American Express EssentialTM Credit Card vs BMO Preferred Rate Mastercard
| American Express EssentialTM Credit Card | BMO Preferred Rate Mastercard | |
|---|---|---|
| Issuer | American Express | BMO |
| Network | American Express | Mastercard |
| Annual fee | No fee | $29 |
| Purchase APR | 12.99% | 13.99% |
| Cash advance APR | 12.99% | 15.99% |
| FX fee | — | — |
| Welcome (est. value) | — | See offer |
| Top earn rate | — | — |
| Lounge visits | — | — |
| Min. income | — | — |