Have you heard of the BMO Cashback Business Mastercard credit card? If not, we’ll tell you why it might be a good option. In addition to offering Cashback and incredible benefits. In this article you will have access to a complete analysis of this card. 

Nowadays, having a good credit card can be essential to use this payment method, which is accepted practically everywhere and on top of that to obtain exclusive advantages. However, it is important to know the card very well before applying, because that way you can understand exactly what it offers and you will not have disappointments in the future.

Before starting to do a complete analysis of this card, it is important to talk a little about the advantages. After all, the perks that the card offers are often the main reason customers order and choose this option. 

However, you may have already noticed that the biggest advantage of this card is the Cashback it offers. After all, the name of the card already includes this advantage. That is, if you are looking for a credit card that offers a good Cashback plan, where will you get part of the amount spent back? This card might be right for you.

In addition, another great advantage is that you can count on a free interest rate for transfers in the first nine months of using the card. In addition to only 3% throughput. Which is a big difference, especially when compared to other cards that offer the same benefits and conditions.

On the other hand, the card can also stand out for not offering too much bureaucratic processes for applying. In this way, it is also available to immigrants who are people born in other countries who legally live in Canada. This may be the reason why many people apply for this card. 

Finally, for people who like to save on fees and annual fees, this card can be the perfect option. After all, you won’t pay any kind of annuity. It is worth mentioning that some cards allow you to have zero annuity rate. As long as you spend a minimum amount per month, but in the case of this card, there are no reservations. You will have your annual fee free even without using the card very often.

To apply for this card, one of the requirements is to have a valid identification document and be over 18 years old. This is a basic requirement required by all companies and institutions involving financial operations. 

Also, you will need to prove your credit score and it is important that it is good. However, there are reports of people who do not have a very high credit score and manage to apply for their card without additional problems.

Finally, the last great advantage of this card in relation to the requirements is that you don’t necessarily have to be born in Canada to apply for yours, you can also be an Immigrant, as long as you have the documents that prove you legally live in the country.

As here we are doing a complete analysis of the credit card for you to understand everything about it, it is important that we also mention the disadvantages of this card. But it is worth mentioning that the disadvantages are not many. In general, the card may have some high fees for Purchases and transfers.

Also, if you need to make any cash advances, you may also be charged a 3-5% transaction fee. Another process that can be considered a disadvantage is that the 10% Cashback is offered only in the first few months, as a bonus for joining the card, but then the Cashback becomes a little lower. up to 1.75% on some specific purchases.

If you liked the proposal of this card and want to request yours, just click on the button below and you will be redirected to the request page!