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New BMO Business Credit Card Offers

  • Business Credit Cards
New BMO Business Credit Card Offers
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BMO issues several small business credit cards. Here are the new offers in progress. Check out a tutorial at the end of the article to help you apply for these small business credit cards.

Our credit card selection
Credit cardAnnual feeWelcome offer
Annual fee$149 $0Welcome offer
Up to 100,000 points
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Annual fee$0Welcome offer
Up to $125
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Travel Rewards

Carte MastercardMD* BMO Ascend World EliteMD* pour entreprise

La Carte Mastercard BMO Ascend World Elite pour entreprise est l’une des meilleures cartes de crédit Mastercard pour entreprise avec points-voyages au Canada. Vous pouvez obtenir jusqu’à 100 000 points en prime de bienvenue :

  • 20 000 points lors de votre premier achat au cours des 75 jours suivant l’ouverture du compte ;
  • 8 000 points par mois lorsque vous dépensez au moins 3 000 $ par période mensuelle, du 3e au 12e mois suivant l’ouverture du compte (pour un total de 80 000 points).

De plus, il n’y a aucuns frais annuels la première année ! Et vous bénéficiez de 2 visites annuelles gratuites aux salons d’aéroport DragonPass.

Vous pouvez également bénéficier d’un taux d’intérêt de bienvenue de 0 % sur les transferts de solde pendant neuf mois (des frais de transfert de 3 % s’appliquent).

Avec la Carte Mastercard BMO Ascend World Elite pour entreprise, vous obtenez 4 points par dollar dépensé en frais :

  • d’essence
  • de fournitures de bureau
  • de paiements de factures de téléphone cellulaire et d’Internet

Et 1,5 point pour chaque dollar d’achat, y compris chez Costco ou pour vos achats importants dans des magasins de rénovations.

Vous pouvez utiliser les points BMO Récompenses pour tous les achats de voyages effectués auprès de l’agence ou site web de votre choix (billets d’avions, hôtels, voitures de location, tout-inclus, Airbnb, etc) ou pour des récompenses et cartes-cadeaux sur la plateforme BMO Récompenses.

Également, vous pouvez combiner les points obtenus avec les deux autres cartes BMO Récompenses afin d’économiser encore plus sur vos voyages.

Avec la Carte Mastercard BMO Ascend World Elite pour entreprise, vous bénéficiez de différentes protections pour vos voyages :

  • Assurance exonération des dommages par collision
  • Effets personnels et d’entreprise dans un véhicule de location
  • Décès ou mutilation accidentels à bord d’un véhicule de location
  • Bagages et effets personnels
  • Retard de bagages
  • Annulation de voyage
  • Interruption ou report de voyage
  • Retard de vol
  • Accident à bord d’un transporteur public

Et pour vos achats :

  • Prolongation de garantie
  • Assurance achats
Annual fee
$0 $149
No annual fee the first year
Our valuation
$819
Milesopedia first-year estimateFirst-year valueWelcome bonus$670Annual fee rebated$149Total$819Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
Welcome offer
Up to 100,000 points
+ First Year Annual Fee Rebate
Apply Now

on BMO's website

[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: 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

Annual fee

Primary card$149
Additional card$0

Annual income required

Individual$0
Household$0

Conversion fees

2.5%

Earning rate

  • 4xGas & EV
  • 4xOffice
  • 4xTelecom
  • 1.5xAll spending

Value

1st Year Value$1,120
2nd Year Value$231

Card benefits

Airport lounge access$80

Travel insurance

Travel medical (under 55)Up to $5,000,000 / 15 days
Travel medical (55-64)Up to $5,000,000 / 15 days
Trip CancellationUp to $1,500
Trip InterruptionUp to $2,000
Delayed BaggageUp to $500
Flight DelayUp to $500
Hotel BurglaryUp to $1,000
Travel AccidentUp to $500,000

Purchase protection

Purchase ProtectionIncluded
Extended Warranty+1 years
Auto Rental CollisionUp to $65,000 / 48 days

Cash Back

Carte MastercardMD* BMOMD Remises pour entreprise

La Carte Mastercard BMO Remises pour entreprise est l’une des meilleures cartes de crédit Mastercard pour entreprise avec remises en argent au Canada.

Vous pouvez obtenir un taux de remise de 10 % pendant trois mois sur les achats :

  • d’essence
  • de fournitures de bureau
  • de paiements de factures de téléphone cellulaire et d’Internet

Par la suite, vous obtiendrez 1,5 % sur ces achats et 1,75 % chez Shell.

Vous pouvez également bénéficier d’un taux d’intérêt de bienvenue de 0 % sur les transferts de solde pendant neuf mois (des frais de transfert de 3 % s’appliquent).

Annual fee
$0
Our valuation
$125
Milesopedia first-year estimateFirst-year valueWelcome bonus$125Total$125Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
Welcome offer
Up to $125
Apply Now

on BMO's website

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).

Annual fee

Primary card$0
Additional card$0

Annual income required

Individual$0
Household$0

Conversion fees

2.5%

Earning rate

  • 1.5xGas & EV
  • 1.5xTelecom
  • 1.5xOffice
  • 1.5xBills & recurring payments
  • 0.75xAll spending

Value

1st Year Value$476
2nd Year Value$234

Purchase protection

Purchase ProtectionIncluded
Extended Warranty+1 years

AIR MILES

BMO AIR MILES®† World Elite®* Business Mastercard®*

On-demand Health Care with Maple

With the two new BMO World Elite Business Mastercards, you can access on-demand health care:

  • Get five free virtual care visits on Maple shared by you and your family members
  • 24/7 access to virtual care
  • Get support from Canadian-licensed general practitioners and mental health counsellors
  • Connect with a mental health counsellor on-demand within 12 hours or through a bookable visit, at your convenience

To register for Maple, you will need to complete the registration email that you will receive within two weeks of receiving your credit card.

