Earn rates
| Spending category | Earn rate | Value per $100 spent |
|---|---|---|
| Groceries | 5 pts / $1 | ~$3.33 |
| Dining in and out (restaurants, food delivery) | 5 pts / $1 | ~$3.33 |
| Gas | 5 pts / $1 | ~$3.33 |
| Drugstore | 5 pts / $1 | ~$3.33 |
| Travel | 5 pts / $1 | ~$3.33 |
| Everything else | 1 pt / $1 | ~$0.67 |
BMO Rewards points are worth a fixed 0.67¢ each (150 pts = $1) when applied to travel purchases. The 5x categories return ~3.33% in travel value per dollar spent. Accelerated earn applies to the first $50,000 in net annual purchases across all categories combined; spending beyond that earns 1x. Verify the current cap with BMO before applying.
Benefits
| Benefit | Details |
|---|---|
| $50 annual lifestyle credit | Statement credit issued annually. Apply to any purchase — not restricted to travel. |
| 10% bonus earn with authorized user | Adding a supplementary cardholder unlocks a 10% bonus on the 5x accelerated earn rate for both the primary and authorized user. |
| Welcome bonus | Up to 70,000 BMO Rewards points (~$467 in travel). Earned in tiers: 30,000 pts after $4,000 spend in the first 110 days; 20,000 pts after $7,000 in 180 days; 20,000 pts after $12,000 in 365 days. Verify current offer with BMO before applying. |
| Travel insurance | Out-of-province/country emergency medical (up to $5 million), trip cancellation and interruption, flight delay, delayed and lost baggage, rental car collision/damage. Verify current coverage limits in the certificate of insurance. |
| Visa Infinite benefits | Visa Infinite Concierge, Visa Infinite Hotel Collection, and Visa Infinite Dining Series access. |
| Mobile device insurance | Coverage for mobile devices purchased on the card against theft, loss, or damage. |
Travel insurance on the BMO eclipse Visa Infinite
No coverage from age 65
The BMO eclipse Visa Infinite scores 60 of 100 on the figures its certificate publishes, joint 31st of the 59 Canadian cards compared. Emergency medical is capped at $5,000,000 for trips up to 15 days. Coverage stops entirely at 65: not a smaller limit, nothing.
| Emergency medical | $5,000,000 · age 0–64: 15 days; age 65+: not covered · 90-day stability window |
|---|---|
| Rental car collision or damage | Pays after your own insurance · rentals to 48 days · vehicles to $65,000 |
You have 30 days from the incident to report a claim. Dependent children are covered to age 20.
Every figure from the certificate, with its own wording
| Emergency medical | limit: $5,000,000 (per insured person, per trip) age 0–64: 15 days; age 65+: not covered pre existing stability days: 90 days (the same ninety (90) day window applies to heart conditions treated with nitroglycerine and to lung or respiratory conditions treated with home oxygen or prednisone) |
|---|---|
| Travel accident | limit: $500,000 (per insured person for loss of life; $250,000 for loss of entire sight of one eye or loss of speech or hearing, $125,000 for loss of thumb and index finger on the same hand; total liability for all insured persons in one accident is $1,500,000) common carrier only: Yes (the full cost of the ticket must be charged to the card) covers 24h: No (the coverage period is confined to common carrier travel to and from the terminal and time spent at the airport, terminal, port or station) |
| Emergency travel assistance | offered: Yes (pre-trip, medical emergency and non-medical emergency assistance services provided by the Operations Centre maintained by Allianz Global Assistance) |
| Rental car collision or damage | is primary: No limit basis: The amount of the benefit payable will be equal to, the lesser of, the cost of the repair (including loss-of-use) or the replacement cost of your rental car which has been damaged or stolen (clause truncated at 40 words; the certificate continues that the amount is less any portion of the loss assumed, waived or paid by the car rental agency, its insurer, or a third-party insurer) vehicle value cap: $65,000 (Manufacturer’s Suggested Retail Price in the vehicle’s model year) max rental days: 48 days (a full calendar day must exist between rental periods to break the consecutive day cycle) excluded classes: vans (except as defined below), trucks (including pick-ups) or any vehicle that can be spontaneously reconfigured into a pick-up truck, campers or trailers, vehicles towing or propelling trailers or any other object (enumeration truncated at 40 words; the certificate continues with off-road vehicles, motorcycles, mopeds or motorbikes, vehicles with an MSRP over $65,000, antique vehicles, recreational vehicles, leased vehicles with buyback guarantee and limousines) |
| Purchase protection | days: 90 days (coverage ends on the ninety-first (91st) day from the date of purchase) |
| Extended warranty | years added: 1 year (doubles the original manufacturer’s warranty, to a maximum extension of one year) cap: $60,000 (lifetime maximum per account for Extended Warranty and Purchase Security combined) |
| Mobile device | limit: $1,000 (per occurrence; one claim in any twelve month period and two claims in any forty-eight month period per account) deductible: For a replacement claim, the deductible is equal to 10% of the depreciated value, at the date of loss, of the mobile device subject to a $25 minimum. (first sentence only; the certificate adds that for a repair claim the deductible is equal to 10% of the repair cost subject to a $25 minimum) requires full charge: No (charging the full purchase price qualifies, and so does financing all or any portion of the purchase price with the card through a Canadian wireless service provider) eligible events: This insurance provides coverage in the event your mobile device is lost, stolen or accidentally damaged, anywhere in the world. |
Figures above are from the BMO eclipse Visa Infinite Card Certificates of Insurance, Group Policy FC320000-B, effective 2023-07-06, underwritten by CUMIS General Insurance Company, a member of The Co-operators group of companies. Checked against the certificate for 13 coverage types. Terms change without notice; verify with the issuer before relying on any figure.
What your monthly spend earns
| Category | Monthly spend | Rate | Monthly pts |
|---|---|---|---|
| Groceries, dining, gas, rideshare & transit | $1,500 | 5x | 7,500 |
| All other spending | $1,000 | 1x | 1,000 |
| Total | $2,500 | 8,500 pts / mo |
102,000 pts / year (~$680 in travel). After the $120 fee and $50 lifestyle credit, net value ~$610. The eclipse Privilege earns at the same rate but adds a $200 lifestyle credit and lounge access for $599/yr.
Good fit if
- You spend regularly on groceries, dining, gas, rideshare, or public transit. The 5x rate on these categories is one of the strongest everyday earn structures available in Canada.
- You want a simple rewards program. Book travel wherever you like, then apply points at a flat 150 pts = $1. No award chart, no availability windows.
- The $50 lifestyle credit reduces the effective fee to $70, which the earn rate covers quickly on moderate monthly spend.
If that describes you, apply for the BMO eclipse Visa Infinite. Not sure yet? Book a free conversation and we will walk through it together.
Less useful if
- You want maximum cents per point. BMO Rewards caps at 0.67¢/pt. Programs like Aeroplan can return 2¢+ on the right long-haul redemptions.
- You spend more on travel than on everyday categories. The BMO Ascend World Elite earns 5x specifically on travel and 3x on dining and entertainment — a better structure for frequent travellers.
- You don’t meet the $60,000 income requirement for Visa Infinite cards.