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

BMO: Annual Lifestyle Credit

BMO offers an annual credit called “lifestyle”:

• $50 with the BMO eclipse Visa Infinite* Card
• $200 with the BMO eclipse Visa Infinite Privilege* Card.

Unlike other cards that require you to use this type of credit for travel, with BMO you can use it however you like.

So, to get this credit posted to your account, all you need to do is make a purchase of more than $50 on your BMO eclipse Visa Infinite* Card or more than $200 on 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.

And this, every year you hold the card.

Lower annual fees thanks to the credit

BMO Eclipse credit cards have an annual fee:

• $120 with the BMO eclipse Visa Infinite* Card ($0 the first year)
• $499 with the BMO eclipse Visa Infinite Privilege* Card.

So, thanks to the lifestyle credit, this annual fee is virtually reduced by $50 to $200. Which means the card’s net annual cost is:

• $70 with the BMO eclipse Visa Infinite* Card ($0 the first year)
• $299 with the BMO eclipse Visa Infinite Privilege* Card.

So, these are the least expensive Visa Infinite and Visa Infinite Privilege credit cards in Canada.

Welcome Offers

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

BMO eclipse Visa Infinite* Card

Exclusive offer: the BMO eclipse Visa Infinite Card is one of the best Visa Infinite rewards credit cards in Canada. With our exclusive offer, you can earn up to 80,000 BMO Rewards points, for a total value of up to $1,200.

The welcome offer also includes a monthly statement credit for streaming services, an annual $50 lifestyle credit and no annual fee in the first year (a $120 value).

With the BMO eclipse Visa Infinite Card, you also get:

• 5x BMO Rewards points for every dollar spent on groceries, takeout and food delivery, rideshare, public transit and gas*
• 1 BMO Rewards point for every dollar spent on all other purchases*
• 10% more points when you add an authorized user to your account*
• Mobile device insurance with coverage of up to $1,000*
• The Pay with Points feature, which lets you redeem your points on recent purchases starting at $1*
• Six months of Instacart+ membership plus a $10 monthly Instacart credit with an eligible card*

BMO eclipse Visa Infinite Privilege* Card

The BMO eclipse Visa Infinite Privilege* Card is a premium metal card! When you sign up for this card, you can earn up to 200,000 BMO Rewards points:

• 80,000 points after $6,000 in purchases within the first 110 days of account opening
• 40,000 points after $40,000 in purchases within the first 180 days of account opening
• 80,000 points after $75,000 in purchases within the first 365 days of account opening

You also get a 0% introductory interest rate on balance transfers for 12 months, with a 2% balance transfer fee.

Plus, you’ll get a $200 anniversary credit that you can use however you like!

As well as a Visa Airport Companion Program membership with six free visits per year to airport lounges.

With this Card, you can earn 5 BMO Rewards points per dollar spent on:

• groceries
• gas
• drugstores
• travel
• restaurants and bars
• food delivery

And 1 BMO Rewards point per dollar spent on everything else.

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

Finally, enjoy six months of Instacart+ membership and a $10 monthly Instacart credit when you sign up with your eligible BMO credit card.

Conclusion

Right now, we have an exclusive welcome offer for Milesopedia readers for the BMO eclipse Visa Infinite* Card:

• Up to 80,000 points as a welcome bonus
• No annual fee for the first year

In your calculations, don’t forget to add this $50 or $200 annual BMO credit!