Side by Side Credit Cards Comparison

Students – BMO CashBack® Mastercard®*

BMO eclipse Visa Infinite Privilege* Card

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Students – BMO CashBack® Mastercard®VSBMO eclipse Visa Infinite Privilege Card

Which one is better?

Students – BMO CashBack® Mastercard®*

4.8

Our Rating

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RECOMMENDED CREDIT SCORE*

300⁎

Poor

560⁎

Fair

660⁎

Good

725⁎

Very Good

760⁎

Excellent

⁎Estimates based on Equifax scoring

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BMO eclipse Visa Infinite Privilege* Card

3.0

Our Rating

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RECOMMENDED CREDIT SCORE*

300

Poor

560

Fair

660

Good

725⁎

Very Good

760⁎

Excellent

⁎Estimates based on Equifax scoring

Get your free credit score

Welcome Bonus

Get up to 5% cash back in your first 3 months, up to $2,500 in spend (max $125 cashback)

Welcome Bonus

Get up to $2,300 in value including up to 200,000 points, Visa Airport Companion Program membership & 6 Complimentary Lounge Passes, NEXUS Statement Credit, $200 Statement Credit and earn 25% more points when you add another cardholder.
80,000 points when you spend $6,000 in the first 110 days, plus 40,000 points when you spend at least $30,000 in the first 6 months. Receive an additional 80,000 points when you spend at least $75,000 in the first year.
Plus, get 0%s introductory interest rate on Balance transfers for 12 months with a 2% transfer fee.

Our Cash Offer

N/A

Our Cash Offer

$50 Cash Rebate offer from FinlyWealth

View Offer

Rewards Breakdown

Rewards breakdown is not available for this card.

Rewards Breakdown

Rewards breakdown is not available for this card.

How to Earn Rewards

3% cash back on grocery purchases (maximum $15 per statement)
1% cash back on recurring payments like bills or subscriptions (maximum $5 per statement)
0.5% cash back on all other purchases

How to Earn Rewards

Earn 5x the BMO Rewards points on groceries, dining, drugstore purchases, gas and travel.*
Get 1 BMO Reward for every $1 spent on everything else.*

Insurance Included

Extended Warranty

1 year

Purchase Protection

90 days

Insurance Included

Extended Warranty

triples up to 2 years

Purchase Protection

120 days

Lost or Stolen Baggage

$1,000/person, $2,500/trip

Baggage Delay

$500/person, $1K/trip

Car Rental Damage & Theft

$85,000 up to 48 days

Common Carrier Travel Accident Insurance

$500,000/person

Mobile Device Insurance

$1,000

Hotel Burglary Insurance

$2,500

Travel Medical Insurance (64 & under)

$5M up to 22 days/person

Travel Medical Insurance (65 to 75)

$5M up to 3 days/person

Trip Cancellation

$2,500/person, $5,000 trip

Trip Interruption

$5,000/person, $25,000 trip

Flight Delay

$1,000

Extra Benefits

Discount

Get 20% off admission to Cirque du Soleil shows touring Canada, and 15% off resident shows in Las Vegas.

Discount

Enjoy three months of Instacart+ and a $5 monthly Instacart credit when you enroll your eligible BMO Credit Card. Terms apply.

Car Rental Discount

Save up to 20% on National Car Rental® and Alamo Rent A Car® and up to 5% on Enterprise Rent-A-Car® at locations worldwide using the Car Rental Booking tool.

Hotel Booking Discount

Save up to 7% on your Booking.com prepaid hotel or property rental bookings at booking.com/mastercardcanada.

Extra Benefits

Discount

Enjoy six months of Instacart+ and a $10 monthly Instacart credit when you enroll your eligible BMO Credit Card.*

Visa Infinite Exclusive Benefits

Visa Infinite luxury hotel collection, dining series and wine country

Airport Lounge - Dragon Pass

Visa Airport Companion membership and 6 complimentary airport lounge visits per year

Concierge Services

Visa Infinite Privilege Concierge like having a personal assistant on speed dial

Extra points

Earn 25% more points on all purchases when you add an authorized user to your account

Priority Travel

Priority Security Lane, airport parking and valet service discounts at select Canadian airports

Golf Benefit

Troon Rewards Golf benefits like discounts at over 95 resorts and courses around the world plus access to select private clubs across the U.S

Anniversary Credit

$200 anniversary lifestyle credit

Interest Rates

Purchase:

21.99%

Cash Advance:

23.99%

Balance Transfer:

23.99%

Interest Rates

Purchase:

21.99%

Cash Advance:

23.99%

Balance Transfer:

23.99%

Annual Fee

$599

Income Required

Min Personal Income:

N/A

Min Household Income:

N/A

Income Required

Min Personal Income:

$150,000

Min Household Income:

$200,000

Loyalty Program

N/A

Loyalty Program

BMO Rewards

Point Redemption Options

Not Applicable

Point Redemption Options

Most Optimal

Travel

0.67¢ / point

Financial Products

0.67¢ / point

Entertainment

0.64¢ / point

Statement Credits (Cash)

0.5¢ / point

Gift Cards

0.48¢ / point

Merchandise

0.45¢ / point

Is this card worth it?

We consider this card to be the best student credit card in Canada for it's competitive cashback rewards (3% on groceries, 1% on recurring bills), no annual fee and a generous welcome bonus. Plus, cashback redemption is flexible so no need to wait a year each time you want to get your cashback paid out.

Is this card worth it?

The BMO Eclipse Visa Infinite Privilege Card is ideal for those who want to maximize rewards on essential categories like travel, dining, groceries, and gas, while enjoying premium benefits. With a generous welcome bonus, lifestyle credit, and comprehensive insurance, this card is designed for frequent travelers who are willing to pay for luxury perks like lounge access and exclusive Visa Infinite privileges. The 25% rewards boost for authorized users adds further value for families or couples who want to rack up points faster.

Pros