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Mr. Loonie
BMO eclipse rise Visa* Card

BMO eclipse rise Visa* Card

Best for: People building credit who want points on groceries, dining and bills with no annual fee

Your spending a month
What’s in each?
Light:
Groceries $400, restaurants $100, gas $100, recurring bills $100, everything else (base rate) $250, foreign currency $50
Typical:
Groceries $800, restaurants $250, gas $250, recurring bills $250, travel $150, everything else (base rate) $650, foreign currency $150
Big:
Groceries $1,200, restaurants $500, gas $400, recurring bills $400, travel $500, everything else (base rate) $1,600, foreign currency $400
Yours:
Your own amounts, saved on this device only
Year one
$459
Every year after
$325

Ranked #80 of 176 for year one. See the list

See how we worked it out
Welcome offer you’d get
$134
The full offer. Up to 20,000 BMO Rewards points.
Annual fee
None
Apply now on BMO’s site (opens in a new tab)
We may get paid if you apply through this link. It never changes our score.

Have this card?

Details from BMO’s site. Banks can update terms at any time, so give them a quick look before you apply. Source

What you’d earn Welcome offer Can I get it? Fees Similar cards
From the numbers

The good and the bad

Stands out

  • Good: 2.5 points per $1 on groceries, restaurants, food delivery and recurring bills At our value for these points, that’s about 1.7% back.
  • Good: 0.99% on moved balances for 9 months A 2% fee to move them.
  • Good: No annual fee It costs nothing to keep.

Watch for

  • Watch for: Everything else earns 0.5 point per $1 That’s about 0.3% back, which is low.
  • Watch for: 23.99% after the 9 months Whatever you haven’t paid off by then is charged the regular rate.
  • Watch for: 2.5% on foreign purchases Use a no foreign fee card when you travel.

Worked out from the card’s rates and fees.

Show your work

What you’d earn

With typical spending of $2,500 a month.

BMO Rewards points valued at 0.67¢ each.

  • Groceries $161
    2.5 points per $1 · 1.7% back $800 a month · 24,000 BMO Rewards points a year
  • Restaurants $50
    2.5 points per $1 · 1.7% back $250 a month · 7,500 BMO Rewards points a year
  • Gas $10
    0.5 point per $1 · 0.3% back $250 a month · 1,500 BMO Rewards points a year
  • Recurring bills $50
    2.5 points per $1 · 1.7% back $250 a month · 7,500 BMO Rewards points a year
  • Travel $6
    0.5 point per $1 · 0.3% back $150 a month · 900 BMO Rewards points a year
  • Everything else $26
    0.5 point per $1 · 0.3% back $650 a month · 3,900 BMO Rewards points a year
  • Foreign currency $6
    0.5 point per $1 · 0.3% back $150 a month · 900 BMO Rewards points a year
For you Year one Later years
Points you earn46,200 BMO Rewards points a year, at 0.67¢ each $310 $310
Welcome offer20,000 BMO Rewards points you’d reach $134 $0
Annual fee $0 $0
Foreign currency fee2.5% on $1,800 a year −$45 −$45
Phone insurance$60 a year $60 $60
Total $459 $325

Rows are rounded to the dollar. Insurance counts at what the same cover costs on its own, and only pays when you charge the trip, rental or phone to the card.

What counts in each category
Groceries
2.5 points per $1
Restaurants
2.5 points per $1 Dining and takeout
Food delivery
2.5 points per $1 On recurring bill payments
Recurring bills
2.5 points per $1
Everything else (base rate)
0.5 point per $1
  • Earn 2,500 points each year for paying your full credit card balance on time for 12 consecutive months.
  • Additional 2,500 points each year for redeeming at least 12,000 points annually toward your statement balance with Pay with Points.
How BMO Rewards points work, and why 0.67¢

We count BMO Rewards points at 0.67¢ each, a typical value when you use them well. Depending on how you use them, they’re usually worth 0.33¢ to 0.67¢.

We set one value per points program and use it on every card in that program, so you can compare points cards and cash back cards on the same scale.

These are example budgets to compare cards side by side, not averages. Your own spending will give a different number.

Checked on Nov 8, 2026. Source

Welcome offer

Can your spending get the offer?

  1. 1

    20,000 BMO Rewards points · about $134

    Get approved for the card.

    • On purchases within the first 3 months

Offer end date not published.

