Best BMO credit cards in Canada

First year waived; rebated every year with BMO Performance chequing

• No rewards — the rate is the product

0% on balance transfers for 18 months (2% fee) — new customers from Jun 2, 2026; no end date stated

Income

No stated income floor

FX fee

2.5% (BMO cost-of-borrowing insert)

Rates

13.99% purchases · 15.99% advances

US$49 — rebated the following year when US$3,000+ is spent (aggregators still cite the old $35/$1,000)

• No rewards — a pure USD-billing tool

Income

No stated minimum

FX fee

n/a — bills in USD

Travel medical

NOT included — BMO states the card “does not include travel insurance”

Rates

21.99% purchases · 23.99% advances

Waived first year under the current offer; +10% points with an additional cardholder

• 5 pts/$1 groceries & dining (each to $6,000/yr) and gas & transit (each to $20,000/yr) — NEW per-category caps
• Worth 3.3% toward travel (150 pts = $1) but only 2.5% as credit (200 pts = $1) · $50 annual lifestyle credit

Up to 70,000 pts + $240 streaming credits + fee waiver — applications Dec 15, 2025 to Oct 31, 2026

Income

$60,000 personal / $100,000 household — or $15,000 declared annual card spend

FX fee

2.5%

Travel medical

$5M, up to 15 days — age limits not stated on the page; confirm the certificate

Rates

21.99% — raised from the old 20.99% purchases · 23.99% advances

Waived first year (primary only); rebated annually with BMO Premium chequing

• 5% groceries (to $500 spend per statement period)
• 4% transit · 3% gas/EV (per-statement caps apply — exact figures live in footnotes)
• 2% recurring bills (to $500/statement) · 1% unlimited elsewhere

Up to $650: $40/billing cycle × 12 with $2,000/cycle spend + fee waiver + roadside value; 0% BT for 12 months (2% fee) — applications Dec 15, 2025 to Oct 31, 2026

Income

$80,000 personal / $150,000 household

FX fee

Not published on the card page — confirm in the cardholder agreement (typically 2.5%)

Travel medical

8 days, age 64 or under ($5M) · 65+: EXCLUDED — certificate-verified

Rates

21.99% purchases · 23.99% (21.99% Quebec) advances

Waived first year (incl. authorized users); rebated annually with BMO Premium chequing

• 5× travel · 3× dining, entertainment, recurring bills · 1× else
• Bonus rates revert to base beyond $10,000 annual spend per category

Up to 100,000 pts (45k at $5,000/110 days + 20k at $10,000/180 + 35k at $20,000/365) + NEXUS credit — applications Dec 15, 2025 to Oct 31, 2026

Income

$80,000 personal / $150,000 household

FX fee

2.5% (BMO rates PDF)

Travel medical

21 days if 64 or under ($5M) · 65+: EXCLUDED — certificate-verified (an optional paid 31-day plan is sold to ages 65–74)

Rates

21.99% purchases · 23.99% advances