Overall rating
First year value
$266.2
Get this card if you:
- want to quickly earn points on everyday spending
- want flexible point redemption options
- value a great welcome offer
Highlights
$266.2
First year value
20K points
Welcome bonus
Interest Rates
21.99%
Purchase APR
23.99%
Balance transfer APR
Eligibility
Poor
Recommended credit score
Quick overview of BMO eclipse rise Visa Card
I've always felt that BMO lags behind in the credit card game. When have they ever cracked seriously into the discussions of top points, cashback or any other cards? With that said, its eclipse rise Visa Card (stylized in lowercase just to drive me crazy) is a half-decent cash back card worth a glance if you're looking for a daily spender.
The high level is this – there are all sorts of ways to earn points, including 5x multipliers on recurring bill payments, dining and more. All this and more, with no annual fee. Nice! But there's always a catch, and this one is pretty straightforward – BMO reward points aren't great compared to other rewards, and you need a boatload to redeem them for anything more than a latte. Plus, you don't earn them on every dollar spent, which feels needlessly cruel.
Despite these considerations, the BMO eclipse rise Visa Card could be a draw for BMO enthusiasts. If you're one of them, here's what you need to know:
Who’s BMO eclipse rise Visa Card for?
The eclipse rise has a sort of “every person” appeal but is branded squarely to appeal to elder Gen Z and younger millennials, two groups particularly averse to capitalization. The eclipse rise competes squarely against cards like the Amex Cobalt for spend-happy urban professionals who like to dine out/order in and want to get something back in exchange. The distinguishing feature of the eclipse rise is the absence of an annual (or monthly) fee, which may add to its appeal for younger folks who are looking to be a bit more financially conscious.
Pros and cons
Pros
-
Higher earn rates in everyday spending categories (dining, groceries, recurring bills)
-
No annual fee
-
Mobile device insurance
-
Bonuses for paying your bills on time
-
Balance transfer offer of 0.99% for 9 months
-
No income requirements
Cons
-
Point value could be stronger
BMO eclipse rise Visa Card welcome bonus
- Get 20,000 points when you spend $1,500 in the first 3 months - that's a $133 value!
- Get 0.99% for 9 months with a 2% fee
How to earn BMO rewards points on BMO eclipse rise Visa Card
Like a bunch of the other daily driver cards (I’m looking at you, Scotiabank Scene cards), the best way to earn points on the eclipse rise is spending frequently in the 5x categories of groceries, dining and takeout. This is somewhat disingenuous because, as I mentioned above, that multiplier only applies to every $2 spent, effectively nerfing it.
There’s other ways to earn though, including the nifty deal of 2,500 bonus points for paying off your balance on time, every time for the first year you have it. Plus, another 2,500 points if you cash in 12,000 points within your year to pay down your balance.
I absolutely love banks incentivizing good financial prudence rather than the opposite, which is far more common.
How to redeem BMO rewards
A travel card, the BMO eclipse rise is certainly not. Nonetheless, the BMO rewards program exchanges decently well for travel (the calculator on their application page estimates that a one-night hotel stay in Banff could be accomplished with as few as 26,000 points).
There are various merchandise options, with the usual suspects of tools, tech and household products. But it seems like BMO wants you to pay with your points directly onto your balance, something they incentivize with their 2,500 bonus offer. The redemption here is pretty meh, with its marketing copy touting a latte could be paid with as few as 2,400 points. Woo hoo.
You can view and redeem your points easy-peasy on bmorewards.com, which offers a decent platform for points-powered window shopping.
BMO eclipse rise Visa Card key benefits
- $0 annual fee
- Accelerated earn rate on popular spending categories
- Point-driven incentives for good financial behaviour in the first year
BMO eclipse rise Visa Card insurance coverage
If you’re into insurance, there’s not much going on with the eclipse rise. Here’s all it’s got going on, and the list ain’t long:
- Extended warranty: This card will add an extra 1 year onto the warranty for products purchased with it.
- Purchase protection: The eclipse rise offers purchase protection for 90 days.
- Mobile device insurance: $1,000 for one year for your mobile device – simple as that.
…aaaaand that’s it.
Extra benefits
- Save up to seven cents per litre at Shell stations, a perk extended to all BMO cardholders.
- Access the BMO PaySmart plan for one purchase annually under $1,000. In essence, it allows you to break a larger purchase up into several smaller payments that incur less interest.
