Home / Browse / BMO Preferred Rate Mastercard
BMO
BMO · Mastercard · Preferred

BMO Preferred Rate Mastercard

Low interest Low InterestBalance Transfer
2.5
★★★☆☆

Solid value

CardPick score · from real fees, rewards & perks
You'll finish your application securely on BMO's own website.
Welcome value
est. first-year value
Annual fee
$29
per year
Purchase interest
13.99%
on carried balances
Rewards type
none
on eligible spend

Rewards

Base earn rateSee card details
Welcome bonus0% introductory interest rate on Balance Transfers for 18 months with a 2% transfer fee and waived $29 annual fee for the first year
Rewards typenone

Fees & rates

Annual fee$29
Purchase interest rate13.99%
Cash advance rate15.99%
Foreign transaction fee2.5% (typical)

Everyday features

📱 Apple Pay & Google Pay
🔒 Zero-liability fraud protection
📶 Tap to pay
🛒 Purchase security

Eligibility

Minimum personal income$15,000
Credit score guidanceGood (660+)
ResidencyCanadian resident