New cardmembers can earn 25,000 bonus points, worth roughly $168, by completing the steps below.
How to earn it
20,000 bonus pointsEarn 20,000 bonus points after meeting the welcome offer requirements outlined by BMO.
0.99% introductory balance transfer rate for 9 monthsComplete eligible balance transfers within the promotional period. A 2% balance transfer fee applies.
2,500 bonus points annuallyPay your full credit card balance on time for 12 consecutive months.
2,500 bonus points annuallyRedeem at least 12,000 BMO Rewards points annually toward your statement balance using Pay with Points.
Available to new BMO eclipse rise Visa cardholders who meet the offer requirements. Existing BMO Rewards credit cardholders and previous cardholders may not be eligible for the welcome offer. Terms and conditions apply.
How you earn
5 BMO Rewards points for every $2 spent on eligible recurring bill payments
5 BMO Rewards points for every $2 spent on eligible grocery purchases
5 BMO Rewards points for every $2 spent on eligible dining purchases
5 BMO Rewards points for every $2 spent on eligible takeout and food delivery purchases
1 BMO Rewards point for every $2 spent on all other eligible purchases
20,000 welcome bonus points after meeting the welcome offer requirements
Earn up to 5,000 bonus points annually through Pay Your Balance and Pay with Points bonus programs
Redeem BMO Rewards points for travel, statement credits, merchandise, gift cards, investments, and everyday purchases through Pay with Points
Built-in perks & coverage
No Annual Fee
Keep your costs low with no annual fee while still earning accelerated rewards on everyday spending categories.
Mobile Device Insurance
Receive up to $1,000 of coverage against accidental damage, loss, or theft for eligible mobile devices purchased with the card or financed through an eligible wireless plan.
Extended Warranty Insurance
Doubles the original manufacturer's warranty on eligible purchases for up to one additional year.
Purchase Security Insurance
Eligible purchases are protected against theft or accidental damage for 90 days from the purchase date.
Instacart+ Membership
Receive three complimentary months of Instacart+ membership when you enroll your eligible BMO credit card.
Monthly Instacart Credit
Receive a $5 monthly Instacart credit after enrolling your eligible card.
Annual Bonus Points Opportunity
Earn up to 5,000 bonus BMO Rewards points each year through eligible Pay Your Balance and Pay with Points activities.
BMO PaySmart Plan Benefit
Receive one complimentary BMO PaySmart installment plan on an eligible purchase of up to $1,000 every two years.
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Visa Secure
Additional online purchase protection and fraud security through Visa Secure.
BMO Alerts
Receive customizable alerts for purchases, international transactions, payment activity, and account security events.
Card Lock and Unlock
Instantly lock or unlock your card through BMO Digital Banking or the BMO Mobile Banking app.
Lost or Stolen Card Management
Report a lost or stolen card and request a replacement through BMO's digital banking tools.
Car Rental Discounts
Access savings and discounts on eligible rentals from participating car rental partners.
Flexible BMO Rewards Redemptions
Redeem points for travel, merchandise, gift cards, statement credits, investments, or everyday purchases through Pay with Points.
The verdict
What we like
No annual fee
Strong rewards on everyday spending categories
Mobile device insurance
Generous welcome bonus
Opportunity to earn annual bonus points
Instacart benefits and monthly credits
Worth noting
Low point redemption value
Foreign transaction fees apply
Limited insurance coverage
No included travel insurance
Bonus categories exclude gas and transit
Low base earn rate on non-category spending
Issuer terms apply. ClearFin is not affiliated with this provider. How we make money.
