Credit Cards

BMO CashBack Business Mastercard review

Keep your business expenses low and rewards high with this credit card. Check out the BMO CashBack Business Mastercard review to learn all about it!

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by Aline Augusto

Published on 01/24/2022

BMO CashBack Business Mastercard credit card: get cash back on all purchases with no annual fee

Check out our BMO CashBack Business Mastercard review. Source: BMO.
Check out our BMO CashBack Business Mastercard review. Source: BMO.

Keep reading this BMO CashBack Business Mastercard review to learn all about this card with no annual fee!

BMO Bank is the oldest in Canada and one of the largest. You know you can count on, be attended to, and be safe when it comes to this financial institution.

And now there is a card specialized in helping you with your business routine. The BMO CashBack Business Mastercard is made for you, no matter if you are a sole proprietor, a person in a partnership, a corporation, or an unincorporated association.

Then, check out this full review to apply for it today!

Credit ScoreGood
Annual Fee$0
Regular APRFrom 19.99% to 22.99% 
Welcome bonus10% cash back on gas, office supplies, and cell phone & internet bills for 3 months
Rewards1.75% cash back at Shell;
1.5% cash back on eligible gas station, office supplies purchases, and on recurring cell phone/internet billings;
0.75% cash back on all other purchases
Fachada de prédio com logo BMO

How to apply for BMO CashBack Business Mastercard?

Get cash back on all purchases with a BMO CashBack Business Mastercard credit card! Learn how to apply for it!

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How does the BMO CashBack Business Mastercard credit card work?

Learn more about BMO CashBack Business Mastercard. Source: Canva.
Learn more about BMO CashBack Business Mastercard. Source: Canva.

If you have a business, you might consider this card a perfect fit for you. And it is not only because it doesn’t charge an annual fee, or due to its rewards.

The BMO CashBack Business Mastercard offers optional employee cards with delegated purchasing authority, automatic rebates on eligible purchases at some merchants, a Liability Waiver Program that protects your business against employee card abuse, extended warranty, and purchase protection.

But let’s talk about its rewards. As a new member, you earn a welcome offer of 10% cash back on gas, office supplies, cell phone, and internet bills for three months.

Also, you get 1.75% cash back at Shell. Plus, 1.5% on eligible office supplies purchases, gas stations, recurring cell phone, and internet billings.

And 0.75% on all other purchases.

Besides that, you can count on worldwide acceptance, convenience, and protection.

BMO CashBack Business Mastercard benefits

See what are the benefits of the card. Source: Canva.
See what are the benefits of the card. Source: Canva.

This credit card offers a great deal in rewards, like cashback and welcome bonus. Considering it is a business card, it features more than others in the market.

Furthermore, it doesn’t charge an annual fee. 

Moreover, it allows you to add employees to optional cards with delegated purchasing authority, including a Liability Waiver Program that protects your business against employee card abuse.

As a Mastercard, you know you won’t be unattended whether you are in Canada or another place around the world.

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Pros

  • It doesn’t charge an annual fee
  • It offers a welcome bonus, and features cash back on all purchases;
  • You can delegate extra cards to employees with a protection program against purchase abuse;
  • It provides an extended warranty, purchase protection, acceptance, and convenience. 

Cons

  • It could improve an insurance package;
  • It could provide a lower APR for business owners.

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How good does your credit score need to be?

If you want to apply for this credit card, it is important to note that it requires your business and personal documentation and at least a good credit history.

Also, it requires that you are a resident of Canada at the age of majority.

How to apply for BMO CashBack Business Mastercard?

Whether you are a sole proprietor, a corporation, a person in a partnership, or an unincorporated association, BMO has a card for you. Check out how to apply for it!

Fachada de prédio com logo BMO

How to apply for BMO CashBack Business Mastercard?

Get cash back on all purchases with a BMO CashBack Business Mastercard credit card! Learn how to apply for it!

About the author

Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by

Aline Barbosa

Senior Editor

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