BMO credit card
BMO Preferred Rate Mastercard®*
Benefits The BMO Preferred Rate Mastercard also charges a higher promotional rate than many of the cards we’ve listed, but its promotion is three months longer. Also, the card’s ongoing interest rate is considerably low compared to most sim
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- Annual fee
- $29
- Purchase rate
- 13.99%
- Issuer
- BMO
Welcome offer
Welcome Offer: Get a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee and we’ll waive the $29 annual fee for the first year*
Card highlights
- Balance Transfer Offer: 3.99% interest on balance transfers for the first nine months
- Great Added Benefit: This card has a low 13.99% APR on purchases with a $29 annual fee
- Enjoy our lowest interest rate of 13.99% on purchases*
- Free extended warranty and purchase protection*
- Zero Dollar Liability: protects you from unauthorized use of your credit card*
- Worldwide acceptance at over 30 million locations*
- Cash Advance APR 15.99%
- Regular Balance Transfer APR 15.99%
At a glance
| Card name | BMO Preferred Rate Mastercard®* |
|---|---|
| Issuer | BMO |
| Annual fee | $29 |
| Purchase interest rate | 13.99% |
| Rewards | Welcome Offer: Get a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee and we’ll waive the $29 annua |
| Best for | personal, low rate cards, balance transfer low interest cards |
Full card details
Benefits
The BMO Preferred Rate Mastercard also charges a higher promotional rate than many of the cards we’ve listed, but its promotion is three months longer. Also, the card’s ongoing interest rate is considerably low compared to most similar cards. In addition, there is no limit on how much you can transfer. Watch out for the card’s one percent balance transfer fee, though. Also, note that the card charges a small annual fee.
- Balance Transfer Offer: 3.99% interest on balance transfers for the first nine months
- Great Added Benefit: This card has a low 13.99% APR on purchases with a $29 annual fee
- Welcome Offer: Get a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee and we’ll waive the $29 annual fee for the first year*
- Enjoy our lowest interest rate of 13.99% on purchases*
- Free extended warranty and purchase protection*
- Zero Dollar Liability: protects you from unauthorized use of your credit card*
- Worldwide acceptance at over 30 million locations*
- Cash Advance APR 15.99%
- Regular Balance Transfer APR 15.99%
BMO is not responsible for maintaining or monitoring the accuracy of the information on this website. For full details and current product information click the Apply now link.
Ready for the BMO Preferred Rate Mastercard®*?
Applications are completed on the issuer's website, where you'll see the current rates, fees, and full terms before you submit.
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LendingArch may receive compensation when you apply through links on this page. Rates, fees, and offers are set by the card issuer and can change at any time — always confirm the current terms on the issuer's site before applying.
Other cards to consider
BMO Preferred Rate Mastercard®*
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