News Release "BMO Introduces the First World Elite Mastercard Credit Cards for Business Owners in Canada" - BMO Group | Credit card reward programs | Discussion forum

https://www.newswire.ca/news-releases/bmo-introduces-the-first-world-elite-mastercard-credit-cards-for-business-owners-805242225.html

I was reading some news feeds and came across this news release.

It seems that BMO is releasing a new World Elite MasterCard for businesses.

The card itself is vertical which is neat.

Rewards are:

Cardholders earn 4 BMO Rewards points for every $1 spent on gas, office supplies, and cell phone and internet bill payments (up to a maximum spend of $50,000), and 1.5 BMO Rewards points for every $1 they spend on all other card purchases

Has some good insurances.

2 Free lounge passes ("Two complimentary airport lounge visits annually")

I don't often see new business CC offerings. Maybe other issuers will start offering world elite cards.