BMO Rewards® Business Mastercard®*

BMO Rewards® Business Mastercard®*

The Best Travel Rewards Credit Card for small business owners, accepted anywhere. Earn up to 3 points per dollar on your purchases and use your card at Costco.

Take advantage of this limited-time welcome offer!

Welcome Bonus

50,000 points Ends Oct 31, 2021



Best For

Annual Fee


First Year Annual Fee Rebate (terms apply)
Purchase Rates

14.99 %

Cash Advance Rates

22.99 %

Balance Transfer Rates

22.99 %


  • Welcome offer: Get 50,000 points and the $120 annual fee waived in the first year.
  • 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*
  • You can now use your BMO Mastercard at Costco stores across Canada

Fees & Conditions

Personal Income $0
Household Income $0
Annual Fee $120
First Year Annual Fee Rebate
First Additional Card $0
Foreign Transaction Fee 2.5%
Purchase Rates 14.99%
Cash Advance Rates 22.99%
Balance Transfer Rates 22.99%
Cash Advance Rate (QC) 21.99%


Offer ends on Oct 31, 2021
Welcome Bonus 50,000 points
Minimum Spending Required $5,000
Minimum Spending Timeframe 90 day(s)
Rewards Type Travel points
Transfer Partners BMO Rewards
Loyalty Program BMO Rewards
Online transactions 1.5
AIR MILES partners 1.5
Air Canada 1.5
Streaming services 1.5


We estimate the value of the welcome offer during the first year for all the credit card offers. Are taken into consideration:

  • The value of cash back or points earned
  • The value of the benefits or credits earned with the Card
  • The annual fee value (offered or not)
Calculation of the offer value
in the first year
Value per point 0.67 ¢
Welcome bonus approximately $335
Annual fee $0
Value approximately $335


Common Carrier Travel Accident Insurance Amount $500,000
Flight Delay Insurance Amount $500
Delayed Baggage Amount $500
Trip Cancellation Insurance Amount Per Person $2,500
Trip Interruption Insurance Amount Per Person $2,000
Auto Rental Loss/Insurance - Amount MSPP $65,000
Purchase Protection
Extended Warranty
Insurance Document Learn More
4 Milesopedia Rating