BMO · Rewards Calculator
BMO CashBack MastercardRewards Calculator
| Category | Earn Rate |
|---|---|
| Grocery purchases | 3% cash back |
| Recurring bill payments | 1% cash back |
| All other purchases | 0.5% cash back |
Enter Your Monthly Spending
We'll calculate your cash back earnings by category
Supermarkets & grocery stores
Restaurants, takeout, food delivery
Gas stations & EV charging
Public transit, Uber, taxis
Flights, hotels, car rentals
Netflix, Spotify, digital subs
Phone, internet, utilities
Pharmacies & drugstores
Movies, events, concerts
Everything else
Enter your monthly spending above
Fill in how much you spend in each category to see a detailed breakdown of your cash back earnings with the BMO CashBack Mastercard.
Or try a quick-fill preset to get started
Ready to apply for the BMO CashBack Mastercard?
Read our full review for detailed information on benefits, insurance coverage, and how to maximize your cash back.
Welcome Bonus
Bonus
Up to 5% cash back in the first 3 months
~$150 estimated value
How to Earn It
Up to 5% cash back on all purchases (promotional rate)
Spend $0 first 3 months
Card Details
- Annual Fee
- No annual fee
- Additional Card Fee
- Free
- Network
- Mastercard
- Rewards Program
- Cash Back
- Purchase Interest Rate
- 21.99%
- Cash Advance Rate
- 23.99%
- Foreign Transaction Fee
- 2.5%
- Lounge Access
- No
How to Use the BMO CashBack Mastercard Rewards Calculator
This calculator helps you estimate how many cash back you can earn each month and year based on your real spending habits. Enter your average monthly spending in each category above — groceries, dining, gas, transit, travel, streaming, and more — and the calculator will automatically apply the BMO CashBack Mastercard's earn rates to show you a complete breakdown.
Understanding BMO CashBack Mastercard Earn Rates
The BMO CashBack Mastercard earns cash back at different rates depending on the spending category. Here's how the card's tiered earn structure works:
- Grocery purchases: 3% cash back
- Recurring bill payments: 1% cash back
- All other purchases: 0.5% cash back
By focusing your spending on the highest-earning categories, you can maximise the value you get from the BMO CashBack Mastercard. Use the presets above to quickly model different spending profiles and see how your rewards change.
Maximising the Value of Your cash back
The true value of your cash back depends on how you redeem them. As part of the Cash Back program, you have several redemption options available — from travel bookings to transfer partners. Use the point valuation slider in the calculator to see how different redemption strategies affect the dollar value of your earnings.
No Annual Fee Advantage
One of the benefits of the BMO CashBack Mastercard is that it has no annual fee, meaning every point you earn is pure value. There's no annual cost to offset, so even modest spending can deliver meaningful rewards over time.