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No annual fee credit cards

If you like keeping your credit card costs low – or having no costs at all – then a credit card with no annual fee is the way to go. Even better, find a no fee card that gives you something back in the form of rewards.
  • Visa
  • No Fee

Welcome offer: You deserve to be rewarded! Get   and a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee.91,§§ Plus, earn up to every year!94,95

  • $0

    annual fee8

  • 21.99%

    for purchases8

  • 23.99%

    for cash advances8

    (21.99%

    for Quebec residents8

    )
  • Cash Back
  • No Fee

Welcome offer: Get up to 5% cash back in your first 3 months‡‡ and a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee.§§

  • $0

    annual fee8

  • 21.99%

    for purchases8

  • 23.99%

    for cash advances8

    (21.99%

    for Quebec residents8

    )
  • AIR MILES
  • No Fee

Welcome offer: Get 1,200 AIR MILES Bonus Miles (that’s enough for $120 towards purchases with AIR MILES Cash) and a 0.99% introductory interest rate on balance transfers for 9 months with a 2% transfer fee.§

  • $0

    annual fee8

  • 21.99%

    for purchases8

  • 23.99%

    for cash advances8

    (21.99%

    for Quebec residents8

    )

What’s the right rewards program for you?

Let’s keep it simple. Easily earn cash on all your purchases. Redeem your cash back how and when it best suits you.
  • Conveniently cash out – You can choose if you want your cash as a recurring payment or as a lump sum. Redeem any time for as low as $1 or set up an automatic recurring deposit starting at $25.

  • Feed the piggy bank – Choose to deposit your cash back into your BMO chequing, savings or InvestorLine account.

  • Put it back on your card – Redeem your cash back as a statement credit.

No feeFrequently asked questions

 
  • If you’re looking to save money on annual fees and still enjoy benefits like cash back or AIR MILES Reward Miles, a BMO no fee credit card could be the best credit card for you.