Shell CashBack Mastercard from BMO Review

30-second take

• Think about this card if you want gas rebates and a decent cash back return.

• Choose something else if you’re looking for more benefits or a low interest rate.

• There are no income requirements to qualify for this card.

The basics

If you want a fee-free card that lets you earn extra cash back on gas, then the Shell CashBack Mastercard from BMO could be the right fit for you.

• No annual fee. Save money with no annual fee.
• Cash back rewards.Get 1.5% cash back at participating Shell locations in Canada (up to a maximum spending of $2,500 in any monthly billing period), and get 0.5% cash back everywhere else.
• Welcome offer. Get $50 in cash back bonuses once you charge your first eligible purchase to your card. Plus, earn 1% cash back for the first 6 months on all eligible purchases.
• Purchase protection. Rest easy knowing your purchases are insured against damage with extended warranty coverage.

The perks

• Instant pay. Tap to pay on the go with Mastercard contactless payment and Apple Pay.
• Enhanced security. Protect your online purchases with Mastercard SecureCode.
• Extra cards for free. Grab as many extra cards as you need for no added fee.

What to watch out for

• Low return. You’ll only earn 0.5% cash back on purchases made outside of Shell.
• High interest. You’ll pay 19.99% on outstanding balances and 22.99% on cash advances.
• No travel insurance. The card doesn’t offer complimentary travel or health insurance coverage.

What should I know before I apply

• Eligibility requirements

  To apply for a Shell CashBack Mastercard from BMO, you need to meet the following criteria:

  • Be a Canadian citizen or permanent resident who is at least 18 years old (19 in some provinces)

• Required documents and information

  • Your name, residential status and contact information.
  • Your social insurance number and date of birth.
  • Your email address and phone number.

How to apply

1. Click “Go to site” on this page to be directed to the Shell CashBack Mastercard from BMO application.
2. Complete the application, which includes providing your name, email address, social insurance number and birth date.
3. Review and submit your application.

Bottom line

The Shell CashBack Mastercard from BMO is a good fit for loyal Shell customers looking for a fee-free card that offers cash back. It comes with a welcome offer and basic insurance – but provides few additional benefits.

Frequently asked questions about the Shell CashBack Mastercard from BMO

• Does the Shell CashBack MasterCard from BMO have a welcome offer?

  Yes, depending on when you sign up. Get $50 in cash back bonuses once you charge your first eligible purchase to your card. Plus, earn 1% cash back for the first 6 months on all eligible purchases.

• Will my cash back expire?

  No, the money you earn will continue to hold value as long as your account is active and in good standing.

• Can I apply online?

  Yes, you can apply by visiting the BMO bank website, or you can simply click “Go to Site” in the table above to be redirected to the application.

Pictures: bmo.com/ca