The BMO Cashback Mastercard features:
✅Annual Fee: $0
✅Up to 5% Cashback on purchases in the first 3 months, and 3% for the entire period of card usage
✅Special Discounts for car rentals and events
✅Included Insurance for purchase protection and against fraud
✅High Credit Limit with simplified approval
Why is the BMO Cashback Mastercard a smart choice?
First off, the waiver of the annual fee means direct savings, setting it ahead of many cards on the market. This, combined with up to 3% cashback on grocery purchases, turns your routine expenses into earning opportunities.
Additionally, the exclusive fuel discounts for cardholders at Shell add another layer of savings, crucial in times of fluctuating fuel prices. These benefits align with daily needs, from food to transportation, ensuring that the card’s advantages are fully utilized.
The ability to easily manage and redeem accumulated cashback adds an extra layer of value. This versatility means you can choose how and when to enjoy your rewards, tailoring them to your specific financial needs.
Expert opinion
This card is not just a piece of plastic in your wallet; it’s an ally in your financial planning. Recognized with awards, it offers accessible interest rates and the benefit of no annual fee. The possibility of directly redeeming the accumulated points into cash enhances your purchasing power, turning the act of spending into an earning opportunity.
With the BMO Cashback Mastercard, you profit from your cashback, redeeming your earnings at any time and flexibly, whether as a credit on the statement, deposit into a checking or savings account, or even investing in BMO’s InvestorLine.
A tip for your wallet
Maximizing the benefits of your BMO Cashback Mastercard involves understanding and leveraging the cashback segments. Focus your grocery shopping where you earn 3% back, and plan your recurring payments, such as utility bills and subscriptions, to enjoy the 1% return.
For fuel, use the exclusive discount at Shell and watch your savings grow. The key is to strategically use the card in categories with the highest cashback returns, and always pay the full balance to avoid interest.
Ready to save more?
Discover how the BMO Cashback Mastercard can make your daily purchases more rewarding. Learn about the application process and details about the fees today. Click below and check it out: