Low interest

BMO Preferred Rate Mastercard®*

Welcome offer
0.99% of interest rate
BMO Preferred Rate Mastercard® applications must be received on or after June 1, 2022 to be eligible for welcome bonus offer and between June 1, 2022 and July 31, 2023 to be eligible for the annual fee waiver offer.
INTEREST RATES
12.99% Purchase
15.99% Cash advance
special feature(s)
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.
ANNUAL FEES
$20 Main cardholer
Waived for the first year
$0 Additional card
Add a second user for free to let them enjoy all the benefits and offers that come with this card.

This card is awesome for a personal user because :

Get a 0.99% introductory interest rate on Balance Transfers for 9 months† with a 2% transfer fee and we'll waive the $20 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*

Personal credit card with a low interest rate

This personal low-interest credit card has the lowest BMO interest rate of 12.99% for purchases and 15.99% on cash advances, making it perfect for those who want to save money on interest charges.

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

630
CREDIT
SCORE
CANADIAN RESIDENCY
REQUIRED INCOME

INSURANCE

📆

Extended Warranty

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

🛍

Purchase Security

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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