BMO CashBack® Mastercard®* for students

BMO CashBack® Mastercard®* for students

The Best BMO No-Fee Cash Back Credit Card for Students. Earn 3% cash back on grocery purchases.

Take advantage of this limited-time welcome offer!

Welcome Bonus

5 % cash back



Best For

Annual Fee


Purchase Rates

19.99 %

Cash Advance Rates

22.99 %

Balance Transfer Rates

22.99 %


  • The best cash back credit card for students
  • 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
    • 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 cash back every time you spend, plus start building a healthy credit history
  • Receive a discount on car rentals*
  • Get a 1.99% introductory interest rate on Balance Transfers for 9 months*, 1% fee applies to balance amounts transferred*

Fees & Conditions

Personal Income $0
Household Income $0
Annual Fee $0
First Additional Card $0
Foreign Transaction Fee 2.5%
Purchase Rates 19.99%
Cash Advance Rates 22.99%
Balance Transfer Rates 22.99%
Cash Advance Rate (QC) 21.99%
Balance Transfer - Promotional Rate 1.99%


Welcome Bonus 5 % cash back
Minimum Spending Required $1,000
Rewards Type Cash Back
Transfer Partners Cashback
Loyalty Program Cashback
All Spending 0.5
Groceries 3
Online transactions 0.5
AIR MILES partners 0.5
Air Canada 0.5
Streaming services 0.5
Recurring Payments 1



We estimate the value of the welcome offer during the first year for all the credit card offers. Are taken into consideration:

  • The value of cash back or points earned
  • The value of the benefits or credits earned with the Card
  • The annual fee value (offered or not)
Calculation of the offer value
in the first year
Value per point 1.0 ¢
Welcome bonus about $100
Annual fee $0
Value about $100


Purchase Protection
Purchase Protection - Duration 90 day(s)
Extended Warranty
Extended Warranty - Duration 1 year(s)