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The Bank of Montreal (BMO) offers 5 credit cards within the BMO Rewards program.
By applying for our offer for the BMO eclipse Visa Infinite* Card, you can obtain up to 70,000 BMO Rewards points as well as the first-year annual fee waiver of $120:
What’s more, you’ll receive a $50 anniversary credit that you can use as you please. You also receive a $20 monthly credit for streaming service subscriptions for the first year.
With the BMO eclipse Visa Infinite* Card, you can earn 5 BMO Rewards points per dollar spent on:
And 1 BMO Rewards point per dollar spent everywhere else. Plus, if you add an authorized user to your account, you’ll earn 10% more points.
You can use BMO Rewards points for all travel purchases made through the agency or website of your choice (plane tickets, hotels, rental cars, all-inclusive packages, Airbnb, etc.) or for rewards and gift cards on the BMO Rewards platform.
Finally, enjoy six months of Instacart+ membership and a monthly $10 Instacart credit when you sign up with your eligible BMO credit card.
The BMO eclipse Visa Infinite Privilege* Card is a premium metal card! By applying for this card, you can earn up to 200,000 BMO Rewards points:
Additionally, you benefit from a 0% welcome interest rate on balance transfers for 12 months, as well as a 2% balance transfer fee.
Plus, you’ll receivea $200 anniversary credit to use as you wish!
As well as a membership to the Visa Airport Companion program with six complimentary visits per year to airport lounges.
With this Card, you can earn 5 BMO Rewards points per dollar spent on:
And 1 BMO Rewards point per dollar spent everywhere else.
The new BMO eclipse rise Visa* Card is a no-annual-fee credit card with travel points, requiring no minimum income.
With this offer, you can earn up to 25,000 points as a welcome bonus:
What’s more, you can benefit from an interest rate of 0.99% on balance transfers for nine months (a 2% balance transfer fee applies).
With the new BMO eclipse rise Visa* Card, you earn :
The new BMO eclipse rise Visa* Card also offers:
Finally, enjoy three months of Instacart+ membership and a $5 monthly Instacart credit when you sign up with your eligible BMO credit card.
The BMO Ascend World Elite Mastercard is one of the best World Elite Mastercard credit cards with travel points in Canada. With our exclusive welcome offer, you can get up to 115,000 points:
115,000 BMO Rewards points have a value of approximately $770, which you can apply to any travel charged to your card.
And there are no annual fees for the first year for the primary cardholder and additional cardholders! This exclusive offer ends on March 31, 2026.
Plus, enjoy a 0% welcome interest rate on balance transfers for 12 months, as well as a 2% balance transfer fee.
With the BMO Ascend World Elite Mastercard, a premium credit card from BMO, you get:
And 1 point for every $1 spent everywhere else, including at Costco. You can use BMO Rewards points for all travel purchases made through the agency or website of your choice (plane tickets, hotels, rental cars, all-inclusive packages, Airbnb, etc.) or for rewards and gift cards on the BMO Rewards platform.
The BMO Ascend World Elite Mastercard also offers:
The BMO Ascend World Elite Business Mastercard is one of the best travel points-based Business Mastercard® credit cards in Canada. You can earn up to 100,000 points as a welcome bonus:
Plus, there’s no annual fee for the first year! And you get 2 free annual visits to DragonPass airport lounges.
You can also benefit from a welcome interest rate of 0% on balance transfers for nine months (a 3% transfer fee applies).
With the BMO Ascend World Elite®* Business Mastercard, you earn 4 points for every dollar spent on:
And 1.5 points for every dollar you spend, including at Costco or for significant purchases at home improvement stores.
You can use BMO Rewards points for all travel purchases made through theagency or website of your choice (airline tickets, hotels, car rentals, all-inclusives, Airbnb, etc.) or for rewards and gift cards on the BMO Rewards platform.
You can also combine the points you earn with the other two BMO Rewards cards to save even more on your travels.
With the BMO Rewards® World Elite®* Business Mastercard® for Business, you benefit from various travel protections:
And for your purchases :
Both BMO Mastercard credit cards are accepted for all your purchases at Costco: you can therefore earn BMO Rewards points!
Le gros avantage des points BMO Récompenses: aucune date d’interdiction & aucune restriction.
Vous pouvez donc vous-même réserver vos voyages via vos points BMO Récompenses.
Unlike a loyalty program such as Aeroplan or AIR MILES, you are not limited to restricted seat availability on a flight or room quotas.
BMO Rewards points can be used for different types of travel booked with your BMO credit card through the travel agency or website of your choice:
To use your BMO Rewards points, you will need to go to the BMO Rewards platform.
