This will convert the dollar amount into cents. 10,000 BMO Rewards points 12 months after account opening. Some of the many gift card options to choose from. You can read about our Rating Methodology, and learn how we calculate rewards in REAL DOLLARS (not just points or miles) ‒ so you can find … It is important that you be aware of the following before accessing the linked website: The terms and conditions of the site, which can be found at the bottom of the site, may differ from the terms and conditions of the site you are currently on; Compare Mortgages. Get a bonus of 15,000 BMO Rewards points. The best way to maximize how many BMO Reward points you can earn is by using the credit card that rewards you the most points. This includes: When redeeming for travel, there's no blackout dates or any kind of restrictions. Welcome bonus. 30,000 points after you spend a minimum of $3,000 within the first 3 months; an additional 10,000 BMO Rewards points anniversary bonus, 12 months after the Credit Card account open date Get a 1.99% introductory interest rate on Balance Transfers for 9 months, 1% fee applies to balance amounts transferred 11. Use the BMO Rewards Points Value Calculator to calculate the average cash value of your BMO Rewards Points based on different redemption options. No, points must be redeemed prior to purchase. BMO Rewards Points Value. Get a list of the best credit cards based on your spend for purchases in specific categories as well as with retailers, airlines, hotels, and more. A sign-up bonus of 20,000 BMO Rewards points. 2 Receive 1 point per $1 spent on all other purchases. A list of all news, guides, and articles featured on The Point Calculator website. Get up to 40,000 points and the $120 annual fee waived in the first year.66. 1; 10% … 30,000 points after you spend a minimum of $3,000 within the first 3 months; an additional 10,000 BMO Rewards points anniversary bonus, 12 months … The BMO Rewards ® Business Mastercard ® * is one of the best Business Mastercard credit cards with travel points in Canada.. You can get a welcome bonus of 50,000 points after $5,000 in card purchases ($350 travel value).In addition, the $120 annual fee is waived in the first year!. Mortgages. BMO Harris Bank Platinum Rewards Mastercard: You will earn an additional one (1) bonus point DA: 61 PA: 76 MOZ Rank: 25. The Bank staff, call center associate or any representative will NEVER ask for your password. BMO Rewards Points will give you the best value of 0.71 cents when you redeem them towards travel. I could give you a table with a list of denominations, but it's easier to just supply you with a good ole calculator so that you can get the exact amount. 1,200,000 Get 50,000 BMO Rewards points when you spend $5,000 in the first three months. The BMO Rewards Mastercard is a solid no fee travel rewards card that earns flexible rewards points for travel, gift cards, and more. Earn 3 BMO Rewards points for every $1 you spend on gas, office supplies, cell phone bills and internet bills, and earn 1.5 BMO Rewards points for every $1 you spend elsewhere. Redeem your points or cash back for a statement credit to be applied to your BMO Harris Rewards credit card. Use your points for monthly subscriptions, lunch, groceries, gas – redeem your way! Besides that, there is no magic formula for maximizng the value of your BMO Rewards points. 1 That’s a total value of $435! How BMO Rewards works. Details on the BMO Rewards program and a list of available calculators. BMO Harris Bank Premium Rewards Mastercard: Bonus Points ($435 Value) The Premium Rewards Mastercard is the fastest way to earn travel points. BMO Rewards Points can also be used for other redemptions including investments, gift cards, cash/statement credit, and more. Redeem your points or cash back for a statement credit to be applied to your BMO Harris Rewards credit card. No, there is no expiration date while you are an active member. 1b Get 3 BMO Rewards points on eligible purchases at gas stations, office supplies and on your cell phone and internet recurring payments 2,4. Best Western Rewards is also a good choice, since you’ll be earning the same 10 points per $1 USD spent on hotel charges. The BMO World Elite™* MasterCard®* accrues up to 3 points per $1 spent on eligible purchases and grants cardholders a welcome bonus of 40,000 points, far higher than the welcome bonuses offered by competing travel rewards cards like the American Express Gold Rewards or Scotiabank Gold American Express. For $100 worth of travel, you’ll need 14,000 rewards points, roughly. You can redeem your BMO Rewards Points towards merchandise for various value. The BMO ® World Elite ® * Mastercard ® * is one of the best Mastercard credit cards with travel points in Canada.. You can get a welcome bonus of 40,000 points (285$ travel value):. The value of American Express Membership Rewards points depends on how you redeem, but this bonus is worth at least $300 in travel rewards. The points can be used as a statement credit or can be redeemed on … Do more with the points you already have. They are for illustrative purposes only. BMO accepts last minute travel bookings up to 2 days before departure. It is important to note that BMO "Rewards" and "Points" are the same and will be used interchangeably. As we can see here, not all “cards that earn five times the points” were created equal. Since 140pts = $1, that means the BMO Rewards points value is a 