Interested in this credit card? Earn by applying through Frugal Flyer.
The BMO AIR MILES No-Fee Business Mastercard earns 1.25x AIR MILES for every $20 spent at Shell gas stations.
Offers
Welcome Bonus
Eligible new applicants for the BMO AIR MILES No-Fee Business Mastercard can receive a welcome bonus of up to 2,000 AIR MILES:
- Earn 2,000 AIR MILES upon spending $3,000 in the first 3 months
FlyerFunds Rebate
Plus, if you apply for the BMO AIR MILES No-Fee Business Mastercard through Frugal Flyer and are approved, you can receive an additional $75 paid directly to you.
Earning AIR MILES
The BMO AIR MILES No-Fee Business Mastercard earns AIR MILES for all purchases made on the card:
- 1.25 AIR MILES for every $20 spent on purchases at Shell gas stations.
- 1 AIR MILE for every $20 spent on all other purchases.
Redeeming AIR MILES
AIR MILES can be earned as either Cash Miles or Dream Miles. AIR MILES members can set their balance preference to determine what percentage of their AIR MILES earned go to Cash Miles and Dream Miles.
Cash miles can be redeemed at a rate of 95 Air Miles = $10 CAD towards purchases at partners such as Shell and more. They can also be redeemed for eVouchers at various partners, such as Spotify and Uber Eats.
Dream miles can be redeemed for flights, hotels, car rentals, and merchandise at various rates. If you are an AIR MILES Onyx collector member, you can redeem dream miles through the AIR MILES Onyx personal shopper service which allows you to use your miles for anything you desire.
AIR MILES can also be transferred between Cash Miles and Dream Miles at a ratio of 1:1. AIR MILES Blue collectors can move up to 500 Miles per calendar year, Gold collectors can move up to 3,000 Miles per day with unlimited transfers, and Onyx collectors can move up to 3,500 Miles per day with unlimited transfers.
Benefits
Up To 7₵/L Discount on Fuel at Shell
Cardholders who link their BMO AIR MILES No-Fee Business Mastercard with their AIR MILES collector number will receive a $0.02 per litre discount on regular fuel (Shell Bronze and Shell Silver) and a $0.07 per litre discount on premium fuel (Shell V-Power NiTRO+ or Shell V-Power NiTRO+ 91 or Shell VPower NiTRO+ 93) purchased at Shell gas stations. This discount is available up to a maximum of 1,000 litres per month.
Fees & Eligibility
| Personal Income | $15,000 |
| Household Income | $15,000 |
| Annual Fee | $0 |
| Foreign Exchange Fee | 2.50% |
| Purchase Rate | 20.99% |
| Cash Advance Rate | 23.99% |
| Balance Transfer Rate | 23.99% |
Insurance Coverage
The BMO AIR MILES No-Fee Business Mastercard offers two types of insurance coverage:
- Purchase security: Coverage for accidental physical damage or theft for 90 days from the date of purchase
- Extended warranty insurance: Extend the manufacturer’s original warranty up to one additional year
Refer to the BMO AIR MILES No-Fee Business Mastercard certificate of insurance for additional details, including terms and conditions for eligibility.
Top BMO Business Cards
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8,000 AIR MILES and $75 FlyerFunds Estimated value: $1,275 Ends Jun 12, 2026 |
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100,000 BMO Rewards and $75 FlyerFunds Estimated value: $745 Ends Dec 13, 2025 |
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150 cash back and $75 FlyerFunds Estimated value: $225 Ends Dec 13, 2025 |
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