As a BMO CashBack MasterCard cardholder, it is essential to understand the terms and conditions of your cardholder agreement to make the most of your card`s benefits. This article seeks to provide an overview of the BMO CashBack MasterCard cardholder agreement and its key clauses.

Firstly, the BMO CashBack MasterCard agreement outlines the terms and conditions of your account, including the interest rates and fees associated with using your card. It is important to pay attention to the details surrounding these fees as they can accrue quickly if not properly managed.

In terms of rewards, the BMO CashBack MasterCard offers 1-3% cashback on eligible purchases. The agreement outlines the terms and conditions for earning and redeeming these rewards, including any limitations or restrictions. For example, there may be a cap on the amount of cashback you can earn or a minimum spending requirement to qualify for rewards.

The agreement also includes information about fraud protection, liability, and dispute resolution. BMO offers Zero Liability Protection, which means that as a cardholder, you are not responsible for any unauthorized charges made to your account. If you suspect fraudulent activity on your account, BMO provides a process for reporting and resolving any issues.

Lastly, the BMO CashBack MasterCard cardholder agreement outlines the terms and conditions of using your card abroad, including foreign transaction fees, currency conversion rates, and card acceptance. It is important to review these details before traveling to ensure you are aware of any potential fees and can plan accordingly.

In conclusion, understanding the details of your BMO CashBack MasterCard cardholder agreement is crucial to managing your account effectively. By reviewing and familiarizing yourself with the terms and conditions outlined in the agreement, you can make the most of your card`s benefits and avoid any potential fees or penalties.