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Best BMO credit cards in Canada

Compare BMO credit cards from cash back rewards and travel to Air Miles cards and more and apply for the best BMO credit cards by category.

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The best BMO credit cards cover a wide range of unique spending habits and financial situations. With balance transfer, travel, and cash back credit cards, BMO credit cards additionally offer SPC and AIR MILES versions as well as both BMO Mastercards and BMO Visa cards. These cards allow you to reap the rewards from your spending and receive perks that you can use, whether that is a discount at participating stores, travel rewards, complimentary insurance or low interest rates.

Our best BMO credit card comparison guide covers the different types of BMO Visa and BMO Mastercard credit cards that are available, as well as the benefits and rewards offered by each card. We also cover the eligibility requirements and how to apply for a BMO credit card, and finally we answer some frequently asked questions about the best BMO credit cards.

The best BMO credit card in Canada by category

Best BMO credit card for cash back:
BMO CashBack World Elite Mastercard

BMO CashBack World Elite Mastercard logo
Credit recommended (760-)
Apply now
on BMO's secure site
760
Min. credit score
$120 ongoing
Annual fee
Up to 5%
Cash back
10%
Welcome offer
This card offers a wide range of benefits including an attractive signup bonus and the opportunity to earn cash back. Get up to 10% cash back in your first 3 months and the $120 annual fee waived by your first anniversary. After the promotional period ends, continue to enjoy rewards at the regular rate. Earn 5% cash back on groceries, 4% on transit including ride sharing, taxis and public transportation, 3% on gas and electric vehicle charging, 2% on recurring bill payments and 1% unlimited cash back on all eligible purchases. Plus, cardholders can enjoy a host of travel and entertainment perks.
  • Earn rewards. Get up to 10% cash back in your first 3 months and the $120 annual fee waived by your first anniversary.
  • Earn more. Earn 5% cash back on groceries, 4% on transit including ride sharing, taxis and public transportation, 3% on gas and electric vehicle charging, 2% on recurring bill payments and 1% unlimited cash back on all eligible purchases.
  • Rental cars. Save up to 20% on National Car Rental and Alamo Rent A Car, and up to 5% on Enterprise Rent-A-Car at locations worldwide using the Car Rental Booking tool.
  • Get other perks. Get 15% off admission to Cirque du Soleil shows touring Canada, and 20% off resident shows in Las Vegas.
  • Travel coverage. You'll get Get up to $2 million Out-of-Province/Out-of-Country Emergency Medical benefits plus coverage for common carrier accidental death and dismemberment, flight delays and loss/damage/theft of baggage and eligible personal effects.
  • Annual fee. This card has an annual fee of $120.
  • Minimum redemption threshold. You'll need to accrue at least $50 in cash back before you can redeem.
  • Currency conversion. This card has a foreign transaction fee of 2.5%. This will apply on any overseas purchases or any purchases made online with an international retailer.
  • Minimum income requirement. You'll need to earn a personal income of at least $80,000, or a combined household income of at least $150,000 annually to apply.
Annual Fee $0 intro annual fee for the first year ($120 thereafter)
Purchase APR 20.99%
Cash Advance Rate 23.99% (21.99% for Quebec residents)
Balance transfer APR 23.99%
Welcome offer Get up to 10% cash back in your first 3 months and the $120 annual fee waived by your first anniversary.
Rewards Earn 5% cash back on groceries, 4% on transit including ride sharing, taxis and public transportation, 3% on gas and electric vehicle charging, 2% on recurring bill payments and 1% unlimited cash back on all eligible purchases.

