What are the benefits of the BMO Ascend Business Mastercard®*?

One of the main benefits of the BMO Ascend Business Mastercard®* is that it has no annual fee, so you can save on costs while still earning BMO Rewards. With this card, you can earn 2 BMO Rewards Points for every $1 spent on gas, office supplies and cellphone/internet bill payments, plus you’ll earn 1 point per $1 spent on everything else. Go to the benefits section on this page to find out what else is included with this card.

Is there a fee for the BMO Ascend Business Mastercard®*?

No, the BMO Ascend Business Mastercard®* has no annual fee.

How do I redeem my points?

If you’d like to redeem your points, just visit the BMO Rewards website, sign in to your account and choose what you’d like to purchase with your points.

How often can I access my rewards points?

You can access your points whenever you’d like! Just choose how you’d like to redeem them – you can pay with your points; redeem them for travel purchases, merchandise and unique experiences; or put your points toward a BMO investment account. Learn more on the BMO Rewards website.

Where can I learn more about BMO Rewards?

You can explore all the ways to use your rewards on the BMO Rewards website. To learn more about how to set up BMO Rewards, access your points, check your balance and more, go to the BMO Rewards Frequently Asked Questions page.

Can I set up a BMO PaySmart installment plan with this card?

Yes! Purchases made with this card can be broken up into smaller monthly payments through PaySmart.

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BMO Ascend Business Mastercard^®*

Keep your business costs low and your rewards high with a no-fee credit card designed for everyday business spending.

Limited time offer

Earn 25,000 BMO Rewards Points when you spend $3,000 in the first 110 days and get a 0.00% introductory interest rate on Balance Transfers for 9 months with a 3% transfer fee.^‡,∆

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Rates at a glance

$0
annual fee¹

18.99%
interest rate on purchases¹
23.99%
interest on cash advances¹

Earn BMO Rewards points on all your purchases

Get the most out of your money with points every time you use your card.

Earn on business expenses

Get 2 points for every $1 you spend on gas and office supplies, as well as cellphone and internet bill payments.²^,²⁴

Earn on everything else

Get 1 point for every $1 you spend on all other card purchases.^2,24

Your points, your way

Discover all the ways you can redeem your BMO Rewards.

A person shops online with a credit card beside an open suitcase filled with travel items, suggesting booking eligible travel purchases such as flights, hotels, car rentals, and vacation cruises.

Cover eligible travel purchases

Redeem your BMO Rewards Points using Pay with Points to cover eligible travel purchases like flights, hotels, car rentals, vacation packages, cruises and more.⁶^,⁷

A person drops a coin into a piggy bank on a table surrounded by coins, a calculator, and a notebook, symbolizing saving money and redeeming points for gift cards.

Redeem points for gift cards

Use your hard-earned points to treat yourself, friends or family with gift cards from your favourite brands. Choose from more than 100 gift cards and e-gift cards on BMO Rewards.

A person pays at a checkout counter, holding out a card while a cashier processes the transaction, representing the ability to use points directly toward eligible purchases.

Pay with Points

Let your points pick up the tab. Apply your points directly to eligible purchases. Learn how to pay with points here.^6,7

How to Pay with Points

Treat yourself with BMO Rewards and Pay with Points for any purchase.

Step 1: Sign in

Step 2: Choose a purchase

Browse your recent transactions and select an eligible purchase for points redemption.

Step 3: Redeem

Choose how many points you’d like to redeem toward your purchase – you can redeem your points for as little as $1!^6,7

Even more benefits to explore

Learn more about what comes with the BMO Ascend Business Mastercard

Liability Waiver Program: This provides protection against employee card abuse.⁸
Zero liability: Feel secure with zero-liability protection in cases of fraudulent card use.⁵
Extended protection: We offer 90-day purchase protection plus extended warranty protection of up to an additional year on items you charge to your card.⁹
Mastercard Trust Centre: Get online access to trusted cybersecurity research and resources to help protect your business.
Mastercard Global Service^TM: Get support when you need it with 24/7 assistance for card-related concerns, available in all languages and anywhere in the world.
Toll-free customer service: Call 1-844-385-5055 toll free for customer service in English, French, Cantonese or Mandarin.

For more information on security at BMO, find out how we protect you.

