BMO CashBack® Mastercard®*

Card Features

  • Welcome offer: Get 5% cash back in your first 3 months*
  • Then get 3% cash back on grocery purchases, 1% cash back on recurring bill payments and 0.5% unlimited cash back on all other purchases!*
  • Now earn the highest cash back on groceries in Canada without paying an annual fee!†
  • Get a 1.99% introductory interest rate on Balance Transfers for 9 months, 1% fee applies to balance amounts transferred*
  • No Annual fee*
  • Want to get your cash back ASAP? Now you can redeem your cash back anytime through direct deposit, as a credit on your statement or into your BMO InvestorLine account*
  • Extended Warranty*
  • Purchase Protection*
  • Receive a discount on car rentals*
  • BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information
*Terms and conditions apply †Based on a comparison of the non-promotional grocery rewards earn rate on cash back credit cards with no annual fee as of June 1, 2022.

Interest Rates

Purchase APR: 20.99%

Balance Transfer APR: 22.99%

Cash Advance APR: 22.99% (21.99% for Quebec residents)

Annual Fee

$0

Pros

  • Excellent cash back rate on grocery purchases
  • Good balance transfer offer

Cons

  • Regular cash back rate could be better

Bonus Offer

Get 5% cash back in your first 3 months*

Introductory Rates

Reward Earnings Rate

3% cash back on grocery purchases, 1% cash back on recurring bill payments, 0.5% unlimited cash back on all other purchases

Additional Details

Grace Period: 21 days

Fees