Canadian Air Miles Credit Cards
Air Miles Credit Cards are extremely helpful for travelers who have good credits. These cards provide travelers with a range of rewards associated with travelling, which include:
- One mile per dollar that is spent
- Double miles for using the card on particular hotels
- Airlines and rental cars
- Sign-up bonus miles
- Free bag check-in
- Sky club access
In Canada, most cards of this type allow users to gain extra miles on every purchase. These can be redeemed to pay for various travel expenses. Commonly, users have to pay an annual fee for these cards. They are provided with round-the-clock customer support.
Types of Air Miles Credit Cards
With four personal credit cards, Air Miles Credit is equipped with a huge business suite and considered to be one of the biggest rewards programs in Canada. These are:
American Express Air Miles Credit Card
Users are not charged any annual fee and offered an interest rate of 19.99%. The minimum income required for such type of card is USD 15000.
Advantages
Some of the main advantages of this card are:
- Cost free supplementary cards
- Zero annual fee
- American Express Front Of The Line access
Disadvantages
The prime disadvantage of this card is its low rate of return.
For any travel accident, users or their families are provided with an insurance amount equal to USD 100,000.
BMO Air Miles MasterCard
This card offers a reward of 1 mile per USD 20 spent. Users are not offered any signing bonus and charged an interest rate of 12.9% or 19.5%.
Advantages
Some of its main advantages are:
- No predetermined income
- Cost-free supplementary cards
- A proper suite of reasonable price
Disadvantages
Some of its primary disadvantages include:
- No sign-up bonus.
- No medical or rental car insurance.
Users are assured a warranty of up to 1 year.
American Express Air Miles Platinum Credit Card
It is widely known as one of the lowest-priced platinum cards available in the Canadian market, with an annual fee of USD 65.
Advantages
Some of its main advantages are:
- It is a cost-free supplementary card
- It offers a high sign up bonus
Disadvantages
The prime disadvantage of this card is its average rate of return.
For any travel accident, the card offers coverage of USD 100000.
BMO Gold Air Miles MasterCard
This type of credit card offers an increased annual fee of USD 99 along with low insurance benefits. It charges an interest rate of 12.9% or 19.5%.
Advantages
Some of the main advantages that users can get include:
- No predetermined income
- Higher earning rate
- Infrequent sign up bonus
Disadvantages
Low signup bonus is the prime disadvantage of this card.
Customers are assured of a travel insurance amount worth USD 500,000.
Canadians having a low annual income can find ideal options in the above-mentioned credit cards. A great credit card makes your travel more relaxed and hassle-free. Choose the card that suits your preferences and makes your journey more comfortable.
