BMO Business Credit Cards: Which One to Choose?

[vc_row][vc_column][vc_custom_heading el_id="welcome_offer" text="Welcome Offer" google_fonts=""][vc_column_text el_class="checkmarks"]The BMO Rewards^® Business Mastercard^®* is one of the best Business Mastercard credit cards with travel points in Canada. You can earn a welcome bonus of 35,000 points after $5,000 in purchases, which is a $235 value for travel. In addition, the $120 annual fee is waived in the first year![/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_custom_heading el_id="a_bmo_rewards_loyalty_program_card" text="A BMO Rewards loyalty program card" google_fonts=""][vc_custom_heading el_id="earn_bmo_rewards_points" text="Earn BMO Rewards points" font_container="tag:h3|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]With the BMO Rewards^® Business Mastercard^®*,you get 3 points for every dollar you spend on:

• Gas
• office supplies
• cell phone/internet payments

And 1.5 points for every dollar you spend, Costco included![/vc_column_text][vc_custom_heading el_id="accepted_at_costco" text="Accepted at Costco" font_container="tag:h4|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]You can earn 1.5 points for every dollar you spend at Costco with the BMO Rewards^® Business Mastercard^®*.[/vc_column_text][vc_custom_heading el_id="other_bmo_rewards_credit_cards" text="Other BMO Rewards credit cards" font_container="tag:h4|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]Finally, you can combine the points you get with the two other BMO Rewards cards to save even more on your travels![/vc_column_text][miles_sc_id_card ids="22494,22492" max="2" template="compare" mc_public="0" mc_issuer="0" mc_best_of="0"][/vc_column][/vc_row][vc_row][vc_column][vc_custom_heading el_id="redeeming_bmo_rewards_points" text="Redeeming BMO Rewards points" font_container="tag:h3|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]You can redeem BMO Rewards points in 5 different ways:

• Travel
• Investment / statement credit
• All gift cards
• Products
• Experiences

However, travel is the best redemption of BMO Rewards points.[/vc_column_text][vc_message]

BMO Rewards

Check out our ultimate guide to BMO Rewards to learn how to use your BMO Rewards points.[/vc_message][/vc_column][/vc_row][vc_row][vc_column][vc_custom_heading el_id="insurance" text="Insurance" google_fonts=""][vc_column_text el_class="checkmarks"]The BMO Rewards^® Business Mastercard^®* offers a number of insurance benefits for:

• your trips
• your purchases

[/vc_column_text][vc_custom_heading el_id="insurance_for_your_trips" text="Insurance for your trips" font_container="tag:h3|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]The BMO Rewards^® Business Mastercard^®* offers a wide range of insurance coverage for your travels:

• Insurance when renting a vehicle
• Baggage and Personal Effects Insurance
• Baggage insurance in case of delay
• Trip Cancellation Insurance
• Trip Interruption/Trip Delay
• Departure flight delay insurance
• Common Carrier Insurance

[/vc_column_text][vc_custom_heading el_id="insurance_when_renting_a_vehicle" text="Insurance when renting a vehicle" font_container="tag:h4|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]The full cost, or a portion of the rental cost, must be charged to the BMO Rewards^® Business Mastercard^®* Account or paid through loyalty points earned under the Mastercard rewards program. Maximum duration: 48 days.[/vc_column_text][vc_custom_heading el_id="collision_damage_waiver" text="Collision Damage Waiver" font_container="tag:h5|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]With the BMO Rewards^® Business Mastercard^®*, you are covered for the following risks associated with a Rental Vehicle with a Manufacturer's Suggested Retail Price (MSRP) for the vehicle year not exceeding $65,000

• damage to the Rental Vehicle;
• theft of the Rental Vehicle, its parts or accessories;
• charges levied by the rental agency as a result of valid loss of use while the Rental Vehicle is being repaired; and
• the reasonable and customary costs of towing the Rental Vehicle to the nearest available facility

[/vc_column_text][vc_custom_heading el_id="rental_vehicle_accidental_death_and_dismemberment_insurance" text="Rental Vehicle Accidental Death and Dismemberment Insurance" font_container="tag:h5|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]Rental Vehicle Accidental Death and Dismemberment Insurance provides coverage to an Insured Person who suffers a "loss" as a result of an Accidental Bodily Injury while occupying an eligible Rental Vehicle. The maximum benefit payable for any one accident is $300,000.[/vc_column_text][vc_custom_heading el_id="insurance_of_personal_and_business_effects_when_renting_a_vehicle" text="Insurance of personal and business effects when renting a vehicle" font_container="tag:h5|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]This insurance covers theft of or damage to the Insured Person's Personal Effects or Business Property accompanying the Insured Person when such Personal Effects or Business Property are inside the Rental Car during a Trip while on an eligible rental period. The benefit provided during an eligible rental period is the Actual Cash Value of Your Personal Effects and/or Business Property up to a maximum of $1,000 per Insured Person per loss. The total amount of benefits per rental period cannot exceed $2,000 per BMO Rewards^® Business Mastercard^®* Account .[/vc_column_text][vc_custom_heading el_id="baggage_and_personal_effects_insurance" text="Baggage and Personal Effects Insurance" font_container="tag:h4|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]This insurance covers the Actual Cash Value of Baggage and/or Business Property up to $1,000 in the aggregate per Insured Person for the following

• The disappearance of, theft of, or damage to Baggage or Business Property that You have with You during the Trip. Coverage is limited to $500 per item.
• The disappearance, theft, or damage of photographic equipment during the Trip. All photographic equipment is considered one item. Coverage is limited to $500 per item.
• Loss, theft or damage to jewellery during the Trip. All the jewellery is considered as one item. Coverage is limited to $500 per item.