Get up to 22 additional cards so employees can easily make purchases on behalf of your business and help you earn points faster.¹⁰
Get automatic rebates of 1%-25% when you shop at qualifying merchants with Mastercard Easy Savings.^TM^,¹¹
Enjoy 30% off H&R Block’s DIY and Assisted Channels Tax Offerings.¹²
Get 20% off admission to Cirque du Soleil shows touring Canada,¹³ plus 15% off resident shows in Las Vegas.¹⁴
Enjoy three months of Instacart+ and a $5 monthly Instacart credit when you enroll your eligible BMO business credit card.¹⁶
Unlock up to 35% off base rates on your next car rental with Avis and Budget when you prepay at booking.¹⁸

BMO PaySmart 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.

Learn more

What you’ll need to apply for a business credit card with us

Select your type of business for a list of information you’ll need to provide.

Here’s what you’ll need:

Name, address and date of birth, along with personal identification
Trade Name Registration (if applicable)
Master Business Licence (if you’re using a registered trade name)

Here's what you'll need:

Please consult the following list to figure out what information you may need to provide.

If your business has been in existence less than 18 months, please provide one of the following:

Complete articles of incorporation
Letters patent/company charter
Articles of amendment
Articles of amalgamation
Corporate Profile Report

If your business has been in existence more than 18 months, please provide one item from the previous list as well as one of the following:

Annual/statutory return
Certificate of status
Certificate of compliance/existence and any filings under the applicable provincial securities legislation, such as financial statements
Financial statement or annual report signed by an independent accounting firm
Government assessment
Corporate search

If your business operates under a registered trade name, please provide one of the following:

Trade Name Registration
Master Business License

In all cases, please provide the following identification:

Name, address, and occupation or nature of primary business
Percentage ownership and type of ownership (direct or indirect) for any person (including yourself) or company with an interest of 25 per cent or more of your business
Name, occupation and date of birth, along with personal identification

Here's what you'll need:

Please consult the following list to figure out what information you may need to provide.

If your business has been in existence less than 18 months, please provide one of the following:

Complete articles of incorporation
Letters patent/company charter
Articles of amendment
Articles of amalgamation
Corporate Profile Report

If your business has been in existence more than 18 months, please provide one item from the previous list as well as one of the following:

Annual/statutory return
Certificate of status
Certificate of compliance/existence and any filings under the applicable provincial securities legislation, such as financial statements
Financial statement or annual report signed by an independent accounting firm
Government assessment
Corporate search

If your business operates under a registered trade name, please provide one of the following:

Trade Name Registration
Master Business License

In all cases, please bring the following identification:

Name, address, and occupation or nature of primary business
Percentage ownership and type of ownership (direct or indirect) for any person (including yourself) or company with an interest of 25 per cent or more of your business
Name, occupation and date of birth, along with personal identification, for yourself and up to three authorized signatories

Here's what you'll need:

Please consult the following list to figure out what information you may need to provide.

If your business is a general partnership, please bring the following:

Partnership registration (if applicable)
Partnership agreement

If your business is operating under a registered trade name, please bring one of the following:

Trade Name Registration
Master Business License

If your business is a limited partnership, please bring the following:

Limited partnership agreement
Certificate of limited partnership/declaration of limited partnership/application for registration of a limited partnership

In all cases, please bring the following identification:

Name, address, and occupation or nature of primary business
Percentage ownership and type of ownership (direct or indirect) for any person (including yourself) or company with an interest of 25 per cent or more of your business
Name, occupation and date of birth, along with personal identification, for yourself and up to three authorized signatories

Here's what you'll need:

Please consult the following list to figure out what information you may need to provide.

If your business has been formally established, please bring one of the following:

Articles of association
Copy of by-laws or constitution disclosing names and titles of directors and/or officers

If your association isn’t formally established, please bring:

Letter from the organization disclosing who has the authority to open and operate the account

In all cases, please bring the following identification:

Name, address, and occupation or nature of primary business
Percentage ownership and type of ownership (direct or indirect) for any person (including yourself) or company with an interest of 25 per cent or more of your business
Name, occupation and date of birth, along with personal identification, for yourself and up to three authorized signatories
Name and occupation of any directors or officers

A person stands on a city street surrounded by tall office buildings, looking at their phone while traffic lights and urban architecture frame the scene.