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BMO Gold AIR MILES MasterCard for Business credit card reviews


BMO Gold AIR MILES MasterCard for Business credit card details and credit card application link.

The BMO Gold AIR MILES MasterCard for Business is a rewards credit card suitable for business owners who travel often for leisure and business. Cardholders earn 1 bonus mile every time they charge $15 in purchases to the credit card. The first card purchase earns 150 bonus miles. Double bonus miles are earned by shopping at Alamo, Shell, and National Car Rental. Cardholders also enjoy 25 percent discount on AIR MILES My Planet rewards and AIR MILES flights rewards. Up to 600 bonus miles can be earned during the first three months. Reward miles can be redeemed for both pleasure and business travel as well as for items such as merchandise, event tickets, and electronics. In addition, cardholders can earn triple bonus miles at participating merchants. Among them are Stones Corner Bed and Breakfast, Foxnet Computer Consultancy, Exclusive Limousine and Taxi Service, and many others. Cardholders can look for participating merchants by location. By just entering a city in Canada, BMO’s website displays various merchants, along with the distance to your location.

Cardholders also enjoy BMO Travel Protection for Business. This insurance package includes Unexpected Return Home and Trip Assistance, Car Rental and Common Carrier AD&D, and Car Rental Collision Damage Waver. The car rental protection offered by BMO covers towing charges, loss of use charges, theft, and damage. Trip Protection is also featured with this credit card, covering cardholders in case of accidental death. The coverage is up to $500,000. In addition, the BMO Travel Protection for Business is offered with valuable legal and travel benefits. The credit card is also featured with BMO Premium assist, which offers virtual business support 24/7. This exclusive service costs $149 a year. Optional employee cards are available to business owners who want to delegate purchasing authority to employees. With the Liability Waiver Program, business owners are protected against employee card abuse. Finally, thanks to MasterCard Easy Savings, cardholders get automatic rebates when making purchases at participating merchants.

The BMO Gold AIR MILES MasterCard for Business is featured with an annual fee of $119 and 19.5 percent interest rate. Employee cards cost $15 a year. Those who want to save on interest rates can pay additional $15 and enjoy a low interest rate of 12.9 percent.

This credit card goes with a variety of features for business owners to enjoy. Among them are purchase protection, zero dollar liability, extended warranty, and worldwide acceptance. Close to 30 million locations accept the BMO Gold AIR MILES MasterCard for Business, and it is featured with identity theft assistance. Thanks to IDefence, cardholders have access to information and assistance regarding identity theft prevention. This program helps cardholders restore their reputation and correct their financial details.

Another optional feature offered by BMO is roadside assistance. This service is available on most roads in Canada and mainland US with the BMO Enhanced Roadside Assistance and BMO Basic Roadside Assistance. The basic plan costs just $69 per year while the enhanced plan is offered for $98 a year. Applicable sales taxes are not included in the price. Additional cardholders have access to roadside assistance at no added cost. Only non-commercial passenger vehicles are covered. Service calls are limited to 4 per year with the Basic Roadside Assistance plan and unlimited with the Enhanced Roadside Assistance Plan. The maximum towing distance is 10 km with the basic plan and 250 with the enhanced version.

Business owners can download an application online. Some of the required information includes beneficial owners, intended use of one’s business bank accounts, and occupation information of business owners and their partners, directors, and authorized signatories.


Credit Card Details
NameBMO Gold AIR MILES MasterCard for Business Apply Now
TypeMasterCard
Interest Rate19.5%
Annual Fee$119
RewardsYes
Cash BackNo
AirlineYes
StudentNo
SecureNo
PrepaidNo
StoreNo
BusinessYes
Low InterestNo
Auto and GasNo
Instant ApprovalNo
Balance TransferNo
US DollarNo
No Annual FeeNo