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

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:

Who can apply for a business credit card?

To apply for a business credit card, you just need to operate a business. That can include a corporation, a partnership or a sole proprietorship. To apply, you’ll need to provide some basic information, including personal and business details. The exact documents you’ll need to provide depend on the type of business you run.

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: for tax reasons and liability reasons.

Can I get my business name on my credit card?

Absolutely! You can include your business name on your credit card.

Apply Online for a BMO Business Credit Card

Credit cards that help make the most of your purchases

Make your money go further with a BMO business credit card. Whether you choose a card that offers cashback, BMO Rewards or AIR MILES Reward Miles, you’ll get even more from your business-related expenses.

B M O Ascend World Elite business rewards mastercard

BMO^® Ascend World Elite^®* Business Mastercard^®*

Our B M O rewards card

Welcome offer: Get more for your business with over $1,500 in value! This includes up to 100,000 bonus BMO Rewards Points in your first year (that’s $669 in value).¹

Earn 4 rewards points for every $1 you spend on gas, office supplies and cell phone and internet bill payments^4,5
Earn 1.5 rewards points for every $1 you spend on all other purchases^4,5

$149annual fee²
18.99%on purchases²
23.99%on cash advances²

learn more

BMO CashBack^® Business Mastercard^®*

Our cash back card

Welcome offer: Get 10% cash back on gas, office supplies, and recurring cell phone/internet bill payments for 3 months¹ and a 0.00% introductory interest rate on Balance Transfers for 9 months with a 3% transfer fee.^†

Get 1.75% cash back on purchases at Shell^footnote®± gas stations⁴
Get 1.5% cash back on eligible gas and office supply purchases and cellphone and internet bill payments²
Get 0.75% cash back on all other purchases⁵

$0annual fee³
20.99%on purchases³
23.99%on cash advances³

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B M O World Elite business airmiles mastercard

BMO AIR MILES^®† World Elite^®* Business Mastercard^®*

Our highest AIR MILES earn rate

Welcome offer: Get more for your business with over $1,000 in value! This includes up to 3,000 AIR MILES bonus miles in the first three months (that’s $315 in value).²

Earn 1 Mile for every $12 you spend¹
Get 4x the Miles at participating AIR MILES partners ¹

$149annual fee³
20.99%on purchases³
23.99%on cash advances³

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Choose how you want to be rewarded

A flexible rewards option that lets you redeem your points for whatever suits your lifestyle – from merchandise and gift cards to flights and hotels.

Treat yourself: Choose from an extensive merchandise catalogue, with hundreds of products and gift cards from top brands.
Save for the future: Redeem your points and contribute them to a BMO savings or investment account.
Pay with Points: Let your points pick up the tab – apply your reward points directly to your purchases.⁹
Travel: Book travel through any provider of your choice and redeem your BMO Rewards points using Pay with Points to cover the cost – including flights, hotels, car rentals, vacation packages, cruises and more.⁹

We’ve got all your banking needs covered

Pair it with a personal credit card

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

Learn more

A credit line to grow your business

Our Credit Line for Business offers quick, flexible financing for just about any business need, with instant approval on up to $120,000.

B M O Credit Line for Business Mastercard

Learn more

Business credit card FAQs

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 you have to pay an annual fee for the 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 or cash back? A rewards card can help you get discounts on travel, business supplies and other useful purchases. Or a cash back card can help you earn money back on all your business expenses.
- What will your interest rate be? It’s especially important to know what your interest rate will be if you plan to carry a balance on your business 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.
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 you can save a lot of time and effort during tax season.
2. Misuse Protection: With our Business Credit Cards you get added peace of mind when adding two or more employee cards to your account to protect you against employee card misuse.

Take the next step toward better business banking

Give us a call

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

1-844-385-5055

Help me choose

Answer a few quick questions and we’ll recommend one or two cards that suit you.

Help me choose

Visit us

Make an appointment at your nearest branch to discuss your business needs.

Find a branch

Business Credit Cards

Credit cards that help make the most of your purchases