- 3%Cash back on eligible purchases
- 1.25%Cash back on all other purchases
Get up to CA$650 in value including CA$40 cash back each month in your first year.
Earn 3% cash back on eligible purchases and 1.25% on all other purchases.
A key differentiator for the BMO CashBack World Card is its robust cash back structure, offering 3% on eligible purchases, which is among the highest in the market. This card is particularly appealing for those who want to maximize their cash back rewards.
Pros:
- High cash back on eligible purchases
- Significant welcome bonus
Cons:
- Annual fee
- Higher interest rates
The BMO CashBack World Card is particularly suitable for consumers who prioritize cash back rewards on their everyday spending, given its competitive 3% earning rate on eligible purchases. However, the annual fee of CA$120 may not be justified for those with lower spending patterns, making it best suited for higher spenders seeking to enhance their cash back benefits.