Travel Rewards
No Annual Fee
Balance Transfer
BMO eclipse rise Visa Card
BMO Bank of Montreal
Current Welcome Offer
20,000 points + up to 5,000 bonus points every year
Annual Fee
$0
Purchase APR
21.99%
Cash Adv. APR
23.99%
Welcome Bonus
~$168
RateBuddy Verdict
The Good
- No annual fee makes it a low-risk option for building credit.
- Unique bonus points rewarded for responsible on-time payment habits.
- Includes Mobile Device Insurance, which is rare for a no-fee entry card.
- Earns accelerated rewards on popular lifestyle categories like dining and food delivery.
The Trade-offs
- Base earn rate is low at only 1 point for every $2 spent on non-category purchases.
- Lacks comprehensive travel insurance such as emergency medical or trip cancellation.
Rewards & Earnings
Groceries 2.50%
Dining & Takeout 2.50%
Base Rate 0.50%
Rewards Summary: Groceries, Dining & Takeout: 5 pts per $2; Recurring Bills: 5 pts per $2; Base Earn: 1 pt per $2; Payment Bonus: 2,500 pts annually for on-time payments; Redemption Bonus: 2,500 pts annually for statement credits; Instacart: 3 months free + $5/month credit
- Groceries & Dining: 2.5 pts/$1
- Recurring Bills: 2.5 pts/$1
- All Other Purchases: 0.5 pts/$1
Welcome Bonus Details
20,000 points + up to 5,000 bonus points every year
Estimated Value: $168.00
Features & Benefits
No Annual Fee
Mobile Device Insurance
Up to $1,000 coverage against loss, theft or accidental damage
Extended Warranty Insurance
Doubles manufacturer warranty up to 1 year
Purchase Security Insurance
90 days from date of purchase
Baggage Delay/Loss Insurance
Made with recyclable PVC
Additional Perks
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Insurance Coverage
Mobile Device Insurance: $1,000 coverage; Purchase Security: 90 days; Extended Warranty: +1 Year; Travel/Medical: Not Included
Rates & Fees Details
| Purchase APR | 21.99% |
|---|---|
| Cash Advance APR | 23.99% |
| Annual Fee | $0 |
| Income Required | No specific requirement listed. |