Following their recent losses at the hands of Scene+, Air Miles needs a turnaround strategy.
They’ve now partnered with BMO to start a new campaign that promises up to 6,000 bonus Air Miles – assuming you like eating out and have six months you can wait.
Let’s take a look.
BMO Air Miles Credit Cards: 15 Bonus Miles per Dining Transaction
From now until October 27, 2022, new applications for BMO co-branded Air Miles Mastercards via this special link are eligible for the new promotion.
Every time you make a purchase of any amount at a store that codes as a restaurant, café, fast food establishment, bar, or food delivery service from November 1, 2022 to April 30, 2023, you will earn 15 bonus Air Miles.
These miles are capped at a limit of 500 bonus miles maximum per month, up to a net total of 3,000 Air Miles for six months from November to April.
When added with the welcome bonus on the BMO Air Miles World Elite Mastercard, this means you could earn a total of 6,000 Air Miles if you take advantage of the entirety of the offer.
- Earn 2,000 Air Miles upon spending $3,000 in the first three months
- Earn
1x3x Air Miles per $12 spent at Air Miles partners - Earn
1x2x Air Miles per $12 spent at grocery stores - Use Air Miles for Cash Rewards or Dream Rewards
- Insurance on award travel
- Minimum income: $80,000 personal or $150,000 household
- Annual fee: $0 for the first year, then $120
As of right now, Cash Miles have a fixed value of 10.5 cents per Air Mile. This means a $3 coffee earning 15 Bonus Miles has a return of approximately $1.57, which is more than 50%.
Due to the low purchase minimums, making smaller transactions or breaking up larger transactions into smaller ones will be the best way to maximize this promotion and earn the full 6,000 Air Miles with minimal outlay.
Still, for a program in such distress, it is tempting to ask: why bother?
Air Miles: (Still) Asleep in the Cockpit
While a bonus of 6,000 Air Miles certainly isn’t unwelcome, the program itself keeps on losing retail partners. It isn’t just Sobeys and Staples that have left; other long-time comrades such as the Lowe’s and its…
Click Here to Read the Full Original Article at Prince of Travel…