What is the interest rate on the Mosaik Mastercard?
Asked a year ago
The interest rate on the Mosaik Mastercard varies based on individual circumstances and the market. It is a variable rate tied to the Bank of Montreal's prime rate, meaning it can fluctuate over time. The current rate is made up of the prime rate plus a predetermined percentage. To find out the exact interest rate applicable to you, you can contact BMO directly or refer to your Mosaik Mastercard agreement. It's important to note that maintaining a good credit history and making timely payments can help qualify for lower interest rates, as well as taking advantage of any promotional offers or introductory rates that may be available.
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