A few months ago, BMO quietly said goodbye to their lineup of SPC Mastercards. They were top notch student cards, offering good rewards, and a free SPC membership as well.

However, BMO has returned to the student credit card game.

They are now offering student versions of their & .

Say hello to these new cards:

New BMO student credit 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
Apply Now

The offers cash back for your rewards.

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 will let you earn AIR MILES on every purchase.

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:

Use your rewards for many things – including travel, merchandise, concerts, and in store discounts.

Plus up to 4% cash back.
Ends January 31, 2020.

Final thoughts

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.