BMO CashBack Business Mastercard 2026 Review

Annual fee
CA$0
Rewards rate
1.5%-0.75%
Welcome Bonus
CA$150
Apply Now →on BMO's website

  • 10%Cash back on gas, office supplies, and cellphone and internet bill payments for the first 3 months
  • 1.5%Cash back on eligible gas and office supply purchases and cell phone and internet bill payments
  • 0.75%Cash back on all other purchases

Welcome Bonus:

Get 10% cash back on gas, office supplies and cellphone and internet bill payments for 3 months.

Reward Rate:

Get 1.5% cash back on eligible gas and office supply purchases and cell phone and internet bill payments; 0.75% cash back on all other purchases.

The BMO CashBack Business Mastercard stands out as the top choice because it offers a generous welcome bonus of 10% cash back on essential business expenses for the first three months, making it ideal for new business owners looking to maximize their initial spending.

Pros:

  • No annual fee
  • High welcome bonus for business expenses

Cons:

  • Limited to specific categories for high cash back
  • Standard earn rates are lower after the welcome period
Apply now →

The BMO CashBack Business Mastercard is a suitable option for small business owners seeking a no-annual-fee card with a straightforward cash back structure. Its competitive rewards on essential business expenses and attractive welcome bonus make it particularly appealing for those looking to enhance their cash flow during the initial stages of their business operations.

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