Are you interested in exploring a thorough review of the BMO Harris Bank Platinum Rewards Mastercard credit card? Responsible Economy has performed a comprehensive analysis of its features, covering aspects like fees, interest rates, eligibility criteria, and all the essential information you need to know. Furthermore, we’ve compiled a comparison of the top credit cards currently available in the United States for the year 2023. So, without any further delay, let’s embark on this exploration together!
Features
In this section, you’ll find all the specifics about the BMO Harris Bank Platinum Rewards Mastercard credit card.
Fees
When evaluating credit cards, the presence of monthly or annual fees is a significant factor to consider. The BMO Harris Bank Platinum Rewards Mastercard credit card brings good news in this regard – it comes with no fees, providing you with a fee-free option to consider.
Interest rate
In the first 12 months, you can take advantage of an introductory offer with a 0% APR (Annual Percentage Rate). After the initial 12-month period, from the fifteenth month onwards, the interest rate will vary between 20.99% and 27.99% APR.
Bonus
Receive 25,000 bonus points when you spend $2,000 within the first 3 months of opening your account.
Cash Back
We’re providing you with a list showcasing the cash back rewards you receive when using the credit card. Depending on the type of purchases, you’ll receive varying levels of cash back.
- Earn 2 points for every $1 spent on eligible gas and groceries, up to $2,500 in combined spend each calendar quarter. After reaching the limit, earn 1x point on all purchases.
- Earn 1 point for every $1 spent on all other eligible purchases.
- Enjoy a 10% anniversary bonus points boost every year.
Summary table
Here is a summary table with all features of the BMO Harris Bank Platinum Rewards Mastercard credit card:
| Aspect | Details |
|---|---|
| Fees | $0 |
| Interest Rate | 20.99% to 27.99% APR |
| Introductory offer | 12 months 0% APR |
| Welcome Bonus | 25,000 points |
| Cash Back Benefits | Up to 2 points for every $1 spent |
Comparison with the best credit cards 2023
We’ve conducted a thorough comparison between the BMO Harris Bank Platinum Rewards Mastercard credit card and other top credit cards available in the United States for 2023:
- Fees: $0
- Cashback: 1,5%-6,5%
- Bonus: up to $300
- Credit Score: 690-850
- Fees: $0
- Cashback: 2%
- Welcome bonus: $200
- Credit Score: 690-850
- Fees: $95
- Cashback: 1x-5x
- Welcome bonus: 60.000 points
- Credit Score: 690-850
- Fees: $0
- Cashback: 1%-10%
- Welcome bonus:$200
- Credit Score: 690-850
- Fees: $95
- Cashback: 2x-5x
- Welcome bonus:75.000 miles
- Credit Score: 690-850
- Fees: $0
- Cashback: 1%-5%
- Welcome bonus: up to $300
- Credit Score: 690-850
- Fees: $0
- Cashback: 1%-5%
- Welcome bonus: $200
- Credit Score: 690-850
- Fees: $0
- Cashback: up to 3%
- Welcome bonus: $200
- Credit Score: 690-850
- Fees: $0
- Cashback: up to 4%
- Welcome bonus: $0
- Credit Score: 690-850
- Fees: $0
- Cashback: up to 5%
- Welcome bonus: $0
- Credit Score: 690-850
- Fees: $0
- Cashback: up to 3%
- Welcome bonus: $0
- Credit Score: 690-850
Pros and cons
After reviewing all the features and comparing the BMO Harris Bank Platinum Rewards Mastercard credit card with other options, we have compiled a table highlighting its advantages and disadvantages:
| Pros | Cons |
|---|---|
| No annual fees | Excellent credit score |
| Welcome bonus of 25,000 points | |
| Earn to 2 points for every $1 spent |
Requiremts
To be eligible for the BMO Harris Bank Platinum Rewards Mastercard credit card, you must meet the following requirements:
- Excellent credit score
- Must be over 18 years old
- Have a Social Security
- Live in the United States
- Have an American phone
Frequent questions
We have addressed common questions you may have about the BMO Harris Bank Platinum Rewards Mastercard credit card:
Conclusions and opinions
After conducting our analysis, our opinion is that the BMO Harris Bank Platinum Rewards Mastercard credit card is a highly favorable option. It comes with no annual maintenance fees, offers a bonus of 25,000 points, provides cash back on purchases, and features an introductory offer of 0% APR for the first 12 months.
Interesting information about BMO
We have created a table with relevant information about BMO:
| Information | Description |
|---|---|
| Website | https://www.bmo.com/en-us |
| https://www.facebook.com/bmoUSA | |
| https://twitter.com/BMO_US | |
| https://www.instagram.com/bmo_US/ | |
| https://www.linkedin.com/company/bmo-us |
Other BMO products
We’ve also provided a list of all the BMO Harris products we have analyzed:
- BMO Harris checking accounts.
- BMO bonus checking account.
- BMO certificate of deposit.
- BMO Harris savings accounts.
- BMO Harris credit cards.
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Updated the day 1 September, 2023 by Alfredo Barandiarán
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