- 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
-
Priority airport services
No
-
Airport lounge access
No
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Concierge service
No
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Balance protection(Optional)
No
-
Purchase Security & Extended Protection Insurance
Yes
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Flight delay insurance,Baggage Insurance
Yes
-
Vehicle rental insurance
Yes
-
Travel accident insurance
Yes
-
Travel medical insurance
Yes
- Annual Fee: $0
- 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 authorityMastercard Easy Savings - automatic rebates on qualified purchases at participating merchants
Acceptance:
Now you can use your BMO Business Mastercard at Costco locations across CanadaProtection:
Our Liability Waiver Program protects your business against employee card abuse.Plus, enjoy extended warranty and purchase protection.
The main feature of the BMO CashBack Business Mastercard is the 6% cash back rate. This rate is much higher than the industry standard cash back rate, but there is a catch. The 6% cash back rate only applies to gas, office supplies, internet and cellphone payments for the first four months of ownership. Thankfully, these costs are significant for many businesses meaning you can take advantage of the lucrative cash back rate offer.
After the introductory period ends, businesses will earn 1.75% on Shell gas station purchases and 1.5% on eligible gas stations, office supply and recurring internet and cellphone payments. All other purchases earn 0.75% cash back. The card also offers purchase protection, extended warranties, rebates through the Mastercard Easy Savings program and optional employee cards.
Finally, the credit card has no annual fee so you can earn on purchases for free. BMO is one of the biggest and most reputable banks in Canada so you will have ample perks simply by being one of their clients.
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.
Welcome offer
Redefine what you’ll experience and discover with Platinum
Earning Points
- Earn 1.25 Membership Rewards points for virtually every $1 in purchases charged to your Card.3 Earn at the same rate for virtually every dollar in purchases charged to Supplementary Cards added to your account.
- All points accumulate in your account so you can get the rewards you want faster. There is no limit to the number of points you can earn and your points never expire.
- As an eligible Basic Cardmember, refer a friend or family member who is a business owner and you7 could earn a maximum annual referral bonus of 225,000 Membership Rewards points.
Redeeming Points
- Get choice and flexibility with a wide range of travel, dining, entertainment and retail rewards options.
- Use points to book flights within Canada or to anywhere in the world with a fixed number of points.
- Redeem points for statement credits to offset any eligible purchase charged to your Card.
- Use points to pay for your Amazon.ca purchases at checkout.
- Use points for a wide range of gift cards and merchandise.
- Transfer points to frequent flyer and hotel programs, including one-to-one to Aeroplan®* and Avios.
- Use points for flights, hotels and car rentals with American Express Travel.
- Redeem points for flight purchases on AirCanada.com.
Enjoy special benefits for you and your business.
- Take full advantage of the American Express Global Lounge Collection which unlocks access to over 1300 airport lounges worldwide. This includes The Centurion® Lounge network, Plaza Premium Lounges, and hundreds of other domestic and international lounges designed to enhance your travel experience.
- Enjoy premium benefits at the Toronto Pearson Airport, including access to the Pearson Priority Security Lane and discount on parking.
- Get access to discounted base fares for you and your travel companions when you book through the International Airline Program.
- Enjoy Fine Hotels + Resorts benefits at over 1,300 properties worldwide like guaranteed late check-out, complimentary breakfast for two, and more with Business Platinum.
- Upgrade your stay with premium status at leading hotel brands like Hilton Honors and Marriott Bonvoy
- Enjoy access to specialty services and events, preferential treatment, and a dedicated Concierge team.
- Access a $100 CAD credit for NEXUS every 4 years with your Cardmembership
Access comprehensive insurance coverage for your travel needs.
- Access Out of Province/Country Emergency Medical Insurance (for under age 65), even if you don’t charge your tickets and travel arrangements to your Business Platinum Card.
- Access Trip Cancellation Insurance, Trip Interruption Insurance, Travel Emergency Assistance, and up to $500,000 Travel Accident Insurance when you fully charge your tickets and travel arrangements to your Business Platinum 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 Platinum 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 Platinum 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
- Equip your business with Mobile Device Insurance
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. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment
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.
