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BMO CashBack Business Mastercard credit card review: is it legit and worth it?

Looking for a business credit card which will also give you benefits? Read our BMO CashBack Business Mastercard credit card and get to know one of the best options on the market!

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BMO CashBack Business Mastercard credit card: a substantial welcome bonus.

BMO CashBack Business Mastercard credit card
BMO CashBack Business Mastercard credit card review. Source: The Mad Capitalist.

The BMO CashBack Business Mastercard credit card has no annual fee, and is designed for small business owners. It gives you cash back rewards on all your day-to-day business spending.

This card comes with an aggressive welcome bonus of 10% cashback on gas, cell phone bills, internet bills, and office supplies. This bonus applies for the first 3 months, allowing you to accumulate up to a  $125 reward. That’s 3 months you will be getting 10% cashback on very convenient categories for business owners.

Once the welcome bonus is gone, however, what do we have left? This card will give you 1.5% on the same categories as the welcome bonus, plus 1.75% back at any Shell location, plus 0.75% on all other purchases.

Just think about the kind of rewards you can get with additional employee cards. This is also a card worth considering if your business is located near any Shell location.

Have a look at some important numbers you should know about this card.

BMO CashBack Business Mastercard credit card

How to apply for the BMO CashBack Business

A quick and simple step-by-step guide for you to acquire your credit card today.

Credit ScoreFair – Good
Annual Fee$0
Regular APR19.99% – 22.99%
Welcome bonusUp to $125 cash back
Rewards1.5% on gas, internet bills, phone bills and office supplies
1.75% back at any Shell location
0.75% on everything else

BMO CashBack Business Mastercard credit card: is it legit?

BMO is the 8th largest bank in North America by assets. They have been providing personal and commercial banking, wealth management and investment services to over 12 million customers for the past 105 years. 

This card comes with all the security you can expect from an institution that has been around since 1817. Companies of all sizes have reaped the benefits of using this card with senior management and multiple employees.

BMO CashBack Business Mastercard credit card: should you get one?

pros and cons
Check out the pros and cons of this card. Source: Adobe Stock.

Pros

  • No annual fee
  • Convenient Retail Rewards
  • 10% cash back bonus

Cons

  • Reward earnings cap
  • 0.75% cashback on all purchases is very little
  • High credit requirements

Multiple personalized credit card offers

Applying won't hurt your credit score

You will be redirected to another website

Credit scores required

This card requires that its applicants have a credit score of at least 660. So if you have a fair credit score, you may get approved for this card without any restriction.

Application for the BMO CashBack Business Mastercard: how to do it?

If after analyzing the information we have provided here you have decided to apply, this is very easy to do. The process takes just a few minutes and you can do it all online. Just log on to their webpage, fill in the application form with the necessary information, and you are well on your way.

If you wish there were a step-by-step guide to applying for this product, wish no longer. We got it. Just click the link below.

BMO CashBack Business Mastercard credit card

How to apply for the BMO CashBack Business

A quick and simple step-by-step guide for you to acquire your credit card today.

About the author  /  Danilo Pereira

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