BMO® Mastercard®*

BMO MasterCard

Get a BMO University of Waterloo Mastercard today!

We partnered in 2008 to offer the BMO University of Waterloo Mastercard.  Every time you make a purchase with your card, BMO makes a contribution to us at no additional cost to you. It’s an easy way to support our alumni programs and show your pride in being a Waterloo alumni!

Select the card that best suits your needs:

No Fee1 BMO University of Waterloo AIR MILES®† Mastercard

Get 2X the Miles for every $20 spent at participating AIR MILES Partners.2       Get 1 Mile for every $20 spent everywhere else.3

Limited time offer:  Get 800 AIR MILES Bonus Miles.4

No Fee1 BMO University of CashBack® Mastercard

Limited time offer:  Get 5.0% cash back on all your card purchases in your first 3 months.5

After your first 3 months, get 3% cash back on grocery purchases, 1% cash back on recurring bill payments and 0.5% unlimited cash back on all other purchases!6A,6B,6C,6D

Apply today at bmo.com

BMO MasterCard

Terms and conditions

  1. Ongoing interest rates, interest-free grace period, annual fees and all other applicable fees are subject to change. Cash advances include balance transfers, cash-like transactions and Mastercard cheques. Visit your branch; call the Customer Contact Centre at 1-800-263-2263, or visit bmo.com/rates-fees for current rates and fees.
  2. 2x the Miles: BMO AIR MILES Mastercard cardholders will earn 2 AIR MILES Reward Miles for every $20 in purchases at participating AIR MILES Partners. Participating AIR MILES Partners may be added or removed at any time without notice, visit airmiles.ca/2xMiles for Partner details. Miles will be calculated on the total eligible cumulative purchases made at all participating AIR MILES Partners and credited to your account within 90 days after the end of the applicable statement period. The number of Miles earned will be rounded down to the nearest whole number. Fractions of Miles will not be awarded. Eligible purchases are purchases charged to your credit card account (less refunds and excluding cash advances, cash-like transactions, interest charges, fees and credit or debit adjustments). The “2x the Miles” benefit is available on eligible purchases and may be withdrawn or changed at any time without notice. The “2x the Miles” benefit is applicable to the following BMO Credit Card products with no annual fee: BMO AIR MILES Mastercard, BMO IGA AIR MILES Mastercard, BMO Sobeys AIR MILES Mastercard, BMO Shell AIR MILES Mastercard, and BMO Affinity AIR MILES Mastercard cards. This benefit does not apply to any BMO AIR MILES Mastercard not named in the above list. ® Registered trademark of Bank of Montreal. ®* Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Used under license.  ®† Trademarks of AM Royalties Limited Partnership used under license by LoyaltyOne, Co. and Bank of Montreal.
  3. Offer is cumulative over the statement period. Award of Miles is made for purchases charged to your account (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) and is subject to the AIR MILES Terms and Conditions and the BMO Mastercard Cardholder Agreement. The number of Miles will be rounded down to the nearest whole number. Fractions of Miles will not be awarded.
  4. BMO AIR MILES Mastercard applications must be received between May 1, 2020 and October 31, 2020 (the “Offer Period”). 800 AIR MILES Bonus Miles offer is limited to new accounts. Existing BMO AIR MILES Mastercard customers who cancel their card during the Offer Period, and existing BMO Mastercard customers who transfer into this product during the Offer Period are not eligible. 800 Bonus Miles will be awarded when you spend $1,000 in net card purchases (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) in the first three (3) months from the Credit Card open date. The Bonus Miles will be credited to the primary Credit Cardholder’s Collector Account within ninety (90) business days following the qualifying $1,000 spend. All Bonus Miles will be credited in accordance with the set balance preference (between AIR MILES Cash and AIR MILES Dream balances) at the time of posting. The AIR MILES Bonus Miles Offer is subject to the AIR MILES Reward Program Terms and Conditions. Limit of one Bonus offer per Collector Account. If you cancel your card within ninety (90) days of opening your account, the Bonus reward miles will be cancelled. This offer may be changed, extended or withdrawn at any time without notice.
  5. BMO CashBack Mastercard applications must be received between May 1, 2020 and October 31, 2020 to receive the 5% welcome bonus cash back offer. You will earn cash back for every dollar spent (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) as follows: Grocery purchases: Receive 3% cash back on eligible grocery purchases (classified by Mastercard’s “Merchant Category Code” as “grocery stores and supermarkets” MCC 5411) up to a maximum of $500 per billing cycle and an additional 2% bonus cash back for the first three (3) billing cycles up to a maximum of $500 spent. Recurring Bill Payments: Receive 1% cash back on eligible recurring bill payments (defined as payments made on a monthly or regular basis, and which are automatically billed by the merchant to your BMO CashBack Mastercard) up to a maximum of $500 per billing cycle and an additional 4% bonus cash back for the first three (3) billing cycles up to a maximum of $500 spent. All other purchases: Receive 0.5% cash back in purchases (non-grocery and non-recurring bill payments) and an additional 4.5% bonus cash back for the first three (3) billing cycles up to a maximum of $1,500 spent. The 5% bonus cash back offer is limited to new BMO CashBack Mastercard accounts and will not be awarded to current or former cardholders who reinstate a closed account, product transfer, or who open a new account. Limit of one bonus offer per account. If you cancel your card within ninety (90) days from the date your account is opened, all CashBack Rewards earned within that period will be cancelled. This offer may be withdrawn or changed without notice.
  6.  
    1. Earn 3% cash back on Grocery Store purchases up to a maximum of $500 spent per statement cycle period. The 3% cash back includes the base earn rate of 0.5% cash back for card purchases (“Base Rewards”) and the bonus of 2.5% cash back for Grocery Store Purchases (“Bonus Rewards”). To earn Bonus Rewards, your Grocery Store Purchase must be made at merchants classified by Mastercard’s “Merchant Category Code” as “grocery stores and supermarkets” (MCC 5411). BMO (“Bank of Montreal”) cannot guarantee that any merchant, operating in whole or in part as a grocery store, is classified by MCC 5411 and in no event will BMO be liable or responsible for any claims with respect to a grocery store purchase made at a merchant that is not classified by MCC 5411. To consult the list of participating merchants, please call the number on the back of your card.
    2. Earn 1% cash back on Recurring Bill Payments up to a maximum of $500 spent per statement cycle period. The 1% cash back includes the base earn rate of 0.5% cash back for card purchases (“Base Rewards”) and the bonus of 0.5% cash back for Recurring Bill Payments (“Bonus Rewards”). Recurring bill payments are defined as payments made on a monthly or regular basis, and which are automatically billed by the merchant to your BMO CashBack Mastercard. Not all merchants offer recurring payments, and not all ongoing payments will be considered “recurring bill payments” and therefore may not earn Bonus Rewards. Please check with your merchant to see if your recurring payment qualifies.
    3. Receive 0.5% unlimited cash back on non-grocery and non-recurring bill payment purchases, and on grocery purchases and recurring bill payment purchases that exceed the $500 maximum spend per statement period.
    4. Offer is cumulative over the statement period. Award of CashBack rewards is made for purchases charged to your account (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) and is subject to the CashBack Rewards Terms and Conditions and the BMO Mastercard Cardholder Agreement. The number of CashBack rewards will be rounded down to the nearest cent.

® Registered trademark of Bank of Montreal. ®* Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Used under license.  ®† Trademarks of AM Royalties Limited Partnership used under license by LoyaltyOne, Co. and Bank of Montreal.