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BMO Blue Rewards is the program that used to be AIR MILES. Your old Reward Miles turned into Blue Points with no loss in value. BMO says 1,500 Blue Points are worth $10 in store or on eGift Cards.
Checked October 2026
Point value$10per 1,500 points, in store or on eGift Cards
Value per point0.67¢worked out from 1,500 points = $10
Cost to joinNoneno BMO card or account needed
Travel boost10xup to 10x points on flights, hotels and car rentals booked through Blue Rewards Travel
Earns Blue Rewards Points (Blue Rewards was formerly AIR MILES); 1,500 Points = $10 when redeemed in store or for eGift Cards
Extra Blue Points on top of card points when you use your Blue Rewards Member Card at checkout
Free extra cardholder
Up to 30% off Avis and up to 35% off Budget base rates when you prepay (minimum 10% off when you book with the card)
20% off Cirque du Soleil shows in Canada and 15% off resident shows in Las Vegas
Three months of Instacart+ and a $5 monthly Instacart credit when you enroll your card
LAB REPORT
If you shop at BMO Blue Rewards partners, the program that used to be AIR MILES, this free card earns 5 points per dollar there. Most other spending earns just 0.5, though.
Suits you if
You shop at Blue Rewards partners often
You used to collect AIR MILES and want to keep going
You want points without paying a yearly fee
Look elsewhere if
You want one card for everything, since most purchases earn 0.5 points
You want travel insurance with your card
You shop or travel abroad, where a 2.5% fee applies
Credit Lab Expert
No annual fee, with a free extra cardholder
5 points per dollar at Blue Rewards partners, up to $15,000 a year
1 point per dollar on groceries, gas, EV charging, wholesale clubs and alcohol
Current offer: 0.99% on balance transfers for 9 months
0.5 points per dollar on everything else
Category rate capped at $500 per category each statement cycle
Insurance limited to purchase protection and extended warranty
Welcome offer excludes current and former Blue Rewards cardholders
BMO Blue Rewards World Elite®* Mastercard®*: fees and rates
Annual fee
$150
Foreign transaction fee
2.5%
Purchase rate
21.99%
Cash advance rate
23.99%
Balance transfer rate
23.99%
Eligibility
BMO Blue Rewards World Elite®* Mastercard®*: eligibility
Recommended credit score
720or higher (Good)
Minimum personal income
$80,000
Minimum household income
$150,000
Out-of-province/country emergency medical
Trip cancellation
Trip interruption and delay
Car rental collision/loss damage
Common carrier accident
Flight delay
Baggage loss and delay
Hotel burglary
Purchase security
Extended warranty
Earns Blue Rewards Points (Blue Rewards was formerly AIR MILES); 1,500 Points = $10 when redeemed in store or for eGift Cards
Mastercard Travel Pass provided by DragonPass membership with 4 free lounge passes per calendar year (then US$32 per person, per visit)
BMO Roadside Assistance (DAA Basic Coverage) included
$200 NEXUS statement credit in the first year
Up to 30% off Avis and up to 35% off Budget base rates when you prepay (minimum 10% off when you book with the card)
20% off Cirque du Soleil shows in Canada and 15% off resident shows in Las Vegas
LAB REPORT
Blue Rewards collectors who also travel get the most from this card. Partner purchases earn 10 points per dollar, and you get travel medical insurance, roadside assistance and 4 free lounge passes a year.
Suits you if
You spend a lot at Blue Rewards partners
You travel a few times a year and want strong insurance
You’d use free lounge passes and roadside help
Look elsewhere if
You earn less than $80,000, or $150,000 as a household
You spend over $500 a month on groceries, past the 2x cap
You don’t want to pay $150 a year for a points card
Credit Lab Expert
10 points per dollar at Blue Rewards partners, up to $25,000 a year
2 points per dollar on groceries, gas, EV charging, wholesale clubs and alcohol
First-year annual fee waived under the current offer
Travel medical, trip cancellation and car rental coverage
$150 annual fee from the second year
2x categories capped at $500 each per statement cycle
Requires $80,000 individual or $150,000 household income
2.5% foreign transaction fee
AIR MILES is now BMO Blue Rewards (2026): what your points are worth and how to use them
LAB REPORT
Best for former AIR MILES collectors and BMO cardholders who want points from everyday shopping. Points are worth about 0.67¢, less than most bank programs, but it’s free to join and you don’t need a BMO card to earn.
