BMO Cashback Mastercard: Get Great Cashback on Groceries Nationwide in Canada!

The BMO Cashback Mastercard provides fantastic cashback on groceries across Canada, alongside a generous 5% cashback for the initial three months.

This card is designed to yield cash rewards on your everyday purchases—discover how to apply.

SEE HOW TO APPLY

Looking for More?

BMO is a prominent North American bank situated in Chicago, serving clients across the continent, including Canada.

Ranked as the eighth-largest bank in North America, BMO operates in both regions, offering a diverse range of banking services, including credit cards.

The BMO Cashback Mastercard gives you 3% cashback on groceries, 1% for recurring bills like subscriptions and utilities, and 0.5% on everything else, ensuring rewards for every dollar spent.

You can enjoy rewards that never expire, with redemption options starting at just $1.

Your cashback can be deposited straight into your BMO checking or savings account, applied as a statement credit, or accessed through an InvestorLine account.

BMO also provides a cashback calculator to help you estimate your yearly earnings.

During the first three months with the BMO credit card, you can earn 5% cashback if all criteria are satisfied. This tool gives you a comprehensive view of your potential earnings.

The BMO card provides an initial credit limit tailored to your needs, with potential for increases as you use it more frequently.

Instead of a cash welcome offer, new users enjoy 5% cashback during the first three months of using the credit card.

There are no annual fees associated with the card, and the interest rates stand at 20.99% for purchases and 22.99% for cash advances.

To be eligible for the BMO Mastercard, applicants should generally have a good credit score, typically ranging from 600 to 770.

You can easily apply for the credit card through the bank’s customer service channels.

This card also comes with a variety of benefits, including extended warranties, purchase protection, discounts of up to 20% with National Car Rental, Cirque du Soleil tickets, and up to 7% off reservations through Booking.com.

BMO offers robust security features such as financial monitoring and free 24/7 access to CreditView, allowing you to check your credit score and view purchase details.

To ensure maximum security, the Mastercard offers zero liability coverage and transaction notifications to verify your purchases.

The BMO PaySmart installment option helps you effectively manage your credit card expenses.
In general, the BMO card is quite flexible, especially since it has no annual fees, making it a fantastic choice for starting your credit journey.