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BMO Cashback MasterCard Credit Card Review

If you want to make sure that you are saving money, and you want to make your life easier, then you should consider getting a rewarding credit card for everyday purchases. 

BMO Cashback MasterCard Credit Card
Source: BMO Cashback MasterCard Credit Card

Welcome to the world of effortless spending and rewarding experiences with the BMO Cashback MasterCard. Imagine a credit card that not only fits seamlessly into your daily life but also rewards you for every purchase. Whether you’re grabbing a coffee, shopping online, or planning your next vacation, the BMO Cashback MasterCard turns everyday transactions into exciting opportunities.

If you are looking for a credit card to get you the most possible benefits, then BMO Cashback MasterCard Credit Card is the one. It rewards you with cash back when you spend. It also allows you to redeem points for streaming services like Netflix, Amazon Prime, and Hulu.

BMO Cashback MasterCard Credit Card
BMO Cashback MasterCard
3% cash back $0 annual fee
Learn how to apply and other card advantages:

Benefits of Credit Card

Credit cards are a great way to build credit. They offer a way for people to build their credit score and make sure that they’re getting the most out of their purchases. They can also be a lifesaver in emergencies. When it comes to everyday purchases, BMO Cashback MasterCard Credit Card offer a wide variety of benefits including the following:

  • 1% cashback on all your recurring payments

If you already have a streaming service subscription and you have or have access to a BMO Cashback MasterCard Credit Card, you can take advantage of this card’s cashback and earn 1% cash back on each purchase.

  • Offers 0.5% cashback on all other purchases

What’s better than cash back? Cash back exclusively on the things you care about. That’s the best part about the new BMO Cashback MasterCard Credit Card. What’s more, it offers up to 0.5% cash back on all other purchases.

  • 5% cashback for the first three months
BMO Cashback MasterCard Credit Card
Source: BMO Cashback MasterCard Credit Card

BMO Cashback MasterCard Credit Card offers the first three months of 5% cashback on your everyday purchases. There is also little to no annual fee and it is accepted at most merchants.

  • Low APR

BMO Cashback MasterCard Credit Card has a low-interest rate, which means that you’ll be paying less in the long run. Its low-interest rate will help to protect your finances from getting out of control. You’ll also be able to save on your monthly spending, which is nicer compared to other rewards cards. 

  • Zero liability fraud by MasterCard

One of the biggest parts of credit cards is the protection that comes with them. Unlike debit cards, the liability of credit card fraud lies on the credit card company. With the BMO Credit Card, you get fraud protection with no liability. No liability means that you won’t be held responsible for any fraudulent charges.

Exclusive Cashback Program: Earn More with Every Purchase

The heart of the BMO Card is its exclusive cashback program. This feature allows you to earn a significant percentage of cash back on all your purchases, from groceries and gas to recurring bill payments. It’s like getting paid to shop, making your everyday spending more rewarding than ever.

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: Begin by navigating to the BMO (Bank of Montreal) website. Look for the ‘Credit Cards’ section, which you can usually find under the ‘Personal’ banking category.

2.Find the Card: Within the credit card section, locate the BMO Card. This can typically be found under categories like ‘Cashback Cards’ or ‘No Annual Fee Cards’.

3.Review Card Details: Take a moment to review the details of the card, ensuring it aligns with your financial needs and spending habits. Pay attention to the benefits, cashback rates, and any other relevant features.

4.Click ‘Apply Now’: Once you’re ready, click on the ‘Apply Now’ button. This will take you to the application form.

5.Fill Out the Application Form: You’ll be prompted to enter personal information such as your name, address, income details, and employment information. Ensure all details are accurate and up-to-date.

6.Read Terms and Conditions: Before submitting, it’s important to carefully read through the terms and conditions. This includes understanding the interest rates, fees, and other charges associated with the card.

7.Submit Your Application: After filling out the form and agreeing to the terms, submit your application. You’ll typically receive an instant decision regarding your approval status.

8.Wait for Your Card: If approved, your BMO Cashback MasterCard will be mailed to you. This usually takes a few business days.

9.Activate Your Card: Once you receive your card, follow the instructions provided to activate it. This can usually be done online or over the phone.

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.

BMO Cashback MasterCard Credit Card
BMO Cashback MasterCard
3% cash back $0 annual fee
Learn how to apply and other card advantages:

Sam Nascimento

Graduated in law Specialist in economics, investment and personal finance. Its focus is to change people's financial lives.