BMO CashBack Mastercard
Skip for nowWhat the roles mean
- A no-fee grocery card: 3% cash back on the first $500 of groceries a month
Welcome offer now
Earn 5% cash back in the first 3 months — up to $125.
Ends October 31, 2027.
Checked on BMO's own page October 21, 2026. See BMO's page
What it earns in a year
$318 back a year
No annual fee to take off.
Based on $30,000 a year of spending ($9,600 groceries, $3,000 gas, $3,000 dining…). Welcome offer not included.
Try it with your own spending →
- Groceries (First $500 a month, then 0.5%): 3% back.
- Bills & subscriptions (First $500 a month, then 0.5%): 1% back.
- Everything else: 0.5% back.
Highlighted = use this card here.
How to apply for the BMO CashBack Mastercard
Check first
- Bonus for new cardholders only: not if you hold or held this card, or switch in from another BMO card
- Keep it 90 days: the welcome cash back is cancelled if you close the card sooner
- Check you qualify Income: $15,000 personal. You need to live in Canada and be the age of majority in your province.
- Have this ready Your address and how long you've lived there, your employer and yearly income, and your monthly rent or mortgage. Your SIN is optional for a credit card; you can leave it blank.
- Expect a credit check Applying adds a hard inquiry to your credit report, which lowers your score a little for a few months. Space applications about 90 days apart.
- Apply on BMO's own site Apply online from the bank's product page, where the offer above is shown. This isn't an affiliate link: we earn nothing if you apply.Apply on BMO's site →
- After you're approved Put the spending needed for the welcome offer on the card before the deadline, and pay the full balance every month.
How to use it
- Welcome offer: 5% back for the first 3 months, up to $125 ($500 groceries + $500 bills + $1,500 other). Apply by October 31, 2027
- Groceries: 3% on the first $500 a month, then 0.5%
- Recurring bills: 1% on the first $500 a month
- Everything else: 0.5%. Use another card
- Example: $800/month groceries + $300/month bills = $234 a year back
Posts about this card
Key facts
- Annual fee
- $0
- Purchase interest
- 21.99%
- Foreign currency fee
- 2.5%
- Min. personal income
- $15,000
- Min. household income
- None published
- Rewards
- Cash back
Annual fee waiver
- No annual fee
From bmo.com product page, checked October 17, 2026. Not an affiliate link.
More BMO cards
BMO eclipse rise VisaNo annual fee
BMO Blue Rewards MastercardNo annual fee
BMO eclipse Visa Infinite$120 fee
BMO Ascend World Elite Mastercard$150 fee
BMO eclipse Visa Infinite Privilege$599 fee
BMO CashBack World Elite Mastercard$139 fee
BMO VIPorter Mastercard$89 fee
BMO VIPorter World Elite Mastercard$199 fee
Pros
- No annual fee, free additional cards
- 3% on groceries, up to $15 a month
- Up to $125 in the first 3 months
- Cash back from $1 any time, or automatically at $25
- Accepted at Costco (Mastercard)
- 0.99% balance-transfer rate for 9 months (2% fee)
Cons
- 3% stops after $500 of groceries a month
- 1% on bills, 0.5% on everything else
- No travel or phone insurance
- 2.5% on foreign-currency purchases
- Cash back from the offer is cancelled if you close the card within 90 days
Insurance included
- Purchases: 90 days of theft/damage cover (up to $60,000 a year), warranty +1 year
Maximums as BMO lists them. Conditions apply; the insurance certificate decides claims.
Perks
- Car rental: up to 30% off Avis / 35% off Budget prepaid, up to 20% off National and Alamo
- Free additional cards: they earn cash back too
Other cards for groceries
Back a year on $9,600 of groceries, caps included. Points at best-case value. Before annual fees.
| Card | Earns on groceries | Back a year | Annual fee | Terms checked |
|---|---|---|---|---|
| Amex Cobalt | 5× points≈ 10.0% in value | $960 | $192 | October 21, 2026 |
| Scotiabank Gold Amex | 6× points | $576 | $120 | November 2, 2026 |
| Neo World Elite Mastercard | 5% back | $480 | $149 | October 21, 2026 |
| National Bank World Elite Mastercard | 5× points | $480 | $150 | October 21, 2026 |
| Desjardins Cash Back World Elite Mastercard | 4% back | $384 | $100 | October 23, 2026 |
| SimplyCash Preferred | 4% back | $384 | $120 | October 21, 2026 |
| BMO CashBack Mastercard | 3% back≈ 2.1% in value | $198 | $0 | October 21, 2026 |
How the offer has changed
One row per check of BMO's page, newest first. Old rows are never edited.
| Checked | Welcome offer | Fee, year one | Ends |
|---|---|---|---|
| October 21, 2026 | 5% cash back in the first 3 billing cycles on up to $2,500 (max $125: $500 groceries + $500 recurring bills + $1,500 other); 0.99% balance-transfer intro for 9 months (2% fee). Applications Sep 2, 2022 to Oct 31, 2027Unchanged since October 17, 2026 (product page, BMO footnotes page, fee insert all the same) | $0 | October 31, 2027 |
| October 17, 2026 | 5% cash back in the first 3 billing cycles on up to $2,500 (max $125: $500 groceries + $500 recurring bills + $1,500 other); 0.99% balance-transfer intro for 9 months (2% fee). Applications Sep 2, 2022 to Oct 31, 2027Same offer. BMO's terms now give the end date as October 31, 2027 | $0 | October 31, 2027 |
| September 6, 2026 | Same 5% / 3-month offer displayed; no end date visible in the capture | $0 | October 31, 2026 (per July audit) |
| July 31, 2026 | Same offer; window extended to October 31, 2026 | $0 | October 31, 2026 |
| June 14, 2026 | 5% cash back / 3 months, up to $125 ($500 groceries + $500 recurring bills + $1,500 other) + 0.99% balance-transfer intro / 9 months. "Ends June 30, 2026." | $0 | June 30, 2026 |
General information, not financial advice. Offers change; confirm on BMO's page before you apply.