount on all Air Miles flights in North America. And, you will also be able to protect your new purchases against loss, theft, and damage with Extended Warranty and Purchase Protection policy.

Click here to learn more and apply.

Best Air Miles Credit Card for Gas

BMO Shell Air Miles Mastercard

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on BMO’s website

Welcome Offer: 800 AIR MILES Bonus Miles.

Earn Rate: 1.25x Miles on purchases at Shell locations in Canada. Get 1 Mile for every $15 spent everywhere else.

Annual Fee: $99

Min. Income Required $60,000 personal or $100,000 household

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To gain the most Air Miles, you should get a credit card that rewards you for the activity you spend the most time, or money, doing. The BMO Shell Air Miles Mastercard incentivizes users who frequently travel and for whom gasoline takes up a huge chunk of their monthly spending. If you are someone who goes on road trips often or who has a long commute every day, then this credit card will help you quickly stock up on Air Miles while giving you other perks as well.

As a welcome bonus, new users can earn up to 800 bonus Air Miles— get 400 Miles right after making your first purchase; remaining 400 Miles will be released once you make at least $1000 in purchases. Their regular earning model is quite simple as well. Users can earn double miles when shopping at participating Air Miles partners. That means 2 Miles for every $20 spent using your BMO Shell Air Miles Mastercard. Shopping anywhere else will give you 1 Mile for every $20 spent.

The card also comes with Purchase Protection and Extended Warranty insurance that keeps your new purchases secured in case it goes missing or needs repairs. 

Click here to learn more and apply.

Best Welcome bonus Air Miles Credit Card

American Express Platinum

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on American Express’ website

Welcome Offer: 50,000 Points + $200 annual travel credits

Earn Rate: 2x points for travel, 3x for dining, and 1x for everything else.

Annual Fees: $699

Min. Income Required: $0

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The American Express Air Miles Platinum comes with a striking welcome bonus of 2,000 Air Miles that is automatically credited to your account once you make $1,500 in purchases within 3 months of account opening. This is enough for a short-haul flight. 

The everyday rewards will yield you 1 Reward mile for every $10 spent when shopping at Air Miles partners and eligible grocery stores, gas stations and drug stores within Canada. Earn 1 Reward Mile for every $15 spent in card purchases everywhere else. This card is also well-suited for people who tend to carry balances on multiple credit cards with a high interest-rate. If you want to consolidate your debt to one card, you can take advantage of the Air Miles Platinum Card’s limited-time balance transfer offer of 1.99% for six months.

You can earn even more by referring a friend to American Express. Every approved referral will give you 500 Air Milesup to a maximum annual referral bonus of 7500 Miles. The suite of insurance coverages that comes with this card includes Car Rental Theft and Damage insurance, Travel Accident insurance, Purchase Protection, and Buyers Insurance Protection plan.

Click here for more details about the American Express Platinum Card

Best Air Miles Credit Card for Families in Quebec

BMO IGA Air Miles Mastercard

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on BMO’s website

Welcome Offer: 800 AIR MILES Bonus Miles.

Earn Rate: Get 2x Miles for every $20 spent at participating AIR MILES Partners or at IGA. Get 1 Mile for every $20 spent everywhere else.

Annual Fee: $0

Min. Income Required $0

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IGA supermarkets primarily operate in Quebec, and BMO IGA Air Miles Mastercard is here to give you rewards just for shopping at IGA stores. This credit card comes with a welcome bonus of 800 Air Miles– receive 400 Miles after making your first purchase, and the rest of the 400 Miles will be credited to your account once you make at least $1000 in purchases within the first three months.

Get 2X the Miles when shopping at Air Miles partners for every $20 charged on your BMO IGA Air Miles Mastercard.  Earn 2 miles for every $20 spent when shopping at IGA or Shell Service Stations. And, get 1 mile for every $20 spent anywhere else.

This card comes with no annual fee and also gives you a 21 day grace period to pay off your full balance without getting slapped with a 19.99% purchase interest.

The BMO IGA Air Miles Mastercard comes with Purchase Protection and Extended Warranty plan that protects your newly bought products against lost theft or damage, and extends the repair warranty of damage products for up to a year.

You can redeem your points for cash rewards to spend in store at IGA, Sobeys, Shell and more. Or you can redeem them as Dream Mile rewards and spend it on travel expenses like flights, hotels, vacation packages, and car rentals.

Click here to learn more and apply.

Methodology: How We Choose The Cards In This List

The credit cards that made this list were scrutinized on several critical factors that are important to have in a best performing Air Miles Credit Card in Canada. These factors include Bonus Air Miles, Annual fee, Interest rate, Standard Air Mile earn model, and Redemption options.