BMO eclipse Visa Infinite Privilege* Card vs BMO Preferred Rate Mastercard®: Which one is better?

BMO eclipse Visa Infinite Privilege* Card

3.0

Finly Rating

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RECOMMENDED CREDIT SCORE*

300

Poor

560

Fair

660

Good

725

Very Good

760

Excellent

Get your free credit score

BMO Preferred Rate Mastercard®

3.6

Finly Rating

Apply Now

RECOMMENDED CREDIT SCORE*

300

Poor

560

Fair

660

Good

725

Very Good

760

Excellent

Get your free credit score

Welcome Bonus

50,000 points when you spend $6,000 in the first 3 months, plus 30,000 points when you spend at least $30,000 in the first 6 months. Receive an additional 40,000 points when you spend at least $75,000 in the first year. Offer ends on January 31, 2026.

Welcome Bonus

Get a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee*

Our Cash Offer

$50 Cash Rebate offer from FinlyWealth

View Offer

Our Cash Offer

N/A

Rewards Breakdown

Annual Rewards

$464.59

BMO Rewards

First Year Bonus Value

BMO Rewards

Annual Fee

$599

Finly Rebate

$50

Exclusive Offer

First Year Value

-$84.41

Based on a hypothetical $2,000/mo average spending. Calculate your rewards.

While the first year bonus value here may show $0, the actual welcome bonus offer for this credit card is Up to 120,000 points, which we value at $804 when you meet the minimum spending or other listed requirements. The value of $0 here was derived based on numbers in the spending inputs and whether you meet the minimum listed requirements.

Rewards Breakdown

N/A

How to Earn Rewards

5x points per $1 spent on grocery, dining, gas, drugstore and travel related purchases (maximum 125,000 points on dining, 125,000 points on travel, 100,000 points on groceries, 75,000 points on gas, and 75,000 points on drugstore)
1x point per $1 spent on all other eligible purchases

How to Earn Rewards

No rewards earned on this card

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

Travel Accident

$500,000/person

Mobile Device Insurance

$1,000

Hotel Burglary Insurance

$2,500

Emergency Out of province Medical

$5M up to 22 days/person

Emergency Medical Over 65

$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

Insurance Included

Extended Warranty

Doubled up to 1 year

Purchase Protection

90 days

Extra Benefits

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

Gas Discount

Up to 7 cents off per litre on Shell® fuel if you are an AirMiles collector

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

Extra Benefits

N/A

Interest Rates

Purchase:

21.99%

Cash Advance:

23.99%

Balance Transfer:

23.99%

Interest Rates

Purchase:

13.99%²

Cash Advance:

15.99%²

Balance Transfer:

15.99%²

² Terms and conditions apply. Each balance transfer is subject to a fee of 2% which will be charged to your account on the date the balance transfer is posted to your Account.

Annual Fee

$599

Annual Fee

$29

Income Required

Min Personal Income:

$150,000

Min Household Income:

$200,000

Income Required

Min Personal Income:

N/A

Min Household Income:

N/A

Loyalty Program

BMO Rewards

Loyalty Program

N/A

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

Point Redemption Options

Not Applicable

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.

Is this card worth it?

If you plan to carry a balance on your credit card, this card offers a very low interest rate. However, there are other cards with no annual fee and slightly lower interest rates that you might want to consider as well.

Pros

Generous rewards: Earn 5x points on travel, dining, groceries, gas, and drugstore purchases.
$200 lifestyle credit: Annual credit that can be used on any purchase over $200.
25% bonus points with authorized user: Adding an authorized user increases your rewards by 25%.
Comprehensive insurance: Includes 12 types of coverage, including emergency medical and trip interruption insurance.
6 lounge visits: Complimentary Priority Pass membership with 6 free airport lounge visits annually.

Pros

Low interest rate
Nice welcome offer for balance transfer

Cons

High annual fee: The card has a steep $599 annual fee, which is not waived in the first year.
High income requirements: Requires $150,000 personal or $200,000 household income, limiting eligibility.
Low point value: Points are valued at only 0.67 cents, reducing their overall worth.

Cons