- 3%Cash back on groceries
- 1%Cash back on gas, transportation, and recurring payments
- 0.5%Cash back on other purchases
Get $50 cash back after you make your first purchase, plus earn a 10% cash back bonus on net purchases (up to $100) within the first 4 monthly statements.
Earn 3% cash back on groceries, 1% on gas, transportation, and recurring payments, and 0.5% on other purchases.
The BMO CashBack® Mastercard® for Students stands out as the top choice because it offers a robust cash back structure tailored for students, allowing them to earn significant rewards on essential spending categories like groceries.
Pros:
- No annual fee
- High cash back on groceries
Cons:
- Limited to specific categories
- Cash back on other purchases is lower
The BMO CashBack® Mastercard® for Students is well-suited for students looking to maximize their rewards on everyday purchases, particularly in categories such as groceries. With no annual fee and a competitive cash back rate, this card offers a practical option for those seeking to manage their finances while benefiting from cashback incentives.