Consolidate business expenses with a Commercial Card

 

 

Commercial Card
  • Consolidate all of your business spending – Purchasing, Travel & Entertainment and Fleet – into a single card program
  • Turn your business expenses into great rewards with BMO Rewards points, CashBack rewards, or AIR MILES®† Reward Miles options
  • Choose between Canadian and U.S. currency cards
  • Manage business expenses with cardholder controls such as Merchant Category Code (MCC) blocking, daily transactions limits and cash advance blocking

 

 


 

Features

 

A single card program to manage all of your business spending.

 

  • Choose from six card options with great benefits, including BMO Rewards points, 1.0% CashBack rewards, AIR MILES®† Reward Miles, U.S. Dollar, Not-For-Profit and a low annual fee card:
    • Earn 1.5 BMO Rewards points for every $1 spent1. BMO Rewards earned at the Company level.
    • Owners who want the option of CashBack rewards can earn 1% cash back on all eligible purchases2. There is no cap on the cash back limit – earn as you spend
    • Earn 1 Mile on every $30 of eligible purchases,either at the Company or Cardholder collector level, with the BMO AIR MILES Commercial Mastercard3
    • Manage exchange rate fluctuations and avoid foreign exchange mark-up fees when travelling to the U.S. or purchasing products and services from U.S. based suppliers, with the BMO U.S Dollar Commercial Mastercard
    • Not-for-Profit organizations can benefit from a no annual fee card
    • A low annual fee card offers great value for organizations looking for a cost-effective card option without rewards
  • Mitigate risk: Protect against card misuse with the automatic BMO Mastercard®* Liability Waiver Program, which offers up to $50,000 coverage per card account4
  • Purchase Protection and Extended Warranty: Protect most business purchases against theft and damage with automatic BMO Purchase Protection and Extended Warranty benefits5
  • Advanced online reporting and data collection – BMO Spend Dynamics®, our easy to use program management and reporting tool, provides you with convenient access to your transaction data so you can see and analyze your program spend
  • Digital payments: Make purchases with your smartphone using Apple Pay®, Google Pay.

 


 

Benefits

  • Cost and time savings: A single program is easy to administer and maintain
  • Improved cash flow: Maximize your cash flow with a 21-day grace period before your payment due date
  • Employee convenience: A single card account allows you to pay for all types of business expenses
  • Process simplification: Payment and back-end reconciliation inefficiencies are reduced, lowering program errors and administration costs
  • Expenditure reporting: Centralized data on all expenditures facilitates spend analysis, which can lead to improved leverage for supplier negotiations
  • Global acceptance: The BMO Commercial Card is accepted at Mastercard merchants and at millions of ATMs worldwide

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