BMO Blue Rewards Mastercard* for Business

Pros & Cons

Pros

+No annual fee

Cons

–Foreign Transaction Fee (2.5%)
–No purchase protection

Our Review

The BMO Blue Rewards Mastercard for Business (formerly AIR MILES) has no annual fee and earns a base rate of 1 Blue point per dollar on all purchases.

It offers 2 points per dollar on gas and electric vehicle charging (up to $1,000 in net purchases per statement cycle), and 10x points (10 pts/$) at Blue Rewards partners (Pharmasave, Global Pet Foods, etc.) and on the Blue Rewards Travel platform powered by Expedia, up to $15,000 in net purchases per calendar year. Beyond that cap, purchases earn the base rate.

Includes Zero Liability protection, the liability waiver program (employees), 90-day purchase protection, and an extended warranty of up to one year.

Fees and interest rates

Annual Fee
$0
Foreign currency conversion fee
2.5%
Purchase Rate
20.99%
Cash advance rate
23.99%

Terms & Conditions

Card Features

Welcome offer: get 30,000 bonus points when you spend $3,000 in net purchases within the first 110 days from the account open date. Applications must be received between June 2, 2026 and June 2, 2027.

Earning: 10 Blue Points per dollar at participating Blue Rewards Partners, up to $15,000 in net purchases per calendar year; 2 points per dollar on gas and electric vehicle charging, up to $1,000 in net purchases per statement cycle; 1 point per dollar on all other purchases.

The account must be approved, open and in good standing. The offer is not available to current or former cardholders of this card, nor to BMO credit cardholders transferring into this product. The offer may be changed or withdrawn at any time.