BMO AIR MILES No Fee Business Mastercard Review
Recommended Credit Score:
670 900
Average to Excellent
$121
Welcome Bonus Value
$0
Annual Fee
19.99%
Purchase Interest Rate
NA
Min Personal Required
BMO AIR MILES No Fee Business Mastercard
My Rate Compass Rating: star star star star star_outline (4)
Bank Name:BMO
Network Type:Mastercard
BMO AIR MILES No Fee Business Mastercard
Welcome Bonus
Annual Fee
$0
BMO AIR MILES No Fee Business Mastercard
Card Details
BMO AIR MILES No Fee Business Mastercard review

  • 1.25X the Miles when you use your card at Shell.
  • 1 AIR MILES Reward Mile on every $10 you spend.
Insurance
  • Priority airport services No
  • Airport lounge access No
  • Concierge service No
  • Balance protection(Optional) No
  • Purchase Security & Extended Protection Insurance Yes
  • Flight delay insurance,Baggage Insurance Yes
  • Vehicule rental insurance Yes
  • Travel accident insurance Yes
  • Travel medical insurance Yes
Fees and Eligibility
Fees
  • Annual Fee: $0
  • Additional Card Fee: $0
  • Purchases Interest Rate: 19.99%
  • Cash Advance Interest Rate: 22.99%
Eligibility
  • You're a Canadian resident
  • You've reached the age of majority in your province or territory
Recommended Credit Score:
670 900
Average to Excellent
Our Rating
My Rate Compass Rating: star star star star star_outline (4)
Rating Methodology: My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category. Credit card rating methodology
Editorial Guidelines: Learn more about our editorial guidelines here.
Pros and Cons


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
Editor's Review

BMO has partnered with the Air Miles rewards program to bring their customers the BMO Air Miles No Fee Business Mastercard. Cardholders earn 1.25 times the Air Miles for every $20 spent at Shell gas stations. If your business regularly requires gas fill ups, this is a great way to earn Air Miles while you operate your business. When you spend $20 anywhere else, you’ll earn 1 Air Mile.

 

As the name suggests, there is no annual fee for this credit card. This is a great credit card for businesses who want to try it out without making a commitment to an annual fee. Other benefits of this credit card include optional employee cards, rebates through Mastercard Easy Savings, extended warranty and purchase protection.

 

If you like the features of this card, BMO is currently offering a welcome Air Miles bonus until October 31, 2020. The bonus is worth 1,000 Air Miles in total. You’ll earn the first 500 Miles when you make your first purchase with the credit card. The second 500 Miles can only be earned if you spend $2,500 in the first three months of card ownership.