Best BMO travel card:
BMO Ascend World Elite Mastercard

BMO Ascend World Elite Mastercard logo
Credit recommended (760-)
Apply now
on BMO's secure site
760
Min. credit score
$150 ongoing
Annual fee
Up to 5x
Points
90,000
Points welcome offer
Designed with the frequent traveller in mind, the BMO Ascend World Elite Mastercard lets you earn reward points that can be redeemed for free merchandise or to help pay for your next trip.Get 5 BMO Rewards points per $1 spent on eligible travel purchases, 3 points per $1 spent on eligible dining and entertainment purchases, and 1 point per $1 spent on all other eligible purchases. The annual fee of $150 can be more than offset by travel benefits such as complimentary travel insurance, lounge access and an attractive signup bonus.Get up to 90,000 points and get the $150 annual fee waived by your first anniversary..
  • Signup bonus. Get up to 90,000 points and get the $150 annual fee waived by your first anniversary..
  • Rental car collision damage insurance. Get complimentary Collision Damage Waiver benefits (MSRP of up to $65,000).
  • Reward points. Get 5 BMO Rewards points per $1 spent on eligible travel purchases, 3 points per $1 spent on eligible dining and entertainment purchases, and 1 point per $1 spent on all other eligible purchases.
  • Travel insurance coverage. Cardholders under 65 years of age get up to $2 million Out-of-Province/Out-of-Country Emergency Medical benefits for unlimited trips per year up to 21 days per trip. Other trip assistance services include emergency cash transfers (subject to available credit up to a maximum of $5,000) as well as coverage for lost/stolen/damaged baggage, trip cancellations/delays/interruptions, flight delays and lost/stolen travel documents and tickets. Cardholders aged 65-74 years old are eligible for separate coverage at an additional cost.
  • Extended warranty and purchase protection. Get complimentary purchase protection and extended warranty insurance on many of your card purchases. This means that eligible items are automatically covered against theft or damage for 90 days from the date of purchase. Additionally, the original manufacturer's warranty for eligible items is extended for up to 1 additional year.
  • Annual fee. This card has an annual fee of $150.
  • Foreign transaction fee. This card has a foreign transaction fee of 2.5%This will apply on any overseas purchases or any purchases made online with an international retailer.
  • Eligibility requirements. You'll need to earn a personal income of at least $80,000 or a combined household income of at least $150,000 annually.
Annual Fee $0 intro annual fee for the first year ($150 thereafter)
Purchase APR 20.99%
Cash Advance Rate 23.99%
Balance transfer APR 23.99%
Welcome offer Get up to 90,000 points and get the $150 annual fee waived by your first anniversary.
Rewards Get 5 BMO Rewards points per $1 spent on eligible travel purchases, 3 points per $1 spent on eligible dining and entertainment purchases, and 1 point per $1 spent on all other eligible purchases.

Best BMO credit card for earning AIR MILES:
BMO AIR MILES World Elite Mastercard

BMO AIR MILES World Elite Mastercard logo
Credit recommended (760-)
Apply now
on BMO's secure site
760
Min. credit score
$120 ongoing
Annual fee
Up to 3x
Miles
2,000
Miles welcome offer
The is a solid choice if you're goal is build up AIR MILES with your everyday purchases. You can earn accelerated AIR MILES, which can be redeemed for travel perks and merchandise. Get 3 Miles for every $12 spent at participating AIR MILES Reward Partners, 2 Miles for every $12 spent at any eligible grocery store and 1 AIR MILE for every $12 spent on eligible purchases. Earn a bonus of up to 2,000 AIR MILES. Terms apply. Plus, get the annual fee of $120 waived by your first anniversary.
  • Get bonus Miles. Earn a bonus of up to 2,000 AIR MILES. Terms apply. Plus, get the annual fee of $120 waived by your first anniversary.
  • Earn Miles. Earn mile per $10 spend in purchases.
  • Travel coverage. Get peace of mind with a wide range of travel insurance benefits including up to $2,000,000 Out-of-Province/Out-of-Country Emergency Medical Protection as well as coverage for delayed flights, trip cancellations, interruptions and delays, rental car collision damage and baggage loss, theft or damage.
  • Car rental. Get up to a 25% discount at National Car Rental and Alamo Rent A Car locations with complimentary Collision Damage Waiver benefits (MSRP of up to $65,000).
  • Airport lounge access. Use less Miles with an exclusive 25% discount on one worldwide AIR MILES flight redemption during the calendar year. Plus, get complimentary membership in Mastercard Travel Pass provided by DragonPass..
  • Annual fee. This card has an annual fee of $0 in the first year and $120 thereafter.
  • Currency conversion. This card has a foreign transaction fee of 2.5%. This will apply on any overseas purchases or any purchases made online with an international retailer.
  • Minimum income requirement. You'll need to earn a personal income of at least $80,000, or a combined household income of at least $150,000 annually.
Annual Fee $0 intro annual fee for the first year ($120 thereafter)
Purchase APR 20.99%
Cash Advance Rate 23.99% (21.99% for Quebec residents)
Balance transfer APR 23.99%
Welcome offer Earn a bonus of up to 2,000 AIR MILES. Terms apply. Plus, get the annual fee of $120 waived by your first anniversary.
Rewards Get 3 Miles for every $12 spent at participating AIR MILES Reward Partners, 2 Miles for every $12 spent at any eligible grocery store and 1 AIR MILE for every $12 spent on eligible purchases.

