The BMO Cashback card earns cash back and gives cardholders the opportunity to earn 3% cash back on grocery purchases.
Rewards Rates
The BMO Cashback credit card earns cash back for all purchases made on the card:
- 3% cash back on all grocery purchases, up to $500 per statement period.
- 1% cash back on all recurring bill payments, up to $500 per statement period.
- 0.5% cash back on all other purchases.
Once the cardholder reaches $500 in spend in the accelerated cashback category during a statement period, all remaining purchases in that category will earn 0.5% cash back until the next statement.
Insurance Coverage
The BMO Cashback credit card offers two types of insurance coverage:
- Extended warranty coverage
- Purchase protection
Refer to the BMO Cashback insurance certificate for additional details, including terms and conditions for eligibility.
Other Cash Back Cards You Might Consider
| Credit Card | Welcome Bonus | Net Value | ||
|---|---|---|---|---|
|
TD Cash Back Visa Infinite | 350 Cash back | $350 | Apply |
|
American Express SimplyCash Preferred | 400 Cash back | $280 | Apply |
|
BMO CashBack World Elite | 250 Cash back | $250 | Apply |
|
Scotiabank Momentum Visa Infinite | 200 Cash back | $200 | Apply |
|
American Express SimplyCash | 100 Cash back | $100 | Apply |
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