To the point
Here are the four BMO Business Credit Cards Welcome Offers: AIR MILES, Cash Back, BMO Rewards.
AIR MILES
BMO AIR MILES®† World Elite®* Business Mastercard®*
BMO® AIR MILES® No-Fee Business® Mastercard®*
On-demand Health Care with Maple
Small Business Credit Cards accepted at Costco
How to apply for a BMO Business Credit Card?
Bottom line
Frequently Asked Questions about BMO Business Credit Cards
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.
Travel Rewards
BMO Rewards® World Elite®* Business Mastercard®*
The BMO Rewards® World Elite®* Business Mastercard®* is one of Canada’s best Business travel Mastercard credit cards. You can earn up to 70,000 points as a welcome bonus:
- 50,000 points after you spend $5,000 in the first 3 months
- 20,000 points after you spend $35,000 in the first twelve months
Plus, there is no annual fee for the first year! And you’ll get two complimentary airport lounge visits each year.
You can also enjoy a 0% introductory interest rate on balance transfers for nine months (with a 3% transfer fee).
With BMO World Elite Business Mastercard, you earn 4 points for every dollar you spend on:
- gas purchases
- office supply purchases
- 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 your points for travel purchases on the BMO Rewards website (flights, hotels, car rentals, all-inclusive). Finally, you can combine the points you earn with the other two BMO Rewards cards to save even more on your travel.
With the BMO World Elite Business Mastercard, you get premium insurance:
- Collision Damage Waiver
- Car Rental Personal Effects & Business Property
- Car Rental Accidental Death & Dismemberment
- Baggage & Personal Effects
- Baggage insurance in case of delay
- Trip Cancellation Insurance
- Trip Interruption/Trip Delay
- Departure flight delay insurance
- Common Carrier Insurance
And for your purchases :
- Extended Warranty
- Purchase Protection
Cash Back
BMO CashBack® Business Mastercard®*
The BMO CashBack® Business Mastercard®* is one of Canada’s best business cash-back Mastercard credit cards.
You can get 10% cash back for three months on:
- gas purchases
- office supply purchases
- cell phone/internet payments
After that, you’ll get 1.5% on these purchases and 1.75% at Shell.
You can also enjoy a 0% introductory interest rate on balance transfers for nine months (with a 3% transfer fee).
AIR MILES
BMO AIR MILES®† World Elite®* Business Mastercard®*
The BMO® AIR MILES® World Elite®* Mastercard®* for Business is particularly attractive to AIR MILES Collectors who wish to separate their personal and Business spending.
You can get a welcome bonus of 3,000 AIR MILES Bonus Miles after $5,000 in card purchases ($310 value). In addition, there is no annual fee for the first year.
You earn 4x the Miles when you use your card at participating AIR MILES Partners. And 1 Mile for every $12 you spend everywhere else, including Costco.
With the BMO AIR MILES World Elite Business Mastercard, you get premium insurance:
- Collision Damage Waiver
- Car Rental Personal Effects & Business Property
- Car Rental Accidental Death & Dismemberment
- Baggage & Personal Effects
- Baggage insurance in case of delay
- Trip Cancellation Insurance
- Trip Interruption/Trip Delay
- Departure flight delay insurance
- Common Carrier Insurance
And for your purchases:
- Extended Warranty
- Purchase Protection
The BMO® AIR MILES® World Elite®* Mastercard®* for Business is particularly attractive to AIR MILES Collectors who wish to separate their personal and Business spending.
You can get a welcome bonus of 3,000 AIR MILES Bonus Miles after $5,000 in card purchases ($310 value). In addition, there is no annual fee for the first year.
You earn 4x the Miles when you use your card at participating AIR MILES Partners. And 1 Mile for every $12 you spend everywhere else, including Costco.
With the BMO AIR MILES World Elite Business Mastercard, you get premium insurance:
- Collision Damage Waiver
- Car Rental Personal Effects & Business Property
- Car Rental Accidental Death & Dismemberment
- Baggage & Personal Effects
- Baggage insurance in case of delay
- Trip Cancellation Insurance
- Trip Interruption/Trip Delay
- Departure flight delay insurance
- Common Carrier Insurance
And for your purchases:
- Extended Warranty
- Purchase Protection
BMO® AIR MILES® No-Fee Business® Mastercard®*
The BMO® AIR MILES® No-Fee Business® Mastercard®* is the only no-fee Business Mastercard for AIR MILES collectors.
For a limited time, you can earn a Welcome Bonus of 1,000 AIR MILES after $2,500 in Card purchases, a value of $105.
You earn 1 AIR MILES Reward Mile on every $20 you spend, including at Costco. And 1.25X the Miles at Shell.
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:
- 1 mile / $12 spent with the BMO AIR MILES®† World Elite®* Business Mastercard®*
- 1 AIR MILES Reward Mile on every $20 you spend with the BMO® AIR MILES® No-Fee Business® Mastercard®*
- 1.5 points/dollar with the BMO Rewards® World Elite®* Business Mastercard®*
- 0.75% with the BMO CashBack® Business Mastercard®*
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®* Business Mastercard®*, you will be asked the following questions (with suggested answers)
Then you will have to give information about the type of business (here, Sole Proprietor):
And about your industry (here: Personal and Household Service Industries / Other Services).
Then you have to answer No to the other 3 questions and then agree on the nature of the activities.
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:
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.
Come to discuss that topic in our Facebook Group!
