BMO Cashback MasterCard Credit Card Review

Free from the burden of annual fees, this card promises a seamless and fulfilling journey, where every transaction fills your pockets with cashback rewards.

Step into a world of convenience and savings with the BMO Cashback MasterCard Credit Card! This card is your ticket to earning cash back on every purchase, whether you’re stocking up on groceries, indulging in a delicious meal, or treating yourself to an online shopping spree. Picture the thrill of watching your cash back balance grow effortlessly as you go about your daily routine.

What sets the BMO Cashback MasterCard Credit Card apart is its simplicity and flexibility. It’s crafted for individuals who crave maximum savings without the hassle of complicated points or bonus categories. Whether you’re a savvy shopper, a culinary connoisseur, or an avid online shopper, this card is tailor-made to elevate your everyday spending with valuable cash back rewards.

CREDIT CARD

BMO Cashback MasterCard

3% cash back $0 annual fee

Learn how to apply and other card advantages:

APPLY NOW You will be redirected

Earning Rewards

Unlocking rewards with the BMO CashBack Mastercard is like tailoring a suit to fit your unique style. This card showers you with generous cash back rates on specific categories, ensuring every swipe earns you a little something special:

• 3% cash back on groceries, up to $500 per month, making your weekly grocery runs even more rewarding.
• 1% cash back on recurring bill payments, up to $500 per month, transforming mundane expenses like utilities and subscriptions into opportunities for cash back rewards.
• 0.5% for all other purchases, from dining to shopping sprees and beyond, letting you pad your rewards stash with every transaction.

This ingenious rewards structure lets you wring every drop of value from your most frequent spending categories, making the BMO CashBack Mastercard the savvy choice for anyone keen on turning everyday purchases into exciting rewards.

Redeeming Rewards:

With the BMO CashBack Mastercard, redeeming your rewards is as flexible and customizable as crafting your dream vacation itinerary. Here’s how you can turn your hard-earned cash back into tangible rewards:

• Deposit into BMO Chequing Account.
• Deposit into Investorline Account.
• Statement Credit

Whether you prefer a steady stream of rewards each month, an annual windfall, or hitting a certain reward threshold before cashing in, the choice is yours with flexible redemption options tailored to your preferences.

BMO Cashback MasterCard Benefits

Zero annual fee, maximum rewards

With the BMO Cashback MasterCard Credit Card, enjoy the perks of cashback rewards without worrying about an annual fee weighing you down. This card is your ticket to earning cash back on your everyday purchases, allowing you to save without any additional cost. Ideal for those who value simplicity and value in their credit card, it’s the perfect tool to maximize savings on your spending with no annual fee to fret about.

Rev up your savings at Shell

Holders of the BMO Cashback MasterCard Credit Card can unlock exclusive savings at Shell gas stations, with potential savings of up to 7 cents per litre. Whether you’re on a daily commute or embarking on a road trip adventure, this special discount ensures you save on fuel expenses while still earning cash back on all your purchases.

Hit the road with confidence and savings

Enjoy additional discounts on rental cars with the BMO CashBack Mastercard, offering up to 25% off rentals with National or Alamo. Whether you’re planning a business trip, a family vacation, or a spontaneous road trip, this exclusive benefit guarantees significant savings on rental expenses, empowering you to make the most of your travel budget.

Start earning big from day one

The BMO CashBack MasterCard Credit Card treats you to a generous 5% cash back on purchases at gas stations, grocery stores, drug stores, and restaurants right from your first purchase. This immediate cashback bonus transforms your everyday spending into a source of savings and satisfaction.

Unlock Great Low APR

Say goodbye to high-interest credit card debt with our exclusive promotional balance transfer offer. Enjoy a rock-bottom interest rate of just 0.99% for a generous 9-month period on balance transfers, coupled with a modest transfer fee of only 2%. It’s the perfect opportunity to consolidate your debt and take control of your finances.

Experience Zero Liability Fraud Protection

Rest easy knowing your financial security is our top priority. With the BMO CashBack Mastercard, you’ll benefit from zero liability fraud protection, providing essential peace of mind in today’s digital world. Plus, with our low annual fee, you can enjoy unparalleled security at an affordable cost, making it a must-have for savvy Canadians.

Accessible for All

Worried about credit scores or income requirements? Fear not! The BMO CashBack Mastercard is designed for cashback enthusiasts of all stripes, offering rewarding benefits to those with good credit ratings and stable incomes. Whether you’re a seasoned spender or just starting your financial journey, our card is here to elevate your spending experience.

Who Can Apply?

You must meet the following criterias to apply for this credit card:

1. Must be at least 18 years old.
2. Must have a valid Canadian address.
3. Must have a Canadian credit file.
4. Must have a valid Social Insurance Number (SIN).
5. Must pass identity verification and credit checks.

How to Apply: BMO Cashback Mastercard

Applying for the BMO Cashback MasterCard is straightforward and user-friendly. Follow these simple steps to get started:

1. Visit the BMO Website
2. Look for the BMO Cashback MasterCard application page.
3. Click on Apply Now.
4. Complete the application form.
5. Provide financial details.
6. Upload any necessary documentation.
7. Once you’ve submitted your application, sit tight and await approval.
8. Once approved, your Cobalt Card will be on its way to you, ready to unlock a world of rewards and benefits!

FAQs: Answers to Your Top Questions About BMO Cashback Mastercard

How do I redeem my cashback rewards?

  – Redeem your cashback directly into your BMO account or apply it to your card statement.

Is there a limit to how much cashback I can earn?

  – No, there’s no cap on the amount of cashback you can earn.

Can I use this card internationally?

  – Yes, the BMO Cashback MasterCard is accepted worldwide, wherever MasterCard is accepted.

Are there additional fees for foreign transactions?

  – Standard foreign transaction fees apply as per the cardholder agreement.

How do I manage my account?

  – Easily manage your account online or through the BMO mobile app.

CREDIT CARD

BMO Cashback MasterCard

3% cash back $0 annual fee

Learn how to apply and other card advantages:

APPLY NOW You will be redirected