BMO Introduces the CPAC MasterCard

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BMO Bank of Montreal announced that it will be launching a new MasterCard on January 25th which will help members of the Chinese Professionals Association of Canada (CPAC) establish credit in Canada.

The BMO CPAC MasterCard will also designate a small percentage of the value of the card’s transactions to support CPAC programs that will be able to successfully establish themselves and their families in Canada.

Currently, BMO is the only financial institution in Canada to establish this kind of partnership with the Chinese community, no other financial institution in Canada has an affinity card that specifically reaches out to the Asian community.

The BMO CPAC MasterCard can be used anywhere in the world where MasterCard is accepted and will offer all of the features of a regular BMO MasterCard, which includes the ability to earn rewards on card purchases.

Customers can also choose either the Gold Air Miles MasterCard or the No Fee Air miles MasterCard. The Gold Air Miles MasterCard will cost consumers an annual fee $99.

Existing BMO MasterCard customers can easily transfer their current BMO MasterCard to the BMO CPAC MasterCard and maintain all of the same benefits and features.

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