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

BMO (Bank of Montreal)No Annual Fee / Credit Building

BMO eclipse rise Visa Card

Our take: strongest for groceries and dining — about 1.68% back in value (est.) with no annual fee, plus a welcome bonus we value at roughly $134.

Welcome offerGet 25,000 bonus points and a 0.99% introductory interest rate offer.

Apply on BMO’s site →

Goes straight to BMO
Our review

The BMO eclipse rise Visa Card is a no-annual-fee card designed for Gen Z and Millennial cardholders building their financial foundation. It pairs everyday rewards categories with a welcome offer and an introductory interest rate, aiming to help newer credit users build good habits without an annual fee getting in the way.

3.3out of 5

MoneyMint rating

#21 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

2/10

≈ $320

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

Welcome Bonus

25,000 bonus points + 0.99% intro rate offer

Rewards

~1.68%on groceries (est. value)

Rewards Rate

2.5 pts/$1 bonus categories; 0.5 pts/$1 elsewhere

Foreign Transaction Fee

2.5% (BMO standard)

Credit Score Needed

Fair to Good

Purchase APR 21.99% · Cash advance APR 23.99%

Pros & Cons

Pros

No annual fee — a straightforward first or building-credit card
Welcome offer includes bonus points plus an introductory interest rate on purchases
Positioned specifically for younger cardholders building credit history and habits
Backed by BMO’s standard Mastercard/Visa cardholder protections and mobile app tools
No income minimum barrier typical of premium-tier cards
Mobile device insurance up to $1,000 for loss, theft or accidental damage when you buy the device in full with the card or finance it through a Canadian wireless carrier

Cons

Base rate of 0.5 pts/$1 (about 0.34% cash-equivalent) outside bonus categories is modest; one secondary source states bonus-category earning resets after $5,000 in annual spend, a cap not confirmed on BMO’s own page
Introductory 0.99% rate is temporary; the standard purchase APR applies afterward and should be confirmed directly with BMO
No premium travel perks (lounge access, travel insurance) — this is an entry-level card, not a travel rewards card
2.5% foreign transaction fee applies to non-CAD purchases, consistent with BMO’s standard Visa/Mastercard fee

Rewards & Earn Rates

Groceries, dining, takeout & recurring bills2.5 pts/$1about 1.68% cash-equivalent, at MoneyMint’s ~0.67-cent-per-point valuation

All other purchases0.5 pts/$1about 0.34% cash-equivalent

BMO markets this card explicitly at Gen Z and Millennial cardholders working on building good financial habits — a different audience than BMO’s travel or cash-back-focused cards.

Who It’s For

Best for

Younger cardholders or newer credit users who want a no-fee card to build credit history
Applicants who want an introductory interest rate offer on purchases
Anyone who wants straightforward everyday rewards without an annual fee

Not ideal for

Frequent travelers wanting travel insurance or lounge access
High spenders who could earn more with a premium rewards or cash-back card
Anyone who has already established strong credit and wants richer ongoing rewards

Not Sure? Three Cards People Compare It With

All everyday spending cards →

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

moi RBC Visa

Pick this instead if most of your spending is groceries (~1.6% est.).

Fee $0Rating 3.5 ★Bonus $40

Read review

Scotiabank Scene+ Visa Card

Pick this instead if most of your spending is travel (~4% est.).

Fee $0Rating 3.4 ★Bonus $50

Read review

3.3MoneyMint rating

BMO eclipse rise Visa Card

Best for groceries and dining · No annual fee · ~$134 welcome bonus (est.)

Apply on BMO’s site →Find a better fit

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 (Bank of Montreal) 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 eclipse rise Visa Card?

The BMO eclipse rise Visa Card has an annual fee of $0.

What is the rewards rate on the BMO eclipse rise Visa Card?

The BMO eclipse rise Visa Card earns 5 BMO Rewards points per $2 spent (2.5 pts/$1, roughly 1.68% cash-equivalent value at MoneyMint’s ~0.67-cent-per-point valuation) on recurring bill payments, groceries, dining, and takeout, and 1 point per $2 spent (0.5 pts/$1, roughly 0.34% cash-equivalent) on everything else. One secondary source reports bonus-category earning resets after $5,000 in annual qualifying spend; this cap wasn’t found on BMO’s own page, so confirm it directly before relying on it.

Does the BMO eclipse rise Visa Card have a welcome bonus?

20,000 BMO Rewards points (about $134 at MoneyMint’s ~0.67-cent-per-point valuation) after $1,500 in purchases within the first 3 months, plus up to 5,000 more points annually for card behaviors (2,500 for redeeming 12,000+ points via Pay with Points in a year, 2,500 for paying the full balance on time for 12 consecutive months) — BMO advertises the combined total as up to 25,000 points. Exact terms should be reconfirmed at time of application, as promotional offers change periodically.

What credit score do I need to qualify for the BMO eclipse rise Visa Card?

Generally, you’ll want a fair credit score to be considered for the BMO eclipse rise Visa Card. Approval also depends on income and overall credit history, not credit score alone.

Does the BMO eclipse rise Visa Card charge foreign transaction fees?

2.5%