Small Business Credit Cards accepted at Costco

If you are a Costco customer, some good news: these Mastercard credit cards are accepted at Costco.

So you can earn at Costco:

Here's Why This Card Is Perfect For AIR MILES Collectors! - Costco Warehouse

How to apply for a BMO Business Credit Card?

In the facebook group of milesopedia,many testimonials from members who get this card by declaring themselves as sole proprietor/self-employed.

You can report having a business activity that does not exceed $30,000 per year: buy/sell things on eBay – Kijiji, Home repair, housekeeping, consulting, etc. Or even buy at Costco for business. There is no lack of choice!

When you apply for the BMO AIR MILES® World Elite Mastercard for Business, here are some of the questions you’ll be asked (with suggested answers):

New BMO Business Credit Card Offers - exigences bmo entreprise

Then you will have to give information about the type of business (here, Sole Proprietor):

New BMO Business Credit Card Offers - bmo type entreprise

And about your industry (here: Personal and Household Service Industries / Other Services).

New BMO Business Credit Card Offers - bmo renseignements

Then you have to answer No to the other 3 questions and then agree on the nature of the activities.

New BMO Business Credit Card Offers - bmo activites nature

Then it will be your personal information, as with any credit card application. You will then be able to submit your application.

Bottom Line

Small Business credit cards are perfect for those who want to earn more points from their business expenses.

Check out our various rankings that you might be interested in:

Our credit card selection
Credit cardAnnual feeWelcome offer
Annual fee$149 $0Welcome offer
Up to 100,000 points
Apply Now
Annual fee$0Welcome offer
Up to $125
Apply Now

Frequently Asked Questions about BMO Business Credit Cards

How to apply for a BMO Business Credit Card?

To apply for a BMO Business Credit Card, follow the process outlined in the article above.

You can report having a business activity that does not exceed $30,000 per year: buy/sell things on eBay – Kijiji, Home repair, housekeeping, consulting, etc. There is no lack of choice!

What is the best BMO Business Credit Card?

The four BMO Business Credit Cards offer a variety of rewards: cashback, AIR MILES Reward Miles, or travel points from BMO Rewards. So it’s up to you to choose the rewards that suit you best!

How do I earn cash back with a BMO Mastercard credit card?

See our guide to get your BMO credit card cash back.

What is the minimum income required for the BMO Ascend World Elite Business Mastercard?

BMO requires the business to generate at least $100,000 in annual gross revenue to be approved for the Ascend World Elite Business Mastercard, but does not impose a minimum personal income on the signing officer. The bank also looks at the personal credit history of the principal applying — typically a fair-to-good credit score around 680+. Sole proprietors and incorporated small businesses both qualify, as long as the business has been operating long enough to demonstrate revenue. The card pairs well with a BMO Business Banking Plan to streamline accounting.

Our featured card

Annual fee
$0 $150
No annual fee the first year
Our valuation
$921
Milesopedia first-year estimateFirst-year valueWelcome bonus$771Annual fee rebated$150Total$921Rewards on your spending are not included. The calculator that adds them from your own profile is on the card's page.
Welcome offer
Up to 115,000 points
+ First Year Annual Fee Rebate
Ends Nov 30, 2026
Apply Now

on BMO's website

The BMO Ascend World Elite Mastercard is one of the best World Elite Mastercard travel rewards credit cards in Canada. With our welcome offer, you can get up to 115,000 BMO Rewards points, for a total value of up to $1,900, including up to $200 in Instacart benefits.

Plus, there’s no annual fee in the first year for the primary cardholder and additional cardholders, and you benefit from a 0% introductory interest rate on balance transfers for 12 months (with a 2% balance transfer fee).

With the BMO Ascend World Elite Mastercard, you get:

  • 5 points per dollar on eligible travel*
  • 3 points per dollar on eligible dining, entertainment, and recurring bill payments*
  • 1 point per dollar on all other purchases*

The card also offers:

  • 4 complimentary airport lounge accesses per year via Mastercard Travel Pass provided by DragonPass*
  • comprehensive travel insurance, including emergency medical coverage up to $5 million for 21 days*
  • A NEXUS statement credit in the first year*
  • Up to $200 in Instacart benefits*
  • Six months of Instacart+ membership plus a monthly $10 Instacart credit with an eligible card*

Annual fee

Primary card$150
Additional card$50

Annual income required

Individual$80,000
Household$150,000

Conversion fees

2.5%

Earning rate

  • 5xTravel
  • 3xRestaurants
  • 3xStreaming
  • 3xBills & recurring payments
  • 3xEntertainment
  • 3xTelecom
  • 1xAll spending

Value

1st Year Value$1,249
2nd Year Value$289

Card benefits

Airport lounge access$160

Travel insurance

Travel medical (under 55)Up to $2,000,000 / 21 days
Travel medical (55-64)Up to $5,000,000 / 21 days
Trip CancellationUp to $1,500
Trip InterruptionUp to $2,000
Delayed BaggageUp to $500
Lost BaggageUp to $500
Flight DelayUp to $500
Hotel BurglaryUp to $1,000
Travel AccidentUp to $500,000

Purchase protection

Purchase ProtectionIncluded
Extended Warranty+1 years
Auto Rental CollisionUp to $65,000 / 48 days

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Our reviews and rankings are based on an objective assessment. Advertisers do not influence our content. We may receive compensation through some links; our analysis and opinions remain independent.