• Earn 1% cash back on all other purchases.
  • Get up to $60 in cash back as a welcome bonus.
  • Get discounts at hundreds of stores with your free SPC membership.
  • Get exclusive deals and access to concerts, fashion, movies, sporting events and more.
  • Extended warranty and purchase protection included.
  • Easier to qualify for as a student building their credit history.
  • No annual fee.
Extended Warranty 1 year
Purchase Protection 90 days

Please review your insurance certificate for details, exclusions and limitations of your coverage.

Our Review

The selection of cards out there geared towards students is a bit lacking, but the BMO SPC CashBack Mastercard is at the top of the heap.

First though, what is SPC?

It's a discount program for Canadian students that gives you 10-15% off on select items like clothes, accessories, food, and travel. For a low annual fee, the regular SPC card can save you money at over 250 locations.

When you are approved for this card you get a free SPC card to go with it that gives Canadian students 10-15% discounts off on select items at popular stores like clothes, accessories, food, and travel. For a low annual fee, this card can help you save money at over 250 locations.

Wouldn't it be nice to have a credit card that gave you all the same discounts, but for no annual fee?

Enter the BMO SPC CashBack Mastercard that does just that, and gives you rewards everywhere you shop with no restrictions or limits.

Thats right! Not only does this card give you a free SPC membership - giving you instant savings at participating locations, you'll also earn cash back with every purchase you make - 1% cash back to be exact.

As a welcome bonus, you can earn 4% cash back for the first 4 months you have this card, up to $60 in cash back earned.

Considering this is a no fee card, the fact that you get any rewards at all is pretty great, let alone the chance to save 10-15% at many retailers and restaurants. Add to that the fact that you get purchase protection, extended warranty, and even exclusive deals through BMO Extra Deals, and this card could be the perfect card for you... (assuming, of course, you're between 18-24.)

If this card seems like one you would be interested in, you should also check out the AIR MILES version.

Featured In

The Globe and Mail