Best BMO premium lifestyle card:
BMO eclipse Visa Infinite Privilege

BMO eclipse Visa Infinite Privilege logo
Credit recommended (760-)
Apply now
on BMO's secure site
760
Min. credit score
$499
Annual fee
Up to 5x
Points
120,000
Points welcome offer
From everyday purchases to travel plans, the BMO eclipse Visa Infinite Privilege benefits every area of your lifestyle. To begin, you'll get a $200 lifestyle credit annually, which you can spend however you like. Earn 5x the BMO Points for every $1 spent on groceries, dining in and out, drugstore purchases, gas and travel. You'll earn 1 point per $1 spent on everything else. The card also comes with and impressive sign up bonus: Get up to 120,000 welcome points. Earn 50,000 points after you spend a minimum of $6,000 within the first 3 months, plus earn 30,000 points when you spend at least $30,000 in the first 6 months. Get an additional 40,000 points when you spend at least $75,000 by your first anniversary. You'll also have access to a a host of travel insurance coverage and benefits like airport lounge access.
  • Earn accelerated rewards. Earn 5x the BMO Points for every $1 spent on groceries, dining in and out, drugstore purchases, gas and travel. You'll earn 1 point per $1 spent on everything else.
  • Annual lifestyle credit. You'll receive a get a $200 lifestyle credit annually to spend however you like.
  • Sign up bonus. Get up to 120,000 welcome points. Earn 50,000 points after you spend a minimum of $6,000 within the first 3 months, plus earn 30,000 points when you spend at least $30,000 in the first 6 months. Get an additional 40,000 points when you spend at least $75,000 by your first anniversary.
  • Additional cardholder benefits. Primary cardholders that add a supplementary card to their account will receive a 25% bonus earn rate.
  • Travel and entertainment benefits. You'll get Priority Pass membership with 6 annual airport lounge visits, Priority Security Lane/airport parking/valet service discounts at select Canadian airports, use of the Visa Infinite Luxury Hotel Collection including exclusive benefits like free breakfast and access to the Visa Infinite Privilege Concierge. You can also take advantage of special dining and wine events with Visa Infinite Dining Series and Visa Infinite Wine Country, and get Troon Rewards Golf benefits including discounts at over 95 resorts and courses worldwide and access to some private clubs.
  • Purchase coverage. Get up to 120 days of coverage from the date of purchase for eligible items against theft or damage. Plus, your Extended Warranty Insurance will triple the manufacturer’s warranty of items purchased on the card up to a maximum of 2 additional years.
  • Travel insurance. Get a comprehensive suite of travel coverage including Out-of-Province/Country Emergency Medical Insurance, Common Carrier Insurance, Car Rental Collision/Loss Damage Insurance, Trip Cancellation/Trip Interruption Insurance, Flight Delay coverage, Baggage Delay/Theft/Damage Insurance and even more.
  • Annual fee. You'll have to pay an annual fee of $499 to maintain this card.
  • Additional cardholder fee. Each additional cardholder will cost a $99 fee.
  • Currency conversion fee. You'll be charged a currency conversion rate of 2.5%.
  • Purchase interest rate. The purchase interest rate for this card is relatively high at 20.99%.
  • Minimum income requirement. In order to be eligible for this card, you'll need a personal income of $150,000 or a household income of $200,000.
Annual Fee $499
Purchase APR 20.99%
Cash Advance Rate 23.99%
Balance transfer APR 23.99%
Welcome offer Get up to 120,000 welcome points. Earn 50,000 points after you spend a minimum of $6,000 within the first 3 months, plus earn 30,000 points when you spend at least $30,000 in the first 6 months. Get an additional 40,000 points when you spend at least $75,000 by your first anniversary.
Rewards Earn 5x the BMO Points for every $1 spent on groceries, dining in and out, drugstore purchases, gas and travel. You'll earn 1 point per $1 spent on everything else.

