TORONTO, ONTARIO--(Marketwired - July 23, 2013) - As part of BMO Financial Group's ongoing commitment to financial literacy and 'Making Money Make Sense', BMO is releasing financial tips throughout the summer to help Canadians make the ' BMOst of summer' in 2013.
BMO's Tip of the Day: Take advantage of cash rebates when you hit the road this summer.
Summertime is synonymous with vacation time for many Canadians, which often means an increase in driving. Gas prices can rise in the summer, leading to a big hit to your wallet. To help cut down on fuel costs, consider carpooling or avoid loading cargo on the roof to increase fuel efficiency. Another way to lessen the impact of gas costs is to turn your everyday purchases into cash rebates.
"Whether you're planning a day trip to the beach or a long weekend at the lake, consider taking advantage of rewards programs that offer cash rebates when you purchase fuel," said Nick Mastromarco, Director, BMO Bank of Montreal. "For example, BMO's CashBack credit cards provide an opportunity to earn rewards at an accelerated rate at participating Shell gas stations."
BMO offers a number of products and services that can help Canadians get more out of every dollar they spend this summer. For more details on how to make the ' BMOst of Summer,' drop by a BMO branch or visit www.bmo.com .
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly-diversified North American financial services organization. With total assets of $555 billion as at April 30, 2013, and more than 46,000 employees, BMO Financial Group provides a broad range of personal and commercial banking, wealth management and investment banking products and solutions.
