How do I change my address on BMO?

To change your address on BMO, you can follow these steps: Log in to your BMO online account: Access the BMO website and log in to your account using your username and password. Access your profile: Once logged in, access your profile by clicking on your name in the top right-hand corner of the page. Click on “Update information”: In your profile, click on the “Update information” button to access your personal information file. Click on “Address”: In your personal information file, click on the “Address” option to access your address details. Update your address: In the Address section, update your address by entering the new information. Make sure all information is correct before submitting the update. Save changes: Once you've updated your address, save the changes by clicking on the “Save” or “Update” button. It is important to note that if you have multiple accounts with BMO, you may need to update your address for each account. It is also important to ensure that all your personal information, such as your phone number and email address, is up to date to ensure prompt and efficient communication with BMO.

How do I contact BMO Mastercard?

To contact BMO Mastercard, you can follow these steps: Visit the BMO website: Access the BMO website at bmo.com. Find the customer service phone number: Look for the BMO Mastercard customer service phone number on the homepage or in the credit card section. Here is the number for BMO Mastercard: 1-800-361-6681 Call the phone number: Call the BMO Mastercard customer service phone number and follow the prompts to speak to a customer service representative. Provide your account details: For security reasons, the customer service representative may ask you to provide account details such as your name, credit card number or account number. Ask your questions or express your concerns: Ask questions or express concerns about your BMO Mastercard credit card and follow the instructions of the customer service representative to resolve any issues or process any requests. Please note that BMO Mastercard customer service hours may vary depending on your region. We recommend that you check the hours of operation before calling to ensure that you will be able to speak to a customer service representative.

How do I use BMO points?

You can use BMO points to redeem for rewards or benefits offered through the BMO Rewards program, such as flights, hotel stays, gift cards, cash back, brand-name products and much more. Here's how to redeem your BMO points: Log in to your BMO account: Go to the BMO website and log in to your BMO Rewards account using your username and password. Check your points balance: In your BMO Rewards account, check your points balance to see how many points you have available. Browse the rewards available: Browse the rewards in the BMO Rewards Store to find the benefits that interest you. You can sort the awards by category, by award point or alphabetically. Redeem your points: Once you have found a reward that interests you, redeem your points by clicking the "Redeem" button and follow the on-screen instructions to complete the redemption. Receive your reward: Once you have redeemed your points, you will receive your reward or benefit, which will be delivered to the address of your choice. It is important to note that available reward options and point costs may vary depending on your BMO Rewards account and region. It is recommended that you check your BMO Rewards account details for specific benefits and point costs.

How do I use BMO Mastercard cashback to pay my credit card balance?

Tutorials How do I use BMO Mastercard cashback to pay my credit card balance?

To the point Here is the step-by-step procedure for using your BMO Cash Back balance earned with a BMO Cash Back credit card.

BMO Cashback Mastercards are among the most popular in Canada for cashback. In this guide, we explain how to effectively use your BMO cash back to reduce your credit card balance, step by step.

BMO Cash Back Mastercard credit card

There are four BMO credit cards that offer cash back:

BMO Cashback and No Annual Fees

The BMO Cash Back Mastercard and the BMO Cash Back Mastercard for Students have no annual fees. The former requires a minimum personal income of $15,000, while the student ones do not require any minimum income.

With the welcome bonus, you get a 5% cashback for the first three months, subject to certain conditions.

Then, the accumulation rate is :

3% on grocery purchases
1% on recurring bill payments
0.5% on other purchases

The one used for this example is the BMO CashBack^® World Elite^®* Mastercard^®* whose characteristics are as follows:

BMO CashBack^® World Elite^®* Mastercard^®* How it works and benefits

BMO CashBack® World Elite®* Mastercard®* is one of Canada’s best cash back Mastercard credit cards.

Right now, for a limited time, you’ll get up to 10% cash back for the first 3 months, for a maximum return of $260 on $2,600 in purchases.

You’ll also receive an additional $75 bonus if you spend at least $25,000 in the first year.

Plus, there is no annual fee for the first year!

With BMO CashBack® World Elite®* Mastercard®*, you get between 2% and 5% cash back on many categories of purchases:

5% on grocery purchases (on the first $500 you spend monthly)
4% on transit (on the first $300 you spend monthly)
3% on gas and electric vehicle charging (on the first $300 you spend monthly)
2% on recurring bill payments (on the first $500 you spend monthly)

Everywhere else, you’ll earn 1% cash back, including at Costco.

