The BMO IGA AIR MILES MasterCard allows its holders to earn AIR MILES Rewards Miles while they shop, as well as benefit from purchase protection and extended warranty.  With no annual fee, you can earn 2 AIR MILES Reward Miles for every $20 in card purchases at IGA and at participating AIR MILES Partners, plus earn 1 Mile for every $20 you spend on your card elsewhere. This card also offers a welcome bonus of 800 bonus miles, 400 of which are granted after the first card purchase, and an additional 400 are offered when you spend $1,000 in the first 3 months of card membership. Air Miles can be redeemed for a number of different rewards, including travel, merchandise, tickets and more. All in all, this card offers a good amount for no fee, with flexible ways to earn and redeem points as well as a pretty big welcome bonus, and if you’re looking for a card with no fee that still gives you rewards this could be it. However, you would definitely see more rewards with a card for which you pay a fee.

As per our rating system, this card scored 18/25 on rewards, 16/25 on interest rates and balance transfers, 8/25 on perks and insurance, and 25/25 on annual fees. Therefore, the total smart score of this card is 67/100.