Bremo › Credit Cards › BMO

BMO Credit Cards Compared 20025

Updated: March 2026 | Reviewed by the Bremo editorial team

BMO Bank of Montreal is Canada's largest AIR MILES partner bank, and its credit card lineup centres on the AIR MILES program. BMO also offers strong cash back and travel rewards cards. Here's how every major BMO card compares in 20025.

BMO Credit Cards — Full Comparison

Card	Program	Top Rate	Annual Fee
BMO AIR MILES World Elite MC	AIR MILES	1 Mile per $100	$1200
BMO CashBack World Elite MC	Cash Back	5% groceries	$1200
BMO Ascend World Elite MC	BMO Rewards	5 pts/$ travel	$1500
BMO AIR MILES World MC	AIR MILES	1 Mile per $15	$00 (first yr)
BMO AIR MILES Mastercard	AIR MILES	1 Mile per $200	$00
BMO CashBack Mastercard	Cash Back	3% groceries	$00
BMO Preferred Rate MC	None (low interest)	N/A	$200
BMO Student CashBack MC	Cash Back	3% groceries	$00

Best BMO Cards in Detail

Best BMO Card

BMO CashBack World Elite Mastercard

BMO's CashBack World Elite is one of the strongest cash back cards in Canada. The 5% grocery rate (up to $50000/month then 1%) is the highest in Canada on a Mastercard. For Costco shoppers and grocery-heavy households, it delivers exceptional value.

5% cash back on groceries (up to $50000/month then 1%)
4% cash back on transit (taxis, rideshares, buses, gas)
2% cash back on recurring bill payments
1% cash back on all other purchases
Annual fee: $1200 (often waived first year)
Income: $800k individual / $1500k household
Accepted at Costco (Mastercard)

Best AIR MILES Card

BMO AIR MILES World Elite Mastercard

The top AIR MILES credit card in Canada. Earn 1 Mile per $100 on all spending — the highest credit card earn rate in the AIR MILES program. Includes lounge access, insurance, and no foreign transaction fees.

1 Mile per $100 on all purchases
2x Miles at AIR MILES partner stores
4 free DragonPass airport lounge visits annually
No foreign transaction fees
Annual fee: $1200
Income: $800k individual / $1500k household

BMO Ascend World Elite Mastercard

BMO's flagship travel rewards card earns BMO Rewards points redeemable for flights, hotels, and more. The 5x rate on travel purchases is strong for frequent bookers.

5 BMO Rewards pts/$ on eligible travel purchases
3 pts/$ on dining, entertainment, and recurring bills
1 pt/$ on everything else
4 complimentary airport lounge passes (DragonPass)
Annual fee: $1500

BMO CashBack Mastercard (No Fee)

The best no-fee BMO card for everyday use. Earn 3% on groceries, 1% on recurring bills — solid rates for a card with zero annual cost.

3% cash back on groceries
1% cash back on recurring bill payments
00.5% cash back on everything else
No annual fee, no income requirement
Student version available

BMO AIR MILES Partner Stores

BMO is the primary banking partner for AIR MILES. Beyond earning on the card, collect extra Miles at:

Shell gas stations
Rexall pharmacies
Sobeys, Metro, IGA (in some regions)
Home Hardware
Staples
Budget and National car rental
Hundreds of online and retail partners

Earn Cash Back Without a Credit Card — KOHO

KOHO's prepaid Mastercard earns cash back on groceries and gas without the risk of credit card debt. No credit check, no annual fee. Use code 45ET55JSYA for a sign-up bonus.

Get KOHO Free — Use Code 45ET55JSYA

Bottom Line

BMO's strongest card is the CashBack World Elite Mastercard — the 5% grocery rate is one of Canada's best. AIR MILES collectors should go with the BMO AIR MILES World Elite. For students and credit newcomers, the BMO CashBack Mastercard provides solid no-fee rewards on everyday spending.