The BMO Blue Rewards Mastercard is a no-fee entry-level rewards card in the BMO lineup. It is a basic option for Canadians who want to collect BMO rewards without paying an annual fee.
Quick Verdict
Best for: BMO customers looking for a free, simple rewards card.
Not ideal for: people who want higher earn rates, better travel perks, or cash back.
Key Card Details
| Feature | Detail |
|---|---|
| Annual fee | $0 |
| Purchase interest rate | 20.99% |
| Cash advance rate | 23.99% |
| Foreign transaction fee | 2.5% |
| Income requirement | None stated |
| Network | Mastercard |
| Rewards | BMO Rewards |
Verify current terms, earn rates, and welcome bonuses at bmo.com before applying.
Alternatives
Bottom Line
The BMO Blue Rewards Mastercard is mainly a no-fee entry point into BMO Rewards. It is useful as a starter or backup card, but stronger value usually exists elsewhere in the BMO lineup.