
$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.
10% bonus earning on up to $1,500 spend in the first three months
Gas & Bills
Everything Else
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 moreAs a welcome bonus, the BMO CashBack® Business Mastercard®* offers 10% cash back on the first $1,500 spent on gas, office supplies, and recurring cell phone & internet bill payments within the first three months, up to a total of $150 in cash back rewards.
The card has no annual fee, making it a great choice to keep around as a free primary or backup business credit card, all while supporting the longevity of your credit history.
It's also free to add authorized users.
Get a 0.00% introductory interest rate on Balance Transfers for nine months, 3% fee applies to balance amounts transferred*
Aside from the welcome offer, the BMO CashBack® Business Mastercard®* earns cash back at the following rates:
The 0.75% cash back rate for uncategorized purchases isn't the best baseline earning rate, but it isn’t too far off of the value of the rewards on BMO’s other no-fee cards.
*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
There are three ways to redeem your cash back on the BMO CashBack® Business Mastercard®*:
BMO's cash back redemption options are relatively flexible compared to its peers, many of which only allow you to claim your cash back earnings once a year.
As a no-fee card, the BMO CashBack® Business Mastercard®* comes with relatively few perks.
Cardholders can get up to 7 cents off per litre on all Shell®± fuel*. Eligible cardholders will receive 2 cents off per litre on regular fuel, and 7 cents off per litre on premium fuel, up to 1,000 litres per month.
You'll enjoy an option to get up to 22 additional cards so that employees can easily make purchases on behalf of your business.
Insurance benefits on the BMO CashBack® Business Mastercard®* are also limited.
The card does not offer any types of travel insurance; instead, its coverage is limited to extended warranty (doubling the manufacturer's standard warranty, up to one additional year) and purchase protection (against accidental damage or theft within 90 days).
100,000 BMO Rewards points