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Shell Mastercards from BMO Review

    There are good rewards for clients who use brands that are linked to credit cards. Regular Shell customers should consider a Shell MasterCard offered by the Bank of Montreal (BMO). Below is an overview of four Shell Mastercard options, all linked to a rewards program. Shell is a brand that participates with the Air Miles customer loyalty program, which makes it no surprise that BMO offers a Shell AIR MILES®† MasterCard®* from BMO.

    Shell AIR MILES®† MasterCard®* from BMO

    The welcome offer provides new cardholders with 800 bonus Air Miles when $1,000 is charged on the card within the first 90 days of opening the account. That’s a value of $80 worth of Air Miles points or Air Miles Cash.

    After that, clients earn 3 Miles for every $25 spent at Air Miles partners, which includes Shell. One Mile is earned for every $25 spent on purchases everywhere else. Until May 31st, clients get a “top-up” of 5x the Air Miles earned when they purchase their groceries at Safeway, Sobeys, Foodland (and participating co-ops), Thrifty Foods, Urban Fresh, IGH, Rachelle Béry, and Les Marchés Traditions.

    The interest rates on the Shell AIR MILES Mastercard from BMO are standard —19.99% for purchases and 22.99% for cash advances. There is no annual fee on this credit card.

    Shell AIR MILES World MasterCard®* from BMO

    BMO’s Shell AIR MILES World MasterCard®* from BMO is a slight step up from the credit card highlighted above. Clients earn 1.25 Miles for every $15 spent on purchases made at Shell locations within Canada and 1 Mile for every $15 spent elsewhere. The “top-up” limited-time promotion on groceries of 5x the Air Miles is offered on this card, as well.

    The Shell Air Miles World Mastercard from BMO also offers clients Car Rental Collision Damage Waiver coverage and Flight Delay and Baggage Insurance. Customers are given a Dominion Automobile Association (DAA) membership for free and gain access to BMO’s basic coverage Roadside Assistance Program.

    The interest rates for the World Mastercard are the same as above; however, this credit card has an annual fee of $99. The eligibility requirements for applying are an annual income of $60,000 (individual) or $100,000 (household).

    Shell CashBack MasterCard® from BMO

    For clients who don’t like collecting Miles or points, there’s the Shell CashBack MasterCard® from BMO. Customers are given $50 cash back for this credit card’s “welcome offer”, after their first purchase. As well, 1% cash back on other spending can be earned during the first six months the account is opened. After that, cardholders earn 1.5% in cash-back rewards on every $1 spent on the Mastercard when making purchases at Shell locations across Canada. Customers also earn 0.5% cash back on all other spending.

    The interest rates on the Shell CashBack Mastercard from BMO are 19.99% for purchases and 22.99% for cash advances. There is no annual fee for the Shell CashBack Mastercard.

    Shell CashBack World MasterCard® from BMO

    A step up from BMO’s Shell CashBack Mastercard is their World Mastercard option. While there is an annual fee of $79, clients earn 3% cash back on every dollar spent at Shell locations across Canada. Customers collect 1.25% cash back on all other spending.

    The interest rates are the same as the standard Shell CashBack Mastercard, but clients are also provided with Car Rental Collision Damage Waiver coverage and Flight Delay and Baggage Insurance. Customers of this credit card receive a Dominion Automobile Association (DAA) membership for free and gain access to BMO’s basic coverage Roadside Assistance Program.

    The eligibility requirements for applying are an annual income of $60,000 (individual) or $100,000 (household).

    All four of the Shell reward credit cards highlighted above come with worldwide acceptance, something Mastercard holders have come to appreciate while shopping close to home or abroad. In addition, Purchase Protection and Extended Warranty is given for items that are charged to these credit cards. Lastly, all four of these Mastercards can be added to Apple Pay, which is easily downloaded on any Apple smartphone, to create a hassle-free shopping experience. No wallet is needed, just your mobile!

    Customers can conveniently apply for any of the above Shell CashBack MasterCard® from BMO or Shell AIR MILES World MasterCard®* from BMO.

    Christopher - BSc, MBA

    With over two decades of combined Big 5 Banking and Agency experience, Christopher launched Underbanked® to cut through the noise and complexity of financial information. Christopher has an MBA degree from McMaster University and BSc. from Western University in Canada.

    Christopher - BSc, MBA

    Christopher - BSc, MBA

    With over two decades of combined Big 5 Banking and Agency experience, Christopher launched Underbanked® to cut through the noise and complexity of financial information. Christopher has an MBA degree from McMaster University and BSc. from Western University in Canada.