BMO eclipse rise Visa Card review
Jan 13, 2026
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Overall rating
First year value
$374
Get this card if you:
- want to quickly earn points on everyday spending
- want flexible point redemption options
- value a great welcome offer
Scores by category
No Annual Fee 5.0
Balance Transfer 4.9
Welcome Bonus 3.1
Rewards 2.3
At a glance
The BMO eclipse rise Visa Card is a no-annual-fee credit card offering BMO Rewards points on everyday purchases, with elevated earn rates in categories such as groceries, dining, and recurring bill payments. It also features benefits like mobile device insurance and incentives for timely payments.
Highlights
$374
First year value
20,000 points
Welcome bonus
$0
Annual fee
Interest Rates
21.99%
Purchase APR
23.99%
Balance transfer APR
23.99%
Cash advance APR
Eligibility
Poor
Recommended credit score
Quick overview of the BMO eclipse rise visa
The BMO eclipse rise Visa Card is one of the most exciting no annual fee credit cards on the Canadian market. That’s because it’s an impressive mix of a balance transfer intro offer, generous BMO Rewards points and $0 annual fee.
Who’s the BMO eclipse rise for?
- Credit builders and those with fair credit scores: With a lower barrier to acceptance than premium cards, this card serves as an excellent option for building or improving credit history
- Canadians managing debt: The introductory interest rate on balance transfers makes this card ideal for consolidating existing credit card debt
- Regular restaurant-goers and takeout enthusiasts: The accelerated earn rate on dining and takeout (including food delivery) rewards consumers for eating what they want, where they want
- No-fee reward seekers: The card delivers solid value for those looking to earn travel and merchandise rewards without paying annual fees, offering points on groceries and recurring bills - two spending categories that form the backbone of most Canadian household budgets
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
As noted, the eclipse rise is an impressive no fee card, and that starts from the very beginning. New accounts enjoy two solid intro bonuses:
-
Get 20,000 points when you spend $1,500 in the first 3 months - that's a $133 value!
Plus, earn up to 5,000 bonus points every year.2,500 bonus points for redeeming at least 12,000 points annually towards your statement balance with Pay with points - that's just 1,000 points per month!
2,500 bonus points for paying your full credit card balance on time for 12 consecutive months.
Get a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee.Plus, enjoy three months of Instacart+ and a $5 monthly Instacart credit when you enroll your eligible BMO Credit Card.*
*Terms and Conditions Apply
That introductory offer on balance transfers makes the card extremely appealing to anyone looking for a no fuss rewards card but still hoping to pay down debt from an existing card. Maybe that’s why it scored so highly on the latest Money.ca Credit Card Awards, where it won for best no annual fee card and reached the podium for best balance transfer credit card and best dining card.
How to earn points with the eclipse rise visa
The BMO eclipse rise Visa offers BMO Rewards points on key category purchases:
- 5 BMO Rewards points per $2 spent on dining, takeout, and food delivery services
- 5 BMO Rewards points per $2 spent on groceries and recurring bill payments
- 1 BMO Rewards points per $2 spent on all other eligible purchases
There are no caps on those bonus categories, either — a great perk in and of itself. And points never expire as long as the account remains open and in good standing.
There are other ways to earn, too, 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.
How to redeem points
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 BMO wants you to pay with your points directly onto your balance, something they incentivize with their 2,500 bonus offer.
You can view and redeem your points easily on bmorewards.com, which offers a decent platform for points-powered window shopping.
Key features of the BMO eclipse rise Visa
- $0 annual fee: Card ownership costs nothing, allowing cardholders to maximize rewards value without paying annual charges typically associated with rewards cards
- Accelerated earn rate on popular spending categories: Offers 5x points on groceries, dining, takeout, food delivery, and recurring bills - categories representing the largest spending areas for typical Canadian households
- Point-driven incentives for good financial behaviour: Rewards responsible credit management with 2,500 bonus points for paying the balance in full for 12 consecutive months, encouraging positive financial habits
Insurance coverage
If you’re into insurance, there’s not much going on with the eclipse rise:
Protection
Coverage amount
Extended warranty
1 year
Purchase protection
90 days
Mobile device
$1,000
But while the card is short on insurance, don’t sleep on the mobile phone coverage. Mobile phone insurance is a rarity among Canadian credit cards (with the exception of TD), so Rise's offering it without a fee is a great perk, to say the least.
Extra benefits
- 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 vs. Scotiabank Momentum No-Fee Visa
0% intro rate
Welcome Bonus
$271
First Year Value
$171
Annual Value
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
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
2.50%
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 between March 3, 2025 and October 31, 2025 (regardless of the date you apply for the Account) 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.
A balance transfer fee of 2% of the amount of each Cash Advance transferred or made during the Promotional Period applies (minimum fee of $5.00).
*See Card Provider's website and Card Application for complete card details, terms and current offers. Reasonable efforts are made to maintain accuracy of information.
Rates, fees, offers and other information are effective as of July 2, 2025. Subject to change.
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
2.50%
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 between March 3, 2025 and October 31, 2025 (regardless of the date you apply for the Account) 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.
A balance transfer fee of 2% of the amount of each Cash Advance transferred or made during the Promotional Period applies (minimum fee of $5.00).
*See Card Provider's website and Card Application for complete card details, terms and current offers. Reasonable efforts are made to maintain accuracy of information.
Rates, fees, offers and other information are effective as of July 2, 2025. Subject to change.
Disclosures:
-
*See Card Provider's website and Card Application for complete card details, terms and current offers. Reasonable efforts are made to maintain accuracy of information.
BMO eclipse rise Visa Card vs. BMO CashBack Mastercard
5% cash back
Welcome Bonus
$401
First Year Value
$276
Annual Value
Welcome Bonus: 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.† Expires Jan 31, 2026
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
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
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.†
Plus, enjoy three months of Instacart+ and a $5 monthly Instacart credit when you enroll your eligible BMO Credit Card.*
*Terms and Conditions Apply
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
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.†
Plus, enjoy three months of Instacart+ and a $5 monthly Instacart credit when you enroll your eligible BMO Credit Card.*
*Terms and Conditions Apply
Disclosures:
-
BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.
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. That said, if you want a great mix of rewards, bonus APR on transfers, and basic insurance, the rise is a solid choice.
BMO eclipse rise Visa Card eligibility criteria
- Residency: Must be a Canadian resident of the age of majority in your province or territory
- Income required: No personal or household income needs to be declared to apply for this card
- Credit score: Recommended credit score of 660+
Disclosures:
-
BMO is not responsible for maintaining the content on this site. Please click on the Apply now link for the most up to date information.
FAQs
Cory Santos
Senior Reporter
Cory Santos is a finance writer, editor and credit card expert with nearly a decade of experience in personal finance. Cory joined Wise Publishing from BestCards, with bylines in numerous print and digital publications across North America, including the Miami Herald, BlogTO, Debt.ca, AOL, MSN and Medium as well as financial podcasts like KOFE Talk. He's also the creator and author of the annual Money.ca Credit Card Awards.
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†Terms and Conditions apply.