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BMO
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BMO Ascend Business Mastercard

MASTERCARD

For business spending

BMO Ascend Business Mastercard

6.5Canada Cards ScoreGood

Welcome bonus

25,000 pts

Earn 25,000 BMO Rewards points when you spend $3,000 in the first 110 days

Annual fee No feePurchase APR 18.99%Verified 2026-06-13

Why get this card

  • No annual fee
  • Earn 0x on general

Pros

  • +No annual fee

Cons

  • -Modest base earn rate
  • -No insurance coverages captured

Earn rates

  • general0x

Welcome offer

Earn 25,000 BMO Rewards points when you spend $3,000 in the first 110 days

Bonus points
25,000
Minimum spend
$3,000
Spend window
110 days
Offer ends

Earn 25,000 BMO Rewards points when you spend $3,000 in the first 110 days.

Is this a record high? See the bonus history →

Fees

Annual fee
No fee
Additional card
Foreign transaction fee

No annual fee

Interest rates

Purchase APR
18.99%
Cash advance APR
23.99%
Balance transfer APR
Grace period
Rate effective date

Benefits & insurance

Lounge access
Insurance coverages

Redemption & eligibility

Reward currency
BMO Rewards Points
Redemption options
Transfer partners
Min. personal income
Min. household income

How we scored it

6.5Good
  • Everyday earn rateWeight 30

    0x on general

  • Welcome valueWeight 25

    No current welcome offer

  • Annual-fee valueWeight 20

    No annual fee

  • Benefits depthWeight 15

    0 insurance coverages

  • Interest costWeight 10

    18.99% purchase APR

Our editorial rating, computed only from sourced figures. See the full methodology.

Compare with similar cards

Learn before you apply

Frequently asked

Is the BMO Ascend Business Mastercard worth it?
It carries a No fee annual fee. No annual fee. Compare it against similar cards below before deciding.
What is the annual fee and interest rate on the BMO Ascend Business Mastercard?
The annual fee is No fee. The purchase interest rate is 18.99% and the cash advance rate is 23.99%. These are sourced from BMO's official page.
What rewards does the BMO Ascend Business Mastercard earn?
It earns up to 0x on general, in BMO Rewards Points. See the full earn-rate breakdown above.

More ways to compare

Official sources

Every figure on this page comes from BMO's own pages. Last checked 2026-06-13.

Cited, never sponsored

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