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BMO Harris Bank Platinum Mastercard Credit Card®

BMO Harris Bank Platinum Mastercard Credit Card® was ranked on Money.com as one of this year's top credit cards. Read more from nationally recognized credit card expert, Jason Steele or see if you qualify by clicking "Apply Now" below.
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BMO Harris Business Platinum Mastercard Credit Card®

Intro Bonus
n/a
Annual Fee
None
Credit Level
fair to excellent
From
The Expert
Jason Steele
Why Apply?
This is a simple small business card that offers strong benefits and a valuable 0% introductory APR offer.
I Think You'll Love
Using a card that offers generous benefits and 9 months of 0% APR on purchases and balance transfers.
Pros
  • Mastercard Easy Savings and other discounted offers
  • Strong travel insurance and purchase protection benefits. 
  • 9 months of 0% APR introductory financing on new purchases and balance transfers
  • No annual fee
Cons
  • No rewards offered. 
  • 4% fee for balance transfers and 2% fee on foreign transactions. 
ABOUT THIS CARD

If you are a small business owner that’s looking for a simple, convenient way to extend your company's purchasing power, then the BMO Harris Business Platinum Mastercard® Credit Card could be right for you. Although it doesn’t offer any rewards for spending, It’s packed with features and benefits. For example, your eligible purchases are covered for 90 days for up to $10,000 in losses due to theft or damage. Your purchases are also covered by an extended warranty policy that adds a year to the manufacturer’s coverage.

This card also comes with travel and roadside assistance services, rental car coverage, and worldwide automatic travel accident and baggage delay coverage. Another benefit is the Mastercard Easy Savings® program, which offers discounts on small business purchases from numerous merchants including hotels, restaurants, fuel, travel and business services. You'll also receive merchant discounts from Intuit Quickbooks® & TurboTax®.

The real benfit of this straight-forward card is in the introductory offers. It comes with nine months introductory 0% APR financing on new purchases and balance transfers (when made within 90 days of account opening). After that the on-going rate is 9.99% - 19.99% APR. If strong benefits and the attractive promotional financing offer are more important than earning rewards, then the BMO Harris Business Platinum Mastercard® Credit Card may be right for your business. 

4 things informed consumers need to know:
  1. Get enough credit cards to keep the balance on each one below 30% of its limit.
  2. Pay on time, use cards sparingly and keep your accounts open.
  3. Don’t apply for too many cards at once. Do 1 today, again in 6 months, etc.
  4. More cards mean a wider variety of points and benefits.

Jason steele
The Expert
Jason Steele

Analysis is brought to you by nationally recognized credit card expert Jason Steele, who has appeared in publications such as:

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Details and conditions for each credit card offer are available on the online credit card application page. Our team makes reasonable efforts to ensure the information on our page is accurate, but this information is presented without warranty and some of the offers on this page may no longer be available through our site. You can click on the “Learn More” or “Apply Now” button for each credit card offer to continue to the issuer’s web site and review the terms and conditions on their site. Offers, details, and other information is subject to change, and the terms displayed may not be available to all consumers. ConsumersAdvocate has partnered with CardRatings for some of our credit card offerings. ConsumersAdvocate and CardRatings may receive a commission from card issuers.

Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.