Fixed-value program — points redeem at exactly 0.6¢ per point.
Blue Points are BMO's new in-house currency (launched June 2026), not transferable to airline or hotel programs. The headline redemption is Blue Rewards Travel — flights, hotels and car rentals booked through BMO — at roughly 0.64-0.67 cents per point; e-vouchers / gift cards redeem at similar value and a cash statement credit is the last-resort floor. The World Elite card earns up to 10x through Blue Rewards Travel and partners.