The BMO eclipse rise Visa Card stands out in the Canadian market due to its no annual fee, making it budget-friendly for everyday use. Featuring a standard 21.99% interest rate on purchases and a 23.99% rate for cash advances, it keeps rates competitive for most cardholders. New approved customers can look forward to a welcome offer of 20,000 points and a special 0.99% interest rate on balance transfers for the first 9 months, with only a 2% transfer fee attached. The card further enables users to collect up to 5,000 bonus points each year, boosting its ongoing value for both spending and saving.

How to Apply Step by Step

First, prepare your personal and income information for the application. Then, complete the online credit card application form with your details. After submission, wait for approval, which typically doesn’t take long. If approved, you should receive your card by mail. Lastly, activate the card as soon as it arrives to begin using it right away.

Pros of the BMO eclipse rise Visa Card

One of the biggest perks is the zero-dollar annual fee, ideal for anyone seeking cost-effective rewards. The significant welcome bonus and competitive balance transfer rate add immediate value, plus ongoing bonus points keep the rewards coming year after year.

Cons of the BMO eclipse rise Visa Card

A notable drawback is the 21.99% purchase interest rate, which is standard but not low. Additionally, the high cash advance rate and the limitation to BMO’s rewards system may not appeal to everyone looking for more flexible redemption options.

우리의 평결

Overall, the BMO eclipse rise Visa Card is an excellent no-fee entry-level rewards card. The strong introductory offer, combined with ongoing earning potential, makes it suitable for new credit users or those wanting to consolidate balances affordably. However, if you seek luxury perks or premium travel benefits, you might want to explore other card options in the market.