What should I look for in a business credit card?

A business credit card can help you simplify your purchases and keep your personal and business expenses separate. What you should look for in a business credit card depends on the specific needs of your business, but there are a few things to consider.

Why should I get a business credit card?

A business credit card is a good idea for companies of any size. Here are some of the benefits of getting a business credit card: It helps you keep your business and personal spending separate, which makes things easier at tax time. You can get multiple cards, so employees who need to make purchases can easily do so using your business credit card. It allows you to establish a business credit history, which in turn can help you apply for business loans and lines of credit in the future.

Who can apply for a business credit card?

To apply for a business credit card, you need to operate a U.S. based business entity. For-profit entities require only one obligor, the primary applicant, to complete the application, and include corporations, partnerships and sole proprietorships. A primary applicant is not an obligor for a non-profit entity. The primary applicant for a non-profit entity acts as an authorized representative of the business customer and is not personally liable on the account. To apply, you’ll need to provide some basic information including some personal details and information about your “for profit” or “not for profit” business.

Why should I keep my personal and business expenses separate?

There are two main reasons why it’s important to keep your personal and business expenses separate: 1. For tax reasons: It’s much easier to track your business expenses if you use a separate credit card just for business purchases, which can save you a lot of time and effort during tax season. 2. For liability reasons: Separating your business and personal expenses is also important for personal liability protection. It can help protect your personal credit score and assets.

How many cards can I get for my company?

With BMO business credit cards, you can request up to 20 additional cards so your employees can safely and easily make purchases on behalf of your business.

Apply for a Business Credit Card

Business credit cards that simplify your purchases

Keep your business and personal expenses separate with a business credit card. Monitor your spending, streamline your recordkeeping and manage your card online, so you can spend less time on your finances and more time growing your business.

An easier way to apply for and manage your business credit card

Get a decision in minutes
Easily apply online for a credit card and you could get a decision in minutes.
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Manage your card online
Make payments, view transactions and manage your alerts in one easy-to-use tool.

Your money goes further with BMO Flex Rewards

Get rewarded for your everyday purchases with BMO Flex Rewards. Visit
bmoflexrewards.com to redeem your points for cash, gift cards, travel and more.

Earn up to 5x points on eligible purchases^{footnote 1}
Your points won’t expire as long as your account is in good standing
Get the flexibility to spend your points on what matters to you

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We’ve got all your banking needs covered

Loans and lines of credit to grow your business

We offer low rates and flexible lending options so you can get the funding you need to take your business to the next level.

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Pair it with a personal credit card

Our personal credit cards come with great benefits and rewards, and help you keep your finances separate.

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Business credit card Frequently asked Questions

A business credit card can help you simplify your purchases and keep your personal and business expenses separate. What you should look for in a business credit card depends on the specific needs of your business, but here are a few things to consider:
- Will I have to pay an annual fee for my credit card? To cut down on costs, you may want to go with a low- or no-fee credit card. BMO business cards offer no annual fee.
- Does the credit card offer rewards? A rewards card can help you get discounts on travel, business supplies and other useful purchases. Our offers flexible rewards.
A business credit card is a good idea for companies of any size. Here are some of the benefits of getting a business credit card:
- It helps you keep your business and personal spending separate, which makes things easier at tax time.
- You can get multiple cards, so employees who need to make purchases can easily do so using your business credit card.
- It allows you to establish a business credit history, which in turn can help you apply for business loans and lines of credit in the future.
To apply for a business credit card, you need to operate a U.S. based business entity. For-profit entities require only one obligor, the primary applicant, to complete the application, and include corporations, partnerships and sole proprietorships. A primary applicant is not an obligor for a non-profit entity. The primary applicant for a non-profit entity acts as an authorized representative of the business customer and is not personally liable on the account. To apply, you’ll need to provide some basic information including some personal details and information about your “for profit” or “not for profit” business.
There are two main reasons why it’s important to keep your personal and business expenses separate:
1. For tax reasons: It’s much easier to track your business expenses if you use a separate credit card just for business purchases, which can save you a lot of time and effort during tax season.
2. For liability reasons: Separating your business and personal expenses is also important for personal liability protection. It can help protect your personal credit score and assets.

Supporting your digital transformation

Access resources to facilitate business growth in the digital era with Mastercard Digital Doors^®4. Establish a strong online presence, protect against cyber threats and manage operations efficiently.

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Take the next step toward better business banking

Give us a call

Call us to apply for a credit card or ask questions.

1-888-340-2265

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- footnote ¹ details Participation in BMO Flex Rewards is subject to terms and conditions found in the BMO Flex Rewards Program Rules, available at www.bmo.com/businessplatinumrewardsrules. The Account must be current and in good standing to accrue and redeem points. While points don’t expire, if the Account is closed for any reason, the Account will no longer be able to accrue points. All accrued points not redeemed will be available for redemption for 90 days as long as the Account is closed in good standing. Point values are subject to change at any time. Introductory rewards bonus is based on total net qualified purchases made in the first three months of account opening and rewards will be awarded to qualifying Accounts 3 - 4 weeks after the conclusion of the three-month period. Information regarding rates and offers is subject to change. For the most up-to-date offers available, please visit www.bmo.com/businesscard
- Footnote 2 details 0% introductory APR on Purchases valid for the first nine months from account opening date. Please refer to the Summary of Credit Terms for important information about rates and fees.
- Footnote 3 details 0% introductory APR on Purchases valid for the first twelve (12) months from account opening date. Please refer to the Summary of Credit Terms for important information about rates and fees.
- footnote 4 details The business and services referenced are partners of Mastercard Digital Doors. BMO has no affiliation with and does not endorse any of these businesses and services. BMO makes no warranty as to the accuracy of content or functionality of this website. The privacy and security policies of the site may be different from those practiced by BMO.
- Footnote star details See Summary of Credit Terms for rates, fees and other pricing information.
- Certain terms, conditions and exclusions apply. For complete coverage terms and conditions call 1-800-MASTERCARD (1-800-627-8372) for assistance. Refer to the Mastercard Guide to Benefits for more information.
- Mastercard^®, Mastercard^® Easy Savings^®, Mastercard Digital Doors^®, Mastercard^® Global Service™, MasterRental^®, Priceless Cities^® and the Mastercard Brand Mark are trademarks of Mastercard International Incorporated. Refer to the Mastercard Guide to Benefits for more information.

Business Credit Cards

Business credit cards that simplify your purchases

BMO Business Platinum Rewards Credit Card

BMO Business Platinum
Credit Card

An easier way to apply for and manage your business credit card

Get a decision in minutes

Verify your ID with a selfie

Manage your card online

Your money goes further with BMO Flex Rewards

We’ve got all your banking needs covered