Cash back credit cards
Keep it simple with a cash back credit card! You’ll earn cash back every time you use your card, which you can then put into your bank account or online investment account or redeem as a statement credit. It’s that easy.
Welcome offer: Get up to 10% cash back in your first 3 months and earn an additional $75 cash back bonus when you spend $25,000 in your first year. Plus, we'll waive the $120 annual fee in the first year.**
Minimum $80,000.00 (individual) or $150,000.00 (household) annual income required
How to collect your cash back
Redeem your cash back any time for as low as $1 or set up an automatic recurring deposit starting at $25.- Easily check your cash back balance as it grows with BMO Online and Mobile banking.
- Get your cash back rewards by either depositing them into a BMO chequing, savings or InvestorLine account or turning them into a statement credit on your cash back card.
- Choose how often you want to collect your money: when you’ve earned a recurring, specific amount (e.g. every time you earn $25), or whenever you want a one-time lump sum.
Cash backFrequently Asked Questions
Cash back credit cards give you back a percentage of your spending, which you can use to pay down your credit card balance (as a credit statement) or deposit it into your bank account.
