BMO · Mastercard

BMO CashBack Mastercard

★★★★★ 4.5 Wafacard score
Issuer page Confirm current terms on the issuer website
Annual fee
$0
Rewards rate
0.5%
Intro offer
Intro value may include 200 points. Confirm current requirements with the issuer.
Recommended credit
Good (670-719)
Fees and terms

Rates and fees can change by applicant profile and issuer updates. Confirm current terms on the issuer website before applying.

Annual fee
No annual fee
Purchase APR
APR range: 21.99%
Balance transfer APR
APR range: 0.99%
Cash advance APR
APR range: 23.99%
Promo APR length
9 months
Foreign transaction fee
Check issuer terms
Late payment fee
Up to $41
Grace period
25 days
Recommended credit
Good (670-719)
Terms last updated
6/22/2026
Key benefits
  • Intro APR or transfer-focused terms
  • Extended warranty coverage may be included
  • No yearly card fee
  • Cash-back earning focus
Rewards breakdown

Wafacard summary: this cash-back card shows cash-back earning from 0.5%-3% depending on the purchase type and issuer rules. Check the issuer page for eligible categories, caps, and current terms.

Intro offer: Intro value may include 200 points. Confirm current requirements with the issuer.

Card details

Wafacard note: key fit signals include intro apr or transfer-focused terms, extended warranty coverage may be included, no yearly card fee, cash-back earning focus. Availability, exclusions, and enrollment rules can vary by issuer terms.

Issuer
BMO
Network
Mastercard
Type
cashback
Review status
Terms reviewed 6/30/2026

Is BMO CashBack Mastercard worth it?

The BMO CashBack Mastercard is a no-annual-fee cashback card from BMO, so you can keep it long term without paying to hold it. It lists 0.5% on eligible spending, and the breakdown below shows how that earning applies across categories. New cardholders may also qualify for a welcome offer: Intro value may include 200 points. Confirm current requirements with the issuer. It is generally aimed at applicants with good (670-719) credit, with a purchase APR around APR range: 21.99%. Confirm current terms on BMO's site before applying.

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