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BMO Credit Cards: Fees, Rates and Rewards of Each Card

Updated

BMO’s credit cards include the BMO eclipse Visa Infinite and the BMO Ascend World Elite Mastercard, which earn BMO Rewards points; the BMO CashBack Mastercard; the BMO Blue Rewards Mastercard; the BMO VIPorter Mastercard; the BMO Preferred Rate Mastercard; and the BMO U.S. Dollar Mastercard.

What does each BMO credit card cost and earn?

BMO's credit cards, from our verified records
CardAnnual feeEarn rateMinimum incomePurchase rateForeign transaction fee
BMO VIPorter World Elite Mastercard$1993 VIPorter points per $1 at Porter (first $20,000 a year), 2 on gas and transportation (first $5,000), groceries and dining (first $10,000) and hotels (first $5,000), 1 on everything else$80,000 personal or $150,000 household21.99%2.5%
BMO CashBack World Elite Mastercard$1395% on groceries, 4% on transit, 3% on gas and EV charging, 2% on recurring bills (each capped per statement period at $500, $300, $300 and $500 of spending), 1% on everything else$80,000 personal or $150,000 household21.99%2.5%
BMO eclipse Visa Infinite Card$1205 BMO Rewards points per $1 on groceries and on dining and food delivery (first $6,000 a year each) and on gas and transit (first $20,000 a year each), 1 on everything else$60,000 personal or $100,000 household, or $15,000 declared annual card spend21.99%2.5%
BMO CashBack Mastercard$03% cash back on groceries and 1% on recurring bill payments (each on up to $500 per statement period), 0.5% on everything elseNone stated21.99%2.5%
BMO Student CashBack Mastercard$03% cash back on groceries and 1% on recurring bill payments (each on the first $500 per statement period), 0.5% on everything elseNone stated21.99%2.5%
BMO Ascend World Elite Mastercard$1505 BMO Rewards points per $1 on travel (first $15,000 a year), 3 on dining, entertainment and recurring bills (first $10,000 a year each), 1 on everything else$80,000 personal or $150,000 household21.99%2.5%
BMO eclipse rise Visa Card$05 BMO Rewards points per $2 on groceries, dining and recurring bills in Canada (first $5,000 a year in each category), 1 point per $2 on everything elseNone stated21.99%2.5%
BMO VIPorter Mastercard$892 VIPorter points per $1 at Porter (first $10,000 a year), 1 on gas and transportation (first $3,000), groceries and dining (first $5,000) and hotels (first $3,000), 0.5 on everything elseNone stated21.99%2.5%
BMO Blue Rewards World Elite Mastercard$15010 Blue Rewards points per $1 at participating Blue Rewards Partners and Blue Rewards Travel (first $25,000 a year), 2 on groceries, gas, EV charging, wholesale clubs and liquor stores in Canada (first $500 per category each statement), 1 on everything else$80,000 personal or $150,000 household21.99%2.5%
BMO Blue Rewards Mastercard$05 Blue Rewards points per $1 at Blue Rewards Partners and Blue Rewards Travel (first $15,000 a year), 1 on groceries, gas and EV charging, wholesale clubs and liquor stores (first $500 per category each statement), 0.5 on everything elseNone stated21.99%2.5%
BMO eclipse Visa Infinite Privilege Card$5995 BMO Rewards points per $1 in Canada on travel (air, hotel, car rental) and dining (first $25,000 a year each), groceries (first $20,000), gas and health and wellness (first $15,000 each), 1 on everything else$150,000 personal or $200,000 household21.99%None
BMO Preferred Rate Mastercard$29No rewardsNone stated13.99%2.5%
BMO U.S. Dollar Mastercard$49 USDNo rewardsNone stated21.99%2.5%

Each card’s fact sheet, linked from its name, has the full terms we checked.

How do BMO’s card families differ?