Best BMO credit card for low interest:
BMO Preferred Rate Mastercard

BMO Preferred Rate Mastercard logo
Credit recommended (660-)
Apply now
on BMO's secure site
660
Min. credit score
$29 ongoing
Annual fee
13.99%
Purchase Rate
15.99%
Cash Advance Rate
The BMO Preferred Rate Mastercard is a simple, no-frills credit card with a low interest rate of 13.99% for purchases and 15.99% for cash advances. You won't earn any rewards points or cash back, but this card's low rate can help you save money and pay down your balance faster. Get a rate of 0.99% on balance transfers for 9 months with a 2% transfer fee. Plus, get the $29 annual fee waived by your first anniversary.
  • Interest rate. Low APR of 13.99% for purchases and 15.99% for cash advances.
  • Earn rewards. Get a rate of 0.99% on balance transfers for 9 months with a 2% transfer fee. Plus, get the $29 annual fee waived by your first anniversary.
  • Purchase coverage. Your purchases are covered with Purchase Protection, Extended Warranty coverage and Zero Liability protection.
  • Balance transfer offer. You can trasfer a balance from another non-BMO credit card and pay only 0.99% interest on that amount for 9 months.
  • Annual fee. This card has an annual fee of $29.
  • Currency conversion. This card has a foreign transaction fee of 2.5%.
  • No extras. The BMO Preferred Rate Mastercard doesn't come with any cash back, rewards or other perks like complimentary travel insurance or car rental benefits.
  • Balance transfer fee. This card charges a balance transfer fee of 2%.
Annual fee $0 intro annual fee for the first year ($29 thereafter)
Purchase APR 13.99%
Balance transfer APR 0.99% intro for the first 9 months (then 15.99% )
Balance transfer fee 2%
Rewards N/A

Best BMO balance transfer credit card:
BMO AIR MILES Mastercard

BMO AIR MILES Mastercard logo
Credit recommended (660-)
Apply now
on BMO's secure site
660
Min. credit score
$0
Annual fee
9 months
0.99% intro transfer APR
Up to 3x
Miles
With the BMO AIR MILES Mastercard, you'll earn Air Miles while enjoying a $0 annual fee. Get 3x the Miles for every $25 spent at participating AIR MILES Partners, 2x the Miles for every $25 spent at any eligible grocery store, and 1 AIR MILE for every $25 spent elsewhere. Plus, this card comes with an appealing balance transfer offer. Get a rate of 0.99% on balance transfers for 9 months. A 2% transfer fee will be charged for each transferred balance.
  • Balance transfer. Get a rate of 0.99% on balance transfers for 9 months. A 2% transfer fee will be charged for each transferred balance.
  • Signup bonus. Get 800 AIR MILES Bonus Miles (enough for $80 towards purchases with AIR MILES Cash).
  • Annual fee. This card has a $0 annual fee.
  • Additional cardholders. You can get an additional card for $0.
  • Earn rewards. Get 3x the Miles for every $25 spent at participating AIR MILES Partners, 2x the Miles for every $25 spent at any eligible grocery store, and 1 AIR MILE for every $25 spent elsewhere.
  • Earn even more. Get 2X the points by presenting your BMO Air Miles Mastercard and your Air Miles Card at participating Air Miles Partners.
  • Rental car. Save up to 20% off rentals at participating National Car Rental and Alamo Rent a Car locations, and up to 5% on Enterprise Rent-A-Car at locations worldwide using the Car Rental Booking tool.
  • Foreign currency. You'll face a foreign transaction fee of 2.5% every time you use your card overseas or online with international retailers.
  • Balance transfer fee. Should you take advantage of the balance transfer offer, you'll face a balance transfer fee of 2%.
Annual fee $0
Purchase APR 20.99%
Balance transfer APR 0.99% intro for the first 9 months (then 22.99% )
Balance transfer fee 2%
Rewards Get 3x the Miles for every $25 spent at participating AIR MILES Partners, 2x the Miles for every $25 spent at any eligible grocery store, and 1 AIR MILE for every $25 spent elsewhere.