BMO eclipse rise Visa Card eligibility criteria, “other” rates and extra fees
- No personal or household income needs to be declared to apply for this card
- Recommended credit score of 660+
How BMO eclipse rise Visa Card compares
BMO eclipse rise Visa Card vs. Scotiabank Momentum No-Fee Visa
5% cash back
Welcome Bonus
$271
First Year Value
$171
Annual Value
Welcome Bonus: Earn 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases); Plus, get a 0% introductory interest rate on balance transfers for the first 6 months. Expires Nov 01, 2025
Get this card if you...
-
want to earn cash back with no annual fee
-
value a good welcome offer
-
don't need comprehensive insurance benefits
Annual Fee & Annual Interest Rates
$0
Annual Fee
19.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
-
Our Take
Scotiabank Momentum® No-Fee Visa* Card ReviewThe Scotiabank Momentum® No-Fee Visa* Card is a no-annual-fee credit card offering cash back on everyday purchases, with elevated rates for spending at gas stations, grocery stores, drug stores, and on recurring bill payments. It also routinely comes with a generous welcome bonus.
Eligibility
Fair (300 - 619)
Recommended Credit Score
-
Pros
-
No annual fee: The card does not charge an annual fee, making it cost-effective for users.
-
Cash back rewards: Offers 1% cash back on eligible gas, groceries, drugstore purchases and recurring bill payments.
-
Welcome bonus: There is a welcome bonus of 5% cash back on up to $2,000 in eligible purchases within the first three months.
-
Promotional balance Transfer Rate: A promotional 0% annual interest rate on balance transfers for the first six months (with a 2% balance transfer fee).
-
Rental car discounts: Cardholders can save up to 25% off base rates at participating AVIS and Budget locations in Canada and the U.S.
Cons
-
Limited insurance: No included insurance coverage, though optional insurance bundles are available for a fee.
-
Low base rewards rate: After exceeding the $25,000 spending cap, the cash back rewards drop to a base rate of 0.5%.
-
Rigid redemption process: Cash back is accumulated monthly but can only be redeemed once annually in November.
-
Balance transfer fee: There is a 2% balance transfer fee when utilizing the promotional balance transfer rate.
-
Foreign transaction fee: The card charges a 2.5% foreign transaction fee on purchases made in a foreign currency.
-
Limited perks: Compared to other no-fee cards, the Scotiabank Momentum No-Fee Visa Card offers fewer perks and lower reward rates.
-
-
Annual Interest Rates
19.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
0.00%
Balance Transfer (Introductory)
Fees
$0
Annual Fee
$2.5
Foreign Transaction
$5
Cash Advance
$29
Over The Limit Penalty
-
Rewards cash back
1%
Cash back at gas stations, grocery stores, drugs stores, and on recurring payments.
0.5%
Cash back on all other eligible purchases.
25%
Off base rates at Avid and Budget locations in North America.
-
Earn 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases); Plus, get a 0% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $0).
The 5% Cash Back and Introductory 0% Balance Transfer Rate Offer (the “Offer”) applies only to new Scotiabank Momentum No-Fee Visa credit card accounts (“Accounts”) that are opened by October 31, 2025 and is subject to the terms and conditions. All other terms and conditions of the Program Terms continue to apply during the Offer Period. Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.
Our Take
The Scotiabank Momentum® No-Fee Visa* Card is a no-annual-fee credit card offering cash back on everyday purchases, with elevated rates for spending at gas stations, grocery stores, drug stores, and on recurring bill payments. It also routinely comes with a generous welcome bonus.
Eligibility
Fair (300 - 619)
Recommended Credit Score
Pros
-
No annual fee: The card does not charge an annual fee, making it cost-effective for users.
-
Cash back rewards: Offers 1% cash back on eligible gas, groceries, drugstore purchases and recurring bill payments.
-
Welcome bonus: There is a welcome bonus of 5% cash back on up to $2,000 in eligible purchases within the first three months.
-
Promotional balance Transfer Rate: A promotional 0% annual interest rate on balance transfers for the first six months (with a 2% balance transfer fee).
-
Rental car discounts: Cardholders can save up to 25% off base rates at participating AVIS and Budget locations in Canada and the U.S.
Cons
-
Limited insurance: No included insurance coverage, though optional insurance bundles are available for a fee.
-
Low base rewards rate: After exceeding the $25,000 spending cap, the cash back rewards drop to a base rate of 0.5%.
-
Rigid redemption process: Cash back is accumulated monthly but can only be redeemed once annually in November.
-
Balance transfer fee: There is a 2% balance transfer fee when utilizing the promotional balance transfer rate.
-
Foreign transaction fee: The card charges a 2.5% foreign transaction fee on purchases made in a foreign currency.
-
Limited perks: Compared to other no-fee cards, the Scotiabank Momentum No-Fee Visa Card offers fewer perks and lower reward rates.