  • BMO Rewards cards (eclipse and Ascend) earn BMO Rewards points (see our BMO Rewards hub).
  • The BMO CashBack Mastercard earns cash back that BMO lets you redeem any time, from $1.
  • Blue Rewards cards earn Blue Points in Blue Rewards, formerly AIR MILES (see our Blue Rewards hub).
  • The BMO VIPorter Mastercard earns VIPorter points on every dollar spent.
  • The BMO Preferred Rate Mastercard has what BMO calls its lowest interest rate.
  • The BMO U.S. Dollar Mastercard bills all purchases in U.S. dollars.

Which BMO card suits your spending?

Enter your monthly card spending to rank BMO's cards by dollars back a year after fees.

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Filters

Ranked by dollars back a year after fees, for your spending. Welcome offers, benefits and promoted cards never change the order.

  1. 1

    BMO VIPorter World Elite Mastercard

    $590a year after fees
    • 52,603 points a year at 1.50¢ (its lowest stated rate)
    • Fees $199
    • 2.03% back on spending

    Welcome offerUp to 70,000 VIPorter points, a companion pass, $1,000 in Qualifying Spend and a first-year annual fee rebate.Ends Oct 31, 2027. Not part of the ranking; confirm on the issuer’s site.

    • Travel medical
    • Trip cancellation
    • Trip interruption
    • Flight delay
    • Baggage
    • Baggage
    • +8 more

    Facts checked Nov 12, 2026 · Card details

  2. 2

    BMO CashBack World Elite Mastercard

    $588a year after fees
    • $727 cash back a year
    • Fees $139
    • 1.87% back on spending

    Welcome offer$40 cash back in each of your first 12 billing cycles when you spend $2,000 in the cycle (up to $480), and the $139 annual fee rebated in the first year.Ends Oct 31, 2027. Not part of the ranking; confirm on the issuer’s site.

    • Travel medical
    • Flight delay
    • Baggage
    • Baggage
    • Hotel burglary
    • Rental car
    • +4 more

    Facts checked Nov 12, 2026 · Card details

  3. 3

    BMO eclipse Visa Infinite Card

    $480a year after fees
    • 90,007 points a year at 0.67¢ (any travel or portal)
    • Fees $120
    • 1.54% back on spending

    Welcome offerUp to 70,000 BMO Rewards points, $20 a month in streaming credits for the first year, and no annual fee in the first year.Ends Oct 31, 2027. Not part of the ranking; confirm on the issuer’s site.

    • Travel medical
    • Rental car
    • Mobile device
    • Purchase protection
    • Extended warranty
    • Annual credit

    Facts checked Nov 12, 2026 · Card details

  4. 4

    BMO CashBack Mastercard

    $361a year after fees
    • $361 cash back a year
    • Fees $0
    • 0.93% back on spending

    Welcome offerUp to 5% cash back on up to $2,500 of purchases in your first 3 billing cycles (up to $125).Ends Oct 31, 2027. Not part of the ranking; confirm on the issuer’s site.

    • Purchase protection
    • Extended warranty

    Facts checked Nov 12, 2026 · Card details

  5. 5

    BMO Student CashBack Mastercard

    $361a year after fees
    • $361 cash back a year
    • Fees $0
    • 0.93% back on spending

    Welcome offerUp to 5% cash back on every purchase in your first 3 months.No end date stated · checked Nov 12, 2026. Not part of the ranking; confirm on the issuer’s site.

    • Purchase protection
    • Extended warranty

    Facts checked Nov 12, 2026 · Card details

  6. 6

    BMO Ascend World Elite Mastercard

    $295a year after fees
    • 66,671 points a year at 0.67¢ (any travel or portal)
    • Fees $150
    • 1.14% back on spending

    Welcome offerUp to 115,000 BMO Rewards points, a first-year annual fee waiver and up to $200 NEXUS credit in the first year.Ends Dec 8, 2026. Not part of the ranking; confirm on the issuer’s site.

    • Travel medical
    • Trip cancellation
    • Trip interruption
    • Flight delay
    • Baggage
    • Baggage
    • +6 more

    Facts checked Nov 12, 2026 · Card details

  7. 7

    BMO eclipse rise Visa Card

    $290a year after fees
    • 43,529 points a year at 0.67¢ (any travel or portal)
    • Fees $0
    • 0.75% back on spending

    Welcome offer20,000 BMO Rewards points when you spend $1,500 in the first 3 months.Ends Oct 31, 2027. Not part of the ranking; confirm on the issuer’s site.

