- 3%Cash back on groceries
- 1%Cash back on recurring bills
- 0.5%Cash back on all other purchases
Earn up to 5% cash back in your first 3 months.
Earn 3% cash back on groceries, 1% on recurring bills, and 0.5% on other purchases.
What sets the BMO CashBack Mastercard for Students apart is its high cash back rate on groceries, making it an excellent choice for students who prioritize their food expenses. The welcome bonus further enhances its appeal, allowing new cardholders to earn significant rewards right from the start.
Pros:
- No annual fee
- High cash back on groceries
Cons:
- Lower cash back on other purchases
- Cash back cap on grocery spending
The BMO CashBack Mastercard for Students is a suitable option for students seeking a no-annual-fee credit card that offers a competitive cash back rate on everyday purchases, particularly groceries. With its welcome bonus and structured rewards program, this card can effectively help students manage their expenses while earning cash back on their spending.