BMO eclipse Visa Infinite Privilege review

The basics

The BMO eclipse Visa Infinite Privilege Card offers a number of exclusive benefits to cardholders, including:

• 5X the points. Earn 5x the BMO Points for every $1 spent on groceries, dining in and out, drugstore, gas and travel purchases. You'll earn 1 point per $1 spent on everything else.
• Welcome bonus. Get up to 200,000 welcome points, Visa Airport Companion Program membership & 6 Complimentary Lounge Passes, NEXUS Statement Credit, $200 Statement Credit and earn 25% more points when you add another cardholder. That's up to $2,300 in value.
  Plus, get 0% introductory interest rate on balance transfers for 12 months with a 2% transfer fee.
• Anniversary lifestyle credit. You’ll get a $200 anniversary lifestyle credit to spend however you like.
• Airport perks. Enroll in the Visa Airport Companion program, and get six free airport lounge visits annually. Enjoy discounts on Priority Security Lane, airport parking and valet services at eligible Canadian airports.
• Special benefits. Take advantage of hotel benefits, complimentary concierge services, wine & dining events and discounted access to golf clubs around the world.
• Mobile device insurance. Cash in on $1000 worth of coverage to help replace your mobile phone if it gets lost, stolen or accidentally damaged (conditions apply).
• Purchase protection. Take advantage of 90-day purchase protection, or extend your manufacturer’s warranty for up to one year total when you fully purchase items with your card.
• Several forms of travel insurance. Enjoy multiple forms of travel insurance, including travel medical, trip interruption/cancellation, flight delay and baggage coverage.

Category	Coverage
Travel medical	Up to $5 million for 22 consecutive days if you're under 65 years old (three days if you're 65 or older).
Trip cancellation	Up to $2,500 per passenger per incident (or $5,000 for all insured people combined)
Trip interruption or delay	Up to $5,000 per passenger per incident (or $25,000 for all insured people combined)
Flight and baggage delay	Up to $1,000 for all passengers combined per trip
Baggage theft, loss or damage	Up to $1,000 per trip ($2,500 per trip for all insured people combined)
Hotel burglary	Up to $2,500 per occurrence
Car rental theft or damage	Up to 48 days of consecutive coverage for vehicles with an MSRP of up to $85,000
Common carrier (plane, train, ship or bus)	Up to $500,000 per insured person (up to a maximum of $1,500,000 for all insured people)

The perks

• Extra points for additional users. Primary cardholders that add a supplementary card to their account will receive a 25% bonus earn rate.
• Easy points system. Use the points you earn to pay off your balance, book a getaway or treat yourself to something special.
• Fraud protection. Relax knowing that your account is protected with encryption and other security features like chip technology for online purchases. Lock/unlock your card, report it as stolen/missing or request a new card through BMO’s online or mobile apps.
• Tap and pay. Download the app for easy, contactless payment on your phone.
• Visa Secure. Enjoy peace of mind knowing that you won’t be charged for fraudulent activity on your account (conditions apply).
• Customer support. Reach out to BMO for help via phone, the bank’s online support tool or by visiting a nearby branch in person.
• Visa Infinite benefits. Connect to Visa Infinite Privilege Concierge services to get help with your travel plans, and get special offers for hotels, golf trips and wine & dining experiences.
• Save on groceries. Get six months of Instacart+ and a $10 monthly Instacart credit.

What to watch out for

• Very high annual fee. You’ll have to pay $599 per year to keep this card active, and there’s no first year fee waiver.
• Strict income requirements. You must have an individual income of $150,000 or a household income of $200,000 to apply for this credit card.
• Earn limits are capped. You can only earn accelerated points on the first $15,000 to $25,000 of spending per year (depending on the category) before you go back to earning 1 point per $1 on all categories.

What is the most prestigious credit card in Canada?

BMO eclipse Visa Infinite Privilege interest rates

Interest type	Interest rate
Purchase interest rate	21.99%
Cash advance rate	23.99% (21.99% for Quebec residents)
Standard balance transfer rate	23.99% (21.99% for Quebec residents)

What should I know before I apply?

Eligibility requirements

To apply for a BMO eclipse Visa Infinite Privilege, you’ll need to meet the following criteria:

• Be a Canadian citizen or permanent resident
• Be at least the age of majority in your province or territory (18 or 19)
• Earn a minimum individual income of $150,000 or a minimum household income of $200,000
• Have no bankruptcies on record for the past seven years

Besides providing an explanation for what you plan to use the credit account for, you will need to provide the following documents and information:

• Your name and contact information
• Your Social Insurance Number (SIN) and date of birth
• Basic financial and employment status information

How to apply

1. Visit BMO's website.
2. Select Apply now and complete the application, which includes providing your name, email address, Social Insurance Number and birth date.
3. Review and submit your application.

Is there a BMO eclipse Visa Infinite Privilege welcome bonus?

Yes, the BMO eclipse Visa Infinite Privilege comes with a sizeable welcome bonus (check out other BMO offers here).

Get up to 200,000 welcome points, Visa Airport Companion Program membership & 6 Complimentary Lounge Passes, NEXUS Statement Credit, $200 Statement Credit and earn 25% more points when you add another cardholder. That's up to $2,300 in value.
Plus, get 0% introductory interest rate on balance transfers for 12 months with a 2% transfer fee.

Bottom line

The BMO eclipse Visa Infinite Privilege Card is designed for high-income earners with an appetite for travel. It lets you earn accelerated rewards whenever you spend money on daily essentials like gas, groceries, dining, travel or drugstore purchases. It also comes with a generous welcome bonus, an anniversary lifestyle credit and tons of exclusive perks and benefits when you sign up.

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