Offer
- Get up to 10% cash back in your first 3 months and the $120 annual fee waived in the first year*
- Earn more cash back on the categories that mean the most:
- 5% on groceries*
- 4% on transit including ride sharing, taxis and public transportation*
- 3% on gas and electric vehicle charging*
- 2% on recurring bill payments like your monthly phone bill or favourite streaming service*
- 1% unlimited cashback on all other purchases*
- Get the highest cash back earn rate on groceries in Canada.*
- Get valuable benefits and offers for digital everyday services from a variety of on-demand apps and subscription services
- Access over 1 million Wi-Fi hotspots around the world – all at no added cost, and no added fees or roaming charges*
- Complimentary membership in Mastercard Airport Experiences provided by LoungeKey*.
- Complimentary Roadside Assistance Program*
- Extended Warranty Plus*
- Purchase Protection Plus*
- BMO CashBack World Elite Travel and Medical Protection*
- Unlock Mastercard Travel Rewards cashback offers when you travel and shop outside of Canada
Fees & Conditions
Personal Income
$80,000
Household Income
$150,000
Annual Fee
$120
First Year Annual Fee Rebate
First Additional Card
$50
Other Additional Card
$50
Foreign Transaction Fee
2.5%
Purchase Rates
20.99%
Cash Advance Rates
23.99%
Balance Transfer Rates
23.99%
Value
Calculate the rewards
Your Monthly Spending
Year 1
Year 2+
Welcome Bonus
0 $
Annual Credit
Travel benefits
VIP Lounges
First Year Annual Fee Rebate
-
First year offer value
Rewards Earned
Annual fee
Net value
Advantages
Offer ends on
Nov 30, 2024
Welcome Bonus amount
Up to $260 cash back
Minimum Spending Required
$2,600
Minimum Spending Timeframe (Months)
3 month(s)
Costco
Earnings
Per dollar of purchases
All Spending
1 %
Groceries
5 %
Gas
3 %
Dining and Food delivery
1 %
Convenience Stores
1 %
Drugstores
1 %
Local Transport
4 %
Travel
1 %
Entertainment
1 %
Recurring Payments
2 %
Telecom/Internet
1 %
Streaming services
2 %
Online transactions
1 %
Office Supplies
1 %
Insurance
Travel Insurance
Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
$2,000,000
8 day(s)
Travel medical insurance up to 64 years old
$5,000,000
8 day(s)
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
$500,000
Flight Delay Insurance
$500
Delayed Baggage Insurance
$500
Lost/Stolen Baggage Insurance
$500
Auto Rental Loss/Insurance
$65,000
48 day(s)
Hotel/Motel Burglary Insurance
$1,000
There may be a daily maximum amount depending on the type of fees paid
Other Insurance
Insurance Name
Included
Amount
Duration
Extended Warranty
1 year
Purchase Protection
90 day(s)
Mobile Device Insurance
Price Protection
Legal
*Terms and conditions apply
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