BMO CashBack® Mastercard®
BMO · MASTERCARD
The BMO CashBack® Mastercard® is a credit card from BMO on the Mastercard network. It earns 0.50% on everything else. The welcome offer is Get up to 5% cash back in your first 3 months and a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee.
Key facts
- Network
- MASTERCARD
- Welcome offer
- Get up to 5% cash back in your first 3 months and a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee.
Reward rates by category
| Category | Rate | Detail |
|---|---|---|
| Everything else | 0.50% | 0.5% on all other purchases |
Benefits and perks
- Enjoy the most cash back on groceries in Canada without paying an annual fee: Based on a comparison of the non-promotional grocery rewards earn rates on cash back credit cards with no annual fee and no bank account balance requirement as of August 01, 2025.
- Turn everyday purchases into cash rewards
- 0.5% cash back: On all other purchases, so you earn every time you spend.
- Save on groceries and more with complimentary Instacart+: Enjoy three months of Instacart+ and a $5 monthly Instacart credit when you enroll your eligible BMO Credit Card. Terms apply.
- BMO PaySmart™ Installment Plans: Live now, pay smarter with a BMO PaySmart plan by turning your credit card purchases into smaller, monthly payments at a low cost.
Questions about the BMO CashBack® Mastercard®
What is the annual fee on the BMO CashBack® Mastercard®?
Woodo does not currently hold verified annual fee data for the BMO CashBack® Mastercard®. Check the issuer's own terms for the current fee.
What rewards does the BMO CashBack® Mastercard® earn?
The BMO CashBack® Mastercard® earns 0.50% on everything else.
Is the BMO CashBack® Mastercard® worth it?
The BMO CashBack® Mastercard® is worth it when the rewards you would earn on your own spending exceed its annual fee. Upload a statement to Woodo and the calculation runs against your real categories rather than an assumed budget.
Community
Approval and real earn reports from cardholders are coming to this page soon.
More from BMO
Not sure this is the right card for you?
Upload a credit card statement and Woodo works out what you actually spend by category, then ranks every card in the catalog against your own numbers. No bank login needed.
Upload a statement