Offer checked on Nov 8, 2026. Source

Before you apply

Can I get it?

  • Age 18 or older 19 or older in BC, NB, NL, NS and the territories
  • Where you live Canada
  • Newcomer program BMO NewStart For permanent residents and foreign workers who arrived in the last 5 years. No Canadian credit history needed, with a limit up to $5,000, or a secured card if you are not approved. Apply in a branch.
  • Credit score No minimum on record Most banks don’t publish one, and we don’t guess.

Mr. Loonie’s tip Each application shows up on your credit file. Leave a few months between card applications.

What critics say

Other reviewers on this card

  • MoneySense (opens in a new tab) Dec 2025

    “If you’re a student, newcomer, or someone who’s building their credit score and income, the BMO eclipse rise Visa card is a good option. You can build your credit while participating in the BMO Rewards program and enjoy basic features, such as mobile device coverage.”

  • Rewards Canada (opens in a new tab) Jan 2024

    “Here you have a card that is being marketed by BMO as one that rewards good financial habits and they state cardholders "get rewarded when it comes to building your financial future." The concept of rewarding the good financial habits of paying your entire credit card balance and redeeming points to help bring down your balance is commendable, but unfortunately the execution and marketing of the concept and the card product is poor. In this day and age, loyalty rewards are considered a part of financial planning and play a big role in the everyday finances for many Canadian's. So you would think teaching good loyalty rewards habits be a part of this card's role of teaching good financial habits. But the fact they are pushing the worst redemption option possible to reward good financial habits is purely a money grab from BMO.”

What cardholders say

Ratings from people with this card

No ratings yet. If you have this card, tell others what it’s like.

Applied and weren’t approved?

Insurance and perks

What comes with it

  • Extended warranty Included
  • Purchase protection Included
  • Mobile device $1,000 per device
  • Mobile Device Insurance
  • Card lock/unlock
  • Mobile wallets Apple Pay, Google Pay
Coverage limits

We haven’t recorded the coverage limits for this card yet. Read BMO’s insurance certificate before you count on any coverage.

Not included

Not listed for this card: travel medical, trip cancellation, trip interruption, flight delay, lost baggage and car rental damage.

Fees and interest

What it costs

Annual fee
None
Purchase interest
21.99%
Cash advance interest
23.99%
Foreign currency fee
2.5%
All fees and rates

Fees

Cash advance fee
1%, Minimum of $5
Balance transfer fee
5%, Maximum
Over-limit fee
$29
Late payment fee
None
Source
Issuer page

Interest rates

Balance transfer interest
23.99%
Intro rate: balance transfers
0.99% for 9 months, fee 2%
Source
Issuer page

Province differences

Quebec
Balance transfer rate: 21.99%. Cash advance rate: 21.99%.

Read the card terms and conditions for the full terms.

Checked on Nov 8, 2026. Source

Before you decide

Similar cards for the same spending

With typical spending. This card: $459 year one, $325 every year after.

See all cards ranked for your spending

Some of these links pay us when you apply, at no extra cost to you. Most don’t, and pay never changes our score. How we make money

Common questions

Questions people ask

What is the annual fee on the BMO eclipse rise Visa* Card?

There is no annual fee.

How much is the BMO eclipse rise Visa* Card welcome offer worth?

20,000 BMO Rewards points when you are approved, worth about $134.

Does it charge a foreign transaction fee?

Yes, 2.5% on purchases in other currencies.

What is the interest rate?

21.99% on purchases. Cash advances are 23.99%.

Does it have a balance transfer offer?

Yes, 0.99% for 9 months. The transfer fee is 2%. After that, the rate is 23.99%.

Does it include insurance?

It lists extended warranty, purchase protection and mobile device insurance. Read the insurance certificate for the limits.

Rates, fees and offers come from the card issuers and change often. We work to keep this page accurate and current, but it may contain mistakes, so always check the issuer’s terms before you apply. This page is general information and isn’t financial advice.

Spot something wrong? We’ll check it with the bank. Suggest a correction

Card names, logos and trademarks belong to their owners. No issuer wrote, paid for or approved what we say about this card. Our scores and opinions are our own.

Mr. Loonie is independent and supported by affiliate links. We may earn a commission when you apply through some links, at no cost to you. How we make money

$459
year one for you
Apply now on BMO’s site (opens in a new tab)
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