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BMO CashBack® Business Mastercard® review

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Advertiser Disclosure

Annual Fee
Interest Rate: Purchases
Interest Rate: Purchases
Balance Transfer
22.99% (0% for the first 9 months)
Balance Transfer
22.99% (0% for the first 9 months)
0.75 - 1.5% cashback
0.75 - 1.5% cashback
Signup Bonus
Signup Bonus

Informr score
The BMO CashBack® Business Mastercard® currently has an Informr score of 7.8 out of 10. This score is based on our evaluation of 3 sources including reviews from users and the web's most trusted critics.

Am I eligible?

BMO CashBack® Business Mastercard® is typically available to those with excellent credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


This business credit card earned a score of 3.9 out of a possible 5 because it offers high cash back rewards for no annual fee. On top of the 1.5% cash back earn rate on your essential business spending categories, you’ll also get 1.75% cash back at Shell for an extra treat. The downsides of this ca...

- MoneyGenius

If you’re looking for a no fee business credit card, and gas, office supplies, cellphone and the internet are some of your biggest expenses, it’s hard to go wrong with this card. It also comes with extended warranty and purchase protection to give you peace of mind when making purchases for your bus...

- creditcardGenius

If you’re looking for a business credit card that lets you earn cash back, the BMO CashBack Business Mastercard is the credit card for you. This no annual fee credit card allows you to earn cash back specifically targeted for business spending.

- Jordann Brown,


Interest Rates
Regular APR Interest Rate 19.99%
Balance Transfer Interest Rate 22.99% (0% for the first 9 months)

3% transfer fee on intro. rate

Cash Advance Interest Rate 22.99%
Rates & Fees
Annual Fee $0.00
Balance Transfer Fee 5%


Cash Advance Fee 1%

Minimum of $5

Foreign Transaction Fee 2.5%

Transactions made in a foreign currency will be converted and posted to your account in Canadian currency.

Over Limit Fee $0.00
Late Payment Fee $0.00
Sign up bonus

Get 10% cash back on gas, office supplies, and cell phone/internet bills for 3 months

All Purchases 0.75% cash back
Restaurants No
Gas 1.5% cash back
Groceries No
Hotels No
Travel No
Pharmacy No
Bills 1.5% cash back

On cell phone/internet bill payments.

Additional Details

1.75% cash back on purchases made at Shell locations in Canada.

Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments No
Virtual Cards No
Additional Benefits

- Liability Waiver Program to protect your business against employee card abuse

- Emergency replacement cards

Minimum Security Deposit $0
Minimum Age

18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces.

Minimum Personal Income
Temporary Residents No
Additional comments -
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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