BMO CashBack Mastercard, Canada’s no-annual-fee card with 3% back on groceries and 1% on recurring bills
Turn everyday spending into steady savings with the BMO CashBack Mastercard, no annual fee, 3% back on groceries and 1% on recurring bills, designed for Canadians
Why Canadians choose the BMO CashBack Mastercard
The BMO CashBack Mastercard is a straightforward, no annual fee credit card built for daily life in Canada. As a cardholder you get clear cashback rates—3% back on groceries, 1% on recurring bills and 0.5% on everything else—making it ideal for families and folks managing household budgets.
Living in Canada means watching costs, and the BMO CashBack Mastercard helps you stretch your dollar without juggling points or complex tiers. Its unlimited cashback and simple redemption options keep rewards useful and easy to access through your BMO chequing or savings account.
Key features, rewards and flexibility
Top features of the BMO CashBack Mastercard include no annual fee, competitive interest, and the high 3% back on groceries that really adds up at the grocery store. Recurring bills like mobile, streaming and utilities earn 1% back, which compounds monthly savings for households across provinces.
Redemption is flexible: redeem cashback as a statement credit or deposit into your BMO account, so you can lower your balance or top up your chequing instantly. The card also supports contactless payments and is widely accepted across Canada, making everyday purchases both convenient and rewarding.
How to apply and who’s eligible
Applying for the BMO CashBack Mastercard is quick online through BMO’s Canadian site; you’ll need to be the age of majority in your province and a Canadian resident. The application asks for basic income and housing information, and many applicants see near-instant decisions depending on credit history.
Once approved, you can link cashback payouts to a BMO chequing or savings account for fast deposits. If you prefer in-branch service, BMO has local branches across provinces where staff can walk you through activation and setup in a friendly, Canadian way.
Maximize your cashback and final considerations
To get the most from the BMO CashBack Mastercard, charge your groceries and set up recurring bills on the card—that’s how the 3% back on groceries and 1% on recurring bills deliver consistent value. Look out for special BMO offers and seasonal promos that can temporarily boost cashback or add bonus savings.
Compare the BMO CashBack Mastercard with other no-fee cards if you travel often or need premium perks; for everyday Canadian shoppers, though, its simplicity, chequing-linked redemptions and solid cashback make it a smart pick. Apply online or visit a branch to start earning cashback on routine spending today.