Welcome offer: Get 5% cash back in your first 3 months*
Then get 3% cash back on grocery purchases, 1% cash back on recurring bill payments and 0.5% unlimited cash back on all other purchases!*
Now earn the highest cash back on groceries in Canada without paying an annual fee!†
Get a 0.99% introductory interest rate on Balance Transfers for 9 months, 2% fee applies to balance amounts transferred*
No Annual fee*
Want to get your cash back ASAP? Now you can redeem your cash back anytime through direct deposit, as a credit on your statement or into your BMO InvestorLine account*
Extended Warranty*
Purchase Protection*
Save up to 20% on National Car Rental and Alamo Rent A Car and up to 5% on Enterprise Rent-A-Car at locations worldwide using the Car Rental Booking tool
Minimum 15K individual income*
BMO is not responsible for maintaining the content on this site. Please click on the Apply Now link for the most up to date information.
*Terms and conditions apply
†Statement based on a comparison of the non-promotional grocery rewards earn rate on Canadian cash back credit cards as of June 1, 2022.
Card Features
Extended Warranty
Purchase Protection
Rental Car Discounts
About This Card
The BMO CashBack® Mastercard®* is a no-fee, cash-back rewards credit card available to people with an above-average credit score.
This card has a competitive offer for new cardholders: 5% cash back on on all purchases for the first 3 months. After that, cardholders will ear 3% on groceries, 1% recurring bill payments, and unlimited 0.05% cashback on anything else.
There's also a balance transfer offer when you apply. You can transfer a balance from another credit and pay only 0.99% interest on it for nine months. There is a 2% fee tacked onto the balance amount transferred. After the nine-month period, the interest on the balance goes up to 22.99%.
The BMO CashBack® Mastercard®* also offers users various add-on features, like identity theft assistance, BMO travel insurance options, CreditDefence, BMO Roadside Assistance and BMO Credit Card Balance Protection — though these perks do cost additional fees.
In addition to its $0 annual fee, the BMO CashBack® Mastercard®* offers users competitive rates. It has a purchase interest rate of 19.99% and a cash advance rate of 22.99%.
Why get the BMO CashBack® Mastercard®*?
Get extended warranties - All CashBack users automatically get extended warranty benefits, which means you’ll get a one-year extension on the warranty for every item you buy with the card. The only exception is when the original warranty exceeds five years.
Protection for purchases - CashBack has your back when it comes to theft. You'll be protected in instances of unauthorized use, and are saddled with zero liability. Each card is also embedded with a PIN-protected microchip to ensure optimum protection, and an added layer of security for online shopping, thanks to Mastercard SecureCode.
Discounts on rental cars - Users can get up to 25% off of rentals at both Alamo Rent a Car and National Car Rental. The discount will vary by rental date, location, and vehicle type.
