Fixed-value points$89/yr · waived year oneBMO · Mastercard

BMO VIPorter Mastercard

A Porter welcome offer with no fee in year one: up to 40,000 VIPorter points and a 35%-off flight voucher

Welcome offer now

Get up to $1,800 in value including 40,000 VIPorter points, a 35% off flight voucher and the annual fees waived in the first year

Ends October 31, 2026.

Checked on BMO's own page November 2, 2026. See BMO's page

What it earns in a year

20,200 points a year

Worth about $113 after the $89 fee at the simplest redemption, up to $214 at the best.

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 $5,000 a year, shared by groceries and dining, then 0.5): 1× points.
Dining & restaurants (First $5,000 a year, shared by groceries and dining, then 0.5): 1× points.
Gas / EV (First $3,000 a year, shared by gas and transportation, then 0.5): 1× points.
Transit (Mastercard 'gas and transportation' merchants (bus lines, car rentals and more). First $3,000 a year, shared with gas): 1× points.
Travel (Hotels only (1 pt/$, first $3,000 a year). Porter purchases bought direct earn 2 pts/$ on the first $10,000 a year): 1× points.
Everything else: 0.5× points.

Highlighted = use this card here.

Using your points

On the spending above, 20,200 points a year: worth $202 the easy way, $303 the best way.

Easy way (1¢): Porter reward flights at a low cash fare
Best way (1.5¢): Porter reward flights. BMO says members averaged 1.5¢ per point on flights

Our estimate: no published chart to work from yet

Every rewards program compared →

How to apply for the BMO VIPorter Mastercard

Check first

Bonus for new cardholders only: not if you're reopening this card, or switching in from another BMO card
Keep it 365 days: welcome points can be taken back if you close the card sooner
No bankruptcy in the past 7 years

Check you qualify No minimum income listed. 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: 10,000 points after $3,000 in 110 days, 15,000 more at $6,000 in 180 days, 15,000 more at $10,000 in a year. $6,000 in 180 days also earns the 35% voucher
Porter flights: book direct with Porter for 2 points per $1 (first $10,000 a year)
Groceries, dining, gas, transit, hotels: 1 point per $1, under small yearly caps
Everything else: use another card. This one pays 0.5 point per $1
Before year two: cancel or switch before the $89 fee comes back
Example: $800/month groceries + $250 gas + $250 dining + $300 bills = 13,600 VIPorter points a year, worth $136–$204 if a point is worth 1–1.5¢ (our assumption), $47–$115 after the $89 fee

Key facts

Annual fee: $89
Purchase interest: 21.99%
Foreign currency fee: 2.5%
Min. personal income: None published
Min. household income: None published
Rewards: VIPorterSee every VIPorter card

Annual fee waiver

Year one: fee waived, also for up to 3 additional cards
BMO Premium Plan: $89 fee rebated every year
Performance Plan: $40 back
The catch: both need $15,000+ in card purchases each fee year; additional-card fees are not rebated

From bmo.com product page, checked November 2, 2026. Not an affiliate link.

More BMO cards

Best paired with

Neo World Elite Mastercard

This card: travel
Neo World Elite Mastercard: groceries, gas / ev, dining & restaurants, bills & subscriptions, transit, drugstore / pharmacy, entertainment, everything else
Together: $614 a year after both fees, vs $113 with this card alone
With this card's $89 fee rebated (see Fee waiver): $703 a year

If your stores take Amex: Scotiabank Gold Amex for groceries, gas / ev, dining & restaurants, bills & subscriptions, transit, drugstore / pharmacy, entertainment, everything else makes it $799 a year. Costco and Loblaw-banner grocers don't take Amex.

Computed on our standard household ($30,000 a year): each kind of spending goes to whichever card pays more, both fees taken off. Partners are everyday, category and churning cards on Visa or Mastercard. Points at their simplest redemption. Welcome offers not included.

