Are you a frequent traveller who loves to earn rewards and save money on flights? Look no further than an air miles credit card! With so many options available, it can be overwhelming to choose the best one for your needs. But don’t worry, we’ve got you covered. In this blog post, we’ll explore the top 10 best Air Miles credit cards in Canada and help you decide which one is right for you. Get ready to take off with great rewards and perks!
What is Air Miles Credit Card?
An Air Miles credit card is a type of rewards credit card that allows users to earn points or miles as they make purchases. These rewards can then be redeemed for flights, travel upgrades, and other perks. The concept behind these cards is simple: the more you spend with your credit card, the more rewards you can earn.
An Air Miles credit card can be incredibly beneficial for frequent travellers or those who want to save money on travel expenses. By using their card regularly and paying off their balance in full each month, users can accumulate a large number of reward points over time.
Most major banks and financial institutions offer some form of an air miles credit card in Canada. Some are designed specifically for business owners or students, while others cater to luxury travelers with high annual fees but top-notch benefits like lounge access and concierge services.
An Air Miles credit card provides an excellent opportunity to earn valuable rewards while making everyday purchases – especially if you frequently travel for work or leisure!
The Benefits of Using an Air Miles Credit Card
An Air Miles credit card is one of the best ways to earn rewards for your travels. Using this type of credit card, you can earn points or miles redeemed towards flights, hotels, and other travel-related expenses.
Here are some benefits of using an air miles credit card:
- Earn rewards faster: With an Air Miles credit card, you typically earn one mile or point per dollar spent on purchases. This means that if you use your credit card regularly for everyday purchases like groceries and gas, the miles will add up quickly.
- Redeem rewards easily: Air Miles are incredibly versatile as they can be redeemed in many different ways. You may redeem them for flight tickets with major airlines such as Air Canada or WestJet or hotel bookings with popular chains like Marriott and Hilton.
- Travel perks: Many air miles cards offer additional travel perks such as free checked bags on flights and airport lounge access, adding more value to their offerings.
- Insurance coverage: A lot of air miles cards come with insurance coverage when purchasing goods、travelling by air、car rentals etc., making it easier to save money while travelling
- Zero foreign transaction fees: For frequent travellers who often make international transactions, getting an air-miles credit card saves a huge amount in terms of foreign transaction fees.
How to Use Your Air Miles Credit Card?
Using your Air Miles credit card can be simple and rewarding if you know how to use it.
- Make sure you understand the rewards program offered by your credit card provider. This will enable you to earn miles faster and redeem them for travel benefits or other rewards.
- To maximize the benefits of your air miles credit card, try to use it for all your purchases, even small ones such as groceries or gas. This way, you can accumulate miles quicker and reach your reward goals sooner.
- Another useful tip is to keep track of any promotions or special offers provided by the credit card company that allows you to earn bonus miles on specific purchases or during certain periods. These promotions are an excellent opportunity to boost your mile balance quickly.
- Ensure that you pay off your balance in full each month so that interest charges don’t offset the value of any earned rewards.
By following these tips and using your air miles credit card effectively, you can enjoy various perks such as free flights or hotel stays while also maintaining good financial health.
The Best Air Miles Credit Cards in Canada – Top 5
1. BMO AIR MILES World Elite Mastercard
The BMO AIR MILES World Elite Mastercard is one of Canada’s best Air Miles credit cards. This card offers up to three times more miles per dollar spent on eligible purchases at participating AIR MILES partners. Additionally, it comes with a welcome bonus of 2,000 AIR MILES when you first use your card.
One notable benefit of this card is its exclusive travel perks, such as complimentary membership in Mastercard Airport Experiences provided by LoungeKey, which gives you access to over 1,000 airport lounges worldwide. It also provides out-of-country emergency medical coverage for up to 15 days for individuals aged 65 and under.
With its annual fee of $120 waived for the first year and no minimum income requirement, the BMO AIR MILES World Elite Mastercard appeals even to those who are just starting their credit journey or those looking for an affordable yet rewarding Air Miles credit card option in Canada.
2. American Express Air Miles Reserve Credit Card
The American Express Air Miles Reserve Credit Card is a great option for frequent flyers who want to maximize their rewards. With an annual fee of $299, this card offers exclusive benefits that are worth the investment.
One of the standout features is its welcome bonus – new cardholders can earn 2,400 Air Miles when they spend $3,000 in the first three months. This alone can be worth up to $240 towards flights or other redemption options.
Cardholders also receive unlimited airport lounge access through Priority Pass, which includes over 1,200 lounges worldwide. This perk alone can save travellers hundreds of dollars each year, making long layovers much more comfortable.
In addition, this card comes with travel insurance coverage that includes emergency medical insurance and trip interruption/cancellation insurance. It also has purchase protection and extended warranty coverage on eligible items bought with a credit card.
If you travel frequently and value luxury perks like airport lounge access, then the American Express Air Miles Reserve Credit Card could be a great fit for you.