Annual Interest Rates
19.99%
Purchase
22.99%
Cash Advance
22.99%
Balance Transfer
0.00%
Balance Transfer (Introductory)
Fees
$0
Annual Fee
$2.5
Foreign Transaction
$5
Cash Advance
$29
Over The Limit Penalty
Rewards cash back
1%
Cash back at gas stations, grocery stores, drugs stores, and on recurring payments.
0.5%
Cash back on all other eligible purchases.
25%
Off base rates at Avid and Budget locations in North America.
Earn 5% cash back on all purchases for the first 3 months (up to $2,000 in total purchases); Plus, get a 0% introductory interest rate on balance transfers for the first 6 months (22.99% after that; annual fee $0).
The 5% Cash Back and Introductory 0% Balance Transfer Rate Offer (the “Offer”) applies only to new Scotiabank Momentum No-Fee Visa credit card accounts (“Accounts”) that are opened by October 31, 2025 and is subject to the terms and conditions. All other terms and conditions of the Program Terms continue to apply during the Offer Period. Offer may be changed, cancelled or extended at any time without notice and cannot be combined with any other offers.
BMO eclipse rise Visa Card vs. BMO eclipse Visa Infinite
up to 60K pts
Welcome Bonus
$762.4
First Year Value
$262.4
Annual Value
Welcome Bonus: Get up to 60,000 points worth $400 in travel rewards, a $50 lifestyle credit and the $120 annual fee waived in the first year - that's a $570 value in your first anniversary!* Expires Jun 01, 2025
Get this card if you...
-
want to maximize rewards on everyday spending
-
want travel insurance and exclusive Visa Infinite perks
-
value a generous welcome offer
Annual Fee & Annual Interest Rates
$120
Annual Fee
21.99%
Purchase
23.99%
Cash Advance
23.99%
Balance Transfer
-
Our Take
BMO eclipse Visa Infinite* Card ReviewThe BMO eclipse Visa Infinite* Card is a rewards credit card designed for individuals who frequently spend on categories such as groceries, dining, gas, and transit. It offers flexible redemption options through the BMO Rewards program and includes additional benefits like a lifestyle credit and various insurance coverages.
Eligibility
Very Good (671 - 739)
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
-
Pros
-
Excellent welcome offer: Get up to 60,000 points and a $50 lifestyle credit
-
Good earn rate in top spending categories
-
First year annual fee waiver* (Value: $120)
-
Includes new mobile device insurance: Up to $1,000 in coverage**
-
Annual $50 lifestyle credit to spend however you like*
-
Includes comprehensive travel insurance
-
Access to exclusive Visa Infinite benefits
Cons
-
High minimum annual income: Minimum $60,000 (individual) or $100,000 (household)
-
Insurance doesn't include trip cancellation coverage
-
-
Annual Interest Rates
21.99%
Purchase
23.99%
Cash Advance
23.99%
Balance Transfer
Fees
$120
Annual Fee
-
Rewards BMO Rewards
5x
Earn 5x the points for every $1 spent on groceries, gas, dining in and out and transit.*
10%
Earn 10% more points when you add an authorized user to your account.*
$50
Get a $50 annual lifestyle credit to spend however you want*
Insurance Benefits
$1,000
Mobile device insurance amount
$500,000
Travel accident insurance amount
$65,000
Rental car insurance amount
-
Get up to 60,000 points worth $400 in travel rewards, a $50 lifestyle credit and the $120 annual fee waived in the first year - that's a $570 value in your first anniversary!*
- 30,000 points when you spend $3,000 in the first 3 months, and 2,500 points for each subsequent month in which you make at least $2,000 in purchases on your card, for 12 months.
Our Take
The BMO eclipse Visa Infinite* Card is a rewards credit card designed for individuals who frequently spend on categories such as groceries, dining, gas, and transit. It offers flexible redemption options through the BMO Rewards program and includes additional benefits like a lifestyle credit and various insurance coverages.
Eligibility
Very Good (671 - 739)
Recommended Credit Score
$60,000
Required Annual Personal Income
$100,000
Required Annual Household Income
Pros
-
Excellent welcome offer: Get up to 60,000 points and a $50 lifestyle credit
-
Good earn rate in top spending categories
-
First year annual fee waiver* (Value: $120)
-
Includes new mobile device insurance: Up to $1,000 in coverage**
-
Annual $50 lifestyle credit to spend however you like*
-
Includes comprehensive travel insurance
-
Access to exclusive Visa Infinite benefits
Cons
-
High minimum annual income: Minimum $60,000 (individual) or $100,000 (household)
-
Insurance doesn't include trip cancellation coverage
Annual Interest Rates
21.99%
Purchase
23.99%
Cash Advance
23.99%
Balance Transfer
Fees
$120
Annual Fee
Rewards BMO Rewards
5x
Earn 5x the points for every $1 spent on groceries, gas, dining in and out and transit.*
10%
Earn 10% more points when you add an authorized user to your account.*
$50
Get a $50 annual lifestyle credit to spend however you want*
Insurance Benefits
$1,000
Mobile device insurance amount
$500,000
Travel accident insurance amount
$65,000
Rental car insurance amount
- 30,000 points when you spend $3,000 in the first 3 months, and 2,500 points for each subsequent month in which you make at least $2,000 in purchases on your card, for 12 months.
