on Bank of Montreal's website
The BMO CashBack Mastercard is a no-annual-fee, cash-back credit card. With the BMO CashBack Mastercard, you can earn 5% cash back for the first three months. This represents a maximum welcome bonus of $125 :
Then you get a cash back rate of:
You can also get a 0.99% welcome interest rate on balance transfers for nine months.
Finally, enjoy three months of Instacart+ membership and a $5 monthly Instacart credit when you sign up with your eligible BMO credit card.
Offer ends: 2026-06-30
All Spending
0.5x
Cashback pts per dollar
Groceries
3x
Recurring
1x
See how much you could earn with this card based on your spending.
Points Earned
24,960
Cashback/yr
Estimated Value
$250
After Fees
+$250
1st Year Value
$250
incl. welcome bonus
Purchase Protection
Included
Extended Warranty
+1 year(s)
5% cash back for the first three months.
3% on grocery purchases, 1% on recurring bill payments and 0.5% on other purchases.
Yes, it’s the highest rate with no annual fee.
A welcome interest rate of 0.99% for nine months, with a 2% fee on the transfer amount.
No, the BMO CashBack Mastercard has no annual fee.
Yes, additional cards are available free of charge.
Extended warranty and purchase insurance included.
*Conditions apply.
BMO is not responsible for updating the content of this site. For the most up-to-date information, please click on the Online Application link.
Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. Ratesopedia may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 Bank of Montreal. All trademarks are property of their respective owners.
