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BMO CashBack Mastercard Review

[ad_1] The BMO CashBack Mastercard is a solid no-annual-fee cash-back card that makes redemptions easy and straightforward. Its earn rate of 3% on groceries is the highest in Canada for a no-fee card, and in addition it offers 1% cash back on recurring bill payments. Everything else earns at 0.5%. You can redeem your cash at any time, starting with just $1 earned.  This card has a low $15,000 annual income requirement, which makes it accessible, even to students. And, because it’s from a big bank, it’s perfect for those who want to maintain all their accounts with one provider while enjoying the security of banking with a major household name. BMO CashBack Mastercard* Annual fee $0 Rewards 3% cash back on grocery purchases; 1% back on recurring bill payments; and 0.5% cash back on all other purchases Welcome offer 5% cash back for the first three months and 1.99% for 9 months on balance transfers (plus a 1% balance transfer fee). Welcome offer available until October 31, 2020. Minimum income required $15,000 (student eligibility may differ) Purchase interest rate 19.99% Best features Excellent earn rate on groceries; redeem cash any time, starting from $1 earned Who it’s good for People who spend big on groceries, as well as students, and those who want simplicity and to bank with a trusted bank name Get more details about the BMO CashBack Mastercard* 8 things to know about the BMO CashBack Mastercard 1. Everyday cash back rewards Groceries are a big spending category for most Canadians, and the BMO CashBack Mastercard offers an easy and accessible way to earn cash on this expenditure. Pay for your food at a grocery store and you’ll get 3% back—the highest earn rate in this category of any no-fee cash back credit card in Canada. Its closest competitors, the PC Financial World Elite and Triangle World Elite Mastercard from Canadian Tire, technically allow for a 3% return on groceries but through their rewards program. And both cards require a personal income of $80,000. The $15,000 personal income requirement of the BMO CashBack Mastercard makes its excellent cash-back rate very accessible.  It’s important to note that this earn rate is capped at the first $500 in grocery purchases per monthly statement period, after which time you’ll earn the card’s base rate of 0.5%. This cap resets every month, so it’s possible you won’t even hit it. Recurring bill payments, or bills that are paid on a monthly or regular basis, earn a slightly elevated 1% return up to $500, after which time it drops to the 0.5% base rate. All other everyday purchases earn at 0.5%, with no limit to how much you can earn.  2. Welcome offer Looking to entice new customers, the BMO CashBack Mastercard is offering a very tempting welcome of an accelerated 5% cash back or for the first 3 months up to $1,500 in purchases  (whichever you hit first). This is a strong bonus for an entry-level, no-fee card.  3. As a Mastercard, it’s accepted virtually everywhere As a credit card, you can anywhere where Mastercard is accepted. And, aside from more “typical” grocery stores you can even earn 3% cash back on groceries, from No-Frills and Walmart Supercentre grocery store locations. You can use this card at Costco but be aware that since Costco is a discount warehouse and not considered a grocery store, you’ll get 0.5% cash back instead with grocery purchases. 4. Flexible cash back redemptions If you’re looking for ease and flexibility, you will not find a company with a better redemption system than BMO. First of all, unlike some other cards, you don’t have to wait for your rewards. You can redeem your cash back at any time of the year. And, even better, you can redeem cash back in increments starting from just $1, far more flexible than the minimums imposed by some other companies. And, if you’d like to have your cash automatically redeemed at every $25, that service is only a click away when you update your account.  5. Income requirements No-fee cash back cards tend to underdeliver by either not offering great rates of return or by requiring an inaccessible personal minimum annual income. We’ve covered the great rates, and you can add to that a super-accessible $15,000 minimum annual income which puts this card within reach for many Canadians. And, if you’re a university or college student, you can even get this requirement waived if you apply for the BMO Mastercard as your first credit card (if you’re considering getting the card as a student, click here).  6. Balance transfer offer Accelerated earn rates get all the headlines but for those carrying a balance on a high-interest card, the balance transfer offer of 1.99% for 9 months (with a 1% balance transfer fee) will come as a very welcome bonus. Simply move that debt over and buy some low-interest time to pay it down. Note: you won’t earn rewards on balance transfers and once the promotion ends at the end of October, the interest rate will increase to 22.99%. 7. Fees The BMO CashBack Mastercard is a no-fee card, which means you don’t have to pay annual fees for you or any additional authorized users. The regular purchase interest rates of 19.99% and cash advance rate of 22.99% are in line with typical rewards cards. 8. Card Perks Of course, the downside to no-fee cards is that they usually include few if any frills, and the BMO CashBack Mastercard is no exception. That said, cardholders do receive discounts of up to 25% on car rentals from National and Alamo, automatic extended warranty which doubles the manufacturer’s warranty on purchases up to an additional year, and purchase protection. Are there any drawbacks to the BMO CashBack Mastercard? The BMO CashBack Mastercard has a lot going for it, but there are a couple of caveats.  First, there are spending caps on the bonus categories. That said, they’re quite generous at $500 per month

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Cents of Style: Animal Print T-Shirts and Sweatshirts as low as $15.99!

[ad_1] This post may contain affiliate links. Read my disclosure policy here. Oh my goodness! These Animal Print T-Shirts and Sweatshirts are SO cute! Cents of Style has these adorable Animal Print T-Shirts and Sweatshirts they are launching this week! These shirts are SO soft and dreamy and extremely comfortable! There are several prints to choose from in sizes XS to 3XL. Get these Roux Animal Print T-Shirts for just $15.99 when you use the promo code HOTSPOTS at checkout! Choose from three different prints. Get this Beatrix Animal Print Sweatshirt for just $25.99 when you use the promo code HOTSPOTS at checkout! Choose from two prints. Shop the new Animal Print T-Shirts and Sweatshirts here. Shipping is free on orders over $35. Otherwise, it is $2.99. Valid through August 30, 2020. [ad_2] Source link

Cents of Style: Animal Print T-Shirts and Sweatshirts as low as $15.99! Read More »

Coronavirus updates: CDC changes testing guidelines for asymptomatic people; University of Alabama cases skyrocket; 2 reinfections in Europe – USA TODAY

[ad_1] Coronavirus updates: CDC changes testing guidelines for asymptomatic people; University of Alabama cases skyrocket; 2 reinfections in Europe  USA TODAY Can mosquitoes spread the coronavirus?  The Detroit News Updated CDC guidelines now say people exposed to coronavirus may not need to be tested  CNN Virus cases in Africa near 1.2M, deaths close to 28,000  Anadolu Agency CDC quietly revises coronavirus guidance to downplay importance of testing for asymptomatic people  CNBC View Full Coverage on Google News [ad_2]

Coronavirus updates: CDC changes testing guidelines for asymptomatic people; University of Alabama cases skyrocket; 2 reinfections in Europe – USA TODAY Read More »

*HOT* $10 off any $25 Purchase of Sharpie, Expo and more!

[ad_1] This post may contain affiliate links. Read my disclosure policy here. If you need new markers and pencils or pens, this is HOT deal! Right now, Amazon is offering $10 off when you purchase $25 in select Sharpie, Papermate, EXPO and more products! This is HOT deal and a great time to grab some school supplies for cheap or stock up on pens and markers. There are hundreds of items included in this sale. Sign up for a free trial of Amazon Prime to get guaranteed FREE two-day shipping (and possibly one-day or same-day shipping!). And don’t forget you can sign up for Swagbucks to earn free gift cards to use on deals on Amazon. Thanks, Passionate Penny Pincher! [ad_2] Source link

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