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Porter Airlines, BMO and Mastercard Accelerate Canadians’ Travel Rewards Journey with New Credit Card Program

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Porter Airlines, BMO, and Mastercard have announced a partnership to launch a new credit card program in spring 2025. The new BMO VIPorter Mastercard suite aims to enhance travel benefits and accelerate rewards earning for Canadian travelers.

The program will enable cardholders to earn VIPorter points through everyday purchases, redeemable for flights across Porter's expanding North American network and partner airlines. Key features of the VIPorter program include 100% points earning on all flights including Basic economy fares, accelerated earning for Avid Travellers, and redemption options with no blackout dates.

Members can earn confirmed PorterReserve flight certificates starting at $3,000 in annual spend, and the Head Start feature allows carrying over up to $3,000 in Qualifying Spend to the next year. A pre-launch waitlist is currently open for VIPorter members with special offers for eligible customers.

Porter Airlines, BMO e Mastercard hanno annunciato una partnership per lanciare un nuovo programma di carte di credito nella primavera del 2025. La nuova suite BMO VIPorter Mastercard ha l'obiettivo di migliorare i vantaggi di viaggio e accelerare l'accumulo di premi per i viaggiatori canadesi.

Il programma permetterà ai titolari di guadagnare punti VIPorter attraverso acquisti quotidiani, che possono essere riscattati per voli nella rete nordamericana in espansione di Porter e con le compagnie aeree partner. Le caratteristiche principali del programma VIPorter includono un guadagno del 100% di punti su tutti i voli, comprese le tariffe Basic economy, un'accelerazione nel guadagno per i viaggiatori più assidui e opzioni di riscatto senza date di blackout.

I membri possono guadagnare certificati di volo PorterReserve confermati a partire da $3.000 di spesa annuale, e la funzione Head Start consente di portare fino a $3.000 di Spesa Qualificante all'anno successivo. È attualmente aperta una lista d'attesa pre-lancio per i membri VIPorter con offerte speciali per i clienti idonei.

Porter Airlines, BMO y Mastercard han anunciado una asociación para lanzar un nuevo programa de tarjetas de crédito en la primavera de 2025. La nueva suite BMO VIPorter Mastercard tiene como objetivo mejorar los beneficios de viaje y acelerar la acumulación de recompensas para los viajeros canadienses.

El programa permitirá a los titulares de tarjetas ganar puntos VIPorter a través de compras diarias, canjeables por vuelos en la red norteamericana en expansión de Porter y aerolíneas asociadas. Las características clave del programa VIPorter incluyen un 100% de acumulación de puntos en todos los vuelos, incluidas las tarifas de clase económica básica, acumulación acelerada para viajeros frecuentes y opciones de canje sin fechas de bloqueo.

Los miembros pueden ganar certificados de vuelo confirmados de PorterReserve a partir de $3,000 en gastos anuales, y la función Head Start permite transferir hasta $3,000 en Gastos Calificados al siguiente año. Actualmente hay una lista de espera abierta para miembros VIPorter con ofertas especiales para clientes elegibles.

포터 항공, BMO 및 마스터카드2025년 봄에 새로운 신용 카드 프로그램을 출시하기 위한 파트너십을 발표했습니다. 새로운 BMO VIPorter 마스터카드 스위트는 캐나다 여행자들을 위한 여행 혜택을 향상하고 보상 적립을 가속화하는 것을 목표로 하고 있습니다.

이 프로그램은 카드 소지자가 일상적인 구매를 통해 VIPorter 포인트를 적립할 수 있게 하며, 이는 포터의 북미 네트워크 및 파트너 항공사에서 사용할 수 있습니다. VIPorter 프로그램의 주요 특징은 모든 항공편에서 100% 포인트 적립이 가능하다는 점, 기본 이코노미 요금을 포함한 모든 항공편에서 포인트가 적립되며, 자주 여행하는 사람들을 위한 가속화된 적립 및 블랙아웃 날짜 없이 리딤 옵션을 제공하는 것입니다.

회원들은 연간 소비가 $3,000부터 시작되는 포터 리저브 비행 인증서를 적립할 수 있으며, 헤드 스타트 기능을 통해 최대 $3,000까지 적격 지출을 다음 해로 이월할 수 있습니다. 현재 VIPorter 회원을 위한 사전 출시 대기 명단이 열려 있으며, 자격이 되는 고객을 위한 특별 제안이 있습니다.

Porter Airlines, BMO et Mastercard ont annoncé un partenariat pour lancer un nouveau programme de carte de crédit au printemps 2025. La nouvelle suite BMO VIPorter Mastercard vise à améliorer les avantages de voyage et à accélérer l'accumulation de récompenses pour les voyageurs canadiens.

