Pros & Cons
Pros
- Welcome Bonus: 25,000 points
- Purchase protection included
- No annual fee
Cons
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Our Review
The BMO Ascend Business Mastercard®* is a business credit card with no annual fee that earns BMO Rewards points on your everyday business spending.
Its limited-time welcome offer gives you 25,000 BMO Rewards points when you spend $3,000 in the first 110 days. It applies to applications received between June 2, 2026, and June 2, 2027. You also get a 0.00% introductory interest rate on balance transfers for nine months (a 3% transfer fee applies).
Here is how you earn points:
- 2 points per dollar on gas, office supplies, and cellphone and internet bill payments, up to $50,000 in eligible purchases per year
- 1 point per dollar on all other purchases
You then redeem your points on the BMO Rewards website. Pay with Points covers eligible travel purchases (flights, hotels, car rentals, vacation packages, cruises), starting at $1. You can also choose from more than 100 gift cards.
For your team, you can add up to 22 additional cards. The card includes a Liability Waiver Program against employee card misuse, 90-day purchase protection and extended warranty protection of up to one additional year.
The interest rate is 18.99% on purchases and 23.99% on cash advances.
Rewards
All Spending
1x
BMO Rewards pts per dollar
Gas
2x
BMO Rewards pts per dollar
Office
2x
BMO Rewards pts per dollar
Telecom
2x
BMO Rewards pts per dollar
Credit Card Rewards Calculator
See how much you could earn with this card based on your spending.
Points Earned
34,200
BMO Rewards/yr
Estimated Value
$229
After Fees
+$229
1st Year ValueThese figures are estimates from our own calculator, based on our point valuations and the spending you enter. They are not the card issuer's valuation and have not been provided or endorsed by the issuer. Actual rewards may vary.
$397
incl. welcome bonus
Annual rewards breakdown
Additional Benefits
Purchase Protection
Purchase Protection
Included
Extended Warranty
+1 year(s)
Fees and interest rates
- Annual Fee$0
- Purchase Rate18.99%
- Balance transfer rate23.99%
- Cash advance rate23.99%
- Balance Transfer Promo0%
Intro period: 9 months · Transfer fee: 3%
Terms & Conditions
Card Features
- Earn 25,000 BMO Rewards points when you spend $3,000 in net purchases within the first 110 days of account opening*.
- Get a 0.00% introductory interest rate on balance transfers for nine months (a 3% transfer fee applies)*.
- The offer applies to applications received between June 2, 2026, and June 2, 2027*.
- No annual fee.
Legal
*Conditions apply. The offer is not available to existing cardholders of this card or to former cardholders who reopen an account. See BMO’s terms and conditions for full details.
Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. TravelPointsPro may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 BMO. All trademarks are property of their respective owners.
