BMO has revamped its Business Platinum Rewards Mastercard, accelerating rewards in key business spend categories.
The reconfigured card offers new and existing cardholders a 5-4-3-2-1 rewards structure. Cardholders will earn:
- 5X points on internet and phone service, on spend up to $750 per quarter
- 4X points on office supplies and printing, on spend up to $750 per quarter
- 3X points on gas, on spend up to $750 per quarter
- 2X points on dining, on spend up to $750 per quarter
- 1X points on all other purchases, with no cap on earnings
There’s a 0% introductory APR on purchases and balance transfers for 9 months. To qualify for the introductory rate, balance transfers must be initiated within 90 days of account opening.
The card offers a welcome bonus, too. New cardholders can get 50,000 bonus points when they spend $5,000 in the first 3 months, and an additional 50,000 points if they spend $50,000 in the first 12 months.
“We are thrilled to offer our refreshed BMO Harris Business Platinum Rewards Mastercard to meet the unique and evolving needs of small business owners,” said Jennifer Douglas, Head of North American Retail and Small Business Payments at BMO, in a press release.
There is no annual fee for the card. Rewards points never expire, and can be redeemed for travel, gift cards, merchandise, or cash.
For more information or to apply, please visit the BMO Harris Business Platinum Rewards Mastercard web page.