Shell AIR MILES®† MasterCard® from BMO Review

Sign Up Bonus Points
when you spend $1,000 in the first 3 months
800
Annual Fee
$0
Purchase APR
19.99%
Min Personal Income Required
$15,000
Recommended Credit Score
740 850 670 739 580 669 0 579
Fair-Good
Welcome offer: Get 800 AIR MILES Bonus Miles!* That’s enough for $80 towards purchases with AIR MILES Cash.*

Savvy credit card users look for cards that offer them the rewards they value most, and that accrue points at an accelerated rate on common expenses. The Shell AIR MILES®†  MasterCard® from BMO hits both targets for cardholders who frequently travel, and for whom gasoline is a large part of their monthly bills. It also comes with some useful and highly appreciated perks, making it easier and more inexpensive to rent vehicles in Canada and protect one’s newest purchases.

Basic Rewards Structure

With Shell AIR MILES®†  MasterCard® from BMO, cardholders have a simple earnings model that rewards them on all their purchases with a rate of 3 Air Miles for every $20 spent at Shell and other participating Air Miles Partners. All purchases completed with the BMO card everywhere else will earn you 1 Mile for every $20 spent.

About Air Miles

The Air Miles program is one of the most popular in Canada among frequent travellers, as points can be used for any travel-related reward, including flights, hotels, and more. Per our Loyalty Program Bible, one Air Mile is worth around $0.105, but this value fluctuates depending on what Miles are being redeemed for.

Other Card Perks

New cardholders are introduced to the Shell AIR MILES®†  MasterCard® from BMO with a bonus of up to 800 Air Miles. 400 Miles are awarded for a first purchase with the card (can be something as insignificant as a candy bar), and another 400 Miles are awarded after spending $1000 or more with the card in the first 3 months.

Other card perks include a 25% discount off the price of a rental car, for all cardholders renting from Alamo or National locations in Canada. This bonus stacks with the increased earnings attained from these expenses. Additionally, we consider the $0 annual fee a big perk, as there are many cards out there with similar perks and annual fees of $30 or more. Finally, we appreciate the chance to protect items purchased with the card with extended warranties and short-term accidental damage coverage.

  • Get up to 800 Miles as a sign-up bonus
  • $0 annual fee
  • 25% off rental cars at Alamo and National
  • Extended warranties and purchase protection

Who’s the Card For?

The Shell AIR MILES®†  MasterCard® from BMO suits those cardholders who find themselves spending frequently on gas and want to use these purchases to offset the cost of their next trip. Even with its relatively basic rewards structure, the absence of an annual fee makes it a pertinent addition to many wallets.

Author Bio

GreedyRates is Canada’s go-to resource for all things personal finance. Our expert articles and videos cover every topic under the financial sun, including credit cards, credit scores, loans, bank accounts, budgeting, investing, RSPs, TFSAs, GICs, taxes, and more. Want our advice on a personal finance issue? Send us an email at info@greedyrates.ca and we’ll gladly give you some free tips.