    • Mobile device
    • Purchase protection
    • Extended warranty

    Facts checked Nov 12, 2026 · Card details

  8. 8

    BMO VIPorter Mastercard

    $267a year after fees
    • 23,757 points a year at 1.50¢ (its lowest stated rate)
    • Fees $89
    • 0.92% back on spending

    Welcome offerUp to 40,000 VIPorter points, a 35% Porter flight voucher, and no annual fee for the first year.Ends Oct 31, 2027. Not part of the ranking; confirm on the issuer’s site.

    • Travel medical
    • Flight delay
    • Baggage
    • Baggage
    • Rental car
    • Purchase protection
    • +5 more

    Facts checked Nov 12, 2026 · Card details

  9. 9

    BMO Blue Rewards World Elite Mastercard

    $167a year after fees
    • 47,493 points a year at 0.67¢ (its lowest stated rate)
    • Fees $150
    • 0.81% back on spending

    Welcome offerUp to 100,000 Blue Rewards points, a first-year annual fee rebate and a first-year NEXUS credit of up to $200.Ends Oct 31, 2027. Not part of the ranking; confirm on the issuer’s site.

    • Travel medical
    • Trip cancellation
    • Trip interruption
    • Flight delay
    • Baggage
    • Baggage
    • +7 more

    Facts checked Nov 12, 2026 · Card details

  10. 10

    BMO Blue Rewards Mastercard

    $158a year after fees
    • 23,747 points a year at 0.67¢ (its lowest stated rate)
    • Fees $0
    • 0.41% back on spending

    Welcome offer20,000 Blue Rewards points when you spend $1,500 in the first 110 days.Ends Oct 31, 2027. Not part of the ranking; confirm on the issuer’s site.

    • Purchase protection
    • Extended warranty

    Facts checked Nov 12, 2026 · Card details

  11. 11

    BMO eclipse Visa Infinite Privilege Card

    $105a year after fees
    • 105,655 points a year at 0.67¢ (any travel or portal)
    • Fees $599
    • 1.81% back on spending

    Welcome offerUp to 200,000 BMO Rewards points and up to $200 NEXUS credit in the first year.Ends Oct 31, 2027. Not part of the ranking; confirm on the issuer’s site.

    • Travel medical
    • Trip cancellation
    • Trip interruption
    • Flight delay
    • Baggage
    • Baggage
    • +7 more

    Facts checked Nov 12, 2026 · Card details

  12. 12

    BMO Preferred Rate Mastercard

    -$29a year after fees
    • Fees $29

    Welcome offer0% introductory rate on balance transfers posted in the first 18 statement periods (2% transfer fee).No end date stated · checked Nov 12, 2026. Not part of the ranking; confirm on the issuer’s site.

    • Purchase protection
    • Extended warranty

    Facts checked Nov 12, 2026 · Card details

  13. BMO U.S. Dollar Mastercard

    Not compared here: billed in USD: not comparable on Canadian-dollar spending.

    Facts checked Nov 12, 2026 · Card details

Does a BMO chequing plan rebate the annual fee?

With the BMO Premium Plan, BMO rebates the full annual fee on the Ascend World Elite, Blue Rewards World Elite, CashBack World Elite, eclipse Visa Infinite, VIPorter Mastercard and VIPorter World Mastercard, and part of the fee on the VIPorter World Elite Mastercard. With the Performance Plan, the rebate is up to $40 a year on the cards BMO lists, and the full fee on the Preferred Rate Mastercard.

On both plans the card needs $15,000 or more in qualifying purchases in the 12 months between annual fee billing dates, the card with the highest annual fee is the one rebated, and each plan gives one rebate per person that cannot be combined with another offer.

How do BMO cardholders activate their card?

A new card is activated at bmo.com/activate with the card number. BMO PaySmart lets cardholders pay off the card in interest-free instalments.

Compare BMO's cards with all 162 cards we've checked, from 24 banks, in the card finder

Sources

The figures and rules on this page come from these sources. About CardNorth.