How to Apply for your Credit Card: BMO AIR MILESair miles World Elite Mastercard

BMO AIR MILESair miles World Elite Mastercard is a credit card that offers various benefits to cardholders. This card is a convenient and secure way to manage your finances. With its array of benefits, this card ensures you stay in control of your spending while enjoying the advantages of a traditional credit card. Moreover this ensures you stay within your budget while enjoying the perks of a credit card. 

Benefits

• Cardholders can earn AIR MILES reward miles on their everyday purchases, helping them accumulate points towards flights, hotels, and other rewards
• New cardholders can enjoy a welcome bonus of a certain number of AIR MILES reward miles after meeting specific spending requirements within a certain time period
• The card offers various travel insurance coverage, such as emergency medical insurance, trip cancellation/interruption insurance, and car rental insurance
• Cardholders can enjoy complimentary access to airport lounges, allowing them to relax and unwind before their flights
• The card provides access to a dedicated concierge service that can assist with travel planning, reservations, and more
• Cardholders receive purchase protection insurance, which covers eligible items against loss, theft, or damage for a certain period after purchase

These benefits make the BMO AIR MILESair miles World Elite Mastercard a valuable option for those who want to earn rewards and enjoy perks while managing their everyday spending.

Prerequisites

Requirements for applying for the BMO AIR MILES World Elite Mastercard are as followed:

You must be at least the age of majority in your province or territory (18 or 19 years old), have a minimum income of $80,000 and household income must be at least $150,000), have a good credit history, and be a Canadian resident with a minimum credit score of 560.

About the BMO

BMO (Bank of Montreal) is a leading Canadian financial institution that has been operating for over 200 years. Established in 1817, BMO is one of the oldest banks in North America and has a strong presence in Canada and the United States. With its extensive history, BMO has established itself as a reliable and trustworthy bank, offering a wide range of financial products and services. It caters to both individual and corporate customers, providing banking, investment, and wealth management solutions. BMO takes pride in its commitment to customer satisfaction and focuses on building long-term relationships with its clients.

 The bank strives to provide personalized and comprehensive financial solutions tailored to meet the unique needs of its customers. One of BMO’s notable offerings is the BMO AIR MILES World Elite Mastercard. This credit card allows cardholders to earn AIR MILES rewards on their everyday purchases, which can be redeemed for flights, hotels, car rentals, merchandise, and more. The BMO AIR MILES World Elite Mastercard comes with additional benefits such as travel insurance coverage, access to airport lounges, and exclusive offers. 

In summary, BMO is a reputable bank with a long-standing history in the market. It is known for its commitment to customer satisfaction and offers a wide range of financial solutions, including the BMO AIR MILES World Elite Mastercard.

Who Is This Card for?

The BMO AIR MILES World Elite Mastercard is a credit card designed for frequent travelers and those who want to earn AIR MILES reward miles. This card is suitable for individuals who have a good credit history and can meet the income requirements.

The customer profile for the BMO AIR MILES World Elite Mastercard includes frequent flyers, business travelers, and individuals who spend regularly on travel-related expenses. This includes flights, hotels, car rentals, and airport parking. Cardholders can earn AIR MILES reward miles on all eligible purchases, including everyday spending on groceries, gas, and entertainment.

The card also provides access to exclusive travel benefits, such as airport lounge access, travel insurance coverage, and concierge services. Additionally, the BMO AIR MILES World Elite Mastercard offers a welcome bonus of AIR MILES reward miles for new cardholders who meet the spending requirements within the specified time period. 

Overall, the BMO AIR MILES World Elite Mastercard is a suitable option for individuals who want to earn AIR MILES reward miles, enjoy travel perks, and have a good credit standing.

Step by Step to Apply for the Card

1. Visit the official BMO AIR MILES World Elite Mastercard page given below link
2. Click on the “Apply Now” button
3. Fill out the application form with your personal information, including your name, address, and contact details
4. Provide your financial details, such as employment status, income, and expenses
5. Review the terms and conditions of the card and agree to them
6. Submit your application for review
7. Wait for a response from BMO regarding the status of your application
8. If approved, you will receive your BMO AIR MILES World Elite® Mastercard® in the mail
9. Once you have the card, activate it by following the instructions provided below

You can also download its app by the given links below.

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Positives and Negatives of the Card

Positives

• The BMO AIR MILES World Elite Mastercard offers a generous welcome bonus in the form of a large amount of AIR MILES reward miles upon sign-up
• The card provides a good earning rate for AIR MILES reward miles, allowing cardholders to accumulate miles quickly
• There are a variety of redemption options available for the earned AIR MILES reward miles, including flights, hotel stays, car rentals, and merchandise
• Cardholders can enjoy exclusive benefits such as travel insurance, concierge service, and special access to events and offers

Negatives

• The BMO AIR MILES World Elite Mastercard has a high annual fee, which may not be justified for users who do not spend heavily or travel frequently
• The card has a relatively high interest rate, making it important for cardholders to pay off their balance in full each month to avoid accruing interest charges
• The redemption process for AIR MILES reward miles can sometimes be complex, with limited availability for flight bookings and restrictions on certain dates
• The benefits and rewards offered by the card may not be as valuable for individuals who do not frequently travel or use the AIR MILES program

How to Unlock the Card

To unlock the BMO AIR MILES World Elite Mastercard, follow these steps: 

1. Once you receive the BMO AIR MILES World Elite Mastercard in the mail, ensure you have it in your possession
2. Visit the BMO activation page online or call the number provided with the card to activate it. You will need to provide your card details and personal information for verification
3. Create an online account: Go to the BMO website and click on the “Register” option to set up an online account associated with your card. Provide the required information, including your card number, name, and contact details, to complete the registration process
4. Once your online account is set up, log in using the username and password you created during registration. This will give you access to manage your card and view your rewards
5. Explore the various features of the BMO AIR MILES World Elite Mastercard, such as earning bonus miles, accessing travel benefits, and redeeming your air miles
6. Start using your card for purchases to earn air miles. Ensure you understand the card’s terms and conditions, including the minimum spending requirement or any promotional offers associated with earning extra miles

By following these steps, you can unlock and start using your BMO AIR MILES World Elite Mastercard efficiently.

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Fees and Interest Rates

This card has an annual fee of $120. But there is no annual fee for the first year. It also has a $50 extra card fee.If we talk about interest rates they are given below.

• Purchase interest rates: (20.99%) 
• Cash interest rates: (23.99%) 
• Balance Transfer: (22.99%)
• Cash advance interest rates for Quebec residents are less than others: (21.99%)

Customer Service

• The Official Website
• Bank contact number: 1-800-247-4623
• In the app for Android and iOS