BMO · Cash Back
| Category | Rate | Notes |
|---|---|---|
| Groceries | 5x | 5% (cap $500/mo) |
| Transit | 4x | 4% cash back |
| Gas | 3x | 3% cash back |
| Streaming | 2x | 2% recurring bill payments (cap $500/mo) |
| Everything Else | 1x | 1% cash back |
$40/mo cash back for 12 months ($2K min spend/cycle)
Minimum income requirement: $80,000/year
The BMO CashBack World Elite Mastercard has an annual fee of $120 (first year waived).
The BMO CashBack World Elite Mastercard earns 5x on groceries, 4x on transit, 3x on gas, and 1x on everything else. It is part of the Cash Back program.
The BMO CashBack World Elite Mastercard is best for groceries, gas, transit, cash back. It is a mid tier card on the Mastercard network. At $120/year, the value depends on how much you spend in its bonus categories.
No, the BMO CashBack World Elite Mastercard earns Cash Back which does not transfer to Aeroplan.
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