Best BMO student credit card:
BMO CashBack Mastercard For Students

BMO CashBack Mastercard For Students logo
Credit recommended (660-)
Apply now
on BMO's secure site
660
Min. credit score
$0
Annual fee
Up to 3%
Cash back
5%
Welcome offer
The BMO CashBack Mastercard For Students is cash back credit card designed specifically for students. Earn 3% cash back on groceries, 1% on recurring bill payments and 0.5% on all other eligible purchases. You'll earn even more with its sign up bonus. Get up to 5% cash back in the first three months (up to a maximum spend of $2,500, and earn 3% cash back on groceries, 1% on recurring bill payments and 0.5% on all other eligible purchases thereafter).

All that comes with a $0 annual fee.
  • Annual fee. This card comes with a $0 annual fee.
  • Earn cashback. Earn 3% cash back on groceries, 1% on recurring bill payments and 0.5% on all other eligible purchases.
  • Car rental discount. Get up to 25% off on car rentals with National Car Rental and Alamo Rent A Car.
  • Purchase protection. Eligible items charged to your card are automatically insured against theft and damage. Plus, double the original manufacturer's warranty on eligible items purchased with your card by up to 1 additional year.
  • Low return on other purchases. You'll only receive 0.5 cash back on all other categories of spending.
  • Missed payment fee. You'll have to pay a 24.99% rate on any missed payments.
  • Currency conversion. You'll have to pay a foreign transaction fee of 2.5% on any overseas purchases.
Annual Fee $0
Purchase APR 20.99%
Cash Advance Rate 22.99% (21.99% for Quebec residents)
Balance transfer APR 22.99%
Welcome offer Get up to 5% cash back in the first three months (up to a maximum spend of $2,500, and earn 3% cash back on groceries, 1% on recurring bill payments and 0.5% on all other eligible purchases thereafter).

Rewards Earn 3% cash back on groceries, 1% on recurring bill payments and 0.5% on all other eligible purchases.

Best BMO no-fee business card for cash back:
BMO Cashback Business Mastercard

BMO Cashback Business Mastercard logo
Credit recommended (650-)
Read review
650
Min. credit score
$0
Annual fee
Up to 1.75%
Cash back
10%
Welcome offer
With an appealing signup bonus and a $0 annual fee, the BMO Cashback Business Mastercard can be a great choice if you're looking to minimize expenses. Earn 1.5% cash back on eligible gas purchases, office supplies and on cell phone and internet recurring payments, earn 1.75% cash back at participating Shell stations, and earn 0.75% on all other eligible card purchases. Get 10% cash back on gas, office supplies, cell phone bills and internet bills for 3 months. Valid until October 31, 2024. Plus, get a 0% introductory interest rate on balance transfers for 9 months with a 3% transfer fee. Valid until December 13, 2024. Plus, this credit card can be used at Costco locations across Canada.
  • Annual fee. This card's annual fee is $0.
  • Earn cash back. Earn 1.5% cash back on eligible gas purchases, office supplies and on cell phone and internet recurring payments, earn 1.75% cash back at participating Shell stations, and earn 0.75% on all other eligible card purchases.
  • Enjoy other perks. Enjoy 15% off admission to Cirque du Soleil shows touring Canada and 20% off resident shows in Las Vegas.
  • Earn more. Get 10% cash back on gas, office supplies, cell phone bills and internet bills for 3 months. Valid until October 31, 2024. Plus, get a 0% introductory interest rate on balance transfers for 9 months with a 3% transfer fee. Valid until December 13, 2024.
  • Purchase coverage. Eligible items charged to your card can receive purchase protection and an extended manufacturer's warranty.
  • Costco accessible. You can use your BMO card at Costco locations across Canada.
  • Minimal perks. You won't get many of the benefits that come with other business credit cards on the market such as travel insurance, expense management tools and rewards points that can be redeemed for free flights and hotel stays.
  • Cash advance rate. You'll have to pay a 22.99% interest rate on any cash advances.
Annual Fee $0
Purchase APR 19.99%
Cash Advance Rate 22.99%
Balance transfer APR 0% intro for the first 9 months (then 22.99% )
Welcome offer Get 10% cash back on gas, office supplies, cell phone bills and internet bills for 3 months. Valid until October 31, 2024. Plus, get a 0% introductory interest rate on balance transfers for 9 months with a 3% transfer fee. Valid until December 13, 2024.
Rewards Earn 1.5% cash back on eligible gas purchases, office supplies and on cell phone and internet recurring payments, earn 1.75% cash back at participating Shell stations, and earn 0.75% on all other eligible card purchases.

