BMO U.S. Dollar Mastercard
Annual Fee
$35.00
Interest Rate
19.99%
Balance Transfer
22.99%
Cash Advance
22.99%
Credit Score
Excellent
Rewards
-
- Fee Rebate offer: Spend just $1,000 USD in one year on your card, and the annual fee for the following year is waived.
- No foreign currency exchange fees for USD.
- 24-hour, out-of-country emergency assistance with GlobalAssist.
- Acceptance at over 30 million locations in the U.S., Canada and worldwide.
- Cash advances at over 1 million ATMs worldwide.
- Free extended warranty and purchase protection.
- Zero Dollar Liability: protects you from unauthorized use of your credit card.
- You must be a Canadian resident
- You must be the age of majority in your province/territory of residence.
Summary
The BMO U.S. Dollar Mastercard is the Best BMO Credit Card for Spending in U.S. dollars, offering 24-hour, out-of-country emergency assistance with GlobalAssist, and acceptance at over 30 million locations in the U.S., Canada and worldwide. Take advantage of the Fee Rebate offer: Spend just $1,000 USD in one year on your card, and the annual fee for the following year is waived!
Our Review
BMO U.S. Dollar Mastercard
The BMO U.S. Dollar Mastercard offers cardholders the ability to make purchases in U.S. Dollars without a foreign currency exchange fee. This card is aimed at those who frequently travel to the U.S. and make purchases there. It comes at an annual fee of $35 and offers no rewards program or insurance coverage, but it does offer 24-hour, out-of-country emergency assistance with GlobalAssist. The card does offer the option for an annual fee waiver if you charge a minimum 1,000 USD to the card annually, which is a decently low threshold to meet. This card is pretty redundant unless you frequently make purchases in the U.S., preferably at a total of $1,000 or more.
As per our rating system, this card scored 0/25 on rewards, 16/25 on interest rates and balance transfers, 7/25 on perks and insurance, and 22/25 on annual fees. Therefore, the total smart score of this card is 45/100.
Pros
- Purchases made in USD will not be subject to foreign exchange fees.
- Fee Rebate offer: Spend just $1,000 USD in one year on your card, and the annual fee for the following year is waived.
- 24-hour, out-of-country emergency assistance with GlobalAssist.
- Acceptance at over 30 million locations in the U.S., Canada and worldwide.
- Cash advances at over 1 million ATMs worldwide.
- Free extended warranty and purchase protection.
Cons
- No rewards program or insurance coverage.
- An annual fee of $35.