- 5%Cash back on groceries
- 4%Cash back on transit
- 3%Cash back on gas
- 2%Cash back on recurring bills
- 1%Cash back on all other purchases
Get $40 bonus cash back per month for the first 12 billing cycles.
Earn 5% cash back on groceries, 4% on transit, and 3% on gas.
A key differentiator is the BMO CashBack World Mastercard's impressive 5% cash back on groceries, making it a standout option for families and frequent shoppers. The monthly cash back bonuses provide a significant incentive for those who can meet the spending requirements.
Pros:
- High cash back rate on groceries
- Flexible redemption options
Cons:
- Annual fee applies
- Requires minimum spending to maximize bonuses
The BMO CashBack World Mastercard is well-suited for families and individuals who frequently purchase groceries, given its competitive 5% cash back rate in that category. With a manageable annual fee and substantial welcome bonus, this card may appeal to those looking to maximize rewards on everyday spending while meeting certain spending thresholds.