Learn How to Apply for a BMO Cashback Mastercard for Students
Information to consider before submitting an application
Looking for a card with no fees that provides benefits to help you concentrate on acing your exams this school year? The BMO Cashback Mastercard for Students is the perfect choice!
CREDIT CARD
BMO Cashback for Students
Experience student living today! Submit your application now.
GO TO OFFICIAL WEBSITE* You will be directed to an external website
BMO is a well-regarded financial institution in Canada and worldwide, providing a diverse range of financial services, among which their widely-used credit cards stand out.
BMO provides a range of options to cater to diverse preferences and financial circumstances, assisting Canadians at different points in their lives.
The BMO Cashback Mastercard for Students is recognized as a top student credit card in Canada, being an award-winning, fee-free card acclaimed by renowned platforms such as creditcardGenius and ratesdotca.
This credit card comes with a 20.99% interest rate for purchases and 22.99% for cash advances. It provides cashback rewards, including 3% on groceries, 1% on recurring expenses such as phone bills, streaming services, and subscriptions, and 0.5% on all other qualifying purchases.
You have the flexibility to use your cashback rewards at any time. You can transfer them to your BMO checking or savings account, or you can apply them as a statement credit, either as a recurring payment or a one-time lump sum.
Moreover, the card offers reliable security functionalities and can be conveniently controlled through BMO’s mobile applications, providing users with financial resources and the option to regularly track their credit score.
To learn further details about this card, keep reading.
Who is Eligible to Apply?
The BMO card requires meeting certain criteria, such as being a student between 18 and 24 years old and presenting evidence of enrollment.
To apply, individuals must be enrolled at a recognized university or college. Although international students are welcome to apply, they are required to visit a BMO branch in person to finalize their application.
When applying for the card, BMO will request information about your monthly income. This data is utilized not only to evaluate your eligibility for the card but also to establish your credit limit.
Please bear in mind that fulfilling the minimum criteria does not ensure approval, as the ultimate verdict relies on the bank’s evaluation process.
What is the Process for Applying for the BMO Cashback Mastercard for Students?
To request the BMO card, simply select the “Apply” button, guiding you to the secure online application form provided by BMO’s digital platform.
You will initially be inquired about whether you currently possess a BMO debit card. If you do not, you may advance with the application by utilizing BMO’s form.
Here are a few details that you need to provide:
- Academic Background: Details regarding the educational institution, field of study, and anticipated date of completion
– Personal information: complete name and birthdate
– Contact details: phone number and email address
The location: street, city, and ZIP code
Upon registration, you will need to establish a unique login and password. Additionally, you will be required to furnish information regarding your employment status and income in order to determine your credit limit.
Throughout the process, it may be necessary for you to provide supplementary paperwork, like confirmation of your address and enrollment status.
Should you have any inquiries, you can rely on the support of BMO’s customer service team.
In general, the credit card provides a simple application procedure, and you can expect a quick response after your submission is assessed.
CREDIT CARD
BMO Cashback for Students
Experience the student life firsthand! Submit your application today.
GO TO OFFICIAL WEBSITE* You will be directed to an external website
BMO Cashback Mastercard Designed for Students
The Mastercard comes with Zero Liability Protection, guaranteeing that you are not accountable for any unauthorized transactions. Additionally, BMO alerts will be provided to inform you of all card transactions.
Save up to 20% on Car Rental and Alamo rentals and enjoy a 20% discount on Cirque du Soleil tickets with BMO.
It’s possible to include another cardholder at no extra cost and enjoy discounts of up to 7% on reservations made via Booking.com.
With the BMO PaySmart installment plan, you can split larger purchases into smaller monthly payments without any interest and lower fees.
Interested in exploring a different choice?
BMO is a full-service bank with a range of products that extend beyond student options. Therefore, individuals with stronger credit profiles may be interested in exploring the exceptional BMO World Elite Cashback Mastercard.
The card provides valuable rewards like 5% cashback on grocery purchases, 10% promotional cashback, and special discounts on Booking.com. Discover how to submit your application.
