BMO Preferred Rate Mastercard

BMO Preferred Rate Mastercard®

3.6/5

0.99% interest rate on balance transfers for 9 months

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BMO Preferred Rate Mastercard

BMO Preferred Rate Mastercard®
Review

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    Card Details

    Interest Rates


    Purchase: 13.99%*

    Cash Advance: 15.99%*

    Balance Transfer: 15.99%*

    Promotional Rates


    Balance Transfer: 0.99%*

    Promotional Period: 9 months*

    Annual Fee


    $29

    $0

    First Year Waived

    Annual Income


    Personal: N/A

    Household: N/A

    Credit Score Estimate


    300
    Poor
    560
    Fair
    660
    Good
    725
    Very Good
    760
    Excellent

    Welcome Bonus


    Get a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee and we'll waive the $29 annual fee in your first anniversary*

    Card & Reward Type


    Card Type: Credit

    Reward Type: None

    Our Rating


    3.6/5

    Institution


    BMO

    Rewards


    No rewards earned on this card

    Insurance & Benefits


    Insurance

    Coverage

    • purchase protection

      Purchase Protection

      90 days

    • extended warranty

      Extended Warranty

      Doubled up to 1 year


    No additional benefits available for this card.

    Pros & Cons


    Pros

    • Low interest rate
    • Nice welcome offer for balance transfer

    Cons

    • Annual fee while there are similar cards that don't have that fee with them
    • No benefits other than the most basic purchase protection and extended warranty

    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. Check here for full details and current product information.
    * Terms and conditions apply. Each balance transfer is subject to a fee of 2% which will be charged to your account on the date the balance transfer is posted to your Account.

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