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Used with permission by Bank of Montreal. You can choose when to apply the discount � for example, on your first flight booking in the calendar year; or save it to apply on another flight booking later in the year � but it can only be used once per calendar year with no carry-overs allowed to the following year. Any portion of the maximum allocated discounted Miles unused in the one eligible flight booking transaction will be forfeited. You can use your points for various things like travel, gift cards, merchandise, and more.