BMO Preferred Rate Mastercard®*

BMO Preferred Rate Mastercard®*

A Low-Interet Credit Card.

For a limited time, Get a 3.99% introductory interest rate on Balance Transfers for 9 months with a 1% transfer fee with this offer!

Welcome Bonus



Best For

Annual Fee


First Year Annual Fee Rebate (terms apply)
Purchase Rates

12.99 %

Cash Advance Rates

12.99 %

Balance Transfer Rates

3.99 %


  • Get a 3.99% introductory interest rate on Balance Transfers for 9 months* with a 1% transfer fee* and we’ll waive the $20 annual fee for the first year.*
  • Enjoy our lowest interest rate of 12.99% on purchases and cash advances*
  • Free extended warranty and purchase protection*
  • Zero Dollar Liability: protects you from unauthorized use of your credit card*

Fees & Conditions

Personal Income $15,000
Household Income $15,000
Annual Fee $20
First Year Annual Fee Rebate
First Additional Card $0
Foreign Transaction Fee 2.5%
Purchase Rates 12.99%
Cash Advance Rates 12.99%
Balance Transfer Rates 3.99%
Balance Transfer
Balance Transfer Intro Duration 9
Balance Transfer Fees 1%


Online transactions 0.00
AIR MILES partners 0.00
Air Canada 0.00
Streaming services 0.00


For all the credit card offers, we estimate the first year Offer Value according to:

  • Value of the Cashback or Points earned with the Offer
  • Value of the Benefits or travel credits earned with the Offer
  • Annual fee offer (first-year rebate or not)


Offer Value calculation
for the first-year
Point Value (according to milesopedia)
Welcome Offer Value
Annual fee
Estimated Value



Purchase Protection
Purchase Protection - Duration 90 day(s)
Extended Warranty
Extended Warranty - Duration 1 year(s)