Pros & cons
Pros
- Up to 2,000 bonus AIR MILES.
- Up to 1.25 miles per $20 spent.
- No annual fee.
- Save up to 7 cents per litre at Shell.
Cons
- Poor rewards compared to other cards.
- Only includes 2 types of insurance.
Your rewards
Getting your welcome bonus
Based on $2,000 in monthly spending, you can get up to 2,000 miles which translates to an estimated $210.◊
For all welcome bonus details click here.
How you earn rewards
Each card earns rewards differently. Part of choosing your card is deciding what type of rewards you want to get. With BMO AIR MILES No-Fee Business Mastercard, here's how you earn rewards:
- 1 mile per $20 spent on all purchases
- 1.25 miles per $20 spent at Shell
For all reward details click here.
How much your rewards are worth
The dollar value of your rewards depends on the specific rewards program ‒ and what you choose to redeem your points for. For BMO AIR MILES No-Fee Business Mastercard in particular, if you spend $2,000 per month, here's our estimated annual rewards earned depending on which reward you choose:
| Car rentals | $154 | |
| Vacation packages | $133 | |
| Attractions | $131 | |
| Flights | $127 | |
| AIR MILES Cash | $127 | |
| Hotels | $119 | |
| Merchandise | $115 |
| Redemption Option | Point Value | Total Value |
|---|---|---|
| Car rentals | 12.7 cents | $127 |
| Vacation packages | 11 cents | $110 |
| Attractions | 10.8 cents | $108 |
| Flights | 10.5 cents | $105 |
| AIR MILES Cash | 10.5 cents | $105 |
| Hotels | 9.8 cents | $98 |
| Merchandise | 9.5 cents | $95 |
Calculating your annual rewards
$24,000 annual spending x 0.53% return on spending = $127 annual rewards
$127 annual rewards − $0.00 annual fee = $127 net annual rewards
Details and eligibility
- Estimated Credit Score
- 560 - 659
- Personal Income
- N/A
- Household Income
- N/A
- Annual Fee
- $0.00
- Extra Card Fee
- $0
- Card type
- Credit
- Purchase
- 20.99%
- Cash Advance
- 23.99%
- Balance Transfer
- 23.99%
Insurance coverage
- Extended Warranty
- 1 year
- Purchase Protection
- 90 days
Please review your insurance certificate for details, exclusions and limitations of your coverage, terms and conditions apply.
Learn more about the value of credit card insurance coverage.
Genius Rating
BMO AIR MILES No-Fee Business Mastercard's 3.1 Genius Rating is based on the weighted average of the following scores:
Methodology
All scores are produced by our math-based rating algorithm that takes into account over 126 credit card features.
Top cards from BMO
GC: $100
GC: $100
Our review
If you have some occasional purchases for your small business and want to earn some AIR MILES along the way, the BMO AIR MILES No-Fee Business Mastercard may be right for you.
This card will give you AIR MILES on all of your purchases:
- 1.25 miles for every $20 spent at Shell stations, and
- 1 mile for every $20 spent on all other purchases.
And as a welcome bonus, you will be given up to 2,000 AIR MILES.
With an AIR MILE worth 12.7 cents for a travel redemption, you’re looking at a welcome bonus worth $254, which is pretty good for just making some purchases on the card.
If you prefer to redeem for cash in-store instead, your bonus is worth $210.
And after that, you’ll be earning valuable AIR MILES on everything you spend for your business. You’ll be able to then use these AIR MILES for valuable travel redemptions, ranging from flights, hotels, car rentals and more.
Or, simply save money instantly with in-store redemptions and save when you shop. The choice is yours.
Plus, with Costco only accepting Mastercard, you’ll be able to collect AIR MILES wherever you shop.
This card also comes with extended warranty and purchase protection. Plus, the Liability waiver program protects your business against employee card abuse.
This is all for no annual fee.
Prefer to earn cash back? Then the
Key benefits
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