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Bmo preferred rate mastercard gioing from 11.9 to 12.99

  • Last Updated:
  • Oct 11th, 2018 11:15 pm
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[OP]
Newbie
Feb 17, 2014
32 posts
9 upvotes
Westmount

Bmo preferred rate mastercard gioing from 11.9 to 12.99

Just noticed that i got a message saying that starting december 1st 2018 bmo mastercard preferred rate mastercard will go up to 12.99%. It is now 11.90%. Is this just me having a 1.09% rate hike or all cardholder with this card got this message on their last statement?
2 replies
Deal Fanatic
Apr 16, 2007
6916 posts
1800 upvotes
Financial District B…
yes BMO prefers 12.9 over 11.9
----------------------------Licensed Credit Bureau member, S1, FI Automotive, CCP forums most banned = x 13 and counting, guess who that is?... stomped to the curb once again
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May 8, 2009
6719 posts
2919 upvotes
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mikeymike1 wrote:
Oct 11th, 2018 10:18 pm
yes BMO prefers 12.9 over 11.9
Following suit of BNS.

I can appreciate the demand for low interest cards from those who can't get approved for a uLOC, but seriously...this is RFD. Start chasing BT offers to pay off card balances if you're stuck in that rut.
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