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Top 3

Best Air Miles Credit Cards

BMO Air Miles World Elite Mastercard

3,000 bonus Air Miles

On Ratehub's Secure Website
On Ratehub's Secure Website
On Ratehub's Secure Website

Air travel can be expensive. However, you can reduce the cost involved with the help of your planned credit card spending. Air Miles credit cards can provide you with the ability to earn travel rewards on a number of regular purchases, reducing the amount you pay when you fly.

The best Air Miles credit card depends on your level of spending and where you shop. Here's our picks for the best Air Miles credit cards in Canada.The best Air Miles credit card depends on your level of spending and where you shop. Different cards emphasize different spending categories and stores. It’s a good idea to consider the different programs before applying for a card so that you can get the card that is most likely to give you the best results.

It’s also important to pay attention to your spending. You want to use your Air Miles credit card on things you buy every day. Your purchases with your card should be part of your regular budget. As long as you are smart with your spending, and you pay off your balance each month, you can avoid interest charges that reduce the value of your rewards.

What About the Air Miles Rewards Program?

The Air Miles program has had a lot of bad press lately over their cancelled plan of having points expire after five years. After public outcry, including a possible class action lawsuit and the Ontario government changing the law, Air Mile reversed their plans at the last minute. Of course, this then infuriated those who spent their soon-to-expire Air Miles and random items and unplanned trips.

Credit cards with Air Miles offer you the chance to boost your rewards when you use branded rewards programs. You can get double miles for some purchases with these credit cards, allowing you to earn faster and fly for free sooner. While the Air Miles program has issues like lower reward value and booking restrictions compared to other travel rewards credit cards, you can still come out ahead if you shop at the right stores and use the right cards.

Plus, you can also redeem your Air Miles for merchandise and cash back. It’s also possible to use Air Miles in the store, resulting in an instant discount.

On RateHubs's Secure Website
Bonus: 3,000 miles
Annual Fee: $120 Waived First Year
  • Earn one air mile for each $10 spent on all purchases. This is the highest of any Air Miles card.
  • Signing bonus of 3,000 miles
  • 25% discount on Air Miles flight bookings. This can really help boost the reward value.
  • Two free passes annually to worldwide Priority Pass lounges.
  • Concierge service.
  • A range of travel insurance perks, including travel medical, rental car, and lost baggage.
  • APR: 19.99% for purchases, 22.99% for balance transfers and cash advance.

BMO Air Miles World Elite Mastercard: Even though there is a $120 annual fee on this Air Miles credit card, it might be worth it. There are so many benefits included with this travel card, that you can easily overcome the annual fee if you employ the right strategy.

First of all, the two free passes to the Priority Pass lounges make the BMO Air Miles World Elite Mastercard almost worth it on their own. Plus, the 25% discount on bookings can be a good way for the frequent traveler to gain even more benefit from the card, even when not using miles to buy travel. Another great travel perk is the insurance. This Air Miles credit card offers medical travel insurance, along with rental care and lost baggage insurance.

You can earn one mile for every $10 you spend, which is a great rate when earning Air Miles on a credit card. Some credit cards don't offer the same flexibility. They might limit categories or you might have to spend with specific partners to get the benefit. Not with the BMO Air Miles World Elite Mastercard. You get a point for every $10 you spend, no matter what. As a result, this is one of the best Air Miles rewards credit cards available. (Full Review)

On RateHub's Secure Website
Bonus: 2,000 miles
Annual Fee: $65
  • Earn one mile per $15 spent on all purchases.
  • Earn one mile per $10 on gas, grocery, drugstore, and Air Miles sponsor purchases.
  • Signing bonus of 2,000 miles
  • Travel insurance perks, including travel medical, lost baggage, and car rental.
  • APR: 19.99% for purchases, 21.99% for balance transfer and cash advance.

American Express Air Miles Platinum Credit Card: This card also comes with an annual fee. However, it is waived the first year, so it can get you off on the right foot. It's nice touch to get rid of the first year's annual fee since that can boost the value of the card and signing bonus. Plus, there is a low minimum income requirement of $15,000. That isn't always the case when it comes to these premium rewards cards.

For most purchases, the American Express Air Miles Platinum credit card offers one mile for every $15 in purchases. However, you can get one reward mile for every $10 in card purchases at Air Miles sponsors, as well as at eligible grocery stores, gas stations, and drug stores in Canada. This means that you earn miles on purchases you make every day. The bonus for everyday purchases is one of the biggest advantages to this credit card. You can create a monthly budget and stick to it, creating a situation in which you can complete your regular errands and get a higher reward.With the right strategy, it’s possible to easily make up for the $65 annual fee. when you’re redeeming Air Miles for rewards that include movie tickets and electronics in addition to travel.

On top of that, when you show your Air Miles Collector Card at select sponsors across Canada, you can earn miles twice. That's a good way to supercharge your earnings.

You can redeem your Air Miles for a variety of items, including movie tickets and electronics in addition to travel. But this credit card also comes with some of its own perks, like a great travel insurance package. After you redeem your Air Miles for travel, you can further keep your trip affordable with the rental car insurance, travel medical insurance, and lost baggage insurance.

The American Express Air Miles Platinum rewards credit card can be great when you know that you have a lot of everyday expenses, and when you can take advantage of the ability to earn miles twice. With these perks, it's fairly easy to make up for the annual fee.

On RateHub's Secure Website
Bonus: 500 miles
Annual Fee: $0
  • Earn one mile per $20 spent on all purchases.
  • Earn one mile per $15 on Air Miles sponsor purchases.
  • Signing bonus of 500 miles
  • Optional balance transfer bonus for new Cardmembers: special 1.99% introductory APR on balances transferred in the first six months.
  • Travel insurance perks, including travel medical, lost baggage, and car rental.
  • APR: 19.99% for purchases, 21.99% for balance transfer and cash advance.

American Express Air Miles Credit Card: If you're looking for an Air Miles rewards card that doesn't come with an annual fee, this might be the credit card for you. The rewards take a little more to earn, and you don't get the same signing bonus, but if the annual fee is a big deal, this card can be a good choice, allowing you to avoid it. However, because of the slower way you earn air miles, you need to be especially careful to ensure that you don't reach the five-year expiration before you can use the miles.

With the American Express Air Miles credit card, you earn one mile for every $20 you spend on most purchases. You can earn one mile for each $15 you spend with Air Miles sponsors, though. If you pay attention to the Air Miles sponsors and use this card to make purchases, you can get a bit of a bonus. It's also possible to earn rewards twice when you show your Air Miles Collector Card at participating sponsors.

You still get the travel insurance perks that come with American Express when you use this credit card as well. If you don't travel that much, you can redeem your Air Miles on things other than travel. Plus, you can use this card with Apple Pay, making it very convenient.

If you don't think that you will accumulate enough points to make an annual fee worth it, this can be a good card. It's especially helpful that the American Express Air Miles credit card has a low minimum income requirement of $15,000. This can be a good credit card for someone who is just getting started and doesn't expect to use the rewards as much.

However, that doesn't mean you want to keep this card forever. In some cases, it makes sense to upgrade to a card that charges an annual fee once you get into a rhythm of spending on regular purchases and then paying off the card.

About Tom Drake

Tom Drake is the owner and head writer of the award-winning MapleMoney. With a career as a Financial Analyst and over eight years writing about personal finance, Tom has the knowledge to help you get control of your money and make it work for you.

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