BMO SPC CashBack MasterCard review

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Advertiser Disclosure

Interest Rate: Purchases
19.99%
Balance Transfer
22.99%
Rewards
1% cashback
Signup Bonus
-


10/10
Informr score
The BMO SPC CashBack MasterCard currently has an Informr score of 10 out of 10. This score is based on our evaluation of 2 sources including reviews from users and the web's most trusted critics.

Am I eligible?


BMO SPC CashBack MasterCard is typically available to those with poor 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

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.

What the Critics Are Saying...


creditcardGenius

When you are approved for this card you will be given a free SPC membership that gives you all those same discounts, and you will be rewarded with cash back rewards with every purchase you make – 1% cash back to be exact. Plus, as a welcome bonus, you can earn 4% cash back for the first 4 months you...

- creditcardGenius
GreedyRates.ca

For a credit card newcomer interested in utilizing rewards credit cards, there are few reasons not to add this excellent option to one’s wallet or purse.

- GreedyRates Team, GreedyRates.ca

Details


Interest Rates
Regular APR Interest Rate 19.99%
Balance Transfer Interest Rate 22.99%
Cash Advance Interest Rate 22.99%
Rates & Fees
Annual Fee $0.00
Balance Transfer Fee 3%
Cash Advance Fee $3.50

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

Foreign Transaction Fee 2.5%
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 1% cash back
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details

Exclusive SPC discounts from 10% to 15% at hundreds of your favourite stores.

Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
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 No
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
Temporary Residents No
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Additional comments
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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Critic Reviews


creditcardGenius

Earn cash back while saving 10-15% at your favorite stores

creditcardGenius

When you are approved for this card you will be given a free SPC membership that gives you all those same discounts, and you will be rewarded with cash back rewards with every purchase you make – 1% cash back to be exact. Plus, as a welcome bonus, you can earn 4% cash back for the first 4 month...More

When you are approved for this card you will be given a free SPC membership that gives you all those same discounts, and you will be rewarded with cash back rewards with every purchase you make – 1% cash back to be exact. Plus, as a welcome bonus, you can earn 4% cash back for the first 4 months you have this card, up to $125 in cash back earned... which is pretty great for a no fee student card.

Read full review

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GreedyRates.ca

For students who want to get more value for their money

from GreedyRates.ca

For a credit card newcomer interested in utilizing rewards credit cards, there are few reasons not to add this excellent option to one’s wallet or purse.

Read full review

For a credit card newcomer interested in utilizing rewards credit cards, there are few reasons not to add this excellent option to one’s wallet or purse.

Read full review

Less

User Reviews


Darn, there are no reviews yet for this credit card. Be the first to write a review.