News Releases

TORONTO, ONTARIO--(Marketwired - July 9, 2013) - As part of BMO Financial Group's ongoing commitment to financial literacy and 'Making Money Make Sense', BMO is releasing a financial tip every day in the summer to help Canadians make the 'BMOst of summer' in 2013.

'BMOst of Summer' Financial Tip of the Day: Try a 'triple play' this summer to earn more rewards.

Loyalty reward programs provide a practical and convenient way to take advantage of a broad array of redemption options. To make the most of your spending power this summer, earn rewards three times faster by making a 'triple play' through a few simple steps.

"To maximize your summer spending, use your loyalty rewards credit card to make purchases at merchants who participate in the same rewards program affiliated with your card. For example, through a program such as the AIR MILES Reward Program, you can time your purchases to take advantage of special in-store or online bonus rewards offers, you can end up earning rewards even faster," said Nick Mastromarco, Director, BMO Bank of Montreal.

To help Canadians make the 'BMOst of Summer' and get more out of every dollar they spend, BMO is offering 500 bonus AIR MILES reward miles with the no-fee BMO AIR MILES credit card when you spend $200 on an eligible card until October 31^st, 2013. For further information, drop by a BMO branch or visit bmo.com.

The survey results cited in the BMO Summer Spending Report are from online interviews with a random sample of 1,513 Canadians 18 years of age and over, conducted by Pollara between May 23 and May 27, 2013. A probability sample of this size would yield results accurate to ± 2.5 per cent, 19 times out of 20.

About BMO Financial Group

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly-diversified North American financial services organization. With total assets of $555 billion as at April 30, 2013, and more than 46,000 employees, BMO Financial Group provides a broad range of personal and commercial banking, wealth management and investment banking products and solutions.