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BMO CashBack Mastercard

No annual fee Cash BackNo Annual Fee
3.2
★★★☆☆

Solid value

CardPick score · from real fees, rewards & perks
You'll finish your application securely on BMO's own website.
Welcome value
est. first-year value
Annual fee
$0
no yearly cost
Purchase interest
21.99%
on carried balances
Rewards type
cashback
BMO CashBack
🛒
3% value on groceries
Your top earn category
No annual fee
$0 to keep the card

Rewards

Base earn rate0.5% cash back on all other purchases
ProgramBMO CashBack
Welcome bonusGet up to 5% cash back in your first 3 months and a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee.
Rewards typecashback

Fees & rates

Annual fee$0
Purchase interest rate21.99%
Cash advance rate23.99%
Foreign transaction fee2.5% (typical)

Standout perks

Complimentary Instacart+ for three months and a $5 monthly Instacart credit when you enroll your eligible BMO Credit Card
$5/month credit for 3 months

Everyday features

📱 Apple Pay & Google Pay
🔒 Zero-liability fraud protection
📶 Tap to pay
🛒 Purchase security

Eligibility

Minimum personal income$15,000
Credit score guidanceGood (660+)
ResidencyCanadian resident