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 | ||
|---|---|---|---|---|
|
American Express SimplyCash Preferred | 400 Cash back | $301 | Apply |
|
BMO Cashback World Elite | 250 Cash back | $250 | Apply |
|
American Express SimplyCash | 200 Cash back | $200 | Apply |
|
Scotiabank Momentum Visa Infinite | 200 Cash back | $200 | Apply |
|
TD Cashback Visa Infinite | 200 Cash back | $200 | Apply |
Disclaimer: these responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.