BMO World Elite Business Mastercard

Amount:

no fixed amount

Type:

Credit Card

Description:

The BMO World Elite Business Mastercard offers business owners the chance to be rewarded for all their purchases. Moreover, extra rewards can be earned on their most common business expenses, providing an opportunity to optimize the value of their money.

Comments on Funding:

Funding takes the form of a revolving credit. This card has an annual fee of $149, and with interest rates of 17.99 – 22.99% on purchases and cash advances respectively.

Deadline:

Continuous Intake

Eligibility:

Applicants must be businesses, including: Sole Proprietorship, Partnership, Corporation, and Unincorporated Association.

Application Steps:

Applicants must apply online or give BMO a call at 1-844-385-5055.

Documentation Needed:

Specific documentations must be provided based on the type of business.

Other Things to Note:

Get up to 50,000 points when you spend $5,000 in the first three months and an additional 20,000 points when you spend $35,000 in the first twelve months.

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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