Rewards Calculator Algorithm
You can either estimate rewards by inputting your spending habits manually or creating secure bank connections through our trusted financial partner mx.com and letting Finly analyze your spending in the past year.
Finly factors in all the reward limits and fine prints of every single credit card so you can be sure your results are as accurate as possible.
Note: The bank connections are not perfect, meaning that occasionally the connection may fail. This happens when the MX bank connector is unable to establish the link, which is beyond our control. If this occurs, please feel free to inform us and use the manual method as an alternative.
Your Spending
Modify your spending numbers and click update to get the most accurate reward estimates.
Restaurant, Fast Food & Coffee Shop
$
Grocery
$
Recurring Purchases (Bills, Subscriptions, Rent via Chexy)
$
Gas
$
Transportation
$
Entertainment (Movies, Concerts, etc.)
$
Foreign Purchases (Non $CAD)
$
Travel (Flights, Hotels, etc.)
$
Pharmacy
$
Online Shopping
$
Home Improvement (Renovation, Furniture)
$
Purchases at Canadian Tire, Sport Check, Lquipeur, Atmosphere, Party City, SportsRousseau, HockeyExperts, LentrepduHockey
$
Other Purchases Not Specified
$
Linked Credit Cards
Connect your existing credit cards starting with your most used one. After a successful connection, view all Canadian credit cards with their rewards ranked using your true spending habits.
Card Details
Based on $2,000 spending
First Year Value
$785.73
$305.73 in years after
Annual Rewards
$425.73
Air Miles
First Year Bonus
$360
Air Miles
Annual Fee
$120
$0
First Year Waived
First Year Value
$785.73
$305.73 in years after
Interest Rates
Cash Advance: 23.99%, for Quebec 21.99%
Purchase: 20.99%
Balance Transfer: 22.99%
Annual Fee
$120
$0
First Year Waived
Annual Income
Personal: $80,000
Household: $150,000
Credit Score
Good
Welcome Bonus
Get up to 3000 AIR MILES Bonus Miles when you spend $3,000 in net card purchases (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit, or debit adjustments) in the first three (3) months from the Credit Card open date
Card Type
Category: Points
Loyalty Program: Air Miles
Our Rating
3.6/5
Institution
BMO
Rewards
- 3x Miles points per $12 spent at participating AIR MILES Partners
- 2x Miles points per $12 spent on eligible grocery, liquor and wholesale store purchases
- 1x Mile point per $12 spent on all other eligible purchases
BMO AIR MILES® World Elite®* Mastercard®* Points Calculator
Based on $2,000 spending
Rewards Ranking
Rewards Breakdown
Groceries
730 points
All other purchases
1,634 points
Annual Fee
- $120
Net Annual Rewards
2,365 points
Valued at $305.73 (after fees)
Rewards Summary
Net Annual Rewards
2,365 points
Valued at $305.73 (after fees)
First Year Card Bonus
2,000 points
Valued at $360
First Year Card Value
2,365 points
Valued at $785.73
Point Redemptions
Redemptions Chart
Travel
$665.73
Cash Rewards
$316.51
Merchandise
$272.86
Insurance & Benefits
Insurance
Coverage
Purchase Protection
90 days
Extended Warranty
1 year
Trip Cancellation
$2,500
Trip Interruption
$2,000
Emergency Out of province Medical
15 days
Travel Accident
$500,000
Flight Delay
$500
Baggage Delay
$200
Lost or Stolen Baggage
$750
Hotel Burglary Insurance
$500
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Personal Effects
$750
Car Rental Accident
$200,000
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Car Rental Damage & Theft
yes
Car Rental Personal Effects
$1,000
Benefits
Details
Airport Lounge - Dragon Pass
Pass only - complimentary visits not included
Discount
Save up to 7% on your Booking.com prepaid hotel or property rental bookings
Discount
Up to 7 cents off per litre on Shell® fuel if you are an AirMiles collector
Car Rental Discount
20% off base rate of participating National Car Rental and Alamo Rent a Car and up to 5% on Enterprise Rent-A-Car
Discount
Get 20% off admission to Cirque du Soleil shows touring Canada, and 15% off resident shows in Las Vegas
Discount
Annual 25% discount on one worldwide AIR MILES flight redemption
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Status lift
Automatic Air Miles Onyx status
Pros & Cons
Pros
- Increased rewards: Earn 1 mile per $12 spent, tripled when shopping at participating Air Miles partners and doubled at eligible grocery, liquor, and wholesale stores.
- Travel perks: Includes a 25% discount on one Air Miles reward flight booking per year.
- Air Miles Onyx status: Automatic Air Miles Onyx status with exclusive benefits.
- Comprehensive insurance: 14 types of insurance coverage, including travel, trip cancellation, and rental car insurance.
- First-year fee waived: Try the card for free in the first year.
Cons
- High income requirements: Requires $80,000 personal or $150,000 household income, making it inaccessible for many.
- Lower rewards compared to other premium cards: While it offers good Air Miles rewards, other cards may provide more flexible or higher rewards.