Please confirm you meet the minimum income requirements for this card by answering the following question(s):

BMO Preferred Rate MasterCard BMO Preferred Rate MasterCard

The lower rate card with no
annual fee.

BMO® Preferred Rate MasterCard®*

Card
No Frills, Just Savings.
Our biggest savings and lowest interest rate – with no annual fee.
17.5% Interest Rate9
$0 Annual Fee9

Features

Exclusive Benefits

Explore our world-class features that save you time and money.

Safety & Security

Use your card with confidence,
knowing you're always protected.

Travel Services

Get around-the-clock coverage
whether you're in Canada or abroad.

Global Access

Make purchases and access your funds, no matter where you are.

Back

Exclusive Benefits

Exclusive Benefits

Explore our world-class features that save you time and money.

Our Preferred Rate MasterCard has no annual fee and a lower interest rate than most other credit cards.

No Annual Fee9

All the protection of a BMO MasterCard, with a low $17.9%9 interest rate.

or

Lower your Interest
Charges Further.

11.9% (with $20 per year)9,29

Features Of Every Card


Extended Warranty

Save the cost of buying optional extended warranty insurance on your next purchase by paying with your BMO credit card. This coverage doubles the original manufacturer's warranty period up to a maximum of one additional year.

Download insurance certificate (PDF) for full-coverage details

Purchase Protection

Get added protection – items bought with your card are automatically insured against theft or damage for 90 days from date of purchase.

Download insurance certificate (PDF) for full-coverage details

Zero Dollar Liability

Get free protection from both theft and fraudulent use of your card. If your card is used without your authorization, you will not be liable if:
  • You did not contribute to the unauthorized use
  • You used reasonable care to safeguard your card and PIN
  • You notify us by telephone within 24 hours if you learn of the loss, theft or misuse of your card or cheques, or after you suspected that someone else knows your PIN
  • You have not reported two or more unauthorized transactions in the last 12 months, and your account is in good standing.
If you don't meet these criteria, you will be liable for all charges incurred in connection with the unauthorized use.

Help Around the World and Lost or Stolen Card Replacement Funds from MasterCard Global Service

Whether you've left your wallet in the airport or are lost in Paris and need to locate an ATM, you can call us 24 hours a day, 365 days a year. We'll connect you with a representative who speaks your language, and can help with:
  • Lost or stolen cards
  • Emergency replacement cards or up to $1,000 in emergency funds24
  • Locate an ATM that accepts MasterCard, Maestro®*, and Cirrus®* brands
  • Access account-related information
  • Access any applicable card benefits
Back

Travel Services

Travel Services

Get around-the-clock coverage, whether you're in Canada or abroad.

Add any of these comprehensive travel or insurance options to your BMO MasterCard account.

® BMO Is a registered trademark of Bank of Montreal.
TM BMO Is a registered trademark of Bank of Montreal.
® MasterCard is a registered trademark of MasterCard International Inc. Used under license.
®†# IDefence® is a trademark owned by D+H Limited Partnership, used under licence by Bank of Montreal.
TM†# IDefence Plus™ is a trademark owned by D+H Limited Partnership, used under licence by Bank of Montreal.
TM†#CreditDefence™ is a trademark owned by D+H Limited Partnership, used under licence by Bank of Montreal.

Report Lost/Stolen Card
1-800-361-3361
Outside Canada or the U.S. call collect 514-877-0330