Skip to content
Skarp FinanceSkarp Finance

BMO

BMO CashBack Mastercard

No annual fee and 3% cash back on groceries. Redeem your cash back anytime, for as little as $1.

Apply

Starting an application here does not affect your credit score. A credit check happens only when the issuer takes it further.

Annual fee

$0

Purchase rate

21.99% (purchases)

FX fee

2.50%

Grace period

21 days

What this card pays you

Groceries
3.00%$144
Dining
0.50%$12
Gas
0.50%$9
Transit
0.50%$4
Travel
0.50%$6
Bills & subscriptions
1.00%$24
Everything else
0.50%$18
Net value$0$217

This figure reflects your spending profile against this card's published earn rates, minus the annual fee. Category caps, welcome bonuses, insurance and lounge benefits, and first-year fee waivers are excluded from this estimate.

We earn a referral fee if an application is approved. It does not affect this ranking. How we rank

Rewards in full

  • 3% cash back on groceries (first $500 per statement period)
  • 1% on recurring bill payments (first $500 per statement period)
  • 0.5% on all other purchases
  • welcome offer up to 5% cash back for first 3 months

Rates & fees

BMO CashBack Mastercard: Rates & fees
Annual fee$0
Supplementary card fee$0 (additional cardholders free)
Purchase APR21.99% (purchases)
Balance transfer intro0.99% for 9 months (2% transfer fee) on approved promotional offers
Balance transfer rate23.99% (21.99% for Quebec residents)
Balance transfer fee2% of amount transferred on the promotional offer; up to 5.00% on other offers (exact fee disclosed with the offer)
Cash advance1.00% of the advance or minimum $5.00; cash advance APR 23.99% (21.99% in Quebec)
Foreign exchange fee2.50%
Grace period21 days
NetworkMastercard

Important information

Rates, fees, and offers come from the issuers and can change without notice. Confirm every detail on the issuer's site before you apply. We provide comparisons and application intake only; approval decisions rest solely with the issuer.

We use Google Analytics to understand how the site is used. It stays off until you allow it, and saying no changes nothing about what you can do here. How we handle your data