Types of BMO credit cards available

BMO offers a wide range of credit cards, including rewards, travel, balance transfer, no annual fee, student, Air Miles and cash back credit cards. BMO also offers BMO Mastercard and BMO Visa credit cards. Here’s a summary of each of the main types of BMO credit cards you can choose from:

  • BMO Balance Transfer credit cards

BMO offers a few low interest rate credit cards that typically have $0 or low annual fees, and competitive introductory interest rates for balance transfers. These types of credit cards come with Purchase Security and Extended Warranty on most purchases.

  • BMO Travel Rewards credit cards

You can earn plenty of travel related perks with BMO Travel Rewards credit cards, including bonus welcome points, points per dollar spent, zero or low annual fees, complimentary travel and medical insurance and luxury travel perks like airport lounge access. You can use your points toward merchandise or travel. You can also purchase prepaid travel credit cards, which you can load with money before you head out on your trip.

  • BMO Cash Back credit cards

Choose from a selection of cash back credit cards that offer perks like introductory rewards points and higher introductory cash back amounts, points per dollar spent, Air Miles reward miles or exclusive deals and access to tickets, movie premiers and sports games. Additionally, all cash back credit cards come with Purchase Security and Extended Warranty.

  • BMO No Annual Fee credit cards

BMO offers a selection of no annual fee credit cards that include cash back opportunities, Air Miles, SPC or BMO rewards.

  • BMO Air Miles credit cards

BMO offers a range of Air Miles credit cards that allow you to earn Air Miles rewards miles per dollar spent on eligible purchases. Many of these cards give new customers bonus Air Miles rewards miles, as well as complimentary travel insurance and zero or low annual fees. BMO also offer a joint Air Miles SPC credit card that allows you to benefit from collecting both Air Miles as well as SPC discounts at select stores across Canada.

  • SPC cards

SPC cards are catered towards students, offering anywhere between 10-15% off purchases at hundreds of retailers across Canada. These student cards come with no annual fees, as well as Purchase Security, Extended Warranty and exclusive deals and access to movie premiers, sports games and concert tickets.

  • BMO Business credit cards

BMO offers small business credit cards which can help you rack up BMO rewards points, Air Miles or earn cash back. These cards range in terms of annual fees and interest rates, so browse through the selection before you settle on the card that is right for you and your business.

  • BMO US dollar credit cards

BMO offers a US dollar credit card that allows you to avoid paying foreign currency conversion fees by charging you directly in US dollars on your credit card. This card comes with an annual fee, however if you spend over $1,000 US dollars in the calendar year, the annual fee for the following year will be rebated onto your credit card.

The benefits of banking with BMO

Some of the features you can enjoy with a BMO credit card include:

  • BMO rewards

With a BMO credit card, you typically earn 1 point per $1-2 spent on your credit card in BMO Rewards. You can then use your BMO rewards points to purchase merchandise through the online store or travel related products or services.

  • BMO Internet and mobile banking

If you have a BMO credit card, you can access your account through the secure BMO Online Banking link located on the website. Furthermore, you can download the BMO app to your smartphone and access your accounts that way too. With these convenient options, you can manage your account, pay bills, send transfers to other accounts in Canada and overseas, request a credit limit increase or apply for another BMO product at any time online or via the handy mobile app.

  • BMO credit card complimentary extras

All BMO credit cards come with purchase security and extended warranty protection. Premium cards, including black, gold, platinum and elite credit cards, come with additional complimentary extras which may include travel insurance, car rental and collision insurance, airport lounge access and other luxury travel benefits.

  • BMO credit cards security

BMO has a few different security protocols in place including chip technology and MasterCard Secure Code, which offers an additional layer of security when you make purchases online. Furthermore, BMO contact you immediately if there is any unusual or suspicious activity on your credit card account. If you are the victim of fraud, BMO have a team on hand that help you restore your bank balance and financial information.

How to apply for a BMO credit card

If you’ve done your due diligence and have decided you’d like to apply for a BMO credit card, you can begin your secure online application by clicking on the green “Go to site” button. This button will take you to a secure BMO credit card application page, where you will be able to begin the application process if you have all of the necessary documents and details on hand.

