Skip to main content
Ratehub logo
Ratehub logo

Find the best BMO credit cards without impacting your credit score

Apply with confidence. In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.

find my perfect card

Compare Canada's best BMO credit cards

The best rewards cards for
with

Why use CardFinder

  • CardFinder has no impact on your credit score, no SIN required

  • Industry-standard protection

  • Match with cards you're most likely to qualify for

  • Your information is encrypted & never shared

Ratehub's top credit card picks

Find your perfect credit card in under 60 seconds - No SIN required

  1. Tell us a bit about yourself

    Answer some questions so we can personalize our recommendations - this won't impact your credit score

  2. Check your eligibility

    We confirm your eligibility with our partner, TransUnion. This will be a ‘soft credit check’ which you can see but lenders cannot

  3. Find your perfect matches

    We show you the cards you’re most likely to want and most likely to get

let's get started
Ratehub logo

BMO credit cards overview

BMO offers 13 credit cards in total, one of which is sure to meet your needs.

If you love to travel and regularly shop at any of the over a dozen AIR MILES retail partners (like Sobeys grocery stores and Shell gas stations), BMO has partnered with AIR MILES to offer 2 travel rewards credit cards that can help you save on your trips: the BMO AIR MILES Mastercard (no annual fee) and the BMO Air Miles World Elite Mastercard ($120 annual fee). Each tier comes with more bonus MILES as part of their the sign-up offers, better perks, and stronger earn rates that let you collect additional MILES with each purchase. The AIR MILES World Elite stands out in particular for its strong flat earn rate of 1 MILE per dollar on everything you buy, complimentary airport lounge access (includes two free passes renewed annually), and comprehensive travel insurance benefits with over a dozen types of coverage.

AIR MILES can be redeemed as either Dream Miles for free flights or vacation packages from a number of partner airlines, or in the form of Cash Miles for free gift cards in flat increments of 95 MILES for $10.

If you’d rather earn straight-forward cash back with each purchase you make, BMO also offers 3 cash back credit cards: the BMO CashBack Mastercard (no annual fee), BMO CashBack World Mastercard ($79 annual fee), and the BMO CashBack World Elite Mastercard ($120 annual fee). The entry-level BMO Cash Back Mastercard offers stellar rewards on everyday essentials with up to 3% on groceries but earns just 0.5% on virtually all other everyday purchases. The World Mastercard has an individual annual income requirement of $60,000 and gives you a flat 1.25% cash back with every purchase you make while the World Elite Mastercard has an income requirement of $80,000 and offers 1.5% on every purchase. Both the World and World Elite also come with complimentary roadside assistance coverage built-in; an added benefit for car owners worth around $69.

BMO's cash back rewards system is extremely flexible, letting you redeem your cash back at any time of the year in increments of as little as $1.

BMO also offers 5 other credit cards that you may want to consider, including the BMO Preferred Rate Mastercard, which is a low interest credit card (12.99% APR) that has a $20 annual fee. You could also look at the BMO US Dollar Mastercard or Prepaid Travel Mastercard, if you cross over the border often enough. For more in-depth descriptions of our favourites, read our blog on the best BMO credit cards here.

 


BMO Rewards

BMO also offers 2 credit cards that are tied to its branded rewards program, aptly called BMO Rewards. Both the BMO Rewards Mastercard ($0 annual fee) and BMO World Elite Mastercard ($150 annual fee) let you earn BMO Rewards points, which can be redeemed for travel (at a rate of 0.71 cents per 1 point) or can even be put towards a BMO investment account (0.67 cents per 1 point) or cash credits (0.5 cents per 1 point). The BMO World Elite Mastercard delivers strong points multipliers on dining and travel, and comes with up to a 40,000 bonus points ($280 travel value) as part of its sign-up bonus as well as a first year annual fee waiver.



More on BMO

The Bank of Montreal (BMO) was the first official bank in Canada, founded in 1817 in Montreal, Quebec. Today, it is the fourth largest bank in Canada and among the ten largest banks in North America. BMO specializes in personal and commercial banking, investment banking and wealth management. The bank has more than 900 branches in Canada, and operations in Chicago and elsewhere in the U.S. BMO employees more than 45,000 employees worldwide and serves more than 12 million clients across the globe.

Cards summary (+/-)

Natasha Macmillan, Business Director of Everyday Banking

With over a decade of experience in the finance industry, Natasha works closely with Canada's top financial institutions - from banks to credit unions - to help Ratehub.ca's 1,200,000 monthly users get matched with the right banking products. read more

The knowledge bank

A wealth of knowledge delivered right to your inbox.

By submitting your email address, you acknowledge and agree to Ratehub.ca’s Terms of Use and Privacy Policy. Contact us for more information. You can unsubscribe at any time.

About Ratehub.ca

Whether you need a mortgage, credit card, savings account, or insurance coverage, we help you find and compare the best financial products for your specific needs.

When it comes to mortgages, Ratehub.ca is more than just a place to research and compare the best rates. Our goal is to give Canadians the best mortgage experience from online search to close. This means offering Canadians the mortgage tools, information and articles to educate themselves, allowing them to get personalized rate quotes from multiple lenders to compare rates instantly, and providing them with the best online application and offline customer service to close their mortgage all in one place.

Ratehub.ca has been named Canada's Mortgage Brokerage of the Year for four years straight (2018-2021). With over 12 years of mortgage experience, and over $11 billion in mortgages funded, we deliver you the best mortgage experience in Canada.

How does Ratehub.ca make money?

Financial institutions pay us for connecting them with customers. This could be through advertisements, or when someone applies or is approved for a product. However, not all products we list are tied to compensation for us. Our industry-leading education centres and calculators are available 24/7, free of charge, and with no obligation to purchase. To learn more, visit our About us page.

read more about us