Credit Cards (US)

BMO CashBack Business Mastercard Credit Card review: Maximize your business rewards

Looking to make the most of your business credit card? Our review of the BMO CashBack Business Mastercard Credit Card will show you how to get low expenses and high rewards!

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BMO CashBack Business Mastercard Credit Card: Get Cash Back with No Annual Fee

BMO CashBack Business Mastercard Credit Card
If you’re a business owner, take a look at this credit card. Source: The News Stacker.

Get the best of both worlds for your business: low expenses and high rewards! Check out our BMO CashBack Business Mastercard Credit Card review to discover how to maximize profits without compromising perks.

BMO CashBack Business Mastercard Credit Card

How to apply for the BMO CashBack Business

Discover how you can easily apply for the BMO CashBack Business Mastercard credit card and save money on your business purchases!

  • Credit Score: Good
  • Annual Fee: $0
  • Intro offer: For 3 months, get 10% cash back on gas, office supplies, and cell phone & internet bills when you apply by July 31, 2023.
  • Rewards: 1.75% 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
  • APRs: From 19.99% to 22.99% 
  • Other Fees: There’s a $50 per additional card. Cash Advance Fee of 23.99% 

A business owner must find the right credit card to support her financial needs. And the BMO CashBack Business Mastercard might just be the perfect fit. 

With no annual fee and the backing of Canada’s oldest and largest bank, BMO, you can trust that you’re in good hands. 

Moreover, this card caters to all types of business entities, from sole proprietors to corporations, making it a versatile option for any entrepreneur.

Don’t miss out on the benefits of this card. Make sure to read our thorough BMO CashBack Business Mastercard Credit Card review.

BMO CashBack Business Mastercard Credit Card: What can you expect?

The BMO CashBack Business Mastercard is great for business owners who value flexibility and rewards. 

This card offers many benefits, including optional employee cards with delegated purchasing authority, automatic rebates on eligible purchases, a Liability Waiver Program, extended warranty, and purchase protection. 

What’s more, new members can enjoy a generous welcome offer of 10% cash back on gas, office supplies, cell phone, and internet bills for three months when you apply by July 31, 2023. 

Also, you earn cash back on all eligible purchases, including 1.75% at Shell, 1.5% on eligible office supplies purchases and recurring cell phone and internet billings, and 0.75% on all other purchases. 

Finally, with worldwide acceptance and protection, the BMO CashBack Business Mastercard is an excellent choice for businesses of all sizes.

Do the pros outweigh the cons?

BMO CashBack Business Mastercard Credit Card
Improve your business financial management. Source: Canva.

If you’re considering getting the BMO CashBack Business Mastercard Credit Card after reading our review, it’s important to weigh the pros and cons carefully. 

While the card does offer some enticing perks, such as cashback rewards and travel insurance, there are also some drawbacks to consider. 

Pros

  • No 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

  • The annual fee may be higher than some other business credit cards on the market
  • The cashback rate may not be as competitive as other option.
  • The minimum annual income qualification is $80,000 for an individual or $150,000 for a household.

What are the eligibility requirements?

Understandably, certain requirements must be met when applying for a credit card.

To successfully navigate the process, you should have your business and personal documentation ready and a good credit score on hand! 

Additionally, Canadian residency at the majority age is also mandatory – so make sure to double-check all of these conditions before moving forward with this opportunity!

Learn how to request the BMO CashBack Business Mastercard Credit Card

Has our BMO CashBack Business Mastercard review piqued your interest? With our easy-to-follow application guide, you can have this card in hand within minutes and enjoy a world of rewards!

Why to wait any longer – click below to get started.

BMO CashBack Business Mastercard Credit Card

How to apply for the BMO CashBack Business

Discover how you can easily apply for the BMO CashBack Business Mastercard credit card and save money on your business purchases!

About the author  /  Vinicius Barbosa

Vinicius Barbosa is a writer of finance-related content on this portal. Graduated in Social Communication, he writes about everything that involves the world of finances, from credit card recommendations to investment tips, for readers who want to make better decisions when it comes time to spend their money or invest wisely.

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