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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. Instantly compare the best BMO credit cards and see the latest BMO credit card promotions and deals on LowestRates.ca.
Sometimes, you just need the basics: good rewards and a $0 fee. The BMO CashBack® Mastercard®* offers a competitive cashback rate without asking you to fork over a portion of those earnings to cover an annual fee. Get up to 5% cashback in your first 3 months and a 1.99% introductory interest rate on balance transfers for 9 months with a 1% transfer fee. So if you need a basic, no-strings-attached cash back card, try this one.
BMO CashBack® Mastercard®*
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 0.5% cashback on all purchases — with no restrictions. offers a competitive cashback rate. You also earn 5% on groceries, which is the highest earn rate on groceries than any other card at the moment. After that, you'll get 4% on transportation, 3% on gas or EV charging, 2% recurring bill payments, and unlimited 1% cashback on anything else. 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? The $120 annual fee is waived for the first year.
BMO CashBack® World Elite™* Mastercard®*
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 2,000 Air Miles bonus miles. Use any BMO AIR MILES credit card with your AIR MILES Card when you shop at Sobeys, Safeway, Foodland and participating co-ops, Urban Fresh, Thrifty Foods, IGA, Les Marchés Traditions and Rachelle Béry. On top of that, cardholders get 15% discount on Air Miles flights in North America, with no blackout periods.
BMO AIR MILES®† World Elite™* Mastercard®*
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 $10 spent on their credit card, plus three times the reward miles when using their BMO Mastercard and Air Miles collector card at Air Miles sponsored locations. This card has no annual fee and offers all the usual non-reward perks: extended warranty, purchase protection, rental car discounts, and more. Use any BMO AIR MILES credit card with your AIR MILES Card when you shop at Sobeys, Safeway, Foodland and participating co-ops, Urban Fresh, Thrifty Foods, IGA, Les Marchés Traditions and Rachelle Béry.
BMO AIR MILES®† Mastercard®*
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Meet BMO, the fourth largest of Canada’s Big Five Banks. BMO is known for its robust credit card portfolio and its strong partnerships. BMO’s Mastercard partnership allows them to offer several BMO Mastercard credit cards to Canadians. If you’re looking for a Visa credit card, BMO offers BMO Visa credit cards. BMO also partners with the popular loyalty program, AIR MILES, to offer you a wealth of credit card options if you want to earn bonus Air Miles while shopping. Please note that BMO doesn’t currently offer any BMO Amex credit cards. Please check the BMO credit card site for more information.
Here are some of the other great benefits you’ll get when you choose a BMO credit card.
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. So, start shopping with your BMO credit card online and in-store using Apple Pay to enjoy quicker checkouts.
The BMO app lets you do everything on the go, including viewing your accounts and account activity, paying your bills, transferring money between accounts, sending Interac e-Transfers®, accessing your credit card statements, and more. Tracking your offline and online BMO credit card payments has never been easier.
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.
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. There are always several options in a BMO rewards credit cards.
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.
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.
When it comes to finding the right BMO credit card, understanding your overall lifestyle and spending habits is important. Once you know what kind of card you want, LowestRates.ca makes BMO credit card comparisons easier for you.
Here are the types of BMO credit cards available in Canada:
You can easily apply for a BMO credit card by completing a BMO credit card application online.
You will need the following information along with your BMO credit card application:
Once you submit your application, the credit card provider will use the given information to do a credit check and review your overall eligibility for the applied BMO credit card and credit limit. Your credit score may drop slightly due to the hard credit check, but it will bounce back soon, so don’t worry!
When you successfully pass your BMO credit card eligibility check, you’ll receive your new card in the mail. Please note, you will have to follow the BMO credit card activation steps before you can start using your new card.
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.
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