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Home >> Personal Finance >> Canada Credit Cards >> Issuers >> BMO Bank Of Montreal Credit Card

BMO Bank of Montreal Credit Card (BMO Bank of Montreal Credit Cards)

The BMO Bank of Montreal Credit Card is issued by the Bank of Montreal. BMO is the fifth largest Canadian bank by deposits and its foundation dates back to 1817, making it perhaps the oldest bank in the country. Currently, BMO Bank of Montreal operates through a network of 900 branches in Canada. BMO Bank of Montreal Credit Cards are accepted at more than 24 million locations worldwide.

BMO Bank of Montreal Credit Card: Features

The prominent features of most Bank of Montreal credit cards include:

  • AIR MILES Reward Miles: Gold, Silver and Bronze AIR MILES reward programs give reward miles for every purchase, which can be exchanged for free gifts.

  • CashBack reward programs: Every time a cardholder uses his BMO credit card, he gets CashBack points that are similar to a rebate on the cards.

  • Latest chip technology protects cardholders from card thefts and fraud.

Popular BMO Bank of Montreal Credit Cards

Although BMO has a wide variety of credit cards on offer, the most popular ones include:

BMO Mosaik MasterCard: Freedom of choice

Cardholders can customize their cards by adding:

  • No fee interest rate plan of 19.5% or low fee interest rate plan of 11.9%.
  • BMO MasterCard Balance Protection.
  • Medical or travel insurance services.

BMO Mosaik MasterCard for Business

  • Low interest rate of 12.9% on purchases and 8.9% on cash advances for an annual fee of $35.
  • The rate of interest for a no annual fee interest plan is pegged at 19.5%.
  • An applicant who is a Canadian resident and owns a profitable business can apply.
  • A US dollar Mosaik MasterCard for Business is also available for an annual fee of $15.

BMO SPC Mosaik MasterCard – For Students

  • With no annual fee, the interest rate is 19.5%. Alternatively, customers can pay $35 per year, to get a 11.9% interest rate.
  • Cash advances and balance transfer rate of 19.5%.

BMO US Dollar Mosaik MasterCard

  • A no fee interest rate plan of 19.5 % and a lower interest rate plan of 11.9% for $35 per year.
  • Premium Cashback program for $49 per year, with one percent cash back on all buyouts.

‘BMO Bank of Montreal Credit Card’ and ‘Bank of Montreal’ are trademarks of the Bank of Montreal, who can be found at www.bmo.com