You've been pre-approved¹ for
BMO CashBack^® Business Mastercard^®*

1. This pre-approved offer is based on your credit and financial information the Bank of Montreal has obtained. We reserve the right to withdraw this offer at any time.

2. BMO CashBack Business Mastercard applications must be received by February 28, 2025 (the “Offer Period”) to be eligible for this offer. You will earn 10% cash back for each dollar you spend at qualifying gas stations, office supply stores, and on your cell phone/internet (phone) bill payments in the first 3 (three) billing cycles from the account open date (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) up to a maximum of $150 cash back (a minimum of $1,500 in eligible purchases). The 10% cash back reward includes the base earn rate of 0.75% and a bonus of 9.25% for qualifying office supply store purchases, cell phone/internet bill payments, or gas purchases (bonus of 9.50% at Shell locations in Canada). To qualify for the bonus cash back reward, your purchases must be made at “Qualifying Merchants” classified in the Mastercard network as Service Stations (gas stations with or without ancillary services) and Automated Fuel Dispensers (Merchant Codes: 5541 & 5542), Stationery and Office Supply Stores (Merchant Codes: 5111 & 5943) and Cellphone/Internet billings (Merchant Codes: 4812, 4814 & 4816). This bonus earn would not apply to some merchants who sell similar products/services or are separate merchants who are located on the premises of such merchants but are classified in another manner. After the first three (3) billing cycles or $1,500 spent in eligible purchases (whichever comes first), you will earn 1.5% cash back for each dollar you spend at office supply stores, on your cell phone/internet (phone) bill payments and at gas stations (1.75% cash back on purchases made at Shell locations in Canada). The 10% cash back reward offer is limited to new BMO CashBack Business Mastercard accounts and will not be awarded to current or former cardholders who reinstate a closed account, who transfer to another account, or who open a new account during the offer period. Limit of one bonus offer per account. If you cancel your card within one hundred and twenty (120) days from the date your account is opened, all cash back rewards earned within that period will be cancelled. This offer may be withdrawn or changed without notice.

3. Ongoing interest rates, interest-free grace period, annual fees and all other applicable fees are subject to change. Cash advances include balance transfers, cash-like transactions and Mastercard cheques. Visit bmo.com/yourbiz for current rates and fees; call the Customer Contact Centre at 1-844-385-5055, or visit your branch.

*Note: Effective February 3, 2025, the interest rate for purchases and fees will be 20.99% and the interest rate for cash advances will be 23.99%.

4. You will earn 1.5% CashBack rewards for each dollar you spend at gas stations, office supply stores, and on your cell phone/internet (phone) bill payments for purchases made at merchant locations in Canada. The 1.5% CashBack rewards includes the base earn rate of 0.75% and the bonus of 0.75% for purchases in qualifying gas, office or cell phone/internet purchases. To qualify for the bonus CashBack rewards, your purchases must be made at merchants classified in the Mastercard network as Service Stations (gas stations with or without ancillary services) and Automated Fuel Dispensers (Merchant Codes: 5541 & 5542), Stationery and Office Supply Stores (Merchant Codes: 4812, 4814 & 4816) and Cellphone/Internet billings (Merchant Codes: 5111 & 5943). Some merchants may sell similar products/services or are separate merchants who are located on the premises of these merchants but are classified in another manner, in which case this bonus earn would not apply.

*Note: Effective February 3, 2025, you will earn 1.5% cash back on the first $1,000 you spend in each category per statement cycle. All other purchases will continue to earn a 0.75% base rate of cash back rewards.

5. You will earn 1.75% CashBack rewards for purchases made at Shell locations in Canada, which includes the base earn rate of 0.75% and the Shell bonus of 1%. The Shell bonus CashBack rewards will be earned on purchases made at Shell locations in Canada (including Beaver, Turbo and Payless) to a maximum of $2,500 per account. The number of CashBack rewards will be rounded down to the nearest cent.

† Balance Transfer Terms and Conditions:

a) Subject to these Terms and Conditions, each balance transfer amount is eligible for a promotional interest rate of 0.00% provided that each balance transfer is posted to your BMO CashBack Business Mastercard account, BMO World Elite Business Mastercard or BMO Rewards Business Mastercard account (the “Account”) in the first 9 (nine) statement periods from the Account open date (“Promotional Period”), and your Account remains in good standing. Offer is available to new customers only upon Account approval for applications submitted on or after March 14, 2023. Balances from other BMO credit card accounts are not eligible to be transferred. The promotional rate will no longer apply to your Account if you transfer into a card other than the BMO CashBack Business Mastercard, BMO World Elite Business Mastercard or BMO Rewards Business Mastercard. Balance transfers apply to Canadian dollar amounts only.

b) Balance transfers do not qualify to earn loyalty rewards such as CashBack Rewards or BMO Rewards Points. Balance transfers are treated as cash advances and the promotional interest rate applies from the date the transactions are posted to your Account until the last day of the Promotional Period. After the Promotional Period expires, any remaining balance transfer amounts will be charged interest at the standard annual interest rate for cash advances. The promotional interest rate of 0.00% does not apply to purchases, fees, cash advances and other charges posted to your Account during the Promotional Period. Standard interest rates will continue to apply to those transactions. Please refer to your monthly statement for the interest rate applicable to your Account.

c) Each balance transfer is subject to a fee of 3% which will be charged to your account on the date the balance transfer is posted to your Account. For example, if an amount of $1,000 is transferred to your Account, you will be charged a fee of $30. You may request a balance transfer for as low as $100, as long as the transfer amount plus the fee, does not exceed the unused portion of the credit limit on your Account.

d) If your Account has balances with different interest rates, such as purchases with a standard interest rate and balance transfers with a promotional interest rate, any payment that exceeds the minimum payment will be allocated proportionately to those balances according to the terms set out in section 14 of the BMO Mastercard Cardholder Agreement. For example, if you have an $800 purchases balance at the standard interest rate and a $200 balance transfer balance at a promotional interest rate, 80 per cent of your payment will be allocated to your purchases balance and 20 percent will be allocated to your balance transfer balance. This offer may be withdrawn or changed without notice.

e) You will pay interest on purchases unless you pay your full Account balance by the payment due date. For example, if you complete a balance transfer for $5,000 and spend $2,000 in purchases during the same statement period, you must pay the entire balance of $7,000 before the payment due date to avoid paying interest on your purchases. You will be charged interest if you only pay the amount owing for your purchases. There is no interest-free grace period for cash advances or balance transfers.

f) To transfer balances from non-BMO credit card accounts, register for Online Banking or log in at bmo.com and do the following; select your Mastercard account, then select Set up Balance Transfer or Pre-authorized payment, then select Credit Card Balance Transfer and follow the instructions to complete the transfer.

g) If you have not made your minimum payment by the due date twice within a 12-month period, and it remains unpaid by the time we prepare your next statement, the following penalties will apply:
- You will not receive a promotional rate on your balance transfer, even if it was presented to you through email, letter, or online banking.
- You will lose your promotional interest rate on any balance transfers you currently hold.
In both instances outlined above, you will receive the default rate disclosed to you on the card carrier or any other terms or notices we provide to you.