3. Student BMO AIR MILES Mastercard
The Student BMO AIR MILES Mastercard is a great option for students who want to earn rewards while they spend. This credit card comes with no annual fee, making it an affordable choice for students who have limited budgets.
One of the benefits of this credit card is that you can earn 1 AIR MILE reward mile for every $20 spent on eligible purchases. This may not seem like much, but it can add up over time and lead to some great rewards.
Another perk of the Student BMO AIR MILES Mastercard is that you can get up to 800 bonus miles in your first three months as a cardholder. That’s enough miles to redeem for a variety of different rewards!
In addition, this credit card offers student-specific perks such as extended grace periods and free supplementary cards for family members.
The Student BMO AIR MILES Mastercard is a solid choice for students looking to earn rewards while maintaining their budget.
4. American Express Air Miles Platinum Credit Card
The American Express Air Miles Platinum Credit Card is a great option for those who want to maximize their reward points and enjoy exclusive benefits. With this card, you can earn 1 mile for every $5 in purchases and bonus miles when you spend at certain retailers. Plus, there’s no limit on the number of miles you can earn.
One of the biggest perks of this card is its travel insurance coverage. You’ll get emergency medical, trip interruption and cancellation insurance, car rental theft and damage insurance, and more. This means that when you’re travelling with your family or friends abroad or within Canada, you can relax knowing that you are protected from unexpected events.
As a bonus for frequent travellers, the American Express Air Miles Platinum Credit Card also offers priority pass membership, allowing access to over 1300 airport lounges worldwide regardless of airline or class flown! It’s perfect if you need a quiet space to work before boarding your flight.
If you’re looking for a credit card with great rewards programs along with extensive travel insurance options, then The American Express Air Miles Platinum Credit Card is worth checking out!
5. BMO AIR MILES No-Fee Business Mastercard
The BMO AIR MILES No-Fee Business Mastercard is a great option for small business owners who are looking to earn miles without paying an annual fee. This card offers one mile per $20 spent on eligible purchases, and there’s no limit to the number of miles you can earn.
In addition to earning miles, this card also comes with valuable business benefits such as free employee cards, a 25% discount on car rentals at National Car Rental and Alamo Rent-A-Car locations in North America, extended warranty and purchase protection insurance coverage on eligible items purchased using the card.
Furthermore, managing your expenses with this credit card is easy through their online banking platform, where you can track all transactions made by authorized users. And if your business requires some flexibility in payment terms, there’s an option to defer payments up to three times a year.
The BMO AIR MILES No-Fee Business Mastercard is a solid choice for any small business owner who wants to take advantage of rewards without having to pay extra fees.
How to Choose the Best Air Miles Credit Card?
Choosing the best air miles credit card in Canada can be overwhelming. With so many options available, it’s important to consider your lifestyle and spending habits before making a decision.
- Look for an Air Miles credit card that offers bonus miles on sign-up. This will give you a head start towards earning rewards. Also, consider the credit card’s annual fee and weigh it against the benefits offered.
- Examine the earn rate of each card carefully. Some cards offer more points for certain categories, such as gas or grocery purchases, while others offer consistent earning rates across all categories.
- Compare redemption options. Some cards allow you to redeem your miles on flights with any airline, while others restrict their use to specific airlines or travel partners.
- Don’t forget about additional perks such as lounge access or insurance coverage that some cards may offer.
- Choosing the best air miles credit card requires careful consideration of various factors. Make sure to choose one that aligns with your lifestyle and spending habits to maximize your rewards potential.
Conclusion
Choosing the best air miles credit card in Canada can be overwhelming, but it doesn’t have to be. With our top 10 list, you should know which cards offer the most value for your particular lifestyle and spending habits.
Whether you’re looking for premium travel perks or want to earn miles on everyday purchases, an Air Miles credit card can meet your needs. Remember to always read the fine print before signing up and make sure that the benefits outweigh any fees associated with the card.
By using an air miles credit card responsibly and strategically, you’ll soon find yourself redeeming points for flights, hotels, car rentals and other travel-related expenses without breaking the bank! So what are you waiting for? Start exploring your options today and happy travels!
FAQs on best Air Miles credit card Canada
1. How does Air Miles Canada work?
With AIR MILES Cash, you can redeem your Miles for in-the-moment purchases from participating Partners both in-person and online. You can spend up to $750 per Cash Account every day with the $10 you receive after earning 95 Cash Miles in $10 increments at the register. There might be exclusions.
2. Should I get an Air Miles card?
There is no cost associated with joining Air Miles; therefore, doing so has no drawbacks. Simply presenting your membership card to participating merchants or entering the number during online checkout is all it takes to earn miles.
3. Is it worth using air miles for flights?
Frequently, the most lucrative kind of award travel cash is airline miles. While most travel awards are worth about one cent each, airline miles for first-class travel can be worth up to six cents each. Although they may have significant value, miles are not always worthwhile to gain.
4. Do air miles expire in Canada?
In general, Air Miles never expires as long as your account is active. Your Air Miles will expire and completely vanish if your account has been inactive for 24 consecutive months or two years.
