BMO Preferred Rate Mastercard®*

Welcome Offer
0.99% of cash back
Interest Rates
13.99 %Purchase
15.99 %Cash Advance
Special Feature(s)
Free additional card
Annual Fees
$29
Main Cardholer
$0
Additional Card

Welcome Offer

Welcome Offer: Get a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee and we'll waive the $29 annual fee for the first year*

Benefit from one of the lowest balance transfer introductory rates from any card*. Worldwide acceptance at over 30 million locations*

Special Feature(s)

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Personal credit card with a low interest rate

This personal low-interest credit card has the lowest BMO interest rate of 13.99% for purchases and 15.99% on cash advances, making it perfect for those who want to save money on interest charges.

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Free additional card

Cardholders can add a supplementary cardholder to their account at no extra cost. This means they can share the benefits and rewards of their account with a family. No matter where they shop, the supplementary cardholder will also enjoy the low preferred rate on purchases.

Requirements

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630
Credit
Score
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Canadian
Residency
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Required
Income

Insurance

📆

Extended warranty

Extended Warranty Insurance by BMO doubles the original manufacturer’s warranty to a maximum of 1 additional year.

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Purchase protection

Shop confidently with Purchase Security Insurance which provides up to 90 days of coverage against theft or damage of covered items from the date of purchase.

Benefits

🌎

Worldwide customer service

BMO cards come with 24/7 customer support anywhere in the world.

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Still not sure? Compare credit cards and find the best one for your needs.