The BMO Rewards credit card range is a great fit for Canadians seeking flexibility and value. With their leading no annual fee BMO eclipse rise Visa*, you get a 0% annual fee paired with a solid welcome bonus of 20,000 points. The interest rate for purchases is 21.99%, and cash advances come in at 23.99% (Quebec residents 21.99%). If you prefer premium rewards, the BMO eclipse Visa Infinite* card features up to 60,000 bonus points and lifestyle credits, while the Ascend World Elite Mastercard* offers up to 90,000 points. Card credit limits and income requirements vary by product, ensuring options for different budgets.

How to Apply: Step by Step

1. Browse the BMO Rewards credit card selection online.
2. Compare features, fees, and offers for each card.
3. Click through to the secure application form.
4. Provide personal and financial details requested.
5. Submit your application and await approval email.

Pros

The no annual fee card is an appealing starting point, especially if you’re budget-focused. BMO rewards points can easily be redeemed for merchandise, travel, or as a statement credit, offering flexibility and real-world value.

The welcome bonuses on select cards add a substantial jump-start to your points balance, helping you reach your next reward faster.

Cons

While the base no-fee card is competitive, the premium cards like the Infinite Privilege and Ascend World Elite have high annual fees and significant income requirements, possibly limiting access for some.

The purchase and cash advance interest rates are typical for rewards cards, but may not be ideal for those who tend to carry a balance month to month.

Verdict

BMO Rewards credit cards offer Canadians strong welcome incentives, everyday earning, and versatile redemption. The range covers both budget-savvy and premium reward-seekers, making the BMO Rewards lineup a reliable pick for maximizing everyday spending.