Offer
- Welcome offer: Get 5% cash back in your first 3 months*
- Then get 3% cash back on grocery purchases, 1% cash back on recurring bill payments and 0.5% unlimited cash back on all other purchases!*
- Now earn the highest cash back on groceries in Canada without paying an annual fee!†
- Get a 0.99% introductory interest rate on Balance Transfers for 9 months, 2% fee applies to balance amounts transferred*
- No annual fee*.
- FREE additional cards
- Extended Warranty*
- Purchase Protection*
Fees & Conditions
Value
Advantages
Earnings
Per dollar of purchases
Insurance
Travel Insurance
There may be a daily maximum amount depending on the type of fees paid
Other Insurance
Our review
The BMO CashBack Mastercard is a no-annual-fee, cash-back credit card. With the BMO CashBack Mastercard, you can earn 5% cash back for the first three months. It’s a maximum welcome bonus of $100.
Then you get:
- 3% cash back on grocery purchases, including at Walmart Supercenters
- 1% cash back on recurring bill payments
Finally, you can also get a 0.99% introductory rate on balance transfers for nine months.
Frequently Asked Questions
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What is the BMO CashBack Mastercard welcome offer?
5% cash back for the first three months.
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What are the cash back earning rates after the first three months?
3% on grocery purchases, 1% on recurring bill payments and 0.5% on other purchases.
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Is the grocery cash back earning rate the highest in Canada?
Yes, it’s the highest earning rate for a no annual fee card.
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What is the interest rate for balance transfers?
A welcome interest rate of 0.99% for nine months, with a 2% fee on the transfer amount.
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Is there an annual fee for this card?
No, the BMO CashBack Mastercard has no annual fee.
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Can I get extra cards for free?
Yes, additional cards are available free of charge.
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What insurance coverages are included with the card?
Extended warranty and purchase insurance included.
Alternative Cards
Legal
*Terms and conditions apply
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