CA

Application for the BMO CashBack Business Mastercard card: how does it work?

If you are looking to apply for this business credit card, this easy-to-follow step-by-step guide is going to help you get yours today.

Advertisement

BMO CashBack Business Mastercard card: No annual fees

BMO logo
How to apply for this card? Source: The Mad Capitalist.

The BMO CashBack Business Mastercard card is an excellent product for anyone looking for a no-fee rewards card. Because it’s a business credit card, the application process  for the BMO CashBack Business Mastercard card is a bit more lengthy, but nothing that should take you over 10 to 15 minutes. It’s actually a very straightforward process.

card

Credit Card

BMO CashBack Business

no annual fee cash back

No annual fee, convenient retail rewards and up to 10% cashback bonus!

You will be redirected to another website

Apply online

BMO mobile app
See how to apply online. Source: Adobe Stock.

On the top bar on BMO’s homepage, click the “Business” option. Now click the “Credit Cards” option on the bar below. This will reveal a dropdown menu where you should find and click on the BMO CashBack Business Mastercard option.

Once you have arrived at the card’s page, click the “Apply Now” button on the lower left quarter of the screen. This will take you to the first page of the secured application form. Fill in your first name and personal phone number, and answer the two questions to begin the application process. Once you have done that, hit “Continue”.

The website will quickly scroll down and show you a few requirements you must meet. The first one is that you must be an owner of a for-profit business that operates in Canada. Second, you can’t have any bankruptcy in the last 7 years. And third, be the age of majority in your province or Territory. If you are in accordance with these, hit “I do”, and then “Continue”.

Now the website will ask you for some business information such as whether you are a sole proprietor, a partnership or a corporation. Now you must enter your legal business name, business address, type of business, number of years owned and business earnings. There will then be an inquiry on the nature of your business with “yes” or “no” questions. Answer those truthfully.

You are now at the “Applicant information” page. Fill it in with your personal information and hit “Continue”. Then enter your income and employment information and hit “Continue”. Next, check the box to confirm you agree with BMO’s terms and click “Continue” again. Review your details to make sure everything is in place, then hit “Submit”, and you are done.

BMO CashBack Business Mastercard credit card vs. BMO World Elite Mastercard credit card

But maybe you are looking for a more rewards-oriented credit card. BMO has a comparable alternative: the BMO World Elite Mastercard credit card. Have a look at the comparison below.

BMO CashBack Business Mastercard Card BMO World Elite Mastercard Card
Credit ScoreFair – GoodFair – Good
Annual Fee$0$150
Regular APR19.99% – 22.99%20.99% – 23.99%
Welcome bonusUp to $125 cash back30,000 BMO Rewards points
Rewards1.5% on gas, internet bills, phone bills and office supplies
1.75% back at any Shell location
0.75% on everything else
3x points for every dollar spent on eligible dining, travel and entertainment purchases
Airport lounge access
Travel and medical protection
bmo world elite mastercard

How do you get the BMO World Elite Mastercard

An easy-to-follow step-by-step guide for you to acquire yours today!

About the author  /  Danilo Pereira

Trending Topics

content

Chase Freedom Flex vs Chase Freedom Unlimited: card comparison

Learn the main differences between the Chase Freedom Flex or Chase Freedom Unlimited credit cards, their perks, benefits and rewards.

Keep Reading
content

The American Express Blue Business Cash™ Card review

Learn how to earn cash back and improve your business' workflow with our The American Express Blue Business Cash™ Card review!

Keep Reading
content

Deserve® EDU Mastercard for Students review

Check this Deserve® EDU Mastercard for Students review and learn how to earn cash back while building a solid credit score!

Keep Reading

You may also like

content

How to buy cheap flights on Priceline

Discover how to buy cheap flights on Priceline, comparing thousands of deals. Save up to 50% on your next flight! Keep reading and learn how!

Keep Reading
content

Juno Debit Card review: Purchase with cash or crypto

Read the Juno Debit Card Review to learn if this crypto card it is right for you! Read on to see its pros and cons!

Keep Reading
content

Holy Bible App: Listen online, download now!

Get the best Christian experience with a Holy Bible app! Read or listen to the scripture on your phone anytime, anywhere.

Keep Reading