- 4%Points on gas, office supplies, and telecom
- 2.5%Points on other business expenses
- 1.5%Points on all other purchases
Earn up to 150,000 bonus BMO Rewards Points (worth up to CA$1,000) in your first year.
Earn up to 4x points on common business purchases; 1.5x to 2.5x points on everything else.
This card shines for its high earn rate on essential business expenses, making it a top choice for small business owners who want to maximize their rewards while enjoying premium travel benefits.
Pros:
- High earn rate on business expenses
- Comprehensive travel perks
Cons:
- Annual fee applies after the first year
- Requires good credit for approval
The BMO Ascend World Elite Business Mastercard is particularly suitable for small business owners who frequently incur significant expenses in categories that offer higher reward rates, such as travel and dining. With its robust welcome bonus and premium travel perks, this card can be a valuable asset for those looking to enhance their rewards potential while managing business expenditures effectively.