[/vc_column_text][vc_custom_heading el_id="baggage_insurance_in_case_of_delay" text="Baggage insurance in case of delay" font_container="tag:h4|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]You will be reimbursed for the purchase of basic necessities due to a delay of more than 6 hours of Your Checked Baggage by the Common Carrier, during the Trip to Your destination and before the return to Your point of departure. Purchases must be made within 36 hours of Your arrival at Your destination. The benefit amount for Baggage Delay Coverage is $500 per Trip to a maximum of $2,000 per calendar year.[/vc_column_text][vc_custom_heading el_id="trip_cancellation_insurance" text="Trip Cancellation Insurance" font_container="tag:h4|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]Coverage applies only when you pay for all or part of the cost of your trip with the Cardmember's BMO Rewards^® Business Mastercard^®* prior to your departure. The portion of the prepaid trip that is non-refundable or cannot be rescheduled will be reimbursed to you, up to a maximum of $2,500 per Insured Person, to a maximum of $5,000 per Account.[/vc_column_text][vc_custom_heading el_id="trip_interruption_trip_delay" text="Trip Interruption/Trip Delay" font_container="tag:h4|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]Coverage applies only when you pay for all or part of the cost of your trip with the Cardmember's BMO Rewards^® Business Mastercard^®* prior to your departure. You will be reimbursed for the extra cost of a one-way economy airfare to your departure or destination and the non-refundable, unused portion of your ground transportation benefits, up to a maximum of $2,000 per Insured Person.[/vc_column_text][vc_custom_heading el_id="departure_flight_delay_insurance" text="Departure flight delay insurance" font_container="tag:h4|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]Coverage applies only when you pay for all or part of the cost of your trip with the Cardmember's BMO Rewards^® Business Mastercard^®* prior to your departure. Flight delay coverage provides compensation if the arrival or departure of your scheduled flight is delayed by more than 4 hours. You will be reimbursed up to a maximum of $500 per Account per trip for reasonable additional expenses incurred for accommodation and travel.[/vc_column_text][vc_custom_heading el_id="common_carrier_insurance" text="Common Carrier Insurance" font_container="tag:h4|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]The Amount of indemnity in respect of an Insured Person whose coverage has become effective shall not exceed $500,000.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_custom_heading el_id="insurance_for_your_purchases" text="Insurance for your purchases" font_container="tag:h3|text_align:left" google_fonts=""][vc_custom_heading el_id="purchase_insurance" text="Purchase insurance" font_container="tag:h4|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]Most items are automatically covered for 90 days from the date of purchase with the BMO Rewards^® Business Mastercard^®*. This insurance protects against theft or damage to an insured item anywhere in the around the world. The total throughmaximum coverage that can apply to Purchase Security and Extended Warranty is $60,000 per Account.[/vc_column_text][vc_custom_heading el_id="extended_warranty_insurance" text="Extended Warranty Insurance" font_container="tag:h4|text_align:left" google_fonts=""][vc_column_text el_class="checkmarks"]This insurance provides an extension of the original manufacturer's warranty for up to one year. The total throughmaximum coverage that can apply to Purchase Security and Extended Warranty is $60,000 per Account.[/vc_column_text][/vc_column][/vc_row]

The BMO Ascend World Elite Business Mastercard is one of the best travel points-based Business Mastercard^® credit cards in Canada. You can earn up to 100,000 points as a welcome bonus:

• 20,000 points on your first purchase within 75 days of account opening;
• 8,000 points per month when you spend at least $3,000 per monthly period, from the 3rd to the 12th month following account opening (for a total of 80,000 points).

Plus, there’s no annual fee for the first year! And you get 2 free annual visits to DragonPass airport lounges.

You can also benefit from a welcome interest rate of 0% on balance transfers for nine months (a 3% transfer fee applies).

With the BMO Ascend World Elite^®* Business Mastercard, you earn 4 points for every dollar spent on:

• gas purchases
• office supplies
• cell phone/internet payments

And 1.5 points for every dollar you spend, including at Costco or for significant purchases at home improvement stores.

You can use BMO Rewards points for all travel purchases made through the agency or website of your choice (plane tickets, hotels, rental cars, all-inclusive packages, Airbnb, etc.) or for rewards and gift cards on the BMO Rewards platform.

Additionally, you can combine the points earned with the two other BMO Rewards cards to save even more on your travel.

With the BMO Rewards^® World Elite^®* Business Mastercard^® for Business, you benefit from various travel protections:

• Collision Damage Waiver Insurance
• Personal and Business Effects in a Rental Vehicle
• Accidental Death or Dismemberment in a Rental Vehicle
• Baggage and Personal Effects
• Baggage insurance in case of delay
• Flight Cancellation
• Trip Interruption or Delay
• Flight delay
• Common Carrier Accident

And for your purchases :

• Extended Warranty
• Purchase Protection

Terms of the offer

• Get 6% cash back on gas, office supplies and cell phone/internet bills for 4 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^®*
• 0.75% cash back on all other card purchases*
• 25 payment grace days*

  BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information *Terms and conditions apply

The BMO CashBack Mastercard for Business is one of the best cashback Mastercard credit cards in Canada.

You can get a 10% discount for three months on purchases:

• gas purchases
• office supplies
• cell phone/internet payments

After that, you’ll get 1.5% on these purchases and 1.75% at Shell.

You can also benefit from a welcome interest rate of 0% on balance transfers for nine months (a 3% transfer fee applies).