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 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

 

  1. 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*
  2. Enjoy our lowest interest rate of 13.99% on purchases*
  3. Free extended warranty and purchase protection*
  4. Zero Dollar Liability: protects you from unauthorized use of your credit card*
  5. Worldwide acceptance at over 30 million locations*
  6. Cash Advance APR 15.99%
  7. 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.

You May Also Like:

9 Tips for First Time Credit Users

Getting approved for your first credit card is exciting because it means you can start to build your credit. Plus, ... Read more

Read More

Balance Transfer Credit Cards: How They Work

If you find the idea of a balance transfer card with a low introductory rate appealing, you may then want ... Read more

Read More

Loan Brokers and Car Loans: What You Need to Know

If you’re looking to compare car loans (or any type of loan, for that matter), you may encounter what is ... Read more

Read More