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Exclusive offer: Get up to $1,200 in value, including up to 80,000 BMO Rewards points, a monthly statement credit for streaming services, an annual $50 credit, and a waiver of the annual fee for the first year.
The BMO eclipse Visa Infinite* Card has no annual fee for the first year. Plus, you’ll receive a $50 annual credit after your first year as a cardholder.
With the BMO eclipse Visa Infinite* Card, you can earn 5 BMO Rewards points per dollar spent on:
And 1 BMO Rewards point per dollar spent everywhere else.
Here are some examples of purchases on my BMO eclipse Visa Infinite* Card:
As you can see, in terms of point accumulation, the new BMO eclipse Visa Infinite* Card particularly focuses on everyday purchases: groceries, gas, local transportation, restaurants, bars, and even home food delivery.
All 5x categories (with a Visa credit card accepted almost anywhere)!
My home food delivery purchases (GoodFood), takeout restaurant (McDonald’s), or bakery purchases allowed me to earn 5 points per dollar.
If you use your points for travel, this means a return of 3.33% on these purchases (or 2.5% when paying for any purchase with your points).
For all other expenses, it will be 1 point per dollar.
I tested it on Costco.ca (which accepts Mastercard and Visa credit cards): the purchase only earned 1 point per dollar.
If you add an authorized user to your account, you will earn
If you add an authorized user to your account, you will earn 10% more points.
This means you’ll earn 5.5 points per dollar in bonus categories (groceries, gas, local transport, restaurants, bars, home food delivery). That’s a return of 3.66% if you use your points for travel purchases through BMO Rewards.
The additional card fee is $50. Therefore, you will need to spend at least $14,000 per year to justify adding the additional card. And if you spend more, you’ll get more value!
You can use your BMO Rewards points in many ways:
Let’s analyze the two most common uses of BMO Rewards points.
To redeem your BMO Rewards points, you’ll need to use the BMO Rewards website. You can redeem BMO Rewards points for different types of trips:
The fare is similar to what you might find with other online travel agencies.Using BMO Rewards points for travel is the best possible use of your points: 150 points = $1. Thus, 80,000 points have a value of $533.
Savings this way:
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