BMO SPC CashBack Mastercard
Annual Fee
$0.00
Interest Rate
19.99%
Balance Transfer
22.99%
Cash Advance
22.99%
Credit Score
No Credit
Rewards
1.00%*
- Welcome offer: Earn up to 5% cash back in your first 3 months.
- Earn 1% cash back on all purchases
- Get exclusive SPC discounts from 10% to 15% at hundreds of your favourite stores
- Get exclusive deals and access to concerts, movie premiers, sports events and more with BMO Extra Deals
- Purchase protection and extended warranty on most items bought with your card
You must be a Canadian resident
- Welcome offer: Earn up to 5% cash back in your first 3 months.
- Earn 1% cash back on all purchases
- No annual fee.
- Get exclusive SPC discounts from 10% to 15% at hundreds of your favourite stores
- Get exclusive deals and access to concerts, movie premiers, sports events and more with BMO Extra Deals
- No third-party authorization is needed.
- Get purchase protection and extended warranty.
Summary
The BMO SPC CashBack Mastercard is a student card that allows its holders to earn cash back on all purchases, as well as exclusive deals and discounts from hundreds of stores. This card comes with a welcome offer of up to 5% cash back in your first 3 months!
Our Review
BMO SPC CashBack Mastercard
The BMO SPC CashBack Mastercard is a student card that allows its holders to earn cash back on all purchases, while taking advantage of exclusive deals and discounts from hundreds of stores. This card is specifically geared towards students, meaning you don’t need third-party authorization to become a member and you don’t pay an annual fee. Holders will benefit from a welcome offer of up to 5% cash back in their first 3 months, and earn 1% cash back on all purchases after that promotional period. The BMO SPC CashBack MasterCard has a pretty modest cash back rate, and does not include insurance coverage, but for a no-fee starter card it could be a good option for students.
As per our rating system, this card scored 18/25 on rewards, 16/25 on interest rates and balance transfers, 9/25 on perks and insurance, and 25/25 on annual fees. Therefore, the total smart score of this card is 68/100.
Pros
- Cardholders will only be awarded cash back annually.
- This card does not include insurance coverage.