Finally, it is one of the only credit cards in its category to offer an extended warranty of 2 additional years.

How to use BMO cash back to pay your credit card balance

Your cash back balance can be found on your monthly statement.

Then go to the BMO Cashback site to begin the intuitive and effortless process of redeeming your BMO Cashback.

The Bank of Montreal (BMO) offers you many ways to use your BMO Cashback. You can:

Redeem it for a credit and deposit it into your BMO Discount credit card account
Deposit it into your BMO bank account
Or deposit it in a BMO InvestorLine self-directed account

I’ve decided to use the cashback I earned last month to pay off part of my balance of BMO CashBack^® World Elite^®* Mastercard^®*.

Two options:

Click on Recurring amount to define a fixed automatic discount for each month.
Click on Single Amount if you want to do it yourself and determine a different amount at a different time

Use the slider to select the credit amount. The minimum BMO cashback amount is $1 and must be rounded to the nearest dollar.

Then click on Next.

Then confirm the e-mail address and click Next.

Review your BMO cashback redemption and the information on file. Read and accept the terms and conditions and then confirm your transaction.

Congratulations!

The BMO Cash Back redemption transaction is confirmed. Thanks to this, I’ll have $97 less to pay on my BMO credit card balance.

Also, a confirmation email will be sent within minutes.

On the next business day, the BMO Cash Back amount will appear on your BMO Cash Back credit card account.

For example, it appeared as follows in my BMO credit card account when I used my previous cash back:

There you go! It’s really easy to do.

BMO Mastercard Cash Back

Applying your BMO cash back to your credit card balance is a simple and effective way to maximize the value of your BMO Cash Back Mastercard.

Don’t forget to regularly check the amount of your accumulated cash back to make the most of it and don’t let it sit idle in your account!

Want to earn more cash back with BMO? Get one of these BMO banking packages with a welcome bonus!

Frequently asked questions about BMO Cash Back

What are BMO Mastercard cash back credit cards?

BMO Bank of Montreal Montreal offers several cashback credit cards:

How do I cancel a BMO Mastercard?

To cancel a BMO Mastercard credit card, you can take the following steps:

Contact Customer Service: Call BMO Customer Service or use the secure online messaging service to notify BMO of your card cancellation request.
Provide your account details: When you contact BMO Customer Service, provide your account details, including your name, credit card number and account number.
Confirm your identity: For security reasons, BMO may ask you to confirm your identity by providing personal information such as your date of birth and social security number.
Request cancellation of your card: Let your customer service representative know that you wish to cancel your BMO Mastercard credit card.
Destroy the card: It must be destroyed for security reasons when you receive confirmation of the card’s cancellation.

It is important to note that even if you cancel your card, you will still need to settle your outstanding balance.

Does the BMO Ascend World Elite Mastercard<sup>®</sup> credit card earn cashback?

No. It earns BMO Rewards points, which you can redeem for travel, gift cards, merchandise, to reduce your card balance, and to invest in your RRSP or TFSA.

Does BMO Mastercard cashback expire if I don't use it?

No. Cash back earned with your BMO CashBack Mastercard does not expire as long as your account remains active and in good standing.

This BMO cashback allows you to accumulate your cash back for as long as you wish, with no expiry date. However, in case of account closure or conversion to another BMO product, you might lose your unused cash back. I therefore recommend that you use them without delay.

How do I use my BMO points?

You can use BMO points to redeem rewards or benefits offered by the BMO Rewards program, such as flights, hotel stays, gift cards, cash back, merchandise, etc. Here are the steps to follow to use your BMO points:

Log in to your BMO account: Access the BMO website and log in to your BMO Rewards account using your username and password.
Check your points balance: In your BMO Rewards account, check your points balance to see how many points you have available.
Browse the rewards available: Browse the rewards in the BMO Rewards Store to find the benefits that interest you. You can sort the awards by category, by award point or alphabetically. You can also redeem your BMO Rewards points to cover travel expenses.
Redeem your points: Once you have found a reward you are interested in, redeem your points by clicking the “Redeem” button and follow the on-screen instructions to finalize the redemption.

Come to discuss that topic in our Facebook Group!

Caroline Tremblay

Caroline, a loyalty program specialist, helps families maximize their points to travel more frequently and affordably. With expertise in Disney, AIR MILES, and Costco, she travels the world with her partner and two children through rewards. Passionate about the latest in loyalty programs, Caroline shares tips to help you earn more points and turn your travel dreams into reality.

All posts by Caroline Tremblay