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The Value of BMO Rewards Points

Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required

The average dollar value of 1 BMO Rewards point is $0.0067

Dollar value of 1 point

Flexibility of points

Can points cover taxes and fees?

$0.0067

medium - Redeem your points using bmorewards.com with no flight or date restrictions

Yes

Compare BMO Rewards credit cards in Canada

The best rewards cards for
  • all reward types
  • cash back
  • store credit
  • travel
with
  • any annual fee
  • no annual fee
CardBest used forAnnual feeRewards
BMO eclipse Visa Infinite* Card
Purchase interest: 20.99%, Cash advance: 23.99%, Balance transfer: 23.99%

Food & transit

$120

  • 5 pts/$1 for gas, groceries, restaurants
  • 1 pts/$1 for other
Featured
BMO Rewards® MasterCard
Purchase interest: 19.99%, Cash advance: 22.99%, Balance transfer: 22.99%

Everyday spending

$0

  • 1 pts/$1 for other
Featured
BMO World Elite™* MasterCard®*
Purchase interest: 20.99%, Cash advance: 23.99%, Balance transfer: 22.99%

Travel perks

$150

  • 3 pts/$1 for entertainment, restaurants, travel
  • 2 pts/$1 for other

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

How Much Are Your BMO Rewards Points Worth?

Overall Flexibility

Taxes & Fees

Best Way to Use Your BMO Rewards Points

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