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Bank of Montreal partners with LoyaltyOne to introduce new Mastercard offer

LoyaltyOne Inc., a unit of Alliance Data Systems Corp., partnered with Bank of Montreal to introduce an accelerated earn-rate offer on Bank of Montreal's BMO AIR MILES Mastercard.

According to the offer, the new benefit gives holders of the BMO AIR MILES Mastercard twice the usual miles for every C$20 spent at participating AIR MILES sponsors across Canada.

Sponsors include Sobeys, IGA, Safeway, Shell, Rexall, Jean Coutu, Metro and Lawtons.