“We’re notifying you of changes being made to your BMO Cardholder Agreement as well as changes to the loyalty available withing certain BMO credit cards. With the exception of the change to the definition of” cash-like transactions” in the agreement, these changes will only affect Quebec residents. The changes will go into effect on August 1st, 2019.
The definition of “cash-like transactions” has been amended as follows:
cash-like transactions mean transactions involving the purchase of items that are similar to and/or can be converted into cash. Cash-like transactions include but are not limited to: wire transfers, money orders, travellers cheques, casino gaming chips and gaming transactions (including betting, off track betting and race track wagers), securities, government owned lottery tickets, court costs (including alimony, child support), fines, bail, bond payments, and tax payments.
To view the changes in their entirety, please visit BMO.com/August2019