Learn all the information about the BMO CashBack® Mastercard®* for Students
The BMO CashBack Mastercard for Students offers tailored cashback rewards, no annual fee, and flexibility for students looking to manage their finances and earn while they spend.
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Tailored for Students
Specially designed for students, the card provides essential financial tools with no annual fee.
Earn Cash Back on Every Purchase
Get 3% cashback on groceries, 1% on recurring bill payments, and 0.5% on all other purchases.
Exclusive Welcome Bonus
Earn up to 5% cashback in the first three months as part of the welcome offer.
Zero Annual Fee
Enjoy all the benefits of the card without worrying about an annual fee, perfect for students on a budget.
Why Choose the BMO CashBack Mastercard for Students?
The BMO CashBack Mastercard for Students is the perfect choice for those embarking on their financial journey. Designed specifically for students, this card offers an easy way to start building credit while earning rewards. One of the main benefits of this card is the cashback rewards on everyday purchases, allowing students to earn as they spend. You can enjoy cashback on essential categories like groceries, recurring bills, and other regular purchases, making it easier to save money on the things you buy most. With no annual fee, the BMO CashBack Mastercard for Students ensures that students can start earning rewards without worrying about extra costs. This makes it an affordable option for those who are looking to manage their finances effectively without the burden of yearly fees. Whether you’re buying groceries for the week, paying for streaming services, or covering utility bills, this card rewards you for your everyday spending. The student-centric features of the BMO CashBack Mastercard make managing finances not only simple but also rewarding. With a user-friendly online banking platform and app, students can track their spending, monitor cashback rewards, and stay on top of their finances with ease. The card also helps students build credit responsibly, providing a solid foundation for future financial endeavors. The cashback earned through this card can be used for a variety of purposes, including statement credits, saving for a larger purchase, or even funding a special trip. This flexibility makes the BMO CashBack Mastercard for Students not just a tool for spending, but a way to start building a financially secure future. For students looking to maximize their purchasing power and earn rewards while building credit, the BMO CashBack Mastercard for Students is an excellent, no-fee option that provides great value and convenience. Its thoughtful design and rewards system make managing finances as easy as swiping your card.
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What cashback rates does the card offer?
You earn 3% cashback on groceries, 1% on recurring bill payments, and 0.5% on all other purchases.
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Is there a welcome bonus?
Yes, new cardholders can earn up to 5% cashback in the first three months as part of the welcome offer.
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Does this card have an annual fee?
No, the BMO CashBack Mastercard for Students has no annual fee.
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Is this card suitable for students with limited credit history?
Yes, this card is designed to help students build their credit while enjoying rewards and benefits.
How to Apply for the BMO CashBack Mastercard for Students
Students can apply online through the BMO website in minutes. The process is straightforward, and eligibility is focused on student-friendly requirements to help you get started quickly.