BMO is rolling out its enhanced BMO Harris Business Platinum Rewards Mastercard designed to meet the needs of small businesses and help customers make real financial progress. In addition to being available to all new customers, all current BMO Harris Business Platinum Rewards Mastercard cardholders will receive the rich rewards accelerators on key business spend categories. Earned points never expire and cardholders can use them for gift cards, cash, travel, dining and more.

BMO also provides new customers up to 100,000 points in the first year: 50,000 bonus points when a customer spends $5,000 within three months of opening an account and another 50,000 bonus points when they spend $50,000 or more within the first 12 months. The enhanced BMO Harris Business Platinum Rewards Mastercard offers: Rewards for business spending; 5x on internet and phone spend up to $750 per quarter; 4x on office supplies and printing on spend up to $750 per quarter; 3x on gas on spend of to $750 per quarter; 2x on dining on spend up to $750 per quarter; 1x on all other purchases and no cap on earnings; Mobile Device Perks; Coverage for up to $1,000 per covered device and receive $600 mobile protection when a customer charges their monthly bill to the card; No Annual Fee; 0% introductory Annual Percentage Rate (APR) on purchases for 9 months from the date of opening an account; 0% introductory APR on balance transfers for 9 months until the standard APR applies. Mastercard Small Business Cardholder Benefits: Access and discounts to tools and resources that help optimize business operations, power collaboration and imagination, increase cybersecurity and simplify everyday experiences.

In addition to the new card benefits, the new BMO Harris Business Platinum Rewards Mastercard also makes it more convenient for customers to manage their accounts. Rather than visiting a branch, customers can take a photo of their ID and snap a selfie to verify their identity. Customers can also manage their card all online by making payments, viewing transactions, and managing alerts in one easy-to-use tool.