Earn $175 With A New BMO CashBack Mastercard

In the market for a new no fee cash back credit card? BMO has upped their offer on the BMO CashBack^® Mastercard^®*.

It’s currently the best welcome offer available on a no fee cash back credit card – here’s what it offers.

5% cash back plus a bonus $50 with the BMO CashBack Mastercard

There’s a new component to the welcome offer for the BMO CashBack Mastercard.

You’re still earning 5% cash back for the first 3 months, on up to $2,500 in spend. That hasn’t changed.

But now, you can also earn an additional $50 cash back when you spend $6,000 in your first year (you’ll see this once you get to month 13). All together, that’s up to $175 in bonus cash back.

Our $20 GeniusCash offer

We also have our own kicker to offer. Sign up through our offers page, and you can earn an additional $20 when you get approved for the card.

All about the BMO CashBack Mastercard

If you’re new to this card, here’s a quick overview of what it has to offer.

Here’s what you’ll earn for rewards on all your purchases:

• 3% cash back on groceries (up to $500 per month)
• 1% cash back on recurring bill payments (up to $500 per month)
• 0.5% cash back on all other purchases

It makes for an excellent no fee credit card for getting groceries.

It also comes with a balance transfer offer. You’ll get a low rate of 0.99% for the first 9 months, with a transfer fee of 2%. If you do take BMO up on the balance transfer promo, remember this key rule of balance transfers – don’t make any purchases on your card after its complete.

It doesn’t offer much else, only coming with 2 types of insurance, but it offers plenty of rewards for no annual fee.

BMO CashBack^® Mastercard^®*

3.9 Genius Rating

2.5 (14) User reviews

$20 GeniusCash + Up to 5% cash back + No annual fee.^*

Annual fee

$0.00

Learn more

Welcome bonus

$100^◊
5% cash back

Annual rewards
$357^◊
GC Ends: Apr 30, 2026

GC: $20

I Want This Deal Learn More

Instant approval: Yes

Credit estimate:

BMO CashBack^® Mastercard^®*

GC: $20

3.9 Genius Rating

2.5 (14) User reviews

$20 GeniusCash + Up to 5% cash back + No annual fee.^*

Annual fee

$0.00

Learn more

Welcome bonus

$100^◊
5% cash back

Annual rewards
$357^◊
GC Ends:

Apr 30, 2026

Credit estimate:

 (660 - 724)

I Want This Deal Learn More

Instant approval: Yes

Rewards

Details & Eligibility

Genius Rating

User Reviews

Pros & Cons

Show More

Rewards

Details & Eligibility

Genius Rating

User Reviews

Pros & Cons

Your turn

It’s a pretty enticing offer for a no fee credit card.

And it's made a little better with our GeniusCash offer.

Are you interested in BMO’s updated offer?

Let us know in the comments below.