Is BMO CashBack Mastercard worth it?
BMO CashBack Mastercard can be a fit for people comparing cashback cards from BMO. The main things to weigh are the $0 annual fee, the rewards structure, and whether the benefits match your spending habits.
Rewards breakdown
Wafacard summary: this cash-back card shows cash-back earning from 0.5%-3% depending on the purchase type and issuer rules. Check the issuer page for eligible categories, caps, and current terms.
Intro offer: Intro value may include 200 points. Confirm current requirements with the issuer.
Card details
Wafacard note: key fit signals include intro apr or transfer-focused terms, extended warranty coverage may be included, no yearly card fee, cash-back earning focus. Availability, exclusions, and enrollment rules can vary by issuer terms.
- Network
- Mastercard
- Review status
- Terms reviewed 6/30/2026
Fees and terms
Rates and fees can change by applicant profile and issuer updates. Confirm current terms on the issuer website before applying.
- Annual fee
- No annual fee
- Purchase APR
- APR range: 21.99%
- Balance transfer APR
- APR range: 0.99%
- Cash advance APR
- APR range: 23.99%
- Promo APR length
- 9 months
- Foreign transaction fee
- Check issuer terms
- Late payment fee
- Up to $41
- Grace period
- 25 days
- Recommended credit
- Good (670-719)
- Terms last updated
- 6/22/2026
Key benefits
- Intro APR or transfer-focused terms
- Extended warranty coverage may be included
- No yearly card fee
- Cash-back earning focus