Le programme permettra aux titulaires de carte de gagner des points VIPorter à travers des achats quotidiens, échangeables pour des vols sur le réseau nord-américain en expansion de Porter et avec les compagnies aériennes partenaires. Les principales caractéristiques du programme VIPorter incluent un accumulation de 100% de points sur tous les vols, y compris les tarifs économiques de base, une accumulation accélérée pour les voyageurs réguliers et des options de rachat sans dates d'empêchement.

Les membres peuvent gagner des certificats de vol PorterReserve confirmés à partir de 3 000 $ de dépenses annuelles, et la fonction Head Start permet de reporter jusqu'à 3 000 $ de dépenses éligibles à l'année suivante. Une liste d'attente pré-lancement est actuellement ouverte pour les membres VIPorter avec des offres spéciales pour les clients éligibles.

Porter Airlines, BMO und Mastercard haben eine Partnerschaft angekündigt, um im Frühjahr 2025 ein neues Kreditkartenprogramm zu starten. Die neue BMO VIPorter Mastercard Suite soll die Reisevorteile verbessern und das Punkte sammeln für kanadische Reisende beschleunigen.

Das Programm ermöglicht es den Karteninhabern, VIPorter-Punkte durch alltägliche Einkäufe zu verdienen, die für Flüge im wachsenden nordamerikanischen Netzwerk von Porter und bei Partnerfluggesellschaften einlösbar sind. Zu den wichtigsten Merkmalen des VIPorter-Programms gehören 100% Punktegutschrift auf allen Flügen, einschließlich der Basic Economy Tarife, beschleunigte Verdienstraten für Vielreisende und Einlösungsmöglichkeiten ohne Blackout-Daten.

Mitglieder können bestätigte PorterReserve-Flugscheine ab einem Jahresausgabenbetrag von 3.000 $ erlangen, und die Head Start-Funktion ermöglicht es, bis zu 3.000 $ der berechtigten Ausgaben ins nächste Jahr zu übertragen. Der Voranmeldungs-Warteliste für VIPorter-Mitglieder ist derzeit geöffnet und bietet spezielle Angebote für berechtigte Kunden.

Positive
  • Partnership with major financial institutions BMO and Mastercard expands customer reach
  • New credit card program creates additional revenue stream through card spending
  • Program enhances customer loyalty through accelerated rewards earning
  • Flexible redemption options with no blackout dates increase program attractiveness
  • Integration with expanding North American network and global airline partners
Negative
  • Delayed implementation with launch not until spring 2025
  • Competitive market with numerous existing travel reward credit cards

Insights

This strategic partnership marks a significant development in the competitive Canadian credit card market, with potential positive implications for Mastercard's revenue streams and market position. The timing of the spring 2025 launch aligns with Porter's network expansion and the post-pandemic travel recovery phase, potentially capturing increased consumer travel spending.

The program's structure offers several competitive advantages:

  • Full points earning on basic economy fares, creating a unique value proposition in the Canadian market
  • Low spending threshold of $3,000 for premium benefits, significantly below industry standards
  • Flexible redemption options including points-only and cash-plus-points with no blackout dates

For Mastercard, this partnership represents a strategic opportunity to: 1) Strengthen its position in the premium card segment 2) Capture increased transaction volume through travel spending 3) Enhance its competitive position against Visa and American Express in the Canadian market.

The program's innovative features, particularly the Head Start program and confirmed PorterReserve flight certificates, suggest a well-designed product that could drive significant card acquisition and spending. The partnership could generate substantial interchange revenue for Mastercard, especially given the typically higher-than-average spending patterns of travel rewards cardholders.

This credit card launch represents a strategic evolution in Porter's business model, perfectly timed with their network expansion and positioning as a premium economy carrier. The program's structure reveals sophisticated market understanding through several key features:

  • Integration with global airline partners, suggesting future international growth potential
  • Comprehensive rewards structure that includes both casual and frequent travelers
  • Innovative Head Start feature that encourages ongoing program engagement

The partnership's timing is particularly strategic, coinciding with several industry trends:

1) Growing preference for premium economy products among business and leisure travelers
2) Increased focus on loyalty program value and flexibility
3) Rising demand for travel rewards following the pandemic recovery

The program's structure, particularly the absence of blackout dates and flexible redemption options, addresses common pain points in airline loyalty programs. This could significantly enhance Porter's competitive position against larger carriers in the Canadian market, potentially driving market share gains in key business routes.

