See how to request the BMO CashBack Mastercard®️ 


BMO CashBack Mastercard®️: Enjoy the most cash back on groceries in Canada without paying an annual fee

BMO CashBack Mastercard®️ 

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5 /5
Rates & Fees
Find out how to get Go to the official BMO website
  • Annual fee


  • Purchase rate


  • Cash advance rate

    22.99% (for Quebec residents) 21.99%

Product Details

Cashing in on your cash back

  • Your cash back rewards never expire as long as your account is open and in good standing
  • No waiting! Redeem your cash back any time you want for as little as $1
  • Set up an automatic deposit whenever you reach a certain amount, starting at $25
  • Enjoy the flexibility to put your cash back where you want:
    • Statement credit
    • BMO chequing or savings account
    • InvestorLine
Our take

Redeem your cash back whenever you want, or simply set up recurring deposits and get rewarded automatically.

  • Deposit it into your BMO chequing or savings account
  • Put it into your InvestorLine account
  • Use it as a credit on your monthly statement
Use of the cash back calculator is for illustrative purposes only. Values displayed valid as of May 1, 2020.

See how to request the BMO CashBack Mastercard®️ 

From the pros to the cons, and even down to the credit analysis, the BMO CashBack Mastercard®️ credit card is a very important and loved credit card. You, for example, have taken an interested in it, of course you would, with that keen eye of yours. 

But what would you need to do to be able to apply for the BMO CashBack Mastercard®️ credit card without any problems or outside interferences? It is very easy, you just need to know everything about the credit card before applying. And with us, that is a piece of cake. 

So, what should you be learning beforehand? Well, you will need to learn the requirements, the documents needed and even know if you fit the profile set for the credit card. Thankfully, we will discuss that through this article. If you want to know more, keep reading. 

What are the requirements needed to apply? 

There is so much in a credit card that you need to know before applying. For the BMO CashBack Mastercard®️ credit card, you have a list of requirements needed to meet before you apply. Keep reading and see them. 

  • Minimum income of $15 thousand a year 
  • Any household income 
  • Recommended credit score of 660 or plus 
  • You are a permanent Canadian resident and have reached the age of majority in the province in which you live. 

What documents are needed to request the BMO CashBack Mastercard®️ 

If you are someone that likes to be prepared, then there is nothing wrong in wanting to know the documents a credit card needs to apply for it. Let’s see the ones that the BMO CashBack Mastercard®️ credit card needs. 

  • Proof of identity; 
  • Proof of residency; 
  • Proof of income. 

What are the biggest uses of this credit card? 

The credit card, no matter what it is, has uses. Of course, that does not mean you can only use it for those means, it’s just that if you do use it for that, you will enjoy the card way more. And of course, the BMO CashBack Mastercard®️ also has some special uses. Down below, we will bring you the main four ones. 

For students 

One of the main reasons the BMO CashBack Mastercard®️ credit card is so applied for, it because it can be a huge benefit for students. But not only normal students, but for independent students living far away from home.  


Another reason why you can see so many people getting the BMO CashBack Mastercard®️ credit card is for the cashback. The card has a lot of it on different things. You can get 3% cash back on groceries (on the first $500 in purchases per month). Also, 1% cash back on recurring bill payments (on the first $500 per month) and 0.5% on all other purchases with no limit. 

The many benefits it has

Then we have the benefits. Being a credit card as good as this one, it has to have benefits that appeal to the general public. The BMO CashBack Mastercard®️ credit card has a no contact payment, fast management and even better fees. 

Annual fee 

Finally, the last, but not least, is the annual fee. Most credit cards around the globe do have some sort of fee that you need to pay every month to use the card. Not the BMO CashBack Mastercard®️ credit card, though. This card gives all of the benefits and does not charge you for it. 

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Don’t miss the chance to get this credit card, which is one of the best out there!

Our advice for those who are going to apply for the BMO CashBack Mastercard®️ 

Now you probably want some advice. You see, we realize that ever since we mentioned how good the BMO CashBack Mastercard®️ credit card is for students, we fear you might get the wrong idea. The idea being that the card is only for students. 

That is completely false. There is no way that the BMO CashBack Mastercard®️ credit card is made only for students. Anyone can apply for it, even if you are not one. You see. The card is good for students because of the amount of cashback and privileges. 

Which, are always amazing for students, specially out of the country. So, when you do apply for the credit card, it is normal that you want something that can benefit you. And that is exactly what the card does. Believe us when we say this is the perfect for you. 

Weighing advantages and disadvantages – Is it worth it? 

Now, we managed to go through the whole article, but now we need to talk more about the pros and cons of the BMO CashBack Mastercard®️ credit card. That is right, we will see if it is worth it. The credit card has the benefit of not having an annual fee. 

Along with that, it has some very interesting rates for those who like tho know them. You can get a 3% cashback on grocery purchases and even more on other things. There is always also the option to redeem the cash, and you can do so, even if it is just a dollar. 

The thing is, even if it has many benefits, it also has some cons. For example, the base 0.5% cash back is lower than in other cards. If you purchase at Walmart or Costco, the cashback is only 0.5% instead of three. The same is for independent business.  

But if we do compare it with the pros, it is worth it. You get the welcome offer of 5% cash back in your first three months, no annual fee, and the card also has a lot of awards to help. So yes, it is worth it, and a lot. 

Request your credit card BMO CashBack Mastercard®️ on the official website once and for all! 

Thinking of applying for the BMO CashBack Mastercard®️ credit card? We do hope so, since this article was to show you the real benefit of having this card. If you want to do that, then you have to click down below. When you do it, you will be able to apply for the credit card today! 

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