Payments
BMO intros Mastercard credit card
August 29, 2025
BMO introduced its Escape Credit Card with Mastercard to provide more rewards for travelers. In particular, it offers up to $240 in hotel credits annually, according to a press release.
Some of its perks include:
- Rebates on TSA PreCheck fees.
- 4x points on dining, airfare up to $3,000.
- 3x points on hotels, cruise lines, tours and travel agencies up to $3,000.
- One point per dollar spent on all eligible purchases.
"Our customers who travel frequently are looking for a card that provides world-class rewards and benefits, so we are proud to offer the BMO Escape Credit Card, in partnership with Mastercard," Jennifer Douglas, head of North American retail and small business payments at BMO, said in the release. "With the ability to earn multiplying rewards that can be redeemed in the ways they prefer; this card is designed to help travelers make real financial progress."
"We're excited to partner with BMO on the new Escape Credit Card, elevating the travel experience for cardholders," Julie Schanzer, EVP of financial institutions in the U.S. at Mastercard, said in the release. "Every time someone uses this card, they're not only unlocking great benefits — they're gaining peace of mind knowing our cardholder protection services are working behind the scenes. It's about making every journey more memorable, more secure and more rewarding."
