Welcome offer:
Get over $1,500 in value in the first year.1
Business Credit Cards
What is a business credit card?
A BMO business credit card is the smarter way to spend for your business’ needs. A business credit card helps keep your work and personal spending separate, build business credit history, and make things easier for you during tax season. Use it for everyday expenses and earn BMO rewards, cash back, or AIR MILES.
Choose how you want to be rewarded
A flexible rewards option that lets you redeem your points for whatever suits your lifestyle – from merchandise and gift cards to flights and hotels.
Treat yourself: Choose from an extensive merchandise catalogue, with hundreds of products and gift cards from top brands.- Save for the future: Redeem your points and contribute them to a BMO savings or investment account.
- Pay with Points: Let your points pick up the tab – apply your reward points directly to your purchases.9
- Travel: Book travel through any provider of your choice and redeem your BMO Rewards points using Pay with Points to cover the cost – including flights, hotels, car rentals, vacation packages, cruises and more.9
Keep things simple by earning cash on all your purchases, and even more on business-related expenses. You can redeem your cash back however and whenever you like.
- Conveniently cash out: You can choose if you want your cash annually, as a recurring payment or as a lump sum. Redeem your cash back any time, for amounts as low as $1. Or, set up an automatic recurring deposit starting at $25.
- Grow your savings: Choose to deposit your cash back into your BMO chequing, savings or InvestorLine account.
- Put it back on your card: Redeem your cash back as a statement credit and put it toward your credit card balance.
Use your AIR MILES Reward Miles for more than just travel. You can redeem them for merchandise, events, attractions and even AIR MILES Cash Rewards.
- Travel Rewards: Dreaming of future getaways? Use your Miles to book flights, hotels, cruises, vacation packages and car rentals.
- Dream Rewards: Use your Miles to get something special for you or your home. Or how about a spa pass? Or movie tickets? There’s something for everyone.
- Cash Rewards: Why wait to cash in on your rewards? Instantly use your Miles toward your everyday purchases online or in-store at participating partners.
BMO PaySmartTM Installment Plans
Live now, pay smarter with a BMO PaySmart plan by turning your credit card purchases into smaller, monthly payments at a low cost.
We’ve got all your banking needs covered
Pair it with a personal credit card
Our personal credit cards come with great benefits and rewards, and help you keep your personal and business finances separate.
Loans and lines of credit to grow your business
We offer low rates and flexible lending options so you can get the funding you need to take your business to the next level.
Business credit card Frequently Asked Questions
A business credit card can help you simplify your purchases and keep your personal and business expenses separate. What you should look for in a business credit card depends on the specific needs of your business, but here are a few things to consider:
- Will you have to pay an annual fee for the credit card? To cut down on costs, you may want to go with a low- or no-fee credit card. BMO business cards offer no annual fee.
- Does the credit card offer rewards or cash back? A rewards card can help you get discounts on travel, business supplies and other useful purchases. Or a cash back card can help you earn money back on all your business expenses.
- What will your interest rate be? It’s especially important to know what your interest rate will be if you plan to carry a balance on your business card.
A business credit card is a good idea for companies of any size. Here are some of the benefits of getting a business credit card:
- It helps you keep your business and personal spending separate, which makes things easier at tax time.
- You can get multiple cards, so employees who need to make purchases can easily do so using your business credit card.
To apply for a business credit card, you just need to operate a business. That can include a corporation, a partnership or a sole proprietorship.
To apply, you’ll need to provide some basic information, including personal and business details. The exact documents you’ll need to provide depend on the type of business you run.
There are two main reasons why it’s important to keep your personal and business expenses separate:
- For tax reasons: It’s much easier to track your business expenses if you use a separate credit card just for business purchases, which you can save a lot of time and effort during tax season.
- Misuse Protection: With our Business Credit Cards you get added peace of mind when adding two or more employee cards to your account to protect you against employee card misuse.
You can get up to 2 owner cards for your company, and up to 22 supplementary cards for your employees to use. Fees may apply.
Absolutely! You can include your business name on your credit card.
Take the next step toward better business banking
Give us a call
Call us to apply for a credit card or ask questions.
Help me choose
Answer a few quick questions and we’ll recommend one or two cards that suit you.
Visit us
Make an appointment at your nearest branch to discuss your business needs.