TORONTO, ONTARIO — (Marketwired) — 07/29/13 — As part of BMO Financial Group-s ongoing commitment to financial literacy and -Making Money Make Sense-, BMO is releasing financial tips throughout the summer to help Canadians make the -BMOst of summer- in 2013.
BMOst of Summer Financial Tip of the Day: This summer, take advantage of credit card features that help save on the cost of purchase warranties.
By using a credit card that provides automatic extended warranty and purchase protection this summer, you can save on the cost of manufacturers- extended warranties and protect yourself against theft or damage to your purchases.
“When purchasing items for summer vacations or every day use, consider using a credit card that offers built-in warranty features and purchase protection,” said Nick Mastromarco, Director, BMO Bank of Montreal. “As long as card holders keep their account in good standing, there are many benefits to using a credit card to shop, including earning rewards on all your summer spending.”
For example, most items purchased using a BMO credit card are automatically insured against theft or damage for 90 days from the date of purchase and any original manufacturer-s warranty period is doubled – up to a maximum of one additional year.
BMO offers a number of products and services that can help Canadians get more out of every dollar they spend this summer. For more details on how to make the -BMOst of Summer,- drop by a BMO branch or visit .
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.
Contacts:
Media Contacts:
Jessica Park, Toronto
(416) 867-3996
Valerie Doucet, Montreal
(514) 877-8224
Laurie Grant, Vancouver
(604) 665-7596
Internet:
Twitter: @BMOmedia