TORONTO, ONTARIO--(Marketwired - Jul 15, 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: Carry a trio of payment options when you travel this summer.
If you're planning to travel outside Canada this summer, carry a combination of three payment options:
- Cash in local currency;
- a widely recognized and accepted credit card that offers some form of purchase protection; and
- a debit card that gives you access to your Canadian bank account from local ATMs and Point of Sale terminals.
"Accessing your funds should be as worry-free as possible during a cross-border or overseas trip," said Nick Mastromarco, Director, BMO Bank of Montreal. "Taking a trio of payment options will provide you with the highest degree of convenience, security and payment flexibility."
BMO offers a number of products and services that can help Canadians get the "BMOst" out of this summer. BMO is offering 500 bonus AIR MILES reward miles with its no-fee BMO AIR MILES credit card until August 31st; for more details, drop by a BMO branch or visit bmo.com.
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.