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Safety & Security - BMO® Secured Credit Card

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


Chip Technology

BMO® debit and credit cards are more secure than ever thanks to chip technology. Chip debit and credit cards contain an encrypted microchip that is extremely difficult to counterfeit. Your personal identification number (PIN) provides even more protection.
BMO, along with other members of the payments industry, has been leading the transition to chip card technology in Canada. To better secure your personal information and in-branch transactions, BMO has installed chip & PIN terminals in all of our branches.
Chip card technology has already been tested and implemented in over 92 countries in Europe, Asia, Latin America, Africa and the Middle East. The transition to chip card technology represents an evolution of the electronic payment system. Chip technology is designed to take security to the next level by making a safe payment system even safer.
Canadian and U.S. stores and services will be equipped with terminals that process chip transactions over the next few years. All chip cards will continue to have a magnetic stripe on the back of the card. This means that you'll still be able to use your chip card at merchants who don't have chip terminals and in countries that have not yet adopted chip technology.

Mastercard®* SecureCode®*

Mastercard SecureCode offers an additional layer of security on your BMO Mastercard for all your online purchases. This enhanced level of security will verify your online purchases through a seamless process to ensure that your card is always protected. SecureCode works with your existing BMO Mastercard and requires no download or registration.

Zero Liability30

Have peace of mind knowing that you are protected from 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, and
  • 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.

If you don't meet these criteria, you will be liable for all charges incurred in connection with the unauthorized use.

InfoProtector 360™†#

Protection for your important information

InfoProtector 360 provides 360° of protection for you, and all the important cards, documents and devices that you carry, everywhere you go. With InfoProtector 360 you'll benefit from a comprehensive suite of services that includes:

Lost Wallet Protection

With one call, the InfoProtector 360 team can have all of your lost or stolen payment cards cancelled and replaced. You can also receive 6 months of free credit bureau monitoring to help you watch for and respond to fraudulent activity, and identity restoration assistance to provide the support that you need if you become a victim of identity fraud.

Information Protection

Register all of your important personal and financial information online to help keep it safe and accessible in the event of an emergency. InfoProtector 360 can also monitor the Internet to track the use of your registered information in the public domain and alert you if it is found.

Travel Protection

Access the resources you need to travel safely with information about your travel destinations and travel alerts to help keep you informed and safe while you’re away from home.

$9.99 per month

Learn more about InfoProtector
or contact the InfoProtector 360 service team at 1-866-514-6655.

CREDIT ALERT™†#

Credit Alert is an invaluable service that helps you understand your credit rating and helps protect you against credit fraud and identity theft.
When you enroll, you can see a profile of your credit report history. You can verify its accuracy and take measures to help protect your identity.

Credit Report & Score Updates

Every 3 months, Credit Alert sends you an update summarizing changes to your credit file to help you identify any errors or activity that may indicate potential fraud. You will also receive an updated credit score every month.

Credit Monitoring & Alerts

Monitoring at both of Canada’s credit bureaus every business day will alert you to suspicious changes so you can act quickly if you suspect fraudulent activity. You will also receive ID Verification Alerts to let you know when requests to validate your identity and new credit or loan applications are received.

Support Services

When you need additional support, the Credit Alert team will help answer your questions. You may also access additional online tools and resources to help you make the most of the service.

$19.99 per month

Learn more about Credit Alert
or contact the Credit Alert service team at 1-800-548-26101-800-548-2610.

BMO Credit Card Balance Protection41

Learn more about Balance Protection
For more information on BMO Credit Card Balance Protection or call 1-844-840-8142 to apply for your coverage today.