Reviewed by Jen, founder of MoneyMint · Updated September 25, 2026

BMO (Bank of Montreal)Porter Airlines Co-Brand (No Income Minimum)

BMO VIPorter Mastercard

Our take: strongest for groceries and gas — about 1.5% back in value (est.) for $89 a year, plus a welcome bonus we value at roughly $600.

Welcome bonusEarn up to 40,000 VIPorter points plus a 35% off flight voucher.

Apply on BMO’s site →

Goes straight to BMO
Our review

The BMO VIPorter Mastercard is the entry-level tier of BMO’s Porter Airlines co-brand program — a lower-fee alternative to the VIPorter World Elite Mastercard with no minimum income requirement. It earns Porter points at a modest rate and includes priority check-in and boarding, but skips the World Elite tier’s companion pass, checked-bag perk, and higher earn rates.

3.4out of 5

MoneyMint rating

#20 of 30 travel rewards cards · How we rate

Rewards value

3/10

Insurance

10/10

Flexibility

8/10

Welcome bonus

9/10

Fee value

10/10

Perks

2/10

≈ $804

estimated first-year value after the annual fee, on a typical $2,050/month budget. Points are converted to dollars using MoneyMint’s own valuations — see our points value calculator for how each program is valued. See it for your spending →

At a Glance

Annual Fee

$89/year (first year waived)

Welcome Bonus

Up to 40,000 VIPorter points + 35% off vouchertiered spend over 12 months; ends Oct 31, 2026

Rewards

~1.5%on groceries (est. value)

Rewards Rate

2 pts/$1 on Porter, 1 pt/$1 select categories

Foreign Transaction Fee

2.5%

Credit Score Needed

Good (est.)

Purchase APR 21.99%

Pros & Cons

Pros

No minimum personal or household income requirement — more accessible than the World Elite tier
2 points per $1 on Porter Airlines purchases; 1 point per $1 on gas/transportation, groceries/dining, and hotels
Welcome offer of up to 40,000 VIPorter points plus a 35%-off Porter flight voucher
Priority check-in, security, and early boarding on Porter flights, extending to companions on the same booking
Automatic VIPorter status enrollment on approval, no minimum flying required
First-year annual fee waived

Cons

No companion pass, unlike the World Elite tier
No complimentary checked bag or carry-on
Base earn rate on non-bonus purchases is just 0.5 points per $1 — weak relative to flat-rate cash-back cards
Emergency medical insurance window is shorter than the World Elite tier’s (8 days vs. 21 days)
Ongoing annual 35%-off flight voucher requires $25,000 in yearly spend to unlock — a high bar for most cardholders
Welcome bonus is tiered over 12 months and the offer ends October 31, 2026 — see the current offer above

Rewards & Earn Rates

Porter Airlines purchases2 pts/$1

Gas & transportation1 pt/$1

Groceries & dining1 pt/$1

Hotel accommodations1 pt/$1

All other purchases0.5 pts/$1

This card is best understood as the accessible on-ramp to BMO’s Porter co-brand program — no income requirement, but also no companion pass or checked-bag perk, which are reserved for the World Elite tier.

Who It’s For

Best for

Occasional Porter Airlines flyers who don’t meet the World Elite tier’s income requirement
Cardholders who want to try BMO’s Porter co-brand program at a lower annual fee
Applicants who want priority boarding perks without a high income bar

Not ideal for

Frequent Porter flyers who would get more value from the World Elite tier’s companion pass and checked-bag benefit
Cardholders who want a strong flat rate on everyday, non-Porter spending
Travelers wanting the World Elite tier’s longer 21-day emergency medical coverage window

Not Sure? Three Cards People Compare It With

All travel cards →

Scotiabank Passport Visa Infinite Business Card

Pick this instead if you spend abroad — it has no foreign transaction fee.

Fee $199Rating 3.8 ★Bonus $400

Read review

MBNA Rewards World Elite Mastercard

Pick this instead if most of your spending is groceries (~5% est.).

Fee $120Rating 3.4 ★Bonus $300

Read review

Tangerine Rewards World Elite Mastercard

Pick this instead if most of your spending is groceries (~1.5% est.).

Fee $120Rating 3.4 ★Bonus $600

Read review

3.4MoneyMint rating

BMO VIPorter Mastercard

Best for groceries and gas · $89/year · ~$600 welcome bonus (est.)

Apply on BMO’s site →Find a better fit

Jen, founder of MoneyMint

Reviewed by Jen. Every figure on this page was checked against BMO’s official card page on September 25, 2026. How we rate cards →

This is general information, not personalized financial advice — consider your own spending habits and consult a professional for decisions specific to your situation. Rates, fees, and offers are set by BMO (Bank of Montreal) and can change without notice; always confirm current terms on the issuer’s official page before applying.

Frequently Asked Questions

What is the annual fee for the BMO VIPorter Mastercard?

The BMO VIPorter Mastercard has an annual fee of $89/year, first year waived; $35/year per additional cardholder.

What is the rewards rate on the BMO VIPorter Mastercard?

The BMO VIPorter Mastercard offers: 2 VIPorter points per $1 on Porter Airlines purchases; 1 point per $1 on gas/transportation, groceries/dining, and hotels (annual spending caps by category are reported by some sources but not confirmed on BMO’s own page — confirm with BMO); 0.5 points per $1 on all other purchases.

Does the BMO VIPorter Mastercard have a welcome bonus?

Up to 40,000 VIPorter points — 10,000 after spending $3,000 in the first 110 days, 15,000 after spending $6,000 in the first 180 days, and 15,000 after spending $10,000 in the first 365 days — plus a 35%-off Porter flight voucher after $6,000 in spend. Verified against BMO’s terms and conditions Sept 10, 2026; the offer ends October 31, 2026.

What credit score do I need to qualify for the BMO VIPorter Mastercard?

Generally, you’ll want a good credit score to be considered for the BMO VIPorter Mastercard. Approval also depends on income and overall credit history, not credit score alone.

Does the BMO VIPorter Mastercard charge foreign transaction fees?

2.5%