BMO CashBack Business Mastercard
BMO
Cost-conscious small businesses that want simple cash back on gas, office supplies, and telecom with no fee.
VaultNerd estimate based on the card's tier and income requirements — not an official issuer cutoff. Approval also depends on income, debt, and credit history.
Our verdict
A dependable no-fee business card for everyday expenses; businesses with bigger budgets will get more value from the Ascend World Elite Business card.
Reward rates
Gas stations 1.75% at Shell locations in Canada | 1.5% |
Cell phone & internet bill payments | 1.5% |
All other purchases Office supply store purchases earn 1.5% | 0.75% |
Welcome bonus
10% cash back on gas, office supplies, and cell phone/internet bill payments in the first 3 billing cycles (up to $150)
Requirement: Minimum $1,500 in eligible purchases
Pros
- Solid no-fee earn on common business expenses
- Useful intro balance transfer offer for cash flow
Cons
- 0.75% base rate trails premium business cards
- Very limited insurance package
Perks
- No annual fee for business cash back
- 0% introductory balance transfer rate for 9 months (3% fee)
- 1.75% cash back at Shell stations in Canada
- Free additional employee cards
- Redeem cash back flexibly toward your statement or accounts
Insurance
- Extended warranty insurance
- Purchase protection
Researching and writing about Canadian credit cards and rewards since 2026.
“BMO CashBack Business Mastercard Review — VaultNerd” — VaultNerd, https://www.vaultnerd.com/credit-cards/bmo-cashback-business, updated June 2026.
- BMO cardholder agreement and rates & fees disclosure
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