BMO Rewards Points Calculator
Calculate the value of your BMO Rewards
Use the creditcardGenius BMO Rewards Calculator to get the most out of your rewards. Find out how much your points are worth and choose the best redemption option.
| Redemption Option | Point Value | Total Value |
|---|---|---|
| Travel | 0.67 cents | $67 |
| Investments | 0.67 cents | $67 |
| Experiences | 0.65 cents | $65 |
| Gift Cards | 0.56 cents | $56 |
| Merchandise | 0.54 cents | $54 |
Best ways to redeem your BMO Rewards
If you're looking for the best value from your hard-earned BMO points, put them toward travel from any provider, BMO investments, or statement credits.
Skip the merchandise rewards, since your points lose about half of their value.
Learn more about BMO Rewards
The Bank of Montreal operates the BMO Rewards program, which is free and easy to join. Although you can only earn points by using a BMO credit card, the program gives you flexible redemption options for cashing in your points.
The best BMO Rewards credit cards
As one of the Big 5 Banks, BMO issues a wide variety of credit cards, but not all of them earn BMO Rewards. Of the BMO credit cards that do, we recommend the BMO eclipse Visa Infinite Card, which earns:
- 5 BMO Rewards points for every $1 spent on dining ($6,000 per year), groceries ($6,000 per year), gas, and transit*
- 1 point per $1 spent on all other purchases*
Plus, you get a $50 anniversary lifestyle credit to spend as you choose.
Editorial Disclaimer: The content here reflects the author's opinion alone. No bank, credit card issuer, rewards program, or other entity has reviewed, approved, or endorsed this content. For complete and updated product information please visit the product issuer's website. Our credit card scores and rankings are based on our Rating Methodology that takes into account 126+ features for each of 257 Canadian credit cards.
