BMO launches the first World Elite Mastercard credit cards for business owners

TORONTO, 25 November 2021 / CNW / – BMO Expands Line of Mastercard Cards® credit cards offered to Canadian business owners with the introduction of BMO World Elite® Business Mastercard® and BMO AIR MILES® World Elite® Business Mastercard®

BMO Launches First World Elite Mastercard Credit Cards For Business Owners (CNW Group / BMO Financial Group)

“Canadian business owners have worked hard to grow their business, and these new cards allow them to enjoy business purchases – either through BMO Rewards or AIR MILES reward miles,” said Jennifer douglas, Head of Personal and Small Business Payments for North America at BMO. “By streamlining business expenses to a dedicated card, business owners can focus on what matters most while enjoying a range of valuable benefits tailored to meet their business needs. “

“Small businesses are the backbone of the Canadian economy, which is why at BMO we make sure we take care of the entrepreneurs who run these businesses,” said Mike Bonner, Head, Canadian Business Banking, BMO Financial Group. “We are proud to be the bank that helps business owners make real financial progress in their business and in their personal lives with a range of offerings that allow us to help them in all aspects of their lives. financial. “

Accessible through BMO’s online banking services, the new credit cards make it easy for business owners to separate business purchases from personal expenses and offer features and benefits designed to meet the unique needs of business owners. , such as :

  • Point accelerators: Both cards come with accelerators on specific categories that reward customers for their business expenses

  • Virtual health care tours on demand: Access to Maple – a leading virtual care platform designed to meet the changing needs of small business owners with direct access to Maple’s healthcare provider network anytime, anywhere. Using Maple, business owners can communicate with a physician or mental health counselor from the comfort of their home or work, reducing time spent in the walk-in clinic or emergency room.

  • Access to the airport lounge: Access to Mastercard® Airport experiences provided by LoungeKey by presenting their card to access over 1,000 airport lounges around the world for a fee of just 32 USD per user per visit

  • Travel protection: Insurance coverage when customers use their Mastercard credit card to pay for travel arrangements. These cards include coverages such as: Rental Car Collision Insurance, Trip Cancellation, Trip Interruption / Trip Delay, Baggage Delay and more.

  • Global Wi-Fi: Access to over a million hotspots worldwide with Boingo Wi-Fi for Mastercard® Card holders

  • Additional cards for employees: Up to 22 additional cards so employees can easily shop on behalf of the company and earn points faster

BMO Global Elite® Business Mastercard®

  • Cardholders earn 4 BMO Rewards points for every $ 1 spent on gasoline, office supplies, and cell phone and internet bill payments (up to a maximum of $ 50,000) and 1.5 BMO Rewards points for each $ 1 they spend on all other card purchases

  • Free virtual tours accessible via Maple. These visits cover on-demand visits with a GP or mental health counselor

  • Travel protection including rental car collision insurance, trip cancellation, trip interruption and delay, baggage delays and more when Mastercard is used to book travel arrangements

  • Two free tours of the airport lounges per year

BMO AIR MILES® World Elite® Business Mastercard®

  • Cardholders earn 4x reward miles when using their card at participating AIR MILES partners

  • Cardholders earn 1 reward mile per $ 12 spent on everything else

  • Free virtual tours accessible via Maple. These visits cover on-demand visits with a GP or mental health counselor

  • Travel protection including rental car collision insurance, trip cancellation, trip interruption and delay, baggage delays and more when Mastercard is used to book travel arrangements

For more information on BMO’s credit card offerings for business owners, please visit: https://www.bmo.com/main/business/credit-cards/

About BMO Financial Group
Serving clients for 200+ years, BMO is a highly diversified financial services provider – the 8th largest bank in terms of assets, North America. With total assets of $ 971 billion from July 31, 2021, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to over 12 million clients and operates through the through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.

SOURCE BMO Financial Group

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