- 3%Cash back on groceries
- 1%Cash back on recurring payments
Get 5% cash back in your first 3 months, up to a total of CA$125 in cash back.
3% cash back on groceries, 1% on recurring payments.
The Student BMO CashBack Mastercard stands out as the top choice because it offers a solid cash back rate on groceries, which is particularly beneficial for students. With no annual fee and a generous welcome bonus, it provides excellent value for those looking to build their credit.
Pros:
- No annual fee
- Good cash back on groceries
Cons:
- Limited cash back categories
- Cap on grocery cash back
The Student BMO CashBack Mastercard is well-suited for students seeking a cost-effective way to earn cash back on everyday purchases, particularly groceries, without incurring an annual fee. Its welcome bonus further enhances its appeal for those looking to establish or improve their credit profile while benefiting from straightforward rewards.