BMO CashBack® Mastercard®*

BMO CashBack® Mastercard®*

BMO's best no annual fee cash back credit card. Earn 3% cash back on grocery purchases.

Take advantage of this limited-time welcome offer!

Value

$100

Welcome Bonus

5 % cash back

Best For

Annual Fee

$0


Offer

Offer
  • Welcome offer: Get 5% cash back in your first 3 months¹
  • 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!²abcd
  • Now earn the highest cash back on groceries in Canada without paying an annual fee!†
  • Get a 1.99% introductory interest rate on Balance Transfers for 9 months, 1% fee applies to balance amounts transferred⁶
  • No annual fee³.
  • FREE additional cards
  • Extended Warranty⁵
  • Purchasing Protection⁵

Fees & Conditions

Personal Income $15000
Foreign Transaction Fee 2.5%
Purchase Rates 19.99%
Cash Advance Rates 22.99%
Cash Advance Rate (QC) 21.99%
Balance Transfer Rates 19.99%
Balance Transfer
Balance Transfer Intro Duration 9
Balance Transfer - Promotional Rate 1.99%

Advantages

Welcome Bonus 5 % cash back
Minimum Spending Required $1000
Minimum Spending Timeframe 90 day(s)
Rewards Type Cash Back
Transfer Partners Cashback
Loyalty Program Cashback
All Spending 0.5
Groceries 3
Recurring Payments 1
Costco

Value

Value

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

Insurance

Purchase Protection - Amount $60000
Purchase Protection - Duration 90 day(s)
Extended Warranty
Extended Warranty - Duration 1 year(s)
Insurance Document Learn More
3.5 Milesopedia Rating