New VIPorter travel credit card to launch in spring 2025

TORONTO--(BUSINESS WIRE)-- Porter Airlines, BMO and Mastercard are partnering to accelerate Canadians’ travel rewards journey. A new BMO VIPorter Mastercard suite will be available to Canadians in spring 2025.

Driven by a shared commitment to exceed customer expectations around service and customer loyalty, this collaboration will provide enhanced travel benefits for cardholders, enabling them to enjoy additional rewards at every step of their journey. Porter’s award-winning flying experience is complemented by its Canadian industry-leading approach to airline loyalty that rewards frequent travellers faster, with members earning valuable travel benefits for fewer flights and less annual spend. The new BMO VIPorter Mastercard credit card suite will accelerate the ability to earn VIPorter points and redeem for flights through everyday purchases. By partnering together, BMO and Porter will strategically work together to deliver more programs that will make travel more convenient and rewarding for Canadians.

“Porter’s elevated economy experience has set the standard for economy travel in North America. With the expansion of our network, we are also building a loyalty program that’s as distinct and value-focused as Porter’s flying experience,” said Kevin Jackson, president, Porter Airlines. “The launch of the BMO VIPorter Mastercard suite is the first of many loyalty enhancements that will create substantial value and recognition for our VIPorter members. BMO and Mastercard are the perfect partners for Porter because each brand is aligned around providing a high level of service and value to our customers.”

“We are thrilled to work with Porter and Mastercard to offer enhanced benefits that make travel more rewarding and attainable for our customers,” said Jennifer Douglas, head, North American retail & small business payments, BMO. “Knowing many Canadians look for a credit card that bridges their lifestyle with their financial goals, including travel, we will empower our customers to accelerate their travel rewards journey, helping them make real financial progress and bringing them closer to their next travel destination.”

“Today’s consumer demands new offerings to bring them closer to their passions, including travel,” said Diane Miquelon, senior vice president, financial institutions, Mastercard, Canada. "We’re proud to partner with Porter and BMO on this new Mastercard credit card suite that offers enhanced travel benefits and provides meaningful value and rewards, while prioritizing trust and security for each transaction.”

The new card will empower VIPorter members to build points quickly for redemption across Porter’s expanding North American network, as well as introduce the redemption of points on Porter’s growing list of global airline partners.

Highlights of Porter’s VIPorter program include:

  • All members receive 100% of their eligible points for every flight purchased, including Basic economy fares, exclusive of taxes and fees. VIPorter is the only airline loyalty program in Canada to give members full value for every dollar they spend on flights
  • Accelerated earning and additional travel benefits for VIPorter Avid Travellers
  • Redeem for any seat across Porter’s expanding network, including points-only and cash-plus-points redemption options, with no blackout dates
  • Earn confirmed PorterReserve flight certificates, starting at $3,000 in annual spend
  • Head Start allows members to carry over up to $3,000 in Qualifying Spend into the next year to accelerate their Avid Traveller benefits

A pre-launch waitlist is open for VIPorter members, with a special offer available if eligibility requirements are met. Full card features will be released at a later date. More information is available at www.flyporter.com.

About Porter

Since 2006, Porter Airlines has been elevating the experience of economy air travel for every passenger, providing genuine hospitality with style, care and charm. Porter’s fleet of Embraer E195-E2 and De Havilland Dash 8-400 aircraft serves a North American network from Eastern Canada. Headquartered in Toronto, Porter is an Official 4 Star Airline® in the World Airline Star Rating®. Visit www.flyporter.com or follow @porterairlines on Instagram, Facebook and Twitter.

About BMO Financial Group

BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.41 trillion as of October 31, 2024. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.

About Mastercard (NYSE: MA)

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Media:



Porter

media@flyporter.com



BMO

Anke Suwanda, Anke.Suwanda@bmo.com



Mastercard

Helena Wade, helena.wade@mastercard.com

Source: Porter Airlines

FAQ

When will the new BMO VIPorter Mastercard be available?

The new BMO VIPorter Mastercard suite will be available to Canadians in spring 2025.

What are the main benefits of the new Porter Airlines credit card program?

The program offers 100% points earning on all flights, accelerated earning for Avid Travellers, redemption with no blackout dates, and PorterReserve flight certificates starting at $3,000 annual spend.

How does the VIPorter Head Start feature work?

The Head Start feature allows members to carry over up to $3,000 in Qualifying Spend into the next year to accelerate their Avid Traveller benefits.

Can VIPorter points be redeemed on partner airlines?

Yes, the new program will allow members to redeem points on Porter's growing list of global airline partners.

How can customers join the VIPorter credit card waitlist?

Customers can join the pre-launch waitlist through www.flyporter.com, with special offers available for those meeting eligibility requirements.

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