2.14% return when you use your BMO World Elite Mastercard on travel, entertainment and dining purchases. It takes 140 points to claim $1 in travel, which means 1 BMO Rewards point is worth .71 cents. Rewards earned over a 12-month period = 138,800 BMO Rewards points Monetary value = $985.48 Annual statement credit = $200 Annual fee = $499 Total earned over the first year (rewards + statement credit - annual fee) = $686.48* *This calculation does not include the 25% more rewards cardholders can earn for adding a supplementary cardholder. The point value you get out of these will vary, but they tend to give excellent value most of the time. I recently redeemed my reward points for the first time to book a flight using the BMO Rewards online site. Check out the links below to learn about the point value in other top bank rewards programs. As we correctly guessed in August, to account for the change in the redemption ratio on the BMO World Elite MasterCard, the sign up bonus has been increased to 30,000 points (or a $300 travel credit value). In general, you’ll get the most value by maximizing the travel rewards program. It is important to note that BMO "Rewards" and "Points" are the same and will be used interchangeably. Redeeming your points for travel expenses will afford you the highest value with 1 point worth $0.007. Let's look at why this is true: When you redeem points for a flight you are receiving a 2.1% return, which is incredible value for a rewards card. 15,000 BMO Rewards points awarded on your card anniversary date which is 12 months after the date which the account is opened. HSBC Rewards is a flexible rewards program with good point values for the majority of its redemption options.. Get a rate of … The points can be used as a statement credit or can be redeemed on travel, merchandise or gift cards. You'll also get: double your BMO Rewards points,10B and get up to 25% off your next car rental at National Car Rental and Alamo Rent A Car locations worldwide. All other purchases would be 1.43% return in points. I wouldn't deliberately shop for merchandise with BMO Rewards Points, but if you're looking to buy something, I would recommend checking the portal to see if redeeming your points could be worth it. Earn 10 points per $1 USD spent on eligible hotel charges when you stay at Marriott properties. When used in this way, each point is worth around $0,007, or roughly around 140 points per $1. 2; Introductory Offer: 25,000 bonus points when you spend $2,000 in the first 3 months of account opening.Learn more about intro bonus points. The dollar value of a BMO Rewards point remains constant at $0.007, as you receive a $1.00 credit for every 140 points. Welcome offer: Get up to 40,000 points and the $150 annual fee waived in the first year. The BMO World Elite MasterCard is one of the top travel rewards cards in Canada and is definitely worth considering if you’re looking to maximize the value of your BMO Rewards points. Welcome bonus. Find the best credit cards by name, bonus categories, transfer partners, perks & benefits, or by how much you spend per month/year. Customers with travel plans within the next seven (7) days are encouraged to contact the Rewards Redemption Center at 1-800-610-8987 for assistance between the hours of 8 a.m. – 8 p.m. Central, seven (7) days a week, excluding federal holidays. The real value of experiences comes from the experience itself, so if it's something thats worthwhile that you've always wanted to do, it doesn't hurt to treat yourself! The numbеr of BMO Rewards роіntѕ needed tо redeem for $1 іn trаvеl rеwаrdѕ іnсrеаѕе frоm 100 tо 140 роіntѕ. BMO Rewards Business Mastercard Welcome offer: Get 35,000 points and the $120 annual fee waived in the first year.1 That’s a total value of $370!1b. (21.99% for Quebec residents) learn more. Booking travel through Expedia for TD – $50; Booking travel via Book Any Way – … The general rule is that for every 140 BMO Rewards points you earn, you’ll get about $1 in rewards. For example, when using the BMO World Elite MasterCard, you receive 2 or 3 points for every dollar spent, depending the category. How much are your BMO Rewards points worth? $120.00 Annual Fee8. To determine your rewards redemption value, use this equation: Redemption Value = 100 X Cash Price ÷ Reward Price. Details on how to get maximum value. Discount deals and double rewards points earned for renting cars at National and Alamo Car Rental offices anywhere in the world. The BMO World Elite offers a welcome bonus of 40,000 BMO Rewards points, distributed as follows: 30,000 BMO Rewards points upon spending $3,000 in the first three months. As you can see, the BMO Rewards point value is best used for travel purchases. Customers with travel plans within the next seven (7) days are encouraged to contact the Rewards Redemption Center at 1-800-610-8987 for assistance between the hours of 8 a.m. – 8 p.m. Central, seven (7) days a week, excluding federal holidays. When using your BMO Rewards points, there are no blackout periods so you can travel at any time of the year, even during peak periods. Closed on all statutory holidays in Ontario.) First, get the cash price of your reward and multiply that by 100. But, on average, 1 BMO Rewards point is worth $0.007 when redeemed for travel, this affords consumers the best value for their points. BMO eclipse Visa Infinite Privilege Card Calculator, BMO eclipse Visa Infinite Card Calculator. 