BMO Eclipse: How to get the $50 or $200 credit?

Updated Jun 6, 2024
Fact checked by
Alexandrine Bertrand
Alexandrine Bertrand

Alexandrine Bertrand

Alexandrine Bertrand
A passionate solo traveler, Alexandrine is an expert on loyalty programs such as Aeroplan, Avios, AIR MILES, Flying Blue and Marriott Bonvoy. With a budget-conscious approach, she helps travelers maximize their points and miles for low-cost, off-the-beaten-path getaways. A food lover, she enjoys discovering the local flavors and culinary traditions that enrich her adventures.
All posts by Alexandrine Bertrand
Bmo Featured Eclipse 1
To the point BMO Eclipse credit cards offer a lifestyle credit from $50 to $200. Here's how to get it every year!

BMO Eclipse credit cards were recently launched in Canada. Each of these card offers an annual credit called “lifestyle credit”. Find out everything you need to know about this credit below.

Welcome offers

Here are the current welcome offers for each of the two cards.

BMO eclipse Visa Infinite* Card

When you sign up for our exclusive offer on the BMO eclipse Visa Infinite* Card, you can earn up to 70,000 BMO Rewards points as well as a $120 annual fee waiver for the first year:

  • 40,000 points after $3,000 in purchases in the first three months
  • 2,500 points each month after $2,000 in purchases, from month 4 to month 15 (for a total of 30,000 points)

What’s more, you’ll receive a $50 anniversary credit to use as you wish!

With the BMO eclipse Visa Infinite* Card, you can earn 5 BMO Rewards points per dollar spent on:

  • Groceries
  • Dining
  • Food delivery
  • Gas
  • Transit

And 1 BMO Rewards point for every $1 spent on everything 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 (flights, hotels, car rentals, all-inclusive resorts, Airbnb, etc.) or for rewards and gift cards on the BMO Rewards platform.

BMO eclipse Visa Infinite Privilege* Card

The BMO eclipse Visa Infinite Privilege* Card is a premium metal card! With this card, you can earn up to 120,000 BMO Rewards points:

  • 50,000 points when you spend $6,000 in the first 3 months
  • 30,000 points after $30,000 in card purchases in the first six months
  • 40,000 points at annual card renewal if you have made $75,000 in card purchases in the first 12 months

Plus, you’ll receivea $200 anniversary credit to use as you wish!

As well as a Visa Airport Companion membership with 6 complimentary airport lounge visits per year.

With this Card, you earn 5 BMO Rewards points per dollar of purchases for:

  • Groceries
  • Gas
  • Drugstores
  • travel purchases
  • Dining
  • Food delivery

And 1 BMO Rewards point for every $1 spent on everything else.

You can use BMO Rewards points for all travel purchases made through the agency or website of your choice (flights, hotels, car rentals, all-inclusive resorts, Airbnb, etc.) or for rewards and gift cards on the BMO Rewards platform.

BMO: Annual Lifestyle Credit

Update: From 2024-2025, this lifestyle credit will be based on the calendar year, rather than the year in which the card is held. You won’t be able to have it “twice”. We leave this article as an archive.

 

BMO offers an annual credit called “lifestyle”:

Unlike other card that require you to use this type of credit for travel, with BMO you can use it as you wish.

To obtain this account credit, simply charge a purchase over $50 to your BMO eclipse Visa Infinite* Card or over $200 to your BMO eclipse Visa Infinite Privilege* Card.

You will see your Lifestyle Credit on your BMO credit card account on the statement following your expense over $50 or $200.

bmo lifestyle credit

This is done every calendar year. In fact, the clock resets on January 1st of each year.

So, in your first year as a BMO eclipse Visa Infinite* Card or BMO eclipse Visa Infinite Privilege* Card holder, you could get this credit twice!

For example, if you sign up for the BMO eclipse Visa Infinite* Card in July, you’ll earn your $50 credit by making any purchase of $50 or more between now and December 31. And you’ll be able to get a $50 credit again when you make any purchase of $50 or more after January 1!

Lower annual fees with credit

BMO Eclipse credit cards have an annual fee:

With the Lifestyle Credit, this contribution is virtually reduced from $50 to $200. This makes the net annual cost of the card:

This makes them the lowest cost Visa Infinite and Visa Infinite Privilege credit card in Canada.

Bottom Line

We currently have an exclusive welcome offer for Milesopedia readers for the BMO eclipse Visa Infinite* Card:

  • Up to 70,000 welcome bonus points
  • No annual fee for the first year

In your calculations, don’t forget to add this annual credit: in the first year, you could get it twice, a total value of $100!

Come to discuss that topic in our Facebook Group!
Jean-Maximilien Voisine

Jean-Maximilien Voisine

Jean-Maximilien Voisine
Jean-Maximilien, President and Founder of Milesopedia, is a recognized expert in rewards programs, credit cards, and travel in Canada and France. Approaching forty and a father of two, he has travelled to over 100 countries, half of them with his children and his wife, Audrey. Specializing in top loyalty programs like Aeroplan, American Express Membership Rewards, and Marriott Bonvoy, he guides travellers to maximize their benefits across North America and Europe.
All posts by Jean-Maximilien Voisine

Suggested Reading

Receive our newsletter every week!

Savings are here:

Milesopedia