- 3%Cash back on groceries
- 1%Cash back on recurring bill payments
Get up to 5% cash back on up to $2,500 in eligible purchases in your first three months.
Get 3% cash back on groceries and 1% back on recurring bill payments.
The BMO CashBack Mastercard stands out as the top choice because it offers a straightforward cash back structure with no annual fee, making it accessible for everyday spending. Its competitive rates on groceries and recurring bills provide excellent value for those looking to maximize their rewards.
Pros:
- No annual fee
- Competitive cash back rates
Cons:
- Limited to specific categories
- Cash back redemption minimum
The BMO CashBack® Mastercard® is an excellent option for individuals seeking a no-annual-fee credit card that rewards everyday spending, particularly on groceries and recurring bills. With its straightforward cash back structure, this card is suitable for those who prefer simplicity in managing rewards while benefiting from a welcome bonus.