Rewards
Base earn rate1 point per $1 spent everywhere else
ProgramBMO Rewards
Welcome bonusUp to $1,600 in value including up to 100,000 BMO Rewards Welcome Bonus Points, up to $200 NEXUS Statement Credit in first year, Mastercard Travel Pass and 4 Complimentary Lounge Passes, and no annual fee in the first year for Primary Cardholder and Authorized Users
Rewards typepoints
Fees & rates
Annual fee$150
Additional card$0
Purchase interest rate21.99%
Cash advance rate23.99%
Foreign transaction fee2.5% (typical)
Standout perks
✈️
Free membership in Mastercard Travel Pass provided by DragonPass
4 complimentary lounge passes per year
⭐
Complimentary Instacart+ membership
6 months free Instacart+ and $10 monthly Instacart credit
⭐
Digital features and security including card lock/unlock, financial insights, free Credit Coach access, transaction dispute and PIN reset through mobile app
Everyday features
📱 Apple Pay & Google Pay
🔒 Zero-liability fraud protection
📶 Tap to pay
🛒 Purchase security
✈️ Airport lounge access
Insurance coverage
🛡️
travel medical
up to $5 million per insured person, per trip
🛡️
common carrier accident
Included — see issuer for details.
🛡️
rental car
Included — see issuer for details.
🛡️
trip cancellation
Included — see issuer for details.
🛡️
flight delay
up to $500 per trip
🛡️
baggage loss
Included — see issuer for details.
Eligibility
Minimum personal income$15,000
Credit score guidanceGood (660+)
ResidencyCanadian resident