BMO has introduced a new business credit card that gives up to 5% cash back on eligible purchases.

Nov 9, 2026, 11:11 AM ETProductRead the original at newswire.ca

Good for BMO

The new card adds cash back and other services for Canadian business owners, strengthening BMO's offer. Customer sign-ups and added profit are not reported, so the benefit is promising but unproven.

BMO · BMO Financial Group

AI read · Good for BMO

The AI's read

A stronger card offer could help BMO serve more of its roughly 500,000 Canadian business clients and handle more of their payments. Travel, health, and business protection benefits add uses beyond cash back. The launch does not show how many customers will sign up or how much profit it will bring, so the benefit remains unproven.

Get alerts for BMO

Follow BMO Financial Group (BMO) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for BMO

Free on the App Store and Google Play, or on the web.