However, BMO has returned to the student credit card game.
They are now offering student versions of their
Say hello to these new cards:
Related: Best Student Credit Cards In Canada
New BMO student credit card details
So what do these new student cards offer?
They’re identical to the regular versions. We’ll give an overview of each one.
|Credit Card||Welcome Bonus||Earn Rates||Apply Now|
|BMO CashBack Mastercard for students||* 5% cash back for the first 3 months (terms)||* 1% cash back on all purchases||Apply Now|
|BMO AIR MILES Mastercard for students||* Up to 800 AIR MILES (terms)||* 1 mile for every $20 spent
* 2x the miles at select AIR MILES sponsors
To get you started, you’ll earn 5% cash back in the first 3 months, until you’ve earned $100 cash back.
Afterwards, you’ll earn 1% cash back on all your purchases – with no caps, tiers, or categories to worry about.
The best part?
You can redeem your cash back anytime you like, once you’ve earned $50 worth of rewards.
If you’d prefer to earn travel and merchandise rewards instead, the
This card will give you up to 800 AIR MILES as a welcome bonus – 400 after your first purchase, and another 400 after spending $1,000 in the first 3 months.
As for your everyday purchases, this is what this card will earn you:
- 1 mile per $20 spent, and
- 2x the miles at select AIR MILES Sponsors.
Use your rewards for many things – including travel, merchandise, concerts, and in store discounts.
Ends January 31, 2020.
BMO is offering 2 top notch credit cards for students, with your choice of cash back or rewards for your purchases.
Are they better than their old SPC cards?
They’re basically the same, except they don’t include the free SPC Membership. Otherwise, you’re still getting the same great rewards for no fee.
What do you think of these new cards?
Let us know in the comments below.