Suits you if
You collected AIR MILES and want to keep your points working
You shop at Blue Rewards partners or book through Blue Rewards Travel
You want your BMO card spending to add to the same balance
Look elsewhere if
You want the most value per point, since most bank programs pay about 1¢
You want to move points to airline programs
You’d rather have straight cash back
Credit Lab Expert
What are your BMO Blue Rewards points worth?
How many points will I earn?
You’d earn about250 pointsWorth about $1.67 at 0.67¢ a point. Rates vary by card, so pick yours above for its exact rates.
How many points do I need?
Published price1,500 pointsWorth $101,500 points = $10.
Blue Rewards is a loyalty program. You collect Blue Points when you shop with partner brands or pay with an eligible BMO card. Then you spend the points on rewards.
It is the new name for AIR MILES. BMO’s own page says the AIR MILES program “has transitioned to Blue Rewards.” The program is run by a BMO company. BMO announced the change in January 2026 and launched it on June 2, 2026.
BMO’s FAQ says your Reward Miles have converted to Blue Points, with no loss in value. You did not need to do anything. Your AIR MILES Collector number is now your Blue Rewards Member number. If you had a BMO AIR MILES card, you kept the same card and card number.
What Blue Points are worth
BMO publishes one clear rate: 1,500 Blue Points = $10. That applies when you redeem in store at participating partners or toward eGift Cards. Standard daily point-use limits and terms apply.
The maths is simple. $10 divided by 1,500 points is about 0.67 cents per point. Put another way, 100 points is worth about 67 cents.
Blue Points and what they buy at the published rate
Blue Points
Value
1,500
$10
3,000
$20
7,500
$50
15,000
$100
BMO says other kinds of redemption have their own terms and their own rates. That includes some merchandise and travel. We only count the published 1,500-for-$10 rate here, because it is the one with a fixed value.
How you earn Blue Points
There are a few ways to build up points. You can mix them.
Shop with Blue Rewards partners, in store or online. Show your Member card or pay with a linked card.
Pay with an eligible BMO payment card. BMO says Blue Rewards credit cards earn faster on everyday spending like groceries, gas, EV charging and wholesale clubs.
Bank with BMO. The Blue Rewards Chequing Account earns points and can add monthly bonus points when you meet its rules.
Book travel through Blue Rewards Travel, powered by Expedia.
Use card offers from partner brands after you link your Member number to your BMO payment card.
Our page for each card lists the exact earn rates, so we keep them out of this guide. Rates and bonus rules can change.
BMO has named new partners as part of the launch. These include Dollarama, Instacart, Porter Airlines, and several restaurant brands from MTY Group: Thai Express, Mr. Sub, Manchu Wok, Mucho Burrito, Pizza Delight and Jugo Juice. BMO’s release also names Accor brands, including Fairmont, Sofitel and Novotel.
BMO also says you will keep earning at many of the brands you knew from AIR MILES. It says more partners are coming. The partner list changes over time, so check the Blue Rewards site before you plan a purchase around one brand.
Some partner earning is opt-in. BMO’s release describes earning with a linked payment card at some partners, such as 1 point per $1 spent at MTY Group restaurants and at Instacart. These details can change.
If you fly Porter, BMO says VIPorter members can also link their account to earn more VIPorter points each time they fly.
How to redeem your points
BMO says you can redeem for travel, merchandise, eGift Cards, entertainment and in-store purchases.
Sign inLog in to your Blue Rewards account on the Blue Rewards site. You can also reach Blue Rewards from BMO Digital Banking.
Pick a reward typeChoose an eGift Card, an in-store reward, merchandise or travel.
Check the rateFor eGift Cards and in-store use, the published rate is 1,500 points for $10.
ConfirmEligible eGift Card redemptions start at 1,500 points for $10. They cannot be returned once redeemed.
Minimums and daily limits for in-store and eGift Card redemptions are set out in the Blue Rewards FAQ, so check them before you redeem.
Redemption options at a glance
Option
What to know
eGift Cards
1,500 points = $10. Final once redeemed.
In store at partners
1,500 points = $10. A minimum purchase applies.
