BMO® CashBack® MasterCard®* | Shop Canada's Best Credit Cards | Compare Credit Cards | shoptherate.ca

BMO® CashBack® MasterCard®*

Card Details

Network: Mastercard
Provider: BMO Bank of Montreal
Type: Balance Transfer, Cashback
Credit Required: Good Credit

Offers & Rewards

1% Cash back on all card purchases*
4% Cash back on purchases in the first 4 months*

Fees & Rates

Intro Balance Transfer Rate:
1.99% for 9 months
Purchases: 19.99%
Cash Advances: 22.99%
Balance Transfers: 22.99%
Annual Fee: $0.00

  • Welcome offer: Get up to 4% cash back on every purchase in your first 4 months  and a 1.99% introductory interest rate on Balance Transfers for 9 months, 1% fee applies to balance amounts transferred*.
  • Get 1% cash back on all other card purchases with no restrictions*
  • No Annual fee*
  • Receive a discount on car rentals*
  • Extended Warranty* 
  • Purchase Protection* 

*Terms and conditions apply


Editor's Review

A card with no annual fee where you can collect up to $125 in a four-month span? You're probably wondering where to sign and for a good reason. With the BMO® CashBack® MasterCard® you can get four percent cash back on every purchase in your first four months as a first-year welcome bonus. From there, you will earn one percent cash back for every other transaction. You can get rewards at any time instead of waiting once a year when the bank decides, which means you can redeem them monthly or each time you hit a specific rewards mark.  

When you decide to get this MasterCard, you can get a $94 sign-up bonus, one of the highest of its kind for a card with no fee. You can redeem your cash either by depositing it into your BMO chequing account or use it as a statement credit. If you like renting cars, you can get 25% off their original prices at National or Alamo car rental locations. Your card also comes with zero liability, an extended warranty, and purchase protection to cover you from any unfortunate events. Plus, you can add cardholders free of charge. It's a card offering you no limits and endless possibilities.

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