BMO Cashback Mastercard: Enjoy Great Cashback Rewards on Groceries Nationwide!

The BMO Cashback Mastercard provides excellent cashback rates on grocery spending in Canada, along with a generous 5% cashback during the initial three-month period.

This card is designed to reward you with cash back on everyday expenses—discover the application process.

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BMO is a prominent North American bank based in Chicago, serving customers across the continent, including Canada.

It stands as the eighth-largest bank in North America, operating in both the U.S. and Canada. BMO offers a wide range of banking services, including various credit cards.

The BMO Cashback Mastercard gives you 3% back on grocery spending, 1% on recurring charges like utilities and subscriptions, and 0.5% on all other purchases, ensuring rewards for every dollar spent.

You can earn rewards that never expire, redeemable for as low as $1 at any time.

Your cashback can be transferred straight into your BMO checking or savings account, credited towards your statement, or accessed via an InvestorLine account.

Moreover, BMO offers a cashback calculator to help you project your annual earnings.

During the first three months with the BMO credit card, you can earn a 5% cashback if you meet all the requirements. This tool provides a comprehensive overview of your potential rewards.

The BMO card provides an initial credit limit tailored to your needs, with potential for increases as you use it more frequently.

Instead of a cash welcome offer, new users enjoy 5% cashback during the first three months of using the credit card.

There are no annual fees associated with the card, and the interest rates stand at 20.99% for purchases and 22.99% for cash advances.

To be eligible for the BMO Mastercard, applicants should generally have a good credit score, typically ranging from 600 to 770.

You can easily apply for the credit card through the bank’s customer service channels.

The card also includes numerous benefits, such as extended warranty and purchase protection, discounts of up to 20% with National Car Rental, 20% off Cirque du Soleil tickets, and 7% off bookings through Booking.com.

BMO prioritizes your security with features like financial monitoring and free 24/7 access to CreditView, allowing you to check your credit score and view detailed purchase information.

For added security, the Mastercard features zero liability protection and transaction notifications to verify your purchases.

The BMO PaySmart installment option lets you handle your credit card expenses efficiently.
In summary, the BMO card is quite adaptable, especially with no annual fees, making it a fantastic choice for starting your credit journey.