Bank of Montreal (BMO)

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Ranking the Credit Card Portfolios of Each Canadian Financial Institutions (updated February 1, 2016)

ByMatt

This is not going to be an easy post to write, but I did want to try to pin each financial institution against each other to see how they fair. This is going to be a very subjective post where I am going to rank each each company based on their overall credit card portfolio. I am also going to list out some of the top credit cards offered by each institution.

$150 Promotion with the BMO CashBack World Elite MasterCard

ByMatt

The Bank of Montreal is offering a $150 bonus credit on its CashBack World Elite MasterCard. The way the credit card works is that you earn 175 points for every $100 that you spend. Each point is worth 1 cent, so you are essentially getting 1.75% return on all purchases. The bonus promotion gives you up to 15,000 bonus points, which is the equivalent to $150.

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Credit Card Inactivity Fees

ByMatt

It has been well documented throughout the Internet that banks and credit card companies have hidden fees. One of those fees are inactivity fees for not using a credit card. Below is a list of some of the different types of inactivity fees. So read your terms and conditions closely.

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Coolest Looking Credit Cards

ByShirley Huang

Have you ever signed up for a credit card because you thought the design on the card was really cool and you just needed to add that to your collection? I definitely have. This happened when I went to my very first live Ottawa Senators game at the Canadian Tire Centre in Ottawa and I noticed they were booths set up for the Ottawa Senators MasterCard offered by MBNA.