BMO Preferred Rate MasterCard

BMO Preferred Rate MasterCard

BMO Preferred Rate MasterCard
Summary: A lower interest rate with no annual fee

Description: 

Enjoy a lower interest rate of 17.5% and no annual fee 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: 
17.5%
Cash Advance: 
17.5%
Balance Transfer: 
17.5%
Grace Period: 
21 days
Minimum Payment: 
$10 or 2% (whichever is greater)
 

Annual Fees

Annual Fee: 
$0
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.