Find my card

BMO Blue Rewards Mastercard

BMO Blue Rewards Mastercard

Reviewed by Jen, founder of MoneyMint · Updated September 25, 2026

BMO Blue Rewards Mastercard
BMONo-Fee Everyday Rewards

BMO Blue Rewards Mastercard

Our take: strongest for travel — about 3.35% back in value (est.) with no annual fee, plus a welcome bonus we value at roughly $134.

Welcome bonusEarn 20,000 Blue Points after $1,500 in spend within 110 days
Apply on BMO’s site →

  • Goes straight to BMO
  • Our review

The BMO Blue Rewards Mastercard is a no-fee card built around BMO’s newly launched Blue Rewards loyalty program (which replaced BMO’s AIR MILES partnership in June 2026). It earns 1 point per dollar on groceries, gas, EV charging, wholesale clubs, and alcohol, and 5 points per dollar at Blue Rewards Partners including Expedia-powered travel — the categories capped at $500 per category per statement cycle and the Partner rate at $15,000 in net purchases a year — plus a modest 0.5 points per dollar on everything else. It suits shoppers who mostly stick to those bonus categories and want to try the new program without paying an annual fee.

3.1out of 5

MoneyMint rating

#24 of 34 no-fee rewards cards · How we rate

Rewards value
2/10
Insurance
4/10
Flexibility
8/10
Welcome bonus
2/10
Fee value
10/10
Perks
0/10

≈ $309

estimated first-year value after the annual fee, on a typical $2,050/month budget. Points are converted to dollars using MoneyMint’s own valuations — see our points value calculator for how each program is valued. See it for your spending →

At a Glance

Annual fee

$0

Rewards rate

Up to 5 pts/$1Blue Rewards Partners, capped at $15,000/calendar year

Welcome bonus

20,000 ptsafter $1,500 spend within 110 days

Rewards

~3.35%on travel (est. value)

Credit score needed

Good

Foreign transaction fee

2.5%

Pros & Cons

Pros

  • No annual fee for the primary card or supplementary cards

    • \n

  • 1 point per dollar (2x the base rate) on groceries, gas, EV charging, wholesale clubs, and alcohol

    • \n

  • 5 points per dollar at Blue Rewards Partners, including Blue Rewards Travel powered by Expedia

    • \n

  • Extended warranty and purchase protection included

    • \n

  • 0.99% introductory balance transfer rate for 9 months (2% transfer fee)

Cons

  • Base earn rate outside bonus categories is a modest 0.5 points per dollar

    • \n

  • Bonus-category and Partner earning are both capped at just $500 in spend per statement cycle — a relatively low ceiling

    • \n

  • Blue Rewards is a newly launched program (June 2026), replacing BMO’s AIR MILES partnership, so its redemption ecosystem is still maturing

    • \n

  • BMO doesn’t publish a minimum income requirement for this card, making it hard to self-assess eligibility upfront

    • \n

  • 21.99% purchase APR is on the higher side for a no-fee card if you carry a balance

Rewards & Earn Rates

Groceries, gas, EV charging, wholesale clubs, alcohol1 pt/$1capped at $500 in spend per statement cycle

\n

Blue Rewards Partners (incl. Expedia travel)5 pts/$1capped at $500 in spend per statement cycle

\n

All other purchases0.5 pt/$1
The two caps work differently, which is easy to miss: the accelerator categories are capped at $500 in net purchases per category per statement cycle, while Blue Rewards Partner earning is capped at a combined $15,000 in net purchases per calendar year. Past the cap, purchases earn the base rate only. Both figures are from BMO’s credit card terms and conditions.

Who It’s For

Best for

  • No-fee shoppers who mostly stick to groceries, gas, EV-charging, or wholesale-club spending and want to try BMO’s new Blue Rewards program

    • \n

  • Anyone who wants a simple no-fee card with solid purchase protection

    • \n

  • Anyone consolidating debt who can use the 9-month 0.99% balance-transfer rate

Not ideal for

  • Big spenders who’d blow past the $500-per-statement-cycle caps quickly and want unlimited high-rate earning

    • \n

  • Travel-focused spenders better served by BMO’s fee-based travel cards

    • \n

  • Anyone who carries a balance regularly, given the 21.99%+ APR
IssuerBMO
Annual fee$0

\n

Welcome bonus20,000 pts

\n

Foreign transaction fee2.5%
MoneyMint rating3.1 / 5

Apply on BMO’s site →

This link goes directly to BMO’s official page. MoneyMint doesn’t currently have a paid partnership for this card, so this isn’t a monetized recommendation.

+ Compare with other cards

Not Sure? Three Cards People Compare It With

All everyday spending cards →

Home Trust Preferred Visa Card

Home Trust Preferred Visa Card

Pick this instead if you spend abroad — it has no foreign transaction fee.

Fee $0Rating 3.4 ★

Read review

BMO CashBack Business Mastercard

BMO CashBack Business Mastercard

Pick this instead if most of your spending is gas (~1.5% est.).

Fee $0Rating 2.6 ★Bonus $150

Read review

BMO eclipse rise Visa Card

BMO eclipse rise Visa Card

Pick this instead if most of your spending is groceries (~1.68% est.).

Fee $0Rating 3.3 ★Bonus $134

Read review

Further Reading

3.1MoneyMint rating

BMO Blue Rewards Mastercard

Best for travel · No annual fee · ~$134 welcome bonus (est.)

Apply on BMO’s site →Find a better fit

J

Jen, founder of MoneyMint

Reviewed by Jen. Every figure on this page was checked against BMO’s official card page on September 25, 2026. How we rate cards →

This is general information, not personalized financial advice — consider your own spending habits and consult a professional for decisions specific to your situation. Rates, fees, and offers are set by BMO and can change without notice; always confirm current terms on the issuer’s official page before applying.

Frequently Asked Questions

What is the annual fee for the BMO Blue Rewards Mastercard?

The BMO Blue Rewards Mastercard has an annual fee of $0.

What is the rewards rate on the BMO Blue Rewards Mastercard?

The BMO Blue Rewards Mastercard offers: 1 point per dollar on groceries, gas, EV charging, wholesale clubs, and alcohol; 5 points per dollar at Blue Rewards Partners including Expedia-powered travel (categories capped at $500 per statement cycle; Partners at $15,000 per calendar year); 0.5 points per dollar on all other purchases

Does the BMO Blue Rewards Mastercard have a welcome bonus?

20,000 Blue Points Requires $1,500 in net purchases within 110 days of account opening. Offer window reported as June 2 – October 31, 2026 – confirm still live before applying. Also includes a 0.99% introductory balance transfer rate for 9 months (2% transfer fee).

What credit score do I need to qualify for the BMO Blue Rewards Mastercard?

Generally, you’ll want a good credit score to be considered for the BMO Blue Rewards Mastercard. Approval also depends on income and overall credit history, not credit score alone.

Does the BMO Blue Rewards Mastercard charge foreign transaction fees?

2.5%