BMO CashBack® Business Mastercard®*

BMO CashBack® Business Mastercard®*

Welcome Bonus

Up to $125 cash back

Best For

Value
Year 1

$359

Years 2 and +

$234

Annual Fee

$0

Interest rates
Purchase Rates

19.99 %

Cash Advance Rates

22.99 %

Balance Transfer Rates

22.99 %

Your Monthly Spending

Offer

Offer
  • Get 10% cash back on gas, office supplies and cell phone/internet bills for 3 months*
  • Get 1.5% cash back on eligible gas stations, office supplies purchases and on your cell phone and internet recurring payments*
  • 1.75% cash back at Shell®*
  • You can now use your BMO Mastercard at Costco stores across Canada
  • No annual fee*.

Fees & Conditions

Personal Income $0
Household Income $0
Annual Fee $0
First Additional Card $0
Foreign Transaction Fee 2.5%
Purchase Rates 19.99%
Cash Advance Rates 22.99%
Balance Transfer Rates 22.99%
Cash Advance Rate (QC) 21.99%

Value

Year 1
Years 2 and +
Welcome bonus
0 $
Annual credit
Travel benefits
VIP Lounges
First-Year Offer Value
Accumulated rewards
Annual fee
Net value

Advantages

Welcome Bonus amount Up to $125 cash back
Minimum Spending Required $5,000
Minimum Spending Timeframe (Months) 3 month(s)
Costco

Earnings

Per dollar of purchases

All Spending 0.75 %
Groceries 0.75 %
Gas 1.5 %
Dining and Food delivery 0.75 %
Convenience Stores 0.75 %
Drugstores 0.75 %
Local Transport 0.75 %
Travel 0.75 %
Entertainment 0.75 %
Recurring Payments 1.5 %
Telecom/Internet 1.5 %
Streaming services 0.75 %
Online transactions 0.75 %
Office Supplies 1.5 %

Insurance

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
Flight Delay Insurance
Delayed Baggage Insurance
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
Hotel/Motel Burglary Insurance

Other Insurance

Insurance Name
Included
Amount
Duration
Extended Warranty
1 year
Purchase Protection
90 day(s)
Mobile Device Insurance
Price Protection
3.5 Milesopedia Rating