BMO Preferred Low Rate MasterCard

BMO Preferred Low Rate MasterCard

BMO Preferred Low Rate MasterCard
Summary: A low interest rate card for a low annual fee

Description: 

Enjoy a low interest rate of 11.9% for a low annual fee of $20 with the BMO Preferred Rate MasterCard. This card comes with limited insurance benefits but travel and medical protection and balance insurance can be added for additional fees.

Overview

Version:
Standard
Credit required:
Fair
Card Type:
MasterCard
Issuer: 
BMO
 

Annual Interest Rates

Interest Rate: 
11.9%
Cash Advance: 
11.9%
Balance Transfer: 
11.9%
Grace Period: 
21 days
Minimum Payment: 
$10 or 2% (whichever is greater)
 

Annual Fees

Annual Fee: 
$20
Supplemental Cards: 
$0
 

Balance Protection

Insurance Plan: 
Balance Insurance
Age to Qualify: 
Under 65
Monthly Premium: 
$0.94 (per $100 of outstanding balance)
Maximum Benefit: 
$15000
 

Rewards

Travel / Vacation: 
No
Cash Back: 
No
Merchandise: 
No
Groceries: 
No
Vehicle Rebates: 
No
Charitable Donations: 
No
Health Care: 
No
Financial Products: 
No

Benefits

Car Rental Insurance: 
No
Extended Warranty: 
Yes
Travel Accident Insurance: 
Yes*
Travel Medical Insurance: 
Yes*
Trip Cancellation Insurance: 
Yes*
Flight Delay Insurance: 
No
Baggage Insurance: 
No
Road Insurance: 
No
Balance Protection Insurance: 
Yes*
Indicates restrictions or additional fees may apply. Check the credit card's web site or fine print for more information.