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How Can I Redeem BMO Reward Points?Call to add an authorized user to your Premium Rewards or Premier Services Premium Rewards card. Report a lost or stolen card. You also have the ability to redeem points for travel over the phone using a BMO Rewards travel agent, but there's an additional $39 booking fee. Earn 4 BMO Rewards points per dollar spent at eligible gas stations, on office supplies, and on recurring internet/telephone bill payments�.