
$150 cash back
Apply Now*Terms and conditions apply. 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.
$161
First-year value
$150
cash back
$0
Annual fee
Based on the minimum spend required to earn the full welcome bonus.
Last updated: May 21, 2025
The BMO CashBack® Business Mastercard®* is a solid choice for a business owner who prefers cash back and spends a fair amount every month on gas, office supplies, and recurring cell/internet bill payments. Its 1.75% return on gas, office supplies, and recurring cell/internet bill payments is good for a no-fee card, and the flexibility of BMO's cash back redemption options also counts in its favour.

Canada’s 7 Best BMO Credit Cards
Read more| Tier | Amount | Requirement |
|---|---|---|
| Bonus earn rate | $150 | in 3 months |
Annual Fee
Free
Additional Card
Free
A no-fee business card with a $150 welcome bonus is rare enough to justify applying on value alone – you're being paid to open an account that costs you nothing to keep.
| Category | Rate |
|---|---|
| Gas | 1.5% |
| Bills | 1.5% |
| Everything Else | 0.75% |
Best for businesses with regular fuel and utility expenses – but the Shell cap and modest base rate mean you'll want a stronger card for everything else.
No annual fee
First Year FreeWith no annual fee and no travel perks to speak of, this is strictly a cash back workhorse – expect basic Mastercard network benefits and nothing that would appeal to travellers seeking lounge access, insurance coverage, or status perks.
*Terms and conditions apply. 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.

$150 cash back
Apply Now*Terms and conditions apply. 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.
Last updated: May 21, 2025