BMO CashBack Mastercard for Students 2026 Review

Annual fee
CA$0
Rewards rate
3%-0.5%
Welcome Bonus
5%
Apply Now →on BMO's website

  • 3%Cash back on grocery purchases
  • 1%Cash back on recurring payments
  • 0.5%Cash back on everyday essentials

Welcome Bonus:

Get 5% cash back in your first 3 months!

Reward Rate:

Earn 3% cash back on grocery purchases, 1% cash back on recurring payments, and 0.5% cash back on everyday essentials.

The BMO CashBack Mastercard for Students is the best option for students looking to earn cash back on their everyday expenses. Its generous introductory offer of 5% cash back in the first three months, combined with ongoing rewards on groceries and recurring payments, makes it an excellent choice for budget-conscious students.

Pros:

  • No annual fee
  • High cash back on groceries

Cons:

  • Higher interest rates
  • Limited to student applicants
Apply now →

The BMO CashBack Mastercard for Students is well-suited for budget-conscious students who want to earn rewards on their everyday purchases without incurring an annual fee. Its attractive cash back rates and welcome bonus provide a practical option for those looking to manage their expenses while benefiting from a rewards program.

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