×1 Award winner
$100 GeniusCash + 10% cash back on office supplies for 3 months + No annual fee.*
Pros & cons
Pros
- 10% cash back on gas, office supplies, and recurring cell phone/internet bills for the first 3 months.
- Up to 1.75% cash back on purchases.
- No annual fee.
- Save up to 7 cents per litre at Shell.
Cons
- Only earns 0.75% back on other purchases.
- Only includes 2 types of insurance.
Your rewards
$100 GeniusCash offer
On approval, receive $100 GeniusCash on us when you apply for BMO CashBack Business Mastercard using this offer page.
GeniusCash offer expires on Oct 31, 2025.
Getting your welcome bonus
Based on $2,000 in monthly spending, you can get up to an estimated $160.◊
For all welcome bonus details click here.
How you earn rewards
Each card earns rewards differently. Part of choosing your card is deciding what type of rewards you want to get. With BMO CashBack Business Mastercard, here's how you earn rewards:
- 1.75% cash back at Shell
- 1.5% cash back on gas , office supplies, and cellphone/internet bills
- 0.75% cash back on all other purchases
For all reward details click here.
How much your rewards are worth
The dollar value of your rewards depends on the specific rewards program ‒ and what you choose to redeem your points for. For BMO CashBack Business Mastercard in particular, if you spend $2,000 per month, here's our estimated annual rewards earned depending on which reward you choose:
| Statement credits | $207 |
Calculating your annual rewards
$24,000 annual spending x 0.86% return on spending = $207 annual rewards
$207 annual rewards − $0.00 annual fee = $207 net annual rewards
Details and eligibility
- Estimated Credit Score
- 660 - 724
- Personal Income
- N/A
- Household Income
- N/A
- Annual Fee
- $0.00
- Extra Card Fee
- $50
- Card type
- Credit
- Purchase
- 20.99%
- Cash Advance
- 23.99%
- Balance Transfer
- 23.99%
- Balance Transfer
- 0.00%
- Transfer Term
- 9 months
Insurance coverage
- Extended Warranty
- 1 year
- Purchase Protection
- 90 days
Please review your insurance certificate for details, exclusions and limitations of your coverage, terms and conditions apply.
Learn more about the value of credit card insurance coverage.
Genius Rating
BMO CashBack Business Mastercard's 3.8 Genius Rating is based on the weighted average of the following scores:
Methodology
All scores are produced by our math-based rating algorithm that takes into account over 126 credit card features.
Learn more about our rating methodology.
Awards
Each year for our annual credit card rankings our Genius Rating algorithm computes the best credit cards across 28 different categories. Here’s what this card has won this year:
Top cards from BMO
GC: $100
Our review
The BMO CashBack Business Mastercard is a business card, with no annual fee, that allows you to earn:
- 1.5% cash back rewards on gas, office supplies, cell phone bills, and internet bills,
- 1.75% cashback at any Shell location, and
- 0.75% on all other spending.
On top of that, this card will give you a welcome bonus of 10% cash back on gas, office supplies, cell phone bills and internet bills for 3 months (up to $150 earned.)
Impressive cash back rewards
Want to see that return on spending in action?
Let's say you have 10 employees with company cell phones, and each cell phone costs roughly $80 per month.
In this cards first year, you could earn $288.00 worth of cash back on your companies cell phone bills alone. That is pretty impressive for a no-fee card.
| Number of Employees | Monthly total in cell phone bills (avg. $80) | Annual total in cell phone bills (avg. $80) | Annual rewards (1.5% + 6% for up to 4 months up to 125$) |
|---|---|---|---|
| 5 | $400 | $4,800 | $144 |
| 10 | $800 | $9,600 | $238 |
| 15 | $1,200 | $14,400 | $310 |
Extended Grace period and Liability Waiver Program
What makes the BMO CashBack Business Mastercard interesting as a business card is its Extended Grace Period and its Liability Waiver Program.Extended Grace Period means that you get some extra time between the time your statement was issued and the time you have to pay your bill before you get charged interest.
You will be given a few days more than other cards, giving you at least 25 days in total – freeing up some of your company's valuable cash flow.
The Liability Waiver Program will give you peace of mind if you have secondary cards that you have distributed to your employees. This program provides security against card misuse by waiving the customer’s liability for wrongful charges made by the other cardholders.
Insurance
This card also includes 2 basic insurance coverage types:
- extended warranty, and
- purchase protection.
Although this isn't the best coverage, for a no-fee card, something is better than nothing.
The bottom line
While any small business could benefit from the BMO CashBack Business Mastercard, companies with multiple employees, company cell phones, and nearby Shell locations will especially benefit from rewards they could earn with this card.
The best part? You get this all for no annual fee.
Key benefits
BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.
User reviews
Reviewed by 2 Canadians
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It's a no fee card. For a no fee card the SUB is great if you can use it (10% on cellular, internet and office supplies). I paid off the financing on 2 cell phones (10% is amount processed after tax). There are better cards out there but for a free card i think this is well worth it. Obviously if you spend lots get a something with a better return so long as you use the return and don't just let it sit.
How you getting on their shipper and how are u going to eat out your se and
