- 5Cash back on groceries
- 4Cash back on transit
- 3Cash back on gas
- 2Cash back on recurring bills
Includes up to CA$480 in cash back during your first year plus a first-year annual fee waiver.
Earn cash back on everyday purchases with tiered rates.
The BMO CashBack World Elite Mastercard excels in providing high cash back rates on essential spending categories, making it a top choice for those looking to maximize their rewards. Its welcome offer and fee waiver for the first year further enhance its attractiveness for new cardholders.
Pros:
- High cash back on groceries
- First-year fee waived
Cons:
- High income requirement
- Limited to specific categories
The BMO CashBack World Elite Mastercard is particularly suitable for individuals who want to earn substantial cash back on everyday purchases and are comfortable with an annual fee. With its competitive reward rates and an appealing welcome bonus, this card can be a valuable option for those who prioritize maximizing their cash back rewards.