BMO eclipse rise Visa Card vs. BMO CashBack Mastercard
5% cash back
Welcome Bonus
$526
First Year Value
$401
Annual Value
Welcome Bonus: Get 5% cash back in your first 3 months* Expires Jun 01, 2025
Get this card if you...
-
want to earn cash back on everyday purchases
-
value the flexibility to redeem cash back at any time
-
value a great welcome offer
Annual Fee & Annual Interest Rates
$0
Annual Fee
21.99%
Purchase
23.99%
Cash Advance
23.99%
Balance Transfer
-
Our Take
BMO CashBack® Mastercard®* ReviewThe BMO CashBack® Mastercard®* is a no-annual-fee credit card that allows cardholders to earn cash back on everyday purchases, with elevated rates for categories such as groceries and recurring bill payments. It offers flexible redemption options and includes benefits like purchase protection and extended warranty.
Eligibility
Good (620 - 670)
Recommended Credit Score
$15,000
Required Annual Personal Income
-
Pros
-
No Annual Fee: A rare find in Canada for a cash back card
-
A generous 3% cash back on groceries (up to $500 monthly)
-
Easily redeem from $1, set up automatic redemptions, or use as a statement credit
-
Additional perks include discounts on rentals, free supplementary cards and show discounts
Cons
-
Outside of groceries and recurring payments, the standard earn rate drops to 0.5%
-
Monthly caps on top earn rates for groceries and recurring payments
-
A 2% balance transfer fee applies
-
The interest rate on the remaining balance transfer amount increases after the introductory period
-
-
Annual Interest Rates
21.99%
Purchase
23.99%
Cash Advance
23.99%
Balance Transfer
0.99%
Balance Transfer (Introductory)
Fees
$0
Annual Fee
-
Rewards cash back
3%
Cardholders earn 3% (up to a monthly max of $500) cash back on groceries
1%
Cardholders can earn 1% (up to $500 per month) on any recurring bill payments*
0.5%
Cardholders can earn 0.5% (no monthly max) on all other eligible purchases*
-
Get up to 5% cash back in your first 3 months‡‡ and a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee.§§
Our Take
The BMO CashBack® Mastercard®* is a no-annual-fee credit card that allows cardholders to earn cash back on everyday purchases, with elevated rates for categories such as groceries and recurring bill payments. It offers flexible redemption options and includes benefits like purchase protection and extended warranty.
Eligibility
Good (620 - 670)
Recommended Credit Score
$15,000
Required Annual Personal Income
Pros
-
No Annual Fee: A rare find in Canada for a cash back card
-
A generous 3% cash back on groceries (up to $500 monthly)
-
Easily redeem from $1, set up automatic redemptions, or use as a statement credit
-
Additional perks include discounts on rentals, free supplementary cards and show discounts
Cons
-
Outside of groceries and recurring payments, the standard earn rate drops to 0.5%
-
Monthly caps on top earn rates for groceries and recurring payments
-
A 2% balance transfer fee applies
-
The interest rate on the remaining balance transfer amount increases after the introductory period
Annual Interest Rates
21.99%
Purchase
23.99%
Cash Advance
23.99%
Balance Transfer
0.99%
Balance Transfer (Introductory)
Fees
$0
Annual Fee
Rewards cash back
3%
Cardholders earn 3% (up to a monthly max of $500) cash back on groceries
1%
Cardholders can earn 1% (up to $500 per month) on any recurring bill payments*
0.5%
Cardholders can earn 0.5% (no monthly max) on all other eligible purchases*
Is the BMO eclipse rise Visa Card worth it?
Like most no-fee cards, pretty much! That said, there are a lot of cash-back cards to consider, which might net you more value annually than the relatively sleepy BMO reward points. I’d shop around, paying close attention to your preferred spending categories.
FAQs
Cam is a content marketer with a passion for saving, financial independence, and pulling off elaborate credit card point schemes. He has worked in Fintech and Finserve (specifically Group Retirement) and loves researching and writing about finance.
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