Boost Your Travels with the New BMO Escape Credit Card
BMO has unveiled an innovative credit card designed to enhance the travel experience, the BMO Escape Credit Card. Tailored specifically for avid travelers, this card empowers users to make the most of their journeys by offering an array of benefits, ensuring that every dollar spent goes further.
Exciting Features and Benefits
This new card is packed with fantastic rewards that can elevate your travel experiences. Travelers can enjoy accelerated rewards on purchases related to travel, eliminating foreign transaction fees and providing additional perks that make trips more enjoyable and cost-effective.
The BMO Escape Credit Card includes annual hotel statement credits of up to $240, allowing cardholders to maximize their hotel stays. Additionally, cardholders will gain access to Priority Pass airport lounges, enhancing their pre-flight experience. The card also covers fees for trusted traveler programs, including Global Entry, TSA PreCheck, or NEXUS—making travel smoother and more efficient.
Earn Points Effortlessly
The card offers robust rewards structures tailored towards travel spending:
- 4x points for every U.S. dollar spent on eligible dining and airfare, applicable to cumulative spending of up to $3,000 each calendar quarter.
- 3x points on all eligible hotels, cruise lines, tours, and bookings made through travel agencies, also capped at $3,000 per quarter.
- 2x points on car rentals, taxis, and rideshare services, limited to $3,000 quarterly as well.
- Other purchases generate 1x points with no limit on spending.
Customer-Centric Focus
Jennifer Douglas, Head of North American Retail and Small Business Payments at BMO, shared her excitement about the card's launch. She noted, "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. 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."
In partnership with Mastercard, this card aims to revolutionize the travel experience for its users. Julie Schanzer, EVP of Financial Institutions in the U.S. at Mastercard expressed her enthusiasm, stating, "We're thrilled to partner with BMO on the new Escape Credit Card, elevating the travel experience for cardholders. 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."
Applying for the BMO Escape Credit Card
To learn more about the BMO Escape Credit Card and to apply, prospective customers can visit the official BMO website. There, a complete list of benefits and details on the application process are available, ensuring a seamless experience for those interested in enhancing their travel adventures.
About BMO Financial Group
BMO Financial Group stands as the seventh largest bank in North America by assets, boasting impressive total assets of $1.4 trillion. With over 200 years of customer service, BMO is a diverse team dedicated to offering a wide range of personal and commercial banking, wealth management, global markets, and investment banking products and services. The bank serves 13 million customers across North America and selected global markets. Driven by a mission to 'Boldly Grow the Good in business and life,' BMO is dedicated to fostering positive change and contributing to a thriving economy and sustainable future.
About Mastercard
Mastercard is a transformative technology company within the payment industry. Its mission is to connect a digital economy that benefits everyone by making transactions safe, simple, and accessible. Mastercard's innovations seek to help individuals, financial institutions, and businesses achieve their potential, crafting a sustainable world that unlocks priceless possibilities. With a presence in over 21 countries and territories, Mastercard continues to shape a future of inclusive growth and opportunities for all.
Frequently Asked Questions
What is the BMO Escape Credit Card?
The BMO Escape Credit Card is a travel rewards card that offers points for various spending categories, providing numerous benefits for travelers.
What are some benefits of the BMO Escape Credit Card?
Benefits include hotel statement credits, Priority Pass lounge access, no foreign transaction fees, and the ability to earn bonus points on travel-related spending.
Can I earn points on international purchases?
Yes, the BMO Escape Credit Card does not impose foreign transaction fees, allowing you to earn points on international purchases without additional costs.
How do I apply for the BMO Escape Credit Card?
Interested applicants can visit the official BMO website for more information and to apply directly online.
What makes this card ideal for travelers?
The card is tailored for travelers, providing significant rewards on travel-related spending and benefits that enhance the overall travel experience.
