BMO® CashBack® Mastercard® for students review

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Advertiser Disclosure

Interest Rate: Purchases
19.99%
Balance Transfer
22.99% (1.99% for the first 9 months)
Rewards
0.5 - 3% cashback
Signup Bonus
-


Am I eligible?


BMO® CashBack® Mastercard® for students is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada
Yes Have a minimum personal income of $15000.

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

Details


Interest Rates
Regular APR Interest Rate 19.99%
Balance Transfer Interest Rate 22.99% (1.99% for the first 9 months)
Cash Advance Interest Rate 22.99%
Rates & Fees
Annual Fee $0.00
Balance Transfer Fee 3%

- Maximum

- 1% introductory fee

Cash Advance Fee $3.50

$5.00 fee charged at a financial institution/ATM outside Canada.

Foreign Transaction Fee 2.5%

Transactions made in a foreign currency will be converted and posted to your account in Canadian currency.


Over Limit Fee $29.00
Late Payment Fee $0.00
Promotions
Sign up bonus

Get up to 5% cash back on every credit card purchase in your first 3 months, up to a maximum of $2,000 ($100 cash back) in spendings.

Rewards
All Purchases 0.5% cash back
Restaurants No
Gas No
Groceries 3% cash back

Up to a maximum of $500 spent per statement cycle period

Hotels No
Travel No
Pharmacy No
Bills 1% cash back

- On recurring bill payments such as mobile phones, streaming services, or subscriptions.

- Up to a maximum of $500 spent per statement cycle period

Additional Details


Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount Yes
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees No
Emergency Assistance No
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments Apple Pay
Virtual Cards No
Additional Benefits
  • Save up to 25% on rentals at participating National Car Rental and Alamo Rent a Car locations
  • Grab a show with 15% off admission to Cirque du Soleil shows touring Canada48, and 20% off resident shows in Las Vegas
Eligibility
Minimum Security Deposit $0
Minimum Age

18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces.

Minimum Personal Income $15,000 per year


Temporary Residents No
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Additional comments
Terms & Conditions Official Terms & Conditions
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