BMO · Mastercard
Business card
Free, on BMO's new Blue Rewards programme. 1 point a dollar base, 10 times that at partner merchants, and a published value of 1,500 points to $10.
Rates and features verified 2026-08-18Full terms and conditionsHow we research cards
What we like, and what we don’t
Worth having
- No annual fee
- 10 points a dollar at Blue Rewards Partners
- 2 points a dollar on gas and EV charging
- BMO publishes a fixed redemption value, so the earn translates cleanly
- 30,000 points in the welcome offer for $3,000 of spending
Watch out for
- At BMO's published value the base rate of 1 point a dollar is about 0.67%
- The 10x travel rate applies only through BMO's Expedia channel
- The partner network launched in June 2026 and is unproven
- No travel insurance and no lounge access
- BMO does not publish the foreign transaction fee on this card
What this card earns
- Gas
- 2x
- Travel
- 10x
- Everything else
- 1x
- Bonus categories at once
- 10 you choose which
- What we value a point at
- 0.67¢
The earning fine print
1 Blue Point per $1 base; 2 Blue Points per $1 on gas and EV charging; 10 Blue Points per $1 at Blue Rewards Partners; 10 Blue Points per $1 on Blue Rewards Travel booked through Expedia. Earn_travel of 10 applies ONLY inside BMO's Expedia travel channel. No annual caps published. Issuer-published redemption value: 1,500 Blue Points = $10 in store or toward eGift cards, i.e. 0.67 cents per point.
The welcome offer
- Welcome bonus
- 30,000 points after you spend $3,000, within 4 months
What the offer actually requires
30,000 bonus Blue Points after $3,000 in spend in the first 110 days (recorded as 4 months). At BMO's own 1,500 points = $10 rate that is $200. No offer end date published.
Fees and interest rates
- Annual fee
- None
- Foreign transaction fee
- Not published by the issuer
- Purchase APR
- 20.99%
- Cash advance APR
- 23.99%
Who can get this card
- Personal guarantee required
- Yes you are personally liable for the balance
What the benefits really mean
Up to 22 supplementary cards. BMO's product page for this card publishes no insurance coverages at all. Purchase protection and extended warranty are stated on the sibling Ascend Business Mastercard but not on this one, so they are recorded as null rather than assumed. NEW PRODUCT replacing the BMO AIR MILES Business Mastercard following BMO's June 2026 switch from AIR MILES to Blue Rewards. The 10x 'travel' rate is Expedia-channel only. BMO publishes no insurance, no supplementary card fee and no FX fee for this card. Purchase APR is 20.99% versus 18.99% on the equally no-fee BMO Ascend Business Mastercard.
Our verdict
A free card earning about 0.67% on general spending is below what the segment now offers, and BMO's own free Ascend Business Mastercard pays 2 points a dollar on gas, office supplies and telecom against 1 point here. Unless the Blue Rewards partner list happens to contain merchants your business uses heavily, the Ascend is the better free BMO card.
What this card has going for it is honesty about value. BMO publishes 1,500 points to $10, which is more than most points programmes will tell you, so you can work out exactly what you are earning. Judge the partner rate on the actual partner list rather than the multiplier, because 10 times a small number is still a small number.
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Where this came from. bmo.com/en-ca/main/business/credit-cards/bmo-blue-rewards-business-mastercard/ (fees, rates, earn, welcome offer, point value); bmo.com/main/business/credit-cards/ (lineup); bmo.com/pdf/business_Cardholder_Agreement.pdf (owner liability). Verified 18 Aug 2026.. We take every figure from the issuer’s own pages, never from another comparison site, and we leave a field blank rather than guess at it.