BMO CashBack Mastercard
Annual fee $0
Rewards rate 1% Cash back on all purchases
Bonus offer 5% Cash back (first 3 months)
Interest rate 19.99%
Looking for the best BMO Bank of Montreal credit card in Canada? You’ve got this.
Find the right credit card.
Get Started BMO Preferred Rate Mastercard
Annual fee $20
Rewards rate N/A
Bonus offer 0
Interest rate 12.99%
BMO World Elite Mastercard
Annual fee $0 $150 after the first year
Rewards rate 3 Points per $1 spent on eligible purchaes
Bonus offer 35,000 Welcome bonus points
Interest rate 19.99%
BMO Rewards MasterCard
Annual fee $0
Rewards rate 1 BMO Rewards point per $1 spent
Bonus offer 20,000 BMO Rewards welcome points
Interest rate 19.99%
BMO CashBack World Elite Mastercard
Annual fee $0 $120 after the first year
Rewards rate 1.5% Cash back on all purchases
Bonus offer 5% Cash back (first 3 months)
Interest rate 19.99%
BMO AIR MILES World Elite Mastercard
Annual fee $0 $120 after the first year
Rewards rate 1 Air Miles reward mile per $10 spent
Bonus offer 3,000 Bonus Air Miles
Interest rate 19.99%
Recommended BMO Bank of Montreal credit cards.
BMO offers a lot of choice when it comes to its credit cards. The big Canadian bank boasts strong offerings no matter what you’re looking for in a credit card; whether that’s a best-in-class cashback rate or competitive travel rewards. Check out a few of BMO’s top cards.
Most popular BMO cards.
“World Elite Rewards” says it all. If you want to travel in style and earn rewards along the way, choose the BMO World Elite Rewards MasterCard. It’s a rewards card that can compete with the best, offering credit card holders 2 BMO Rewards points for every $1 spent on the card — that’s 2% back in travel rewards. And if those perks aren’t enough, BMO is currently offering a welcome bonus of 35,000 rewards points — that’s equal to $250 in travel rewards. So kick back in VIP airport lounges around the world (you get exclusive access) and fly on any airline without worrying about blackout dates — the BMO World Elite Rewards MasterCard has your back.
BMO World Elite Rewards MasterCard
Annual fee $0 $150 after the first year
Rewards rate 3 BMO rewards points for every $1 spent on travel, dining, and entertainment. 2 BMO rewards points for $1 spent on everything else.
Bonus offer 35,000 bonus points.
Interest rate 19.99%
Sometimes, you just need the basics: good rewards and a $0 fee. The BMO CashBack MasterCard offers a competitive cash back rate — 5% cash back on every purchase in your first four months — without asking you to fork over a portion of those earnings to cover an annual fee. So if you need a basic, no-strings-attached cash back card, try this one. You’ll get 1% cash back on all other card purchases with zero restrictions after the intro rate ends and you’ll always have access to the card’s non-reward perks, like purchase protection and rental car discounts.
BMO® CashBack® MasterCard®
Annual fee $0
Rewards rate 5% cash back for the first 3 months, 1% thereafter.
Bonus offer Not available.
Interest rate 19.99%
Best BMO cash back card.
If you’re looking for the cream of the crop in cashback cards, look no further than the BMO CashBack World Elite MasterCard. This card offers 1.5% cashback on all purchases — with no restrictions. The generous welcome bonus offers 5% cash back on every purchase during your first three months. And if those great benefits aren’t enough, cardholders also get access to 24/7 customer service, extended warranty, rental car discounts, a roadside assistance program, and more. The best part? Frequent use of this card will quickly cover its $120 annual fee.
BMO® CashBack® World Elite® MasterCard®
Annual fee $0 $120 after the first year.
Rewards rate 5% cash back for the first 3 months, 1.5% thereafter.
Bonus offer Not available.
Interest rate 19.99%
Best BMO travel rewards cards.
The premium travel rewards card for Air Miles members. If you love to travel, you’re going to love the BMO Air Miles World Elite MasterCard. It’s relatively new, but it has quickly established itself as one of the top Air Miles cards on the market. The reason? Spending on this card is one of the fastest ways to collect Air Miles: you earn 1 Air Miles reward mile for every $10 you spend on your credit card — no restrictions. Plus, for a limited time, the sign-up bonus will get you an additional 3,000 Air Miles bonus miles. That's enough for two short-haul flights. On top of that, cardholders get 15% discount on Air Miles flights in North America, with no blackout periods.