Pros

Up to 40,000 VIPorter points in year one, worth $400–$600 at 1–1.5¢ (BMO: up to $1,800 in value with the vouchers)
Year-one fee waived, also for up to 3 additional cards
35% off the base fare for you and up to 3 companions on one Porter booking
Priority check-in, early boarding and Avid Traveller status
Points don't expire while you have the card

Cons

0.5 point per $1 on everything outside the bonus categories
Bonus categories stop at $3,000–$5,000 a year
All 40,000 points need $10,000 of spending in the first year
The yearly 35% voucher needs $25,000 of spending a year
No free bags or seat selection (World Elite only)
No trip cancellation cover; travel medical only 8 days
2.5% on foreign-currency purchases
No welcome offer if you already hold a BMO card and switch in
BMO's footnotes give two end dates for the offer: October 31, 2026 and October 31, 2027

Insurance included

Travel medical: $5 million, first 8 days of a trip, age 64 or younger only
Flight delay: $500 per trip, after 4 hours
Lost or damaged bags: $500 per person, $1,000 per trip
Delayed bags: $500 per person, after 6 hours
Hotel burglary: $1,000
Travel accident: $500,000
Rental car damage: up to 48 days, cars up to $65,000 MSRP; decline the agency's cover
Purchases: 90 days of theft/damage cover, warranty extended up to 1 year

Maximums as BMO lists them. Conditions apply; the insurance certificate decides claims.

Perks

Porter: priority check-in, early boarding, priority rebooking on delays (up to 9 people per booking)
Avid Traveller status: on approval, plus $1 of Qualifying Spend per $25 on the card
Instacart+: 3 months free and a $5 monthly credit

Other cards for travel

Back a year on $2,400 of travel, caps included. Points at best-case value. Before annual fees.

Card	Earns on travel	Back a year	Annual fee	Terms checked
Marriott Bonvoy American Express	5× points≈ 7.0% in value	$168	$120	October 21, 2026
CIBC Aventura Visa Infinite Privilege	3× points≈ 6.0% in value	$144	$499	October 21, 2026
Amex Aeroplan Reserve	3× points≈ 6.0% in value	$144	$599	October 21, 2026
Scotiabank Scene+ Visa	4× points	$96	$0	November 2, 2026
Scotiabank Amex	4× points	$96	$0	November 2, 2026
Amex Aeroplan	2× points≈ 4.0% in value	$96	$120	October 21, 2026
BMO VIPorter Mastercard	1× points≈ 1.5% in value	$36	$89	November 2, 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
November 2, 2026	Up to 40,000 VIPorter points ("up to $1,800 in value"): 10,000 after $3,000 in 110 days + 15,000 after $6,000 in 180 days + 15,000 after $10,000 in 365 days; 35% off flight voucher after $6,000 in 180 days; first-year fees waived (primary + up to 3 additional cards)Offer unchanged since October 23, 2026. BMO still states it two ways: value footnote (^) "Offer ends October 31, 2026" (now past), offer terms (105) take applications to October 31, 2027. Correction: the $89 fee is rebated yearly with a Premium Plan ($40 with a Performance Plan; $15,000+ spend), per BMO's rebate T&Cs	$89, waived yr 1 (+ $35 per additional card, up to 3 waived yr 1)	October 31, 2026
October 23, 2026	Up to 40,000 VIPorter points ("up to $1,800 in value"): 10,000 after $3,000 in 110 days + 15,000 after $6,000 in 180 days + 15,000 after $10,000 in 365 days; 35% off flight voucher after $6,000 in 180 days; first-year fees waived (primary + up to 3 additional cards)First capture. Value footnote says the offer ends October 31, 2026; offer terms take applications to October 31, 2027	$89, waived yr 1 (+ $35 per additional card, up to 3 waived yr 1)	October 31, 2026

General information, not financial advice. Offers change; confirm on BMO's page before you apply.