🎁 You deserve to be rewarded! Get up to  60,000 points and the $120 annual fee waived in the first year

If you’re on the hunt for a credit card that offers substantial rewards for everyday spending, the BMO Eclipse Visa Infinite Credit Card might just be what you need. With its attractive perks, competitive earning rates, and various benefits, this card is designed for individuals who want to make their daily transactions more rewarding. Let’s dive into the details and see if it’s the right fit for you.

Key Features and Benefits

Here’s a breakdown of the significant features that make the BMO Eclipse Visa Infinite Card stand out:

• High Earning Potential: Earn 5 BMO Rewards points for every dollar spent on groceries, dining out, takeout/food delivery, gas, and transit. For all other purchases, earn 1 point per dollar.
• Additional Points for Authorized Users: Add an authorized user to your account and earn 10% more points on all purchases.
• Annual Lifestyle Credit: Receive a $50 lifestyle credit each year, which can be used for various purchases.
• Exclusive Fuel Savings: Enjoy discounts at the pump, with the potential to save up to 7 cents per liter on fuel.
• Comprehensive Insurance Coverage: The card includes mobile device insurance, purchase security, extended warranty insurance, and travel insurance.
• Visa Infinite Benefits: Access to luxury hotel collections, concierge services, and exclusive dining experiences.

Earning Rewards

Getting rewarded for your spending is one of the primary attractions of the BMO Eclipse Visa Infinite Card. Here’s how the earning structure works:

• 5 BMO Rewards Points: For every dollar spent on the following categories, up to specific annual limits:
  • Dining: $6,000
  • Groceries: $6,000
  • Gas: $20,000
  • Transit: $20,000
• 1 BMO Rewards Point: For every dollar spent on all other purchases.

This earning potential is quite competitive, allowing you to accumulate points quickly on your regular spending habits.

Welcome Bonus

The BMO Eclipse Visa Infinite Card offers an enticing welcome bonus of up to 60,000 BMO Rewards points:

• 30,000 points when you spend $3,000 in the first three months.
• 2,500 points for each month you spend $2,000 from months four to fifteen, for a total of up to 30,000 additional points.

This generous welcome offer can significantly boost your points balance right from the start.

Redemption Options

Once you’ve accumulated BMO Rewards points, you’ll want to know how to redeem them effectively. Here are your options:

• Travel: Use your points for flights, hotel stays, and vacation packages through the BMO Rewards travel portal.
• Merchandise: Shop at the BMO Rewards store, where you can purchase a variety of items using your points.
• Statement Credit: Cover previous purchases using points, though this option typically offers less value compared to travel redemptions.

Points are valued at approximately 0.67 cents per point when redeemed for travel, so aiming for travel rewards is often the best strategy.

Annual Fee and Other Costs

The BMO Eclipse Visa Infinite Card comes with an annual fee of $120, which is waived for the first year. Additionally, there is a fee of $50 for adding an authorized user to your account. The interest rates are:

• Purchases: 20.99%
• Cash Advances: 23.99%

It’s essential to keep these fees in mind when evaluating the card’s overall value.

Insurance Coverage

One of the standout features of the BMO Eclipse Visa Infinite Card is its comprehensive insurance coverage, which includes:

• Emergency Medical Insurance: Coverage for medical expenses while traveling.
• Common Carrier Accident Insurance: Up to $500,000 in coverage.
• Car Rental Insurance: Collision damage waiver benefits.
• Mobile Device Insurance: Coverage for loss or damage up to $1,000.

This robust insurance package provides peace of mind for frequent travelers and everyday consumers alike.

Comparisons with Other Cards

When considering the BMO Eclipse Visa Infinite Card, it’s helpful to compare it with other similar offerings in the market. For instance, cards like the American Express Cobalt or the Scotiabank Gold American Express offer competitive rewards structures and benefits.

Both the Amex Cobalt and the Scotiabank Gold card provide high rewards for dining and groceries, but they may have different redemption options, annual fees, and travel perks. It’s crucial to assess your spending habits and preferences to determine which card aligns best with your lifestyle.

Who Is This Card For?

The BMO Eclipse Visa Infinite Card is ideal for individuals who:

• Spend significantly on groceries, dining, gas, and transit.
• Travel frequently and value travel insurance and concierge services.
• Want to earn rewards that can be redeemed for travel or merchandise.

If you fit into these categories, this card could provide excellent value and enhance your spending experience.