BMO® CashBack® World Elite® MasterCard®
Annual fee $0
Rewards rate 1 AIR MILES reward mile for every $10 spent.
Bonus offer Up to 3,000 AIR MILES Bonus Miles.
Interest rate 19.99%
A basic, no-frills travel rewards card for Air Miles members. The BMO Air Miles MasterCard is a classic in the travel category. Cardholders earn 1 Air Miles reward mile for every $20 spent on their credit card, plus two times the reward miles when using their BMO MasterCard and Air Miles collector card at Air Miles sponsored locations. Bonus (literally): if you apply now, you’ll also get 500 Air Miles bonus miles to get you started. This card has no annual fee and offers all the usual non-reward perks: extended warranty, purchase protection, rental car discounts, and more.
BMO® AIR MILES® MasterCard®
Annual fee $0
Rewards rate 2x the Miles for every $20 spent at AIR MILES partners. 1 AIR MILES reward mile for every $20 spent.
Bonus offer Up to 800 AIR MILES Bonus Miles.
Interest rate 19.99%
The BMO advantage.
Meet BMO, the fourth-largest of Canada’s Big Five Banks. BMO, known for its robust credit card portfolio and its strong alliance with MasterCard, offers Canadian credit card shoppers plenty of choice. It also gives them more opportunities to collect rewards, including Air Miles. BMO has a strong partnership with the popular loyalty program and offers you a wealth of credit card options if you want earn more Air Miles.
Here are some of the other great benefits you’ll get when you choose a BMO credit card.
Apple Pay
BMO has made paying with your credit card even easier. Its cards are accessible via Apple Pay, which means you can add your BMO credit card to your Apple device and enjoy the security and convenience of paying from your mobile device.
Award-winning mobile banking app
Tracking your credit card use just got easier. The BMO app lets you do everything on the go, including view your accounts and account activity, pay your bills, transfer money between accounts, send Interac e-Transfers®, access your credit card statements, and more.
BMO Rewards
Two of BMO’s most popular credit cards, the BMO® Rewards™ MasterCard® and the BMO® World Elite™ MasterCard®, give you access to BMO’s exclusive rewards program. The program lets you collect points that can be redeemed for flights, hotels, merchandise, and gift cards. You also have the option to use your rewards points to contribute to a BMO Investment Account or make a charitable donation.
Rewards partnerships
Need more credit card rewards in your life? BMO has partnerships with two major loyalty programs: Air Miles and SPC. So whether you’re an avid traveller who’s always thinking about the next getaway or a student on the hunt for great discounts, BMO has a card for you.
Air Miles
As one of Canada’s oldest and best recognized loyalty programs, Air Miles integrates with hundreds of companies. Check out the BMO® AIR MILES® MasterCard or the BMO® AIR MILES® World Elite MasterCard to start earning Air Miles that you can use toward discounts on flights, hotels, and more.
SPC
The Student Price Card (SPC) offers exclusive deals and discounts at hundreds of retailers and restaurants, and it’s one of the leading loyalty programs in the country. With most SPC discounts ranging from 10-15%, it’s a great option for frugal students and first-time credit card holders. Try the BMO® SPC® CashBack® MasterCard for a no-fee card option that gives you all the benefits of an SPC card, plus a 1% cash back rate on all purchases.
About BMO
Formed in 1817, the Bank of Montreal (BMO) is Canada's oldest bank. It was the first bank to adopt branch banking, quickly establishing outposts in Kingston, Ont. and Quebec City. The institution became a major force in central Canada when it merged with Molson Bank in 1925, expanding its reach deep into Ontario. The bank then went on to national prominence, expanding from coast to coast in the decades that followed and gaining a significant footprint in the U.S. In 1977, the Bank of Montreal later moved its headquarters to Toronto, which was quickly dethroning Montreal as the centre of Canadian finance. Explore our BMO card offers above.
Credit card news
Credit ScoreWhy you’re likely to get very different credit scores from different websites
Not only do we get varying scores from different sites; they don’t match our FICO score, which is the one most lenders use.
Credit CardsWhat happens to your loyalty points when you die?
Every program has different rules about what happens to your points when you pass.