Best AIR MILES Credit Cards for 2018
Points that are easy to earn.
The best AIR MILES credit card in Canada allows you to earn up to 1 mile for every $10 spent on ALL your purchases – everywhere, not just at AIR MILES partners. Because if you're a loyal AIR MILES collector, there's no need to settle for just any old credit card…
Compare AIR MILES Credit Cards
Our comparison engine considers 50+ features of each card, and ranks them from best to worst using our Genius Rating. So choosing the best AIR MILES credit card is as simple as looking at one single number.
Perhaps you’re looking for a premium credit card like the
Or maybe you’re looking for a card that allows you to earn rewards everywhere you shop, gives you some basic insurance, and doesn’t make you pay an annual fee….
Whatever it is you’re looking for, there is something for everyone on this top 10 list.
But first, a little recap...
How AIR MILES Rewards Works
AIR MILES is a loyalty program that was founded in 1992, that gives cardholders “miles” for purchases that they make at participating locations.
The miles that you earn can be used for a number of different things from flights and hotels, to merchandise and gift cards, plus, AIR MILES can even be redeemed as cash at participating stores.
In fact, there are two main categories for redeeming your AIR MILES – Cash Rewards and Dream Rewards. You can collect all Cash, all Dream, or a percentage mix of both when you earn miles but they are not interchangeable. Once you have a Cash mile it can only be used for that. Same goes for Dream miles.
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These options are great, but one downside is not everyone is an AIR MILES partner. They do have the most partners of any rewards program in Canada, but unless you’re willing to do some major planning around where you shop – it can still take years to build up your miles for a big ticket reward like a free flight.
But if you want to fast track? Here are the top three best cards in detail…
Best AIR MILES Mastercard
The BMO AIR MILES World Elite Mastercard is the best AIR MILES credit card in Canada, hands-down.
What makes this card the best?
Well, for starters this card will give you 1 mile for every $10 you spend on absolutely anything – one of the highest AIR MILES earn rates on the Canadian market right now. Then, BMO gives you a 15% discount on AIR MILES flights within North America, helping you stretch your miles even further.
For a card with a reasonable $120 annual fee, it also comes with premium perks like free Priority Pass membership, two complimentary lounge passes annually, and one of the most comprehensive credit card insurance packages you can get.
Best Low Fee AIR MILES Credit Card
With an annual fee of only $65 and absolutely no minimum income requirements, the American Express AIR MILES Platinum Credit Card is great for people who:
- don’t want to spend $100 on an annual fee for a credit card and
- don’t qualify for the big minimum income requirements that the other “premium” AIR MILES credit cards come with.
But don’t worry, just because this card has a lower annual fee, that doesn’t mean it has no benefits…
In fact, it gives you a whopping 1 mile for every $10 spent on groceries, gas, travel and at AIR MILES Sponsors, one of the highest sign up bonuses available, travel accident and car rental insurance, and a few AMEX extras like Front of the Line and friend referral bonuses.
Offer ends December 21, 2018.
Best AIR MILES Credit Card with no annual fee
The best no fee AIR MILES credit card on our list will give you 1 mile for every $20 spent (with no complicated tiers or frustrating caps), and will give you double the miles (or 2 miles for every $20 spent) at select AIR MILES sponsors.
This card will also give you a nice sign up bonus of up to 800 miles, which is something not all no fee credit cards will give you. Plus, for some added peace of mind, all of your purchases made with the card will be covered with 90 days of purchase protection (that means you’re safe if your new purchase gets lost, stolen or damaged) and it will double your manufacturer warranty for up to an extra year.
If that wasn’t enough, for a limited time, this card will give you an introductory balance transfer interest rate of only 1.99% for 9 months. For a no fee card, this card has a lot going for it.
Top 5 AIR MILES Credit Card Summary
Here’s a quick summary of the Top 5 AIR MILES credit cards in Canada including the rough rate of return you can expect if you redeem your miles for flights that give you decent value. The AIR MILES flight calculator can show you how many miles exactly you need to fly.
◊ The creditcardGenius algorithm calculates an estimated dollar value for all rewards and bonuses by using a typical point value a person can realistically achieve by redeeming their rewards in a reasonably optimized way. The "Welcome Bonus" is the dollar value obtained by combining of all one-time bonuses available to new cardholders within the first year. To qualify for the full bonus you may need to make purchases, meet minimum spending requirements, or complete special actions. Terms and conditions apply.