1 That’s a total value of $470! $1.00 credit ÷ 140 points = That’s a combined value of $400, which is impressive. When you sign up for the BMO World Elite Mastercard, you’ll receive a welcome offer of 35,000 BMO Rewards points, and BMO will waive your annual fee of $150 for the first year. By submitting your email address, you acknowledge and agree to Ratehub.ca's, American Express Membership Rewards credit cards, Yes, you can pay for any applicable taxes, fees, and surcharges using points. BMO Rewards Points will give you the best value of 0.71 cents per point when redeemed towards travel. With the BMO eclipse Visa Infinite* Card, the welcome bonus is up to 40,000 Rewards points plus a first-year fee waiver worth $120. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Three points are earned for every dollar spent on travel, dining, and entertainment purchases. If you find travel that you're interested in, you can use your BMO Rewards Points to book it. 23.99%for Cash Advances8. The average value you'll get out of these gift cards will be around 0.5 to 0.6 or so cents per point. This option is also located in the bmorewards.com portal. 14.99% Purchases 3 Founded more than 200 years ago, BMO started out as a primarily commercial lenders intended to help business customers do business in and around Montreal. BMO Rewards Points review: How to get the most Out of Your BMO rewards Points. The BMO eclipse Visa Infinite* Card uses the same points system as their other credit cards. Based on this value, the real earn rate for the BMO eclipse Visa Infinite Privilege* card is as follows: A sign-up bonus of 20,000 BMO Rewards points. Get 1 BMO Reward point for every $1 spent on eligible purchases, and get 2 BMO Rewards points for every $1 spent at participating National Car Rental and Alamo Rent A Car locations. Welcome bonus. It allowed me to choose my flight and enter all the passenger information however once I hit the submit button a message would come up in red writing explaining to call in … $150.00 Annual Fee8. 1 point earned for every dollar you spend on general purchases. BMO Points Calculator for calculating the value of BMO Rewards Points based on redemption. BMO has a good line-up of cash back cards, RBC Avion Rewards & RBC Rewards Points Value. Canadians a month, save money and make better financial decisions using Ratehub.ca, TFSA Contributions, Withdrawals, Transfers. Eligible financial products include: This is not much lower than redeeming your points for travel, so it's not a bad way to go if you prefer to invest your rewards. BMO® Rewards® Mastercard®* Review Get 15,000 points and a 1.99% introductory interest rate on Balance Transfers for 9 months with a 1% transfer fee.. Get 1 BMO Rewards point for every $1 spent! Welcome Offer: Get up to 20,000 BMO Rewards welcome points 1. The gift card options are located in the bmorewards.com portal. Its generous 15,000 point welcome bonus gets your rewards collection off to a good start, and then you’ll earn 1 BMO Rewards point for every $1 you spend on the card.. Its eligibility requirements are relatively low, putting it within reach for most Canadians. Multiplying Your BMO Rewards With the BMO World Elite Mastercard, you’ll earn points faster. Here’s more: This means you can look around, possibility find some better deals, and save some points! Get up to $470 in value in your first year. 20.99% for Purchases8. Loyalty programs for free hotel stays. BMO Rewards Points can be redeemed for experiences. The card offers that appear on this site are from companies from which this website receives compensation. With the BMO Harris Bank Performance Points Rewards Program, you can use your performance points to buy what you want, when you want, 24 hours a day, seven days a week. BMO has a good line-up of cash back cards if you want to stick with the same bank. Discount deals and double rewards points earned for renting cars at National and Alamo Car Rental offices anywhere in the world. Advertiser Disclosure: This website is an independent, advertising-supported comparison service. Earn rewards points. ... To find out how we determined the value of this point, click on the "Redeeming Points… Join our weekly newsletter for tips, news and deals! The dollar value of your BMO Rewards points depends on how you choose to redeem them. Get 1 BMO Rewards point for every $1 spent 2. This limits the flexibilty of the program especially compared to other rewards programs which allow you to book travel through a third party website and pay for it with points at a later date. In Short: Dollar Value of 1 RBC Rewards point - 0.007$ to 0.02$ CPP 1 for RBC Rewards (0.7 to 2) Points Best Used For: Travel (redeemed with Avion Card) Option to Convert Points to Westjet Points and Hudson Bay Points Business Card Available Value for Travel - Avion You can redeem 65,000 pts to visit Europe for up to maximum of 1300 dollars. Point values are not created equally! Includes costs and promos. This is the total number of rewards points you could earn in one year, based on the credit card's sign-up bonus and the amount you could potentially spend on the card. When used in this way, each point is worth around $0,007, or roughly around 140 points per $1. BMO Rewards Points can be redeemed for gift cards which will give you a range of values depending on the gift card. BMO Harris Bank Platinum Rewards Mastercard earns 2 points per $1 spent on gasand groceries, up to a combined $2,500 