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BMO CashBack Business Mastercard review

3.4Rated by the CreditCardGuru Editorial Team

A dependable no-fee business card for everyday expenses; businesses with bigger budgets will get more value from the Ascend World Elite Business card.

At a glance

Annual fee
No annual fee
Welcome bonus
~$150
Foreign tx fee
2.5%
Network
MASTERCARD
Rewards
cash back
Purchase APR
20.99%

Rewards & earn rates

Gas stations1.75% at Shell locations in Canada1.5%
Cell phone & internet bill payments1.5%
All other purchasesOffice supply store purchases earn 1.5%0.75%

Welcome offer: 10% cash back on gas, office supplies, and cell phone/internet bill payments in the first 3 billing cycles (up to $150) (Minimum $1,500 in eligible purchases).

Pros & cons

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 & insurance

Key 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

Rates & fees

Annual fee
None
Purchase interest
20.99%
Cash advance
23.99%
Foreign transactions
2.5%
Last updated June 7, 2026Reviewed by CreditCardGuru Editorial Team

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CIBC Dividend Visa Infinite Card

4.5·Households with heavy grocery and gas spend who want maximum cash back.
Annual fee
$120/yr
Welcome bonus
~$350
Top reward
4% groceries
  • 4% on gas and groceries is among the highest in Canada
  • Strong 2% middle tier covers dining, transit and bills
Apply nowView details