Card Details

Bank Name: BMO
Network Type: Mastercard
Card Type: Personal
MRC Rating 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.: (4)


Annual Fee: $35
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

Recommended Credit Score

Average to Excellent (670-900)

BMO U.S. Dollar Mastercard Review

Welcome Bonus:
BMO U.S. Dollar Mastercard snapshot

BMO® U.S. Dollar Mastercard®* Review

Shop in U.S. dollars and avoid exchange rate surprises with the BMO U.S. Dollar Mastercard.

When your purchases total U.S. $1,000 or more in a year, next year's annual fee is rebated to your card.

BMO U.S. Dollar Mastercard Rewards
BMO U.S. Dollar Mastercard Features
Priority airport services
Airport lounge access
Concierge service
Balance protection(Optional)
Purchase Security & Extended Protection Insurance
Flight delay insurance,Baggage Insurance
Vehicule rental insurance
Travel accident insurance
Travel medical insurance
BMO U.S. Dollar Mastercard User Reviews
Total Reviews: 0

Rating: 1 2 3 4 5 ( 4 )

Application Experience: 1 2 3 4 5

Rewards/Features: 1 2 3 4 5

Customer Service: 1 2 3 4 5

Convenience: 1 2 3 4 5

Likelihood to recommend: 1 2 3 4 5

BMO U.S. Dollar Mastercard FAQs

Other Recommended Credit Cards


  • Extended warranty coverage, doubling the original manufacturer's warranty period up to a maximum of one additional year.

  • Purchase protection to insure against theft or damage for 90 days from the date of purchase.

  • Acceptance at over 30 million locations in the U.S., Canada and worldwide.

Editor`s Review:

BMO® U.S. Dollar Mastercard®* will help to eliminate need for currency conversion when you pay in USD. U.S. dollar credit cards are good for those who :

  • Regularly make purchases in the U.S. (either online or in person

  • Who regularly travel to the U.S

  • Who live in the U.S for few month each year(Snowbirds)

The BMO® U.S. Dollar Mastercard®* is a totally unique travel card aimed to enable Canadians who frequently travel in the US to enjoy amazing discounts. For just $35 a year, you can use this card to shop in US dollars and avoid any unpleasant exchange rate fees. You can also use this card safely from Canada and pay in US dollars, especially if you make lots of purchases from US-based sites.


With any other card, you're paying around 3% more in exchange fees from $CAD to $US. This fee can top up pretty fast. For example, for purchases worth $5,000, you'll pay an extra fee of over $150. That's where the BMO U.S. Dollar Mastercard comes in, enabling you to completely eliminate the need for paying exchange fees.


This card makes the most sense for Canadians who earn their salaries in US dollars, purchase on a regular basis from US-based sites, or travel a lot down South. As long as you spend over $1,000, the $35 annual fee will be waived, so you can enjoy even higher savings.

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Author Bio

Mohamed Konate

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.