Yesterday BMO came out with some refreshed offers on two of their cards. The first is on the personal BMO World Elite Mastercard which we mentioned on our social media where the current sign up bonus of first year free and 35,000 bonus points remains but they have added in a $100 travel credit as well. We have this up on our main BMO page and blog post for the personal card will follow soon!
The second offer which we are covering here is an updated promotion for the BMO Rewards® Business Mastercard® . This is essentially the business version of the World Elite Mastercard minus some travel benefits (business class lounge access etc.) but it also now offers a $100 travel credit on top of the first year free and the 35,000 points sign up bonus. Right now this is one of the stronger business card welcome offers in the market. That means with this offer you are inline to score about $470 in value strictly for spending on the card. Remember though if you do plan on cancelling the card before you have to pay the annual fee in 12 months you'll want to use up your points beforehand.
A reminder here is how the points earn and burn format works with BMO Rewards® Business Mastercard® :
- 140 points = $1 of travel booked via BMO Rewards (Old rate was 100 points = $1)
- Earn 3 points per eligible dollar spent on gas, office supplies and cell phone/internet bill payments - giving a 2.14% return on those purchases.
- All other spending will continue to earns 1.5 points per dollar - giving a 1.07% return on those purchases
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