In all these cases, the value of your BMO Rewards points will be 15,000 points = $100 (or 0.67¢/point). And this is the highest value you can get from them!
Note that if you decide to cancel your car rental, BMO will issue a statement credit to your credit card account (rather than refunding the points). A great way to convert your BMO points… into cash!
If you can’t find what you’re looking for on the online portal, you can call BMO Rewards.
But you can also take advantage of the price guarantee!
Several rules are governing this price guarantee. BMO will match the price for most Canadian travel providers:
After travel, the second-best BMO Rewards points redemption is through a BMO investment account. Not yet a BMO banking customer? Get a welcome offer with one of these BMO Banking Packages.
Here, 15,000 points = $100 (or 0.67¢/point).
However, we strongly advise against using your points as a statement credit: the rate is far from advantageous: 15,000 points = $50 (or 0.33¢/point).
Another option for using BMO Rewards points is for purchasing gift cards.
Here, BMO Rewards points value is variable:
On average, here 10,000 points = $54 (or $0.54/point).
Like any loyalty program, BMO Rewards has its merchandise store.
But, as we say in travel hacking:
You don’t buy a toaster with your points!
… here we compared a product, the Breville “Smart Oven Air” sold for 90,000 BMO Rewards points.
This same oven costs $599 + taxes on Best Buy / Amazon, or $688.70 in Quebec. This makes a valuation of 10,000 points = $76.52 (or 0.765 ¢).
Surprisingly, you find more value in buying this item than through travel! The exception confirming the rule?
After several valuation attempts, we found that the value varies greatly from one product to another (between 0.30¢ and 0.80¢!).
It will be up to you to test for your desired products!
Finally, you can use your BMO Rewards points for experiences!
This option applies to only a few cities in Canada. When writing this post, the only one in Quebec is in Mont-Tremblant.
64,500 BMO Rewards points for a getaway for two at Le Grand Lodge Mont-Tremblant resort:
Compared to rates found on the web, this values 10,000 points = $62 (or 0.62¢/point).
In summary, here is a table of your different options:
As you can see, the valuation of your BMO Rewards points can vary greatly.
One thing’s for sure: don’t use them for Statement credit – it’s the worst possible use!
If you don’t travel, you may prefer to put these points in an investment account, or exchange them for experiences or even merchandise/gift cards!
BMO Rewards is the travel points loyalty program of the Bank of Montreal (BMO). The points earned are called BMO Rewards points. These BMO Rewards points can be redeemed for various rewards: travel, products, or gift cards via the BMO Rewards portal.
Five credit cards are part of the BMO Rewards program, including one business credit card.
According to offers, each one gives you some welcome bonus points. You’ll earn points depending on your purchases charged to the credit card. Selon votre profil d’acheteur, certaines cartes seront plus adaptées que d’autres.
For example, the BMO eclipse Visa Infinite* Card offers 5 points per dollar spent on:
Finally, since the other BMO Rewards credit cards are Mastercards, they are ideal for use at Costco. Take the time to read through the benefits of each card to match your needs.
Each BMO Rewards point is worth approximately 0.7 cents. So if you have 50,000 points, it’s a $350 value.
BMO Rewards points can be redeemed in 5 different ways for:
However, the best use is for travel. Here is the approximate value of 10,000 points BMO Rewards depending on how they are used:
BMO Rewards points cannot be transferred to another program.
As long as a BMO Rewards credit card is open, the points are valid. After the account is closed, you have 90 days to use them.
BMO has a best price guarantee for most Canadian travel suppliers: Vacation Packages: Sunquest Vacations, ALBATours, Transat Holidays, Nolitours, Signature Vacations, Air Canada Vacations, Sunwing Vacations, and WestJet Vacations. And airline tickets: Air Canada or WestJet.
Some BMO Rewards credit cards are free, others offer to waive the membership fee for the first year, and still others have annual fees starting from the first year.
Additionally, there are minimum annual income requirements to apply for certain cards (BMO Ascend World Elite Mastercard), while others are available to everyone, such as the BMO Rewards Mastercard.
With certain BMO Rewards credit cards, you get excellent insurance for your travel or purchases, as well as extended warranties depending on the credit card chosen. Il est aussi possible d’obtenir des accès gratuits aux salons VIP d’aéroports.
As with most Canadian credit cards, Milesopedia has affiliate links with the Bank of Montreal (BMO). You can filter your search in the credit card comparator, or visit the page dedicated to BMO credit cards.
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