Reviews
BMO CashBack® Mastercard® Review
The BMO CashBack® Mastercard® is a unique credit card that provides users with cash back rewards on all their purchases.
Advertisement
BMO CashBack® Mastercard® credit card: A great product for anyone looking for rewards and benefits.
Do you like getting paid for the things you already buy? If so, you’ll love this BMO CashBack® Mastercard® review. With great rewards, this card gives back on every swipe.
So if you’re looking for a credit card that will help you save money on all your purchases, the BMO CashBack® Mastercard® is definitely worth considering.
Credit Score | Good – Excellent |
Annual Fee | $0 |
Regular APR | 20.99% variable |
Welcome bonus | 5% cash back in your first 3 months, plus a a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee. |
Rewards | 3% cash back on groceries; 1% cash back on bills; 0,5% cash back on all other purchases. |
How to apply for a BMO CashBack® Mastercard®?
See how to apply for a BMO CashBack® Mastercard® Credit Card and start earning rewards on everyday purchases!
How does the BMO CashBack® Mastercard® work?
Do you want to earn cash back on your everyday purchases? The BMO CashBack Mastercard is a great option for those looking for an easy way to get rewarded for their spending.
This card offers 3% back on groceries, 1% back on bills and 0.5% cash back in all other purchases.
Plus, there is no annual fee! And, if you need to carry a balance, the APR intro of 1.99% for 9 months is hard to beat.
Just be sure to stay within the spending caps, or you’ll forfeit some of your rewards.
So, if you’re looking for a great way to earn cash back on your everyday purchases, the BMO CashBack Mastercard is a card worth considering.
You will be redirected to another website
You’ll receive messages for less than 1 week, with a maximum of 1 message per day. You can unsubscribe anytime by replying STOP. By submitting this form, I confirm that I am 18+ years old and agree to the Privacy Policy and Terms and Conditions. I also provide my signature, giving express consent to receive informational messages via automated emails, SMS, MMS text messages, and other forms of communication. Message frequency may vary as part of our good-faith effort to respond to your inquiry. Message and data rates may apply. Text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and that I may revoke my consent at any time.
BMO CashBack® Mastercard® Credit Card benefits: pros and cons
The BMO CashBack® Mastercard® is a great no-annual fee card that offers a high rate of cash back on grocery purchases.
You’ll get 3% cash back on all grocery store purchases, up to $6,000 annually. The card also offers 1% cash back on bills, and a 0,5% rate back with no cap.
This makes it a great option for everyday spending. You’ll also enjoy a 9 month introductory APR of only 0.99% with a 2% transfer fee.
The BMO CashBack Mastercard is a great option for those looking for an easy-to-use and affordable card with no annual fee and high cash back rates.
However, if you’re looking to maximize your rewards, you may want to consider a card with a higher spending cap.
That is because the maximum cap for the 3% and 1% categories are $500 per statement period.
Does my credit score need to be good?
If you are considering applying for the BMO CashBack Mastercard credit card, your credit score should be good to excellent.
This is because this is a reward credit card, and as such, comes with a higher than average interest rate.
If you do not have a good credit score, you may want to consider a different option.
Want to apply for the BMO CashBack® Mastercard® credit card?
Applying for the BMO CashBack® Mastercard® credit card is easy. You can apply online or in the branch, and the process only takes a few minutes.
To be approved, you will need to meet the eligibility requirements, which are:
- Be at least 18 years old;
- Have a good to excellent credit score;
- Be a Canadian resident
- Have a minimum income of $15,000 a year
If you need more information about the application process or want to know if you are eligible, be sure to follow the recommended link below.
How to apply for a BMO CashBack® Mastercard®?
See how to apply for a BMO CashBack® Mastercard® Credit Card and start earning rewards on everyday purchases!
Trending Topics
Lexington Law review: repair your credit with confidence
Need to rebuild credit? This review will show you how Lexington Law can be an excellent option and help you.
Keep ReadingPenFed HELOC review: Unlocking Your Home Equity
Read our full review if you want to know if PenFed HELOC is the right loan for you! Borrow up to $500K quickly at affordable terms.
Keep ReadingApply for Pyramid Credit Repair: simple and quick process!
Looking to apply for credit repair services? Then check out how to apply for Pyramid Credit Repair. Enjoy free credit repair evaluation.
Keep ReadingYou may also like
What is a debt consolidation loan?
A debt consolidation loan can help you pay off your debts faster and more easily. Find out what is a debt consolidation loan! Red on!
Keep ReadingThe Quick Way To Apply For A Job At TGI Friday’s
Build your career from the ground up with the entry-level training programs for a job at TGI Friday's - Learn to apply here!
Keep ReadingWells Fargo Autograph℠ Card full review
Looking for a new credit card? Then read out the Wells Fargo Autograph℠ Card review and find out! Enjoy intro APR and multiple benefits!
Keep Reading