New BMO Air Miles MasterCard
- Saturday, August 8, 2009, 10:53
- Air Miles, Carousel, Credit Cards, Master Card, Rewards
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The Bank of Montreal (BMO) has recently revamped the credit card line-up creating a new no-fee Air Miles MasterCard.
The BMO Air Miles MasterCard gives you credit card with the rewards program of the silver membership, although this is obsolete now.
Similarly to the silver membership program you collect 1 Air Miles for every $20 you spend. The difference is that you can earn reward miles without paying an annual fee.
You can earn 1.5 Air Miles on all your card purchases at Shell locations across Canada and at National Car Rental and Alamo Rent A Car locations worldwide.
Earn triple Air Miles every time you use your BMO Air Miles MasterCard at Reward Plus merchants.
Collecting Air Miles have been made a little easier, especially when you have no annual fee to worry about.
The interest rate is 19.5% however if you want a low interest rate of 11.9% you have to pay $35 per year.
You have a grace period of 21 days which is like any other credit card.
The other included features of the BMO Air Miles MasterCard are extended warranty and purchase protection, MasterCard PayPass, Chip Technology, IDefence, MasterCard SecureCode and Zero Liability.
I will continue to discuss the recently changed BMO credit card line-up throughout the week.
If you are interested in applying, click here.
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