Before you get started on your application, ensure that you meet the eligibility requirements for the specific credit card that you are interested in. Eligibility requirements typically vary between credit cards and providers, but generally include the following:

Eligibility requirements

  • How old are you? You should be at least the age of majority in your province or territory to apply for your own credit card, which is typically 18 years old.
  • What is your Canadian residency status? You usually need to be a Canadian citizen or a permanent resident of Canada to apply for a Canadian credit card.
  • What is your credit history like? Ideally, you should have a good to excellent credit score and no recent evidence of defaults or bankruptcy. Some cards will accept fair to poor credit, however check with the provider on the specific card before you apply if you have less than good credit.

Information you will need for your application

If you meet the eligibility requirements for the BMO credit card, you can proceed with your application by collecting the following information:

  • Personal information. You’ll need to provide personal information such as your address and your contact information. You’ll also need to verify your identity by providing an accepted form of identification, such as your driver’s licence number or passport number.
  • Financial information. You will also need to detail information about your current employment, income and assets like shares or property and your employer’s contact details. If you’re self-employed, you may need to provide information regarding your expenses, liabilities and your accountant’s contact information.

BMO offer a variety of different credit cards that suit unique financial situations and spending habits. Do your research and find a credit card that you can reap rewards from, whether that is collecting Air Miles or paying a low interest rate.

Compare BMO Visa and BMO Mastercard credit cards

1 - 10 of 15
Name Product Welcome Offer Rewards Purchase Interest Rate Annual Fee Min. Credit Score Description
BMO CashBack Mastercard
5% cash back
Up to 3% cash back
20.99%
$0
Min. recommended credit score: 660
Get 5% cash back on all eligible purchases in the first three months of card membership (up to max. spend of $2,500). Plus, get a rate of 0.99% on balance transfers for 9 months. A 2% fee applies to transferred balances.
BMO eclipse rise Visa Card
25,000
Up to 5 points per $2 spent
20.99%
$0
Min. recommended credit score: 660
Earn up to 25,000 bonus points.
BMO Preferred Rate Mastercard
0.99% rate on balance transfers for 9 months
N/A
13.99%
$0 annual fee for the first year ($29 thereafter)
Min. recommended credit score: 660
Get a rate of 0.99% on balance transfers for 9 months with a 2% transfer fee. Plus, get the $29 annual fee waived by your first anniversary.
BMO Ascend World Elite Mastercard
90,000 points
Up to 5x points per $1 spent
20.99%
$0 annual fee for the first year ($150 thereafter)
Min. recommended credit score: 760
Get up to 90,000 points and get the $150 annual fee waived by your first anniversary.
BMO eclipse Visa Infinite Privilege
120,000 points
5 points per $1 spent
20.99%
$499
Min. recommended credit score: 760
Get up to 120,000 welcome points.
BMO CashBack World Elite Mastercard
Up to 10% cash back
1% cash back
20.99%
$0 annual fee for the first year ($120 thereafter)
Min. recommended credit score: 760
Get up to 10% cash back in your first 3 months and the $120 annual fee waived by your first anniversary.
BMO eclipse Visa Infinite
60,000 points
Up to 5 points per $1 spent
20.99%
$0 annual fee for the first year ($120 thereafter)
Min. recommended credit score: 760
Get up to 60,000 points, a $50 lifestyle credit and the $120 annual fee waived by your first anniversary.
BMO U.S. Dollar Mastercard
N/A
N/A
20.99%
$49 USD
Min. recommended credit score: 725
When your purchases total US$1,000 or more in a year, the next year's annual fee (US$49) is rebated to your card.
BMO AIR MILES World Elite Mastercard
2,000 Miles
Up to 3 Miles for every $12 spent
20.99%
$0 annual fee for the first year ($120 thereafter)
Min. recommended credit score: 760
Earn a bonus of up to 2,000 AIR MILES. Terms apply. Plus, get the annual fee of $120 waived by your first anniversary.
BMO AIR MILES Mastercard
800 Miles
Up to 3x Air Miles for every $25 spent
20.99%
$0
Min. recommended credit score: 660
Get 800 AIR MILES Bonus Miles (enough for $80 towards purchases with AIR MILES Cash). Get a rate of 0.99% on balance transfers for 9 months. A 2% fee applies to transferred balances.
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BMO credit cards FAQs

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