per calendar quarter. Earn and indulge in more rewards every day. Rewards Member Check your available rewards balance, browse the full catalog of available awards and redeem your points or cash by visiting bmoharrisrewards.com. Cardmembers with travel plans within the next seven (7) days are encouraged to contact the Call Rewards Call Centre at 1-800-234-4034 for assistance between the hours of 9 a.m. – 9 p.m. Eastern, seven (7) days a week. TD Rewards points value. About These Calculators: These calculators are provided to help you estimate the value of points and miles, the calculations of rewards earned with credit cards, and the transfer of rewards between programs. Furthermore, the card is currently offering a first-year waiver on the $150 annual fee, which improves the value … You can't use your points to book your own travel online like most rewards programs which is a bit of a bummer. BMO Rewards points can be used to cover all applicable taxes and fees. You earn 3 points for every $1 spent on travel, dining, and entertainment. BMO Rewards points value varies with the thing you redeem as well as with the season in case of flights, but overall the optimal way to spend BMO points is by redeeming them for travel. You have selected a change in location. The interest rate on the card is 20.99% on purchases. BMO Rewards is a good bank travel rewards program, but it can be a bit complicated due to the points structure. Receive 2 points per $1 spent on eligible gas and grocery purchases, up to $2,500 in combined spend each calendar quarter. Welcome offer: Get 50,000 points and the $120 annual fee waived in the first year. Yes, there are many popular airlines to choose from including Air Canada, West Jet, Delta Airlines, and United Airlines. Opinions, calculators, and other editorial content on this page have not been approved or endorsed by any entities on this site. Total points To find out how we determined the value of this point, click on the "Redeeming Points" tab and view the PDF to see the exact calculations. The BMO ® World Elite ® * Mastercard ® * is one of the best Mastercard credit cards with travel points in Canada.. You can get a welcome bonus of 40,000 points (285$ travel value):. Get 3 BMO Rewards points on eligible purchases at gas stations, office supplies and on your cell phone and internet recurring payments2,4. However, BMO reserves the right to terminate your account with two months’ prior notice, where they can cancel or substitute rewards. BMO Harris Bank Premium Rewards Mastercard: Bonus Points ($435 Value) The Premium Rewards Mastercard is the fastest way to earn travel points. As with many other programs, merchandise has will usually give your points low value while some redemptions will give you exceptional value. If you are ready to look at the BMO Rewards World Elite Mastercard, though, you’ll find another worthy card to consider. This site is informational and meant to provide help in calculating points with various programs. Greedyrates puts the average point value of a BMO Rewards point at $.007 where the average point value for an MBNA point is $.01, making the MBNA point more valuable (read more about loyalty points here). For more information or to redeem your points, visit the Club Rewards website at clubrewardscanada.com or call 1-800-663-0798 1 8 0 0 6 6 3 0 7 9 8 (Monday – Sunday 9 a.m. – 9 p.m. (EST). An introductory interest rate of 1.99% on all balance transfers, with a 1% transfer fee charge, for 9 months. Get 1 BMO Reward point for every $1 spent on eligible purchases, and get 2 BMO Rewards points for every $1 spent at participating National Car Rental and Alamo Rent A Car locations. If you're trying to build your balance of BMO Rewards Points or you want to know how much value you can get out of their program, you can use the BMO Rewards Credit Card Point Calculators to calculate total points and the cash value of each card based on spend, card benefits, and annual fees. The BMO rewards points also do not have a consistent value across all their potential redemption categories. Get the list of redemption options and calculate the cash value of BMO Rewards Points for each option. There is no cap on the amount of base points that can be earned. User our BMO Rewards Points calculator to compare the best BMO Rewards Points credit cards in Canada. The dollar value of a BMO Rewards point remains constant at $0.007, as you receive a $1.00 credit for every 140 points. When you redeem your BMO Rewards Points for travel, you'll get the best value of 0.71 cents per point. You can earn three points per $1 spent on travel and dining, up to $2,500 each quarter. Finally (and perhaps most importantly for some), BMO rewards points can also be converted to pseudo-cash options if you aren’t happy with any of the actual rewards being offered. The BMO Rewards Mastercard is a solid no fee travel rewards card that earns flexible rewards points for travel, gift cards, and more. Increments of 15,000 reward points can be traded for a $50 credit to be applied to your next credit card bill. There aren't any other uses of BMO Rewards, which limits the potential upside. Get a rate of 1.99% on balance transfers for 9 months. Welcome offer: You deserve to be rewarded! Technically speaking, the BMO Rewards points value is .0071 cents each since it costs 140 points to claim $1 in … You can earn three points per $1 spent on travel and dining, up to $2,500 each quarter.