BMO Rewards® Business Mastercard®*
First year rewards (up to)
Gift card
Signup
bonus
bonus
Monthly
bonus
bonus
Annual fee
Annual fee
(1st yr waived)
(1st yr waived)
The total net reward is the dollar amount all your rewards will add up to, minus any annual fee you may have to pay. For a detailed explanation on how we calculated this number, check out the Points Calculator tab.
Get more details
Annual fee
(Waived)
Monthly
interest fee
interest fee
after
months
Required deposit
Rewards
Calculator
Redeem
Insurance
Earn points on each dollar you spend
How much do you spend on gas or in gas stations each month? Remember that even if you buy food or other items at a gas station, it will come up as a gas purchase on your cash back credit card statement.
Gas
3
points per dollar
Earn 3 BMO Rewards points for every $1 you spend on gas, office supplies and cell phone/internet bill payments.
1.5
points per dollar
Earn 1.5 BMO Rewards points for every $1 you spend on everything else.
Monthly spending by category
First year rewards (up to)
First year rewards (up to)
For a limited time, you will receive a promotional offer from Ratehub.ca if your application is approved. Terms and conditions apply. Click here for details.
Gift card
Some credit cards come with an anniversary bonus, to provide more incentive for people to continue using the card for multiple years. The anniversary bonus may be in the form of points, cash, free merchandise, etc, and is given to the card holder every year on the anniversary.
Anniversary bonus
Based on the amount of spending you do each month, our tool determines how much you'll spend on an annual basis and calculates the potential rewards you could earn for doing so.
Spending reward
This is the annual fee you have to pay, in order to use this credit card. The annual fee is charged once per year and is added to your credit card statement.
Annual fee
Total net reward
Subsequent years
Subsequent years
Some credit cards come with an anniversary bonus, to provide more incentive for people to continue using the card for multiple years. The anniversary bonus may be in the form of points, cash, free merchandise, etc, and is given to the card holder every year on the anniversary.
Anniversary bonus
Based on the amount of spending you do each month, our tool determines how much you'll spend on an annual basis and calculates the potential rewards you could earn for doing so.
Spending reward
This is the annual fee you have to pay, in order to use this credit card. The annual fee is charged once per year and is added to your credit card statement.
Annual fee
Total net reward
Value of a BMO Rewards Point
The average dollar value of an individual BMO Rewards point is $0.007. To see how we calculated this, click here.
Step by Step Guide
- Login to your BMO Rewards account, using your rewards number and password.
- If you DO NOT have an online BMO Rewards account you can create an account online at https://www.bmorewards.com or you can redeem points over the phone by calling the BMO Rewards Centre at 1-866-991-2835.
- Points can be redeemed for travel – flights, hotels, cruises and vacation packages.
- Points can be used to cover the base ticket price and all applicable taxes.
- If you do not have enough points to cover the full flight, you can pay the remainder with your BMO credit card.
Fees & interest
This is the annual fee you have to pay, in order to use this credit card. The annual fee is charged once per year and is added to your credit card statement.
Annual fee:
$120
This is the annual interest rate you will pay on purchases, if/when you can't pay off the entire balance by the payment due date outlined on your credit card statement.
Purchase interest rate:
14.99%
Eligibility
This is the total annual family income requirement to be eligible for this credit card. Only applicable if the applicant does not meet the annual income requirement themselves.
Household income:
Any amount
- Be a permanent Canadian resident Have reached the age of majority in the province in which you live (18 yrs in AB, MB, ON, PE, QC, SK. 19 yrs all others)
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Earn 10% cash back on purchases for the first 3 months.. |
You could get a 0% promotional annual interest rate (“AIR”)† for 6 months. |
Low interest rate of 8.99% on purchases and funds advances. |
Earn $150 in bonus points for travel with your first $1,000 in everyday purchases. |
| Compare | Compare | Compare | Compare |
Get more details
- Welcome Offer: No annual fee for the first year
- Get 35,000 points after you spend $5,000 in the first 3 months
- Get a special $100 bonus when you spend $100 on travel related purchases in your first 6 months ($100 value).
- Earn 3 BMO Rewards points for every $1 you spend on gas, office supplies and cell phone/internet bill payments
- Earn 1.5 BMO Rewards points for every $1 you spend
- 25 payment grace days*
- Optional Employee Cards - empower employees with delegated purchasing authority*
- Use your card at Costco locations across Canada*
- Liability Waiver Program protects your business against employee card abuse*