Choose one of the $50 Gift Cards Below
Minimum Credit Score Needed:Good (690-719)
Credit Card Issuer:Bank of Montreal
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BMO® Preferred Rate MasterCard® - No Frills, Just Savings. Our biggest savings and lowest interest rate – with no annual fee.
Your interest rate will increase to 24.99% on purchases, fees and other charges and 27.99% on cash advances and balance transfers; or to 16.90% for the BMO Preferred Rate Card if you do not make your minimum payment by the payment due date and have not paid it by the date we prepare your next statement 2 times in any 12-month period. This will take effect on the 3rd statement period following the 2nd missed payment and be in effect for at least 6 months.
You will benefit from an interest-free grace period of at least 21 days if you pay off your balance in full by the payment due date. If you do not pay your balance in full by the payment due date, this grace period will be increased to at least 25 days on your next monthly statement. On paying your balance in full by the payment due date, this grace period will return to at least 21 days on your next monthly statement. No interest is charged on purchases and fees appearing on your statement for the 1st time if you pay your new balance in full by the payment due date. There is no interest-free period on cash advances, including cash-like and gaming transactions and balance transfers.
No Annual Fee
Balance Transfer: 16.99%
Cash Advance: 16.99%
Sign-up BonusBalance Transfer: 3.99% for the first 6 months*
No Annual Fee
Balance Transfer: 1.95% of amount transferred**
Cash Advance: 19.95%
Sign-up Bonus1.95% Balance Transfer & Earn 2% Money-Back Rewards on purchases
Balance Transfer: 22.99%
Cash Advance: 22.99%
Sign-up BonusReceive 15,000 bonus More Rewards points when you make your first purchase in 90 days*