- 1.75% at Shell
- 1.5% on eligible gas station, office supplies purchases and on recurring cell phone/internet billings
- 0.75% on all other card purchases
- Earn 1 AIR MILES Reward Mile on every $10 in credit card purchases
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Priority airport services
No
-
Airport lounge access
No
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Concierge service
No
-
Balance protection(Optional)
No
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Purchase Security & Extended Protection Insurance
Yes
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Flight delay insurance,Baggage Insurance
No
-
Vehicle rental insurance
Yes
-
Travel accident insurance
Yes
-
Travel medical insurance
Yes
- Annual Fee: $120
- Additional Card Fee: $0
- Purchases Interest Rate: 19.99%
- Cash Advance Interest Rate: 22.99%
- You're a Canadian resident
- You've reached the age of majority in your province or territory
Extra Benefits:
Optional Employee Cards - empower employees with delegated purchasing authority
Acceptance:
Now you can use your BMO Business Mastercard at Costco locations across Canada
Protection:
Our Liability Waiver Program protects your business against employee card abuse.
Plus, enjoy Extended warranty and Purchase Protection
The BMO Air Miles Business Mastercard is conjoined with the Air Miles rewards program, as the name implies. Cardholders can earn Air Miles rewards while they spend within their business. The current earning rate is 1 Air Mile Reward Mile on every $10 spent. When cardholders spend at Shell, they earn 1.25 times the Miles. This card is an excellent option for businesses that operate with vehicles that require frequent gas refills.
The annual fee of this credit card is $120, but the charge will be waived in the first year of ownership. Another sign up perk is the 3,000 Air Miles bonus offer. When you make your first purchase with the credit card, you’ll earn 1,000 Air Miles. The remaining 2,000 Air Miles bonus is earned if you spend $5,000 within the first three months of ownership. These sign up bonuses are currently being offered until October 31, 2020.
The other perks of this credit card include travel protection, extended warranty, purchase protection and optional employee cards. These benefits can enhance your business operations and provide additional assurance for some of the purchases your business incurs.
WELCOME BONUS
Earn up to 110,000 bonus Membership Rewards® points
- Earn a welcome bonus of 70,000 Membership Rewards® points after spending $5,000 in purchases within the first three months of Cardmembership.
- Plus, earn 10,000 bonus points when you charge $20,000 in net purchases to your Card account each calendar quarter. This could add up to 40,000 points every year.
- That’s up to $1,100 in statement credits that can be reinvested in your business.
Earn points that you can redeem in a variety of ways
- Earn 1 Membership Rewards point for every dollar in purchases charged to the Card and get the most out of your business expenses.
- Enjoy an exceptional line-up of rewards redemption options for you and your business, including travel, dining, entertainment, gift cards, merchandise, and more with Membership Rewards program.
- Transfer points to frequent flyer and hotel programs, including one-to-one to Aeroplan®* and Avios.
Unlock business possibilities with a full suite of business management tools that give you more control over your business - anytime and anywhere
- Take advantage of purchasing power that grows with your business with no pre-set spending limit on purchases. With this Card, your purchasing power adjusts dynamically with your Card usage, and can grow over time, as long as you make your payments on time and maintain a good credit history
- Maximize your cash flow with up to 55 interest free days so you can keep more cash on hand when you need it most.
- Pay for business expenses over time with Flexible Payment Option
- This charge Card has both Due in Full and Flexible Payment Option balances. All Due?in Full balances must be paid each month. Interest rate of 30% applies to each?delinquent Due in Full Charge. This rate is effective from the day the account is opened. The Preferred rate?of 20.99%?applies to your Flexible Payment Option balance.?If you have 2 separate Missed Payments in a 12 month period, the?Flexible Payment Option?rate for your account will be 25.99%. If you have 3 or more separate Missed Payments in a 12 month period, the Flexible Payment Option rate will be 28.99%. These rates are effective from the day the Flexible Payment Option is first available on your account.
Access comprehensive insurance coverage for your travel needs.
- Access Travel Emergency Assistance, and up to $100,000 Travel Accident Insurance when you fully charge your tickets to your Business Gold Rewards Card.
- Plus, access Lost or Stolen Baggage Insurance, Flight Delay Insurance, and Baggage Delay Insurance when you fully charge your airline tickets to your Business Gold Rewards Card.
- Save money when travelling with complimentary Car Rental Theft and Damage Insurance
Access coverage that can protect your business purchases when you charge the full price of eligible items to your Business Gold Rewards Card.
- Protect your eligible purchases against accidental physical damage and theft for up to 90 days with Purchase Protection® Plan
- Double the manufacturer’s original warranty up to one additional year with Buyer’s Assurance® Protection Plan
Access to coverage for mobile devices purchased for business use.
- Access Mobile Device Insurance of up to $1,000 in the event of theft, loss or accidental damage, anywhere in the world, when you fully charge or finance the purchase price of an eligible mobile device on your Business Gold Rewards Card.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply.
American Express Business Edge Card Review 2024
Welcome bonus
Earn up to 67,000 welcome bonus Membership Rewards® points
- That’s $670 in statement credits that can be reinvested in your business.
Earn points that you can redeem in a variety of ways.
- Earn 3x the points for Card purchases on eligible business essentials including office supplies & electronics, rides & gas, eats & drinks when your Welcome Offer ends. Caps and other conditions may apply.
- Earn 1x the points on all other purchases charged to the Card
- Use points to offset business expenses. Membership Rewards® allows you to offset business expenses by covering the cost of purchases made on your Card, in full or in part. Redeem points for statement credits and to book flights, hotels, and car rentals.
- Transfer points to frequent flyer and hotel programs, including one-to-one to Aeroplan®* and Avios.
Make the most out of a full suite of business management tools that give you more control over your business - anytime and anywhere.
- Leverage your cash flow with the option of carrying a balance or paying in full each month.
- Employee Card Misuse Protection is a benefit created specifically for business owners and it provides coverage of up to $100,000 per Basic Cardmember in the event an employee misuses their Supplementary Card for unauthorized charges.
Access coverage that can protect your business purchases when you charge the full price of eligible items to your American Express Business EdgeTM Card.
- Protect your eligible purchases against accidental physical damage and theft for up to 90 days with Purchase Protection® Plan
- Double the manufacturer’s original warranty up to one additional year with Buyer’s Assurance® Protection Plan
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply.
Author Bio
Mohamed Konate is a personal finance expert, blogger, and marketing consultant based in Toronto. He is a former financial services professional who worked at major Canadian financial institutions for many years. He managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor's in Business Administration from the University of Quebec (Montreal) and a Master's in International Business from the University of Sherbrooke (Quebec). He is also the author of the Canadian Credit Card Guidebook.
