BMO CashBack Mastercard Review Canada 2026
Anúncios
The BMO CashBack Mastercard is built for families spending under 00/month on groceries who want a free card. At /usr/bin/bash/year on the Mastercard network, here is everything you need to know before applying.
BMO Credit Cards at a Glance
Why the BMO CashBack Mastercard Stands Out
✓ What makes it worth it:
- No annual fee
- 3% on groceries matches premium cards
- Includes purchase protection and extended warranty
- Low income requirement (5,000)
✗ What to consider:
- 00/month grocery cap limits high spenders
- 0.5% base rate is low
- No welcome bonus
- After cap, groceries drop to 0.5%
Verdict: Who Should Get This Card?
The best free grocery card in Canada if you spend under 00/month on groceries. The 3% rate matches paid cards in that range. Pair with Tangerine (set to gas + restaurants) for a powerful no-fee combo that covers your top spending categories. For more options, see our see top cashback cards guide.
Ready to apply? Go directly to BMO:
APPLY ON BMO →✓ Official BMO website | ✓ Secure application | ✓ Takes 5-10 minutes
What credit score do I need for the BMO CashBack Mastercard? ▼
Standard BMO cards typically require a score of 650+. If your score is below that, consider a secured card first to build history.
Is the /usr/bin/bash/year annual fee worth it? ▼
Calculate your expected annual rewards based on the earn rates above. If they exceed /usr/bin/bash/year, the card pays for itself. Most cardholders who spend $2,000+/month break even easily.
Can I get the BMO CashBack Mastercard as a newcomer to Canada? ▼
BMO has dedicated newcomer programs. If you have been in Canada less than 5 years, check their newcomer page for cards with relaxed eligibility.
This review is for informational purposes only and does not constitute financial advice. Credit card terms and conditions change. Verify current details directly on the BMO website before applying.
Comentários