BMO CashBack Mastercard applications must be received between May 1, 2020 and October 31, 2021 to receive the 5% welcome cash back offer. You will be reimbursed for every dollar spent (minus refunds and cash advances, cash transactions, Interest charges, taxes, credit or debit adjustments) as follows: Food purchases: You will receive 3% cash on eligible food products Purchases (classified by Mastercards “Merchant Category Code” as “supermarkets” MCC 5411) up to a maximum of $500 per billing cycle and 2% more for the first three (3) billing cycles up to one $500 maximum. Recurring Bill Payment: You receive 1% cash back on recurring billing payments (defined as monthly or regular payments and billed automatically by the merchant to your BMO CashBack Mastercard) up to a maximum of $500 per billing cycle and an additional bonusback for the first three (3) billing cycles issued up to a maximum of $500. All other purchases: Get 0.5% cash in return in purchases (non-food and single invoices) and an additional 4.5% bonus-back for the first three (3) billing cycles issued up to a maximum of $1,500. The 5% cash back offer is limited to new BMO CashBack Mastercard accounts and is not allocated to current or former cardholders who open a closed account, product transfer or new account. Limit one bonus offer per account. If you cancel your card within 90 (90) days of opening your account, all CashBack premiums collected during that period will be void. This offer can be withdrawn or amended without notice. The reload of the offer is calculated on the basis of the total eligible purchase transactions that collect basic miles from Shell during the offer period. The set of miles allocated in connection with the recharging offer is a combination of base miles allocated by Shell, base miles awarded by BMO, including all accelerator miles, and bid mileage load, which are equal to 5 times the base miles awarded by Shell.

During the offer period for eligible Convenience Store transaction purchases, a maximum of 2,500 miles of reload per cardholder can be allocated. Has. The offer is cumulative over the billing period. CashBack premiums are paid for purchases that will be debited to your account (minus cash refunds and no cash advances, cash transactions, interest charges, payment fees, credit or debit adjustments) and will be subject to cashBack and Rewards terms under the BMO Mastercard Cardholder agreement. The number of CashBack rewards is rounded to the next penny. Terms: CashBack World Mastercard: With the BMO CashBack World Mastercard, you only receive cashback bonuses in your account up to a maximum monthly expense of $7,000. Under these terms and conditions, any credit transfer is allowed for a promotional interest rate of 1.99%, provided that any credit transfers to your BMO CashBack Mastercard or BMO Rewards account (the “Account”) are booked and your account remains well placed. The offer is only available to new customers after account authorization for applications submitted on Or after August 8, 2018. Balances on other BMO credit card accounts cannot be transferred.

The promotional price no longer applies to your account if you transfer to a card other than BMO CashBack Mastercard or BMO Rewards Mastercard.