BMO CashBack Mastercard
Quick answer: The BMO CashBack Mastercard carries a CA$0 annual fee and 4 catalogued benefits, 2 of them dollar credits worth CA$90 a year at face value; its best earning category is Groceries at 3x. Welcome offer: Earn 5% cash back on up to $2,500 in purchases in your first 3 months, up to $125 total cash back. MaxWorth is the only benefits tracker with hand-verified Canadian card data, and it never asks for a bank login.
Earning rates
| Category | Rate | True cash-back value |
|---|---|---|
| Groceries | 3x | 3% |
| Recurring Bills | 1x | 1% |
| Everything else | 0.5x | 0.5% |
True cash-back value = rate × MaxWorth's valuation of the card's points currency; see the methodology.
Credits (2)
$5 Monthly Instacart Credit
CA$60/yrEarn a $5 Instacart credit each month when you sign up with your eligible BMO credit card. Valid on orders of $35 or more. Benefit for eligible BMO credit cardholders is valid through October 31, 2027.
Instacart+ 3-Month Membership
CA$30/yrEnjoy three months of complimentary Instacart+ membership when you sign up with your BMO CashBack Mastercard. Instacart+ includes free delivery on orders over $35, reduced service fees, and exclusive savings.
Protections (2)
Purchase Protection
CA$50/yrCoverage up to $60,000 per account annually against accidental loss, damage, or theft for items purchased within 90 days using your BMO CashBack Mastercard.
Extended Warranty
CA$30/yrDoubles the manufacturer's original warranty period up to one additional year on eligible items purchased entirely with your BMO CashBack Mastercard.
How to track it
Add the BMO CashBack Mastercard to MaxWorth and every credit above appears with its cycle set; you get a push before each one expires and the card's annual-fee ROI runs from what you mark used. No Canadian bank account is ever connected. What MaxWorth covers for Canadian cards.
Other BMO Bank of Montreal cards
- BMO eclipse Visa Infinite Privilege Card · CA$599 · 0 benefits
- BMO VIPorter World Elite Mastercard · CA$199 · 15 benefits
- BMO Ascend World Elite Mastercard · CA$150 · 13 benefits
- BMO Blue Rewards World Elite Mastercard · CA$150 · 12 benefits
- BMO CashBack World Elite Mastercard · CA$120 · 10 benefits
- BMO eclipse Visa Infinite Card · CA$120 · 10 benefits
- BMO VIPorter Mastercard · CA$89 · 12 benefits
- BMO U.S. Dollar Mastercard · CA$49 · 3 benefits
Source: the issuer's published terms, entered and verified by hand in the MaxWorth database; amounts in CAD. Methodology.