Side by Side Credit Cards Comparison

BMO CashBack® World Elite®* Mastercard®*VSBMO eclipse Visa Infinite Privilege* Card

Which one is better?


bmo cashback world elite mastercard

BMO CashBack® World Elite®* Mastercard®*


RECOMMENDED CREDIT SCORE*

300
Poor
560
Fair
660⁎
Good
725⁎
Very Good
760⁎
Excellent
⁎Estimates based on Equifax scoring

bmo eclipse visa infinite privilege

BMO eclipse Visa Infinite Privilege* Card


RECOMMENDED CREDIT SCORE*

300
Poor
560
Fair
660
Good
725⁎
Very Good
760⁎
Excellent
⁎Estimates based on Equifax scoring

Welcome Bonus

Get up to $650 in value and the annual fees waived in the first year. Plus, get a 0% introductory interest rate on Balance transfers for 12 months with a 2% transfer fee.*


$650 in value is made up of:

  • Up to $480 Welcome Offer Cash Back: Receive $40 Bonus Cash Back when you spend a minimum of $2,000 on net card purchases per billing cycle in the first twelve (12) billing cycles after the account open date.*
  • $139: Annual Fee Waiver: The primary cardholder annual fee of $139 will be rebated in the first year and will appear as a fee and a credit on the primary cardholder’s first statement.*
  • $75 market value: Roadside Assistance: You will receive a complimentary membership in the Dominion Automobile Association (DAA) and the benefits of their BMO Roadside Assistance Program (Basic Coverage). Membership terms and plan features are described here: bmo.com/roadsideassistancebasic.*

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

$120 Cash Rebate offer from FinlyWealth

View Offer

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

  • 5% cash back on groceries (capped at $500 spending per statement, maximum of $25 in cashback per statement cycle)*
  • 4% cash back on daily transit (capped at $300 spending per statement, maximum of $12 in cashback per statement cycle)*
  • 3% cash back on gas (capped at $300 spending per statement, maximum of $9 in cashback per statement cycle)*
  • 2% cash back on recurring payments (capped at $500 spending per statement, maximum of $10 in cashback per statement cycle)*
  • 1% cash back on all other eligible 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

  • lost baggage

    Lost or Stolen Baggage

    $500/person, $1,000 maximum*
  • hourglass timer

    Baggage Delay

    $500/person, $1,000 maximum After 6 hours*
  • car insurance

    Car Rental Damage & Theft

    $65K MSRP up to 48 days*
  • heart lock

    Common Carrier Travel Accident Insurance

    $500,000
  • extended warranty

    Extended Warranty

    1 year
  • purchase protection

    Purchase Protection

    90 days
  • burglar

    Hotel Burglary Insurance

    $1,000
  • travel accident medical

    Travel Medical Insurance (64 & under)

    $5M up to 8 days per covered person*
  • hourglass timer

    Flight Delay

    $500 After 4 hours delay*

Insurance Included

  • lost baggage

    Lost or Stolen Baggage

    $1,000/person, $2,500/trip
  • hourglass timer

    Baggage Delay

    $500/person, $1K/trip
  • car insurance

    Car Rental Damage & Theft

    $85,000 up to 48 days
  • heart lock

    Common Carrier Travel Accident Insurance

    $500,000/person
  • extended warranty

    Extended Warranty

    triples up to 2 years
  • purchase protection

    Purchase Protection

    120 days
  • burglar

    Hotel Burglary Insurance

    $2,500
  • travel accident medical

    Travel Medical Insurance (64 & under)

    $5M up to 22 days/person
  • hourglass timer

    Flight Delay

    $1,000

  • mobile device insurance

    Mobile Device Insurance

    $1,000
  • travel accident medical

    Travel Medical Insurance (65 to 75)

    $5M up to 3 days/person
  • cancel airplane

    Trip Cancellation

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

    Trip Interruption

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

Extra Benefits

  • alcohol cheers

    Airport Lounge - Dragon Pass

    Complimentary membership in Mastercard Travel Pass provided by DragonPass. As a member enjoy lounge access for a fee of just US$32 per person, per visit.*
  • discount

    Discount

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

  • car rental

    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.*
  • tire

    Roadside Assistance

    Complimentary Roadside Assistance Program*; Including battery boosts, flat-tire change, lockout service and towing – a $75/year value.*

Extra Benefits

  • alcohol cheers

    Airport Lounge - Dragon Pass

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

    Discount

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

  • exclusive

    Visa Infinite Exclusive Benefits

    Visa Infinite luxury hotel collection, dining series and wine country
  • concierge

    Concierge Services

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

    Extra points

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

    Priority Travel

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

    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
  • finance money dollar

    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

$139

$0$

$0 first year

Annual Fee

$599

Income Required

Min Personal Income:

$80,000

Min Household Income:

$150,000

Income Required

Min Personal Income:

$150,000

Min Household Income:

$200,000

Loyalty Program

N/A

Loyalty Program

Point Redemption Options

Not Applicable

Point Redemption Options

  • Most Optimal

    travel - plane

    Travel

    0.67¢ / point
  • finance money dollar

    Financial Products

    0.67¢ / point
  • entertainment popcorn

    Entertainment

    0.64¢ / point
  • cash coins

    Statement Credits (Cash)

    0.5¢ / point
  • gift card

    Gift Cards

    0.48¢ / point
  • online shop

    Merchandise

    0.45¢ / point

Is this card worth it?

If you're seeking a cashback credit card, the BMO CashBack® World Elite® Mastercard® stands out for its excellent balance between rewards and benefits. It offers a robust rewards program and a comprehensive benefits list, making it a solid choice. The high first-year value is enhanced by the annual fee waiver, and those with a BMO Premium Chequing Account can enjoy continued fee waivers. While it's highly ranked for rewards alone, it may not be the absolute top choice if benefits are less important to you.

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

  • Impressive cashback rates
  • Rare roadside assistance
  • Comprehensive insurance and benefits
  • High first-year value

Pros

  • Generous rewards
  • Annual lifestyle credit
  • Authorized user bonus points
  • Comprehensive insurance
  • Lounge access

Cons

  • Lacks restaurant optimization
  • Low monthly cashback caps

Cons

  • High annual fee
  • High income requirements
  • Low point value

Legal


*Terms and conditions apply

BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.


*Terms and conditions apply.


BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.