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BMO

BMO Preferred Rate Mastercard

A low interest rate and a low annual fee. Move your balance over at 0% for 18 months and pay down debt faster.

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Starting an application here does not affect your credit score. A credit check happens only when the issuer takes it further.

Annual fee

$29

Purchase rate

13.99% (purchases)

FX fee

2.50%

Grace period

21 days

What this card pays you

Groceries
0.00%$0
Dining
0.00%$0
Gas
0.00%$0
Transit
0.00%$0
Travel
0.00%$0
Bills & subscriptions
0.00%$0
Everything else
0.00%$0
Net value$29−$29

This figure reflects your spending profile against this card's published earn rates, minus the annual fee. Category caps, welcome bonuses, insurance and lounge benefits, and first-year fee waivers are excluded from this estimate.

We earn a referral fee if an application is approved. It does not affect this ranking. How we rank

Rewards in full

  • No rewards
  • low-interest card with extended warranty and purchase protection

Rates & fees

BMO Preferred Rate Mastercard: Rates & fees
Annual fee$29
Supplementary card fee$0 (additional cardholders free)
Purchase APR13.99% (purchases)
Balance transfer intro0% for 18 months (2% transfer fee)
Balance transfer rate15.99%
Balance transfer fee2% of amount transferred on the promotional offer; up to 5.00% on other offers
Cash advance1.00% of the advance or minimum $5.00; cash advance APR 15.99%
Foreign exchange fee2.50%
Grace period21 days
NetworkMastercard

Important information

Rates, fees, and offers come from the issuers and can change without notice. Confirm every detail on the issuer's site before you apply. We provide comparisons and application intake only; approval decisions rest solely with the issuer.

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