- Earn 3 BMO Rewards points for every $1 you spend on gas, office supplies and cell phone/internet bill payments
- Earn 1.5 BMO Rewards points for every $1 you spend
Extra Benefits:
- Optional Employee Cards - empower employees with delegated purchasing authority
Acceptance:
Protection:
- Liability Waiver Program protects your business against employee card abuse
- Plus, enjoy Extended warranty and Purchase Protection
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Priority airport services
Yes
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Airport lounge access
No
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Concierge service
Yes
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Balance protection(Optional)
No
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Purchase Security & Extended Protection Insurance
Yes
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Flight delay insurance,Baggage Insurance
Yes
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Vehicule rental insurance
Yes
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Travel accident insurance
Yes
-
Travel medical insurance
Yes
- Annual Fee: $120
- Additional Card Fee: $0
- Purchases Interest Rate: 14.99%
- Cash Advance Interest Rate: 22.99%
- You're a Canadian resident
- You've reached the age of majority in your province or territory
- Simply use your BMO Rewards Business Mastercard to pay for your travel arrangements and you are eligible to benefit from the following insurance benefits. Collision Damage Waiver
- Car Rental Personal Effects & Business Property
- Car Rental Accidental Death & Dismemberment
- Baggage & Personal Effects
- Baggage Delay
- Trip Cancellation
- Trip Interruption/Trip Delay
- Flight Delay
- Common Carrier Insurance
The BMO Rewards Business Mastercard has numerous benefits. The most notable benefit is the ability to collect and redeem BMO Rewards points. When you spend on gas, office supplies, cell phone bills and internet bills, you’ll earn 3 points per dollar spent. All other purchases earn 1 point per dollar spent. Points can be put towards travel or merchandise.
Other benefits of this credit card include optional cards for employees, travel protection, purchase protection, extended warranty and protection against employee credit card abuse. Not only can this card provide a convenient payment method, you can also use the perks to better operate your business and protect against risk. Finally, the interest rate on this credit card is 14.99% which is slightly lower than the industry average.
To use the BMO Rewards Business Mastercard, there is an annual fee of $120. Although, the annual fee will be waived in the first year. If you sign up before October 31, 2020, you’ll be eligible to receive a welcome bonus offer of 35,000 BMO Rewards points. In order to receive the bonus, you must spend $5,000 within the first three months of card ownership.
Welcome offer
Earn 80,000 welcome bonus Membership Rewards® points
- Earn a welcome bonus of 80,000 Membership Rewards® points when you spend $6,000 in purchases within the first three months of Cardmembership. That’s $800 in statement credits that can be reinvested in your business.
Earn points that you can redeem in a variety of ways.
- Earn 1.25 Membership Rewards points for virtually every $1 in purchases 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
- Enjoy financial flexibility 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 account is opened. Interest rate of 19.99% applies to your Flexible Payment Option balance. This rate is effective from the day the Flexible Payment Option is first available on your account.
Enjoy exclusive 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 access to specialty services and events, preferential treatment, and a dedicated Concierge team.
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
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
Earn up to 67,000 welcome bonus Membership Rewards® points
- Earn 45,000 Welcome Bonus points when you charge $5,000 in purchases to your Card in your first three months of Cardmembership
- Plus, earn 10x the points for every $1 spent?on eligible business essentials including office supplies & electronics, rides & gas, eats & drinks within 6 months of Cardmembership, up to a maximum of 10,000 points.
- You can earn an extra 1,000 Membership Rewards points for each monthly billing period in which you spend $3,000 in purchases on your Card. This could add up to 12,000 extra points in a year.
- 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.
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 BONUS OFFER
Marriott Bonvoy™ Business American Express® Card
Earn 50,000 welcome bonus Marriott Bonvoy® points
- Earn 50,000 Welcome Bonus Marriott Bonvoy® points after you charge $1,500 in purchases to your Card in your first three months of Cardmembership.
Earn Marriott Bonvoy points that you can redeem in a variety of ways.
- Earn 5 points for every $1 in Card purchases at participating Marriott Bonvoy hotels.
- Earn 3 points for every $1 spent on eligible gas, dining and travel
- Earn 2 points for every $1 spent on everything else
- Redeem points for free nights with no blackout dates at over 7,000 of some of the world's most extraordinary hotels and resorts around the globe. Use your points for flights on some of the world's leading airlines
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
- Control employee expenses plus track and accumulate points on your account with Supplementary Cards, so you have an opportunity to maximize the points you earn.
Experience the exclusive benefits of the Marriott Bonvoy® Business American Express®* Card.
- Receive an Annual Free Night Award automatically each year after your anniversary
- Enjoy an automatic upgrade to Marriott Bonvoy Gold Elite status when you reach $30,000 in purchases on your Card each year
- Receive 15 Elite Night Credits each calendar year with your Marriott Bonvoy Business American Express Card. These can be used towards attaining the next level of Elite status in the Marriott Bonvoy program
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 out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where 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 in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook.
