Students – BMO CashBack® Mastercard®*

Welcome offer
5% of cash back
You can redeem the cash back whenever you want, or get rewarded automatically. BMO CashBack® Mastercard®* applications must be received between September 2, 2022 and July 31, 2023 to be eligible for welcome bonus offer. The 5% cash back earn rate applies to eligible purchases including groceries, bill payments, and other purchases. You can't earn cash back on refunds, cash advances, cash-like transactions, and interest charges.
20.99% Purchase
22.99% Cash advance
3% of cash back
†Based on a comparison of the non-promotional grocery rewards earn rate on cash back credit cards with no annual fee as of June 1, 2022.
$0 Main cardholer
$0 Additional card


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Welcome offer
The calculation result is based on the conversion of the welcome offer points into statement credit
Estimated annual rewards
The calculation result is based on the conversion of the maximum number of points that can be awarded after the first year

This card is awesome for a student user because :

Get 5% cash back in your first 3 months*

Get 5% cash back in your first 3 months.*Then get 3% cash back on grocery purchases, 1% cash back on recurring bill payments and 0.5% unlimited cash back on all other purchases!*

Now earn the highest cash back on groceries in Canada without paying an annual fee!†

The BMO CashBack® World Elite®* Mastercard®* offers the highest cash back earn rate on groceries in Canada.* With this card, you can earn 3% cash back on groceries purchased at any store in Canada. This is a great card for anyone who wants to earn cash back on their grocery purchases.

Best BMO CashBack Mastercard for Students

This is one of the best credit card for students, as it comes with no annual fees and allows its users to get cash back every time they spend while building a healthy credit history.

No annual fee

The Students – BMO CashBack® Mastercard®* has no annual fee, so you don’t have to worry about paying extra just to keep your card active.





Purchase Security

Shop confidently with Purchase Security Insurance which provides up to 90 days of coverage against theft or damage of covered items from the date of purchase.


Extended Warranty

Extended Warranty Insurance by BMO doubles the original manufacturer’s warranty to a maximum of 1 additional year.



Worldwide customer service

BMO cards come with 24/7 customer support anywhere in the world.


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