Travel
Book flights, hotels and car rentals through Blue Rewards Travel. Any amount of points can reduce the cost. Cruises are excluded.
Merchandise and other rewards
Separate terms and rates apply.
Using points for travel
Blue Rewards Travel is powered by Expedia. BMO says you can book flights, hotels and car rentals. Cruises are not included.
BMO says you can use points to pay for a whole trip, including taxes and fees. Pay-at-property fees are excluded. You can also use any amount of points to lower what you pay out of pocket. When you use a mix of a BMO Blue Rewards credit card and points, you pay the rest on the card.
BMO also notes that travel booked before March 16, 2026 falls under older terms. Onyx tier status is not available to members who joined only after the move from AIR MILES to Blue Rewards.
Expiry, limits and rules
We could not confirm a points expiry rule on BMO’s pages, so we do not state one. Check your account and the terms on the Blue Rewards site.
Daily limits: BMO says standard daily points-use limits apply to the 1,500-for-$10 rate.
eGift Card redemptions are final and cannot be returned.
Some bonus points need you to opt in or meet monthly conditions.
Debit card earning on grocery, gas, EV charging and wholesale purchases is capped each month on accounts that are not the Blue Rewards Chequing Account.
BMO’s Blue Rewards credit cards and chequing account have their own fees and terms. Read each product’s page first.
How to get the most value
Join first. It is free, and you do not need a BMO product.
Link your Member number to your BMO payment card to unlock partner offers and extra points.
Show your Member card at partners, even when you pay with a Blue Rewards credit card. BMO says this earns more points on top of your card points.
Use the 1,500-for-$10 rate as your baseline. If a reward costs more than that rate, you are getting less value.
Compare travel prices in cash and in points before you book.
Look at welcome offers and monthly bonuses, but read the conditions. Bonus points often need a minimum balance or spend.
Do not let points sit forever. We could not confirm an expiry rule, so use them on a schedule you set.
Remember that 0.67 cents a point is the floor for the published rate, not a promise for every reward. Always check the terms in your own account.
Who Blue Rewards suits
It can suit people who already shop at partner brands and want something back on everyday spending. It can also suit former AIR MILES collectors who want to keep their balance and Collector number.
Good fit: people who buy groceries, gas and wholesale club goods and want simple, flexible rewards.
Good fit: people who like eGift Cards and in-store rewards at a fixed rate.
Think twice: people who want a high, fixed cash-back rate on every purchase. Compare a cash-back card on our site.
Think twice: people who plan to rely on one partner brand that might change its terms.
Blue Rewards is one program among many. Compare it with other rewards and cash-back cards before you decide.
Frequently Asked Questions
Is Blue Rewards the same as AIR MILES?
Blue Rewards is the new name for the AIR MILES program. BMO says the AIR MILES program has transitioned to Blue Rewards. Your Reward Miles converted to Blue Points with no loss in value.
What are Blue Rewards points worth?
BMO says 1,500 Blue Points = $10 when redeemed in store at participating partners or toward eGift Cards. That is about 0.67 cents per point. Other redemptions have separate rates.
What happened to my AIR MILES balance?
BMO says your Reward Miles automatically converted to Blue Points with no loss in value, and you did not need to do anything. Your Collector number is now your Blue Rewards Member number.
Do Blue Rewards points expire?
We could not confirm a points expiry rule on BMO’s pages, so we cannot say. Check the terms on the Blue Rewards site or call Customer Care.
Do I need a BMO credit card to earn Blue Points?
No. BMO says you can sign up and collect Blue Points without a BMO credit card or bank account. A BMO card or chequing account helps you earn faster.
Is Blue Rewards the same as BMO Rewards?
No. BMO says they are different programs. BMO Rewards is only available with select BMO credit cards.
Can I use Blue Points for travel?
Yes. You can use points toward flights, hotels and car rentals through Blue Rewards Travel, powered by Expedia. Cruises are excluded. Any amount of points can lower the price.
What is the minimum to redeem?
BMO values points at 1,500 points for $10 in store or toward eGift Cards. Check the Blue Rewards FAQ for current minimums and limits before you redeem.
General information for Canadians, not financial advice. Programs change their rules and redemption rates, so confirm the details with the program before you redeem. See our methodology.
