Important Information About BMO Credit Cards the Charges, Fees and Pricing Listed Are Valid As of September 1, 2021 Unless Otherwise Noted, and Are Subject to Change

CC190-COB - EN (11-21) Important information about BMO Credit Cards The charges, fees and pricing listed are valid as of September 1, 2021 unless otherwise noted, and are subject to change. For BMO U.S. Dollar Mastercard®* cards, fees and charges are in U.S. dollars.

Annual Standard Rates: Interest Affinity Union and Edvantage Cards: Rate or Purchases, fees, cash advances, balance transfers and other charges 17.50% Rates BMO Preferred Rate Mastercard: Purchases, fees, cash advances, balance transfers and other charges 12.99% Cash advances and balance transfers effective as of December 2021 statements1 15.99% BMO Rewards World Elite®* Mastercard, BMO AIR MILES®† World Elite Mastercard, BMO CashBack World Elite Mastercard: Purchases, fees and other charges 20.99% Cash advances and balance transfers 22.99% Cash advances and balance transfers effective as of December 2021 statements1 23.99% Cash advances and balance transfers for Quebec residents 21.99% All other BMO Mastercard Cards: Purchases, fees and other charges 19.99% Purchases, fees and other charges for World Mastercards as of December 2021 statements1 20.99% Cash advances and balance transfers 22.99% Cash advances and balance transfers for World Mastercards as of December 2021 statements1 23.99% Cash advances and balance transfers for Quebec residents 21.99% BMO Visa Credit Cards: Purchases, fees and other charges 20.99% Cash advances and balance transfers 23.99% Cash advances and balance transfers for Quebec residents 21.99% Promotional Interest Rates: The following rates for balance transfers will apply on your first9 monthly statements from the account open date. After the promotional period ends, the standard interest rate described above will apply. BMO Preferred Rate Mastercard: 3.99% BMO AIR MILES Mastercard, BMO CashBack Mastercard and BMO Rewards Mastercard: 1.99% Default Rates: If you do not make your minimum payment by the payment due date and have not paid it by the date we prepare your next statement 2 times in any 12 – month period your interest rate will increase as follows: BMO Preferred Rate Mastercard: Purchases, fees, cash advances, balance transfers and other charges 17.99% Purchases, fees and other charges as of December 2021 statements1 20.99% Cash advances and balance transfers as of December 2021 statements1 23.99% All other BMO Mastercard Cards (including all BMO World Elite products): Purchases, fees and other charges 24.99% Cash advances and balance transfers 27.99% BMO Visa Credit Cards (and BMO World Elite Mastercard products as of December 2021 statements1): Purchases, fees and other charges 25.99% Cash advances and balance transfers 28.99% This increased interest rate will take effect on the 3rd statement period following the 2nd missed payment and be in effect for at least 12 months. Interest- If you pay your balance in full by the payment due date, any purchases and fees appearing on your account free Grace statement for the first time will have an interest-free grace period of at least21 days. If you do not pay Period your balance in full, we will charge interest retroactively from the date of each purchase or fee until the date we receive payment in full. There is no interest-free grace period on balance transfers, or cash advances, including cash-like transactions and gaming transactions. If you do not pay your new balance in full, your grace period will increase to at least 25 days on your next monthly statement. Your grace period will return to at least 21 days once you pay your balance in full by the next payment due date. ® ®†/ 3 2 1 * Trademark of InternationalVisa Service Association and usedunder license. Fee doesnot apply to thefollowing payment arrangements madedirectly between you pre-authorized and amerchant: recurring payment, bill Not applicablefor Quebecresidents. Your statement may includeoutstanding balances from previous months andany applicableinterest becalculatedwill usingthisnew rate. Other Fees Fees Annual Conversion Currency Foreign Payment Minimum * conversion, ifapplicable. payment or payment. one-time 1%fee amount postedThe isbasedonthe finaltransaction to your account includingany fees or foreign currency

Mastercard isaregistered and thecircles design isatrademark of Mastercard trademark, International Incorporated. Usedunder license. ™ † Trademarks of AM Royalties Limited Partnership used under license by LoyaltyOne, Co. of Montreal. andBank you must pay amount. thefull new balance exceeds your If credityour limit. new balance is the greater of thefollowing: (i)any amount past dueon your account or statement; (ii)any amount by which your activity for Inactive Account Fee: charged on your statement date ifthere hasbeennoaccount offer is madeto you and bechargedwill ispostedwhen thetransaction to your account. Fee for each balance transfer/cheque theexact fee amount: bedisclosed will when thepromotional Canada. feeThe bechargedwill ispostedwhen thetransaction to your Fee for cashadvances, cash-like payment andbill amounts transactions in/outside of Fee for slipcopy atransaction retrieval Book of personalized Mastercard Cheques. cheque isreturned. available on your account, andischarged ontheday thedishonoured payment or institution or each dishonoured Mastercard chequereturned dueto credit insufficient Dishonoured Payment Fee: each dishonoured payment returned by your financial at thebeginningof each periodif subsequent billing your account remains over limit. Over LimitFee: charged ontheday your account balance exceeds your credit limitand Charged ontheday or thetransaction activity occurs: BMO U.S. Dollar Mastercard: BMO Preferred Rate Mastercard: BMOWorld CashBack Mastercard: BMO AIR MILES World Mastercard: BMOWorld CashBack Elite Mastercard: BMO AIR MILES World Elite Mastercard: BMO eclipse Infinite* Visa BMO World Elite Mastercard: BMO eclipse Infinite Privilege* Visa Annual card fees Annual Fees are charged on your ispostedtransaction to your account plus and to U.S. (for dollars U.S. dollar cards) istherate charged to usby thepayment network onthedate the exchangeThe rate for converting foreign currency (for dollars to Canadian transactions dollar Canadian cards) If you reside within Quebec: If you reside outsideQuebec: fee ischarged on your have not activated your card, thenannually thereafter. If you transfer your account to another theannual product, which your new balance exceeds your or credit limit; (iii) of your outstandingbalance plusany amount past dueon your account or statement; (ii)any amount by Promotional Balance Transfers/Promotional Mastercard ChequeFee: 12 consecutive periods. billing 1 st monthly statement following thedate of thetransfer, thenannually thereafter. Card: 1 st Card: monthly statement following thedate you opened your account, even if you Your minimumpayment bethegreaterwill of thefollowing: (i) Your minimumpayment be will 2 , duplicate monthly or statement, cheque. 2.50% $120.00 $120.00 $120.00 $150.00 $499.00 Amount for purchases andminus $35.00 $20.00 $79.00 $99.00 $10.00 $10.00 . If your new balance is $10.00 or less, you must pay thefull

account. Amount per additionalcard 2.50% plusany interest plusany fees plus 3 for refunds. $35.00 $35.00 $50.00 $50.00 $50.00 $50.00 $99.00 2 – – $10.00 minimum

amount. Up to or less, 1.00% 5.00% $10.00 $10.00 $48.00 $29.00 3.00% $5.00 $5.00 or

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