Here are the welcome offer and my introduction to the new BMO eclipse Visa Infinite Privilege* Card.
The new BMO eclipse Visa Infinite Privilege* Card is a high-end metal card.
By applying for this card, you can get up to 50,000 BMO Rewards points:
- 35,000 points after you spend a minimum of $5,000 within the first three months
- 15,000 points twelve months after the Credit Card account open date
You will also receive a $200 statement credit each calendar year to spend however you want.
As well as a Priority Pass membership with 6 airport lounge visits per year.
Would you like a Visa credit card earning 5 points per dollar at many stores for a lower annual fee? Check out this offer for the BMO eclipse Visa Infinite Card!
$200 Annual Lifestyle Credit
Besides, this new BMO eclipse Visa Infinite Privilege* Card comes with a $200 lifestyle annual credit with a calendar year cycle.
If you apply for this card in February 2021, you could receive the $200 annual credit for 2021 and earn a new $200 annual credit in January 2022! That’s $400 you can use however you want!
It’s nearly paying for the $499 first-year annual fee. This card also comes with 6 airport lounge visits per year—about a $200 value per year, in our opinion.
With this card, you can earn 5 BMO Rewards points for every $1 in purchases:
- Food delivery
And 1 BMO Rewards point for every $1 spent on everything else.
The new BMO eclipse Visa Infinite Privilege* Card is clearly designed for customers enjoying luxurious vacations and exclusive events.
Note that unlike the New BMO eclipse Visa Infinite* Card, with the Visa Infinite Privilege version, you can earn 5x the points for every $1 spent on travel and drugstore purchases (in place of the transit category).
Grocery, gas, food delivery and dining purchases are kept at 5x the points for every $1 spent. That’s a lot of 5x categories!
If you use your points for travel redemptions, it’s a 3.5% return on those purchases! It’s very unusual for a credit card to offer more than 3% for travel or even drugstore purchases!
25% more points with supplemental cardholders
If you add an authorized user to your account, you will earn 25% more points.
So you will earn 6.25 points per dollar in the bonus categories (groceries, gas, drugstores, travel, restaurants, bars, food delivery). That’s a 4.46% return if you use your points for travel purchases made with BMO Rewards.
The additional card fee is $99. Therefore, to break even, you’ll need to spend at least $11,000 per year. And if you spend more, you’ll get more value! And if you spend more, you’ll get more value!
You can use your BMO Rewards points in many ways:
- Pay with your points option for any purchase
- Products or gift cards
Let’s analyze the two most common uses of BMO Rewards points.
Redeem your BMO Rewards Points for travel
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:
- hotel nights
- Car rentals
- Vacation packages
Prices are the same as other travel agencies.
Redeeming BMO Rewards points for travel is the best possible use of your points: 140 points = $1. So 50,000 points have a $357 value.
For example, if you spend $3,000 per month in the 5x categories with the new BMO eclipse Visa Infinite Privilege* Card (groceries, drugstore, restaurants and bars, food delivery, gas, travel), you’ll earn 15,000 points per month, or $108 for travel.
Over a year, you can earn almost $1,300 that way! Enough to pay for a flight or several hotel nights!
And 25% more if you add an authorized user to your account.
Redeem BMO Rewards points for all purchases
You can also redeem your BMO Rewards points for any purchase charged to your card for as little as $1!
Here, 200 points = $1. So 40,000 points have a $200 value.
Regarding insurance, the New BMO eclipse Visa Infinite Privilege* Card includes:
- Travel Emergency Medical Insurance
- Trip Cancellation/Interruption insurance
- Flight delay insurance
- Delayed and Lost Baggage Insurance
- Rental Car Collision Loss/Damage Insurance
- Hotel/Motel Burglary Insurance
- Travel Accident Insurance
- Mobile device insurance
- Purchase security insurance (120 days)
- Extended warranty (up to 2 additional years)
Visa Infinite Benefits
With the new BMO eclipse Visa Infinite Privilege* Card, you can enjoy a variety of benefits reserved for Visa Infinite Privilege cardholders:
- Visa Infinite Concierge
- Visa Infinite Dining Series
- Entertainment Access
- Troon Golf Benefit
And without forgetting other Visa Infinite Privilege benefits such as priority security lane, airport parking and valet service discounts at select Canadian airports, unique dining and wine events, VIP perks in luxury hotels and more.
6 annual visits to Priority Pass VIP lounges
With the new BMO eclipse Visa Infinite Privilege Card*, you get 6 annual visits to Priority Pass VIP lounges and restaurants.
In Montreal, for example, you can access the National Bank Lounge, or eat at one of the Priority Pass restaurants.
In Quebec City, at the VIP lounge at the Jean-Lesage International Airport in Quebec City (YQB), in Calgary at the WestJet Elevation Lounge, or in one of the many Plaza Premium lounges elsewhere in Canada.
The BMO eclipse Visa Infinite Privilege* card was launched when travel stopped, and everyday expenses such as groceries or food delivery took precedence over other types of spending.
So, earning 5 points per dollar on this type of purchase with a Visa card (accepted almost everywhere) is exciting for an effective 3.5% return.
And thanks to an annual statement credit you can use however you want (and not just travel like other credit cards), it’s a way for BMO to “virtually” lower the annual fee for loyal customers.
During the second year, the annual fee is equal to $299 for the BMO eclipse Visa Infinite Privilege* card (after the $200 annual credit) That way, you can enjoy Visa Infinite Privilege Benefits at a lower cost! That way, you can enjoy Visa Infinite Privilege Benefits at a lower cost!
To apply for the new BMO eclipse Visa Infinite Privilege* Card, you must have a minimum $150,000 (individual) or $200,000 (household) annual income.