Rewards Calculator Algorithm
You can either estimate rewards by inputting your spending habits manually or creating secure bank connections through our trusted financial partner mx.com and letting Finly analyze your spending in the past year.
Finly factors in all the reward limits and fine prints of every single credit card so you can be sure your results are as accurate as possible.
Note: The bank connections are not perfect, meaning that occasionally the connection may fail. This happens when the MX bank connector is unable to establish the link, which is beyond our control. If this occurs, please feel free to inform us and use the manual method as an alternative.
Your Spending
Modify your spending numbers and click update to get the most accurate reward estimates.
Restaurant, Fast Food & Coffee Shop
$
Grocery
$
Recurring Purchases (Bills, Subscriptions, Rent via Chexy)
$
Gas
$
Transportation
$
Entertainment (Movies, Concerts, etc.)
$
Foreign Purchases (Non $CAD)
$
Travel (Flights, Hotels, etc.)
$
Pharmacy
$
Online Shopping
$
Home Improvement (Renovation, Furniture)
$
Purchases at Canadian Tire, Sport Check, Lquipeur, Atmosphere, Party City, SportsRousseau, HockeyExperts, LentrepduHockey
$
Other Purchases Not Specified
$
Linked Credit Cards
Connect your existing credit cards starting with your most used one. After a successful connection, view all Canadian credit cards with their rewards ranked using your true spending habits.
Card Details
Based on $2,000 spending
First Year Value
-$8.68
-$8.68 in years after
Annual Rewards
$490.32
BMO Rewards
First Year Bonus
$0
BMO Rewards
Annual Fee
$499
First Year Value
-$8.68
While the first year bonus value here shows $0, the actual welcome bonus for this credit card is valued at $804 when you meet the minimum spending or other listed requirements. The value of $0 here was derived based on numbers in the spending inputs.
Interest Rates
Cash Advance: 23.99%, for Quebec 21.99%
Purchase: 20.99%
Balance Transfer: 23.99%
Annual Fee
$499
Annual Income
Personal: $150,000
Household: $200,000
Credit Score
Good
Welcome Bonus
50,000 points when you spend $6,000 in the first 3 months, plus 30,000 points when you spend at least $30,000 in the first 6 months. Receive an additional 40,000 points when you spend at least $75,000 in the first year.
Card Type
Category: Points
Loyalty Program: BMO Rewards
Our Rating
3/5
Institution
BMO
Rewards
- 5x points per $1 spent on grocery, dining, gas, drugstore and travel related purchases (maximum $100,000 in spending)
- 1x point per $1 spent on all other eligible purchases
BMO eclipse Visa Infinite Privilege* Card Points Calculator
Based on $2,000 spending
Rewards Ranking
Rewards Breakdown
All categories with bonus points
62,661 points
All other purchases
10,521 points
Annual Fee
- $499
Net Annual Rewards
73,182 points
Valued at -$8.68 (after fees)
Rewards Summary
Net Annual Rewards
73,182 points
Valued at -$8.68 (after fees)
First Year Card Bonus
0 points
First Year Card Value
73,182 points
Valued at -$8.68
Point Redemptions
Note: A negative redemption value indicates that redeeming your rewards using that method might lead to a situation where the value you get is less than what you pay for as the annual fee of the card based on your spending habits, however this does not take into account the value you get from extra benefits.
Redemptions Chart
Travel
-$8.68
Financial products
-$8.68
Entertainment and Experiences
-$30.64
Statement Credits
-$133.09
Gift Cards
-$147.73
Merchandise
-$169.68
Insurance & Benefits
Insurance
Coverage
Purchase Protection
120 days
Extended Warranty
2 years
Emergency Out of province Medical
22 days
Emergency Medical Over 65
3 days
Travel Accident
$500,000
Trip Interruption
$5,000
Trip Cancellation
$2,500
Flight Delay
$1,000
Baggage Delay
$500
Lost or Stolen Baggage
$1,000
Hotel Burglary Insurance
$2,500
.svg)
Car Rental Damage & Theft
yes
Mobile Device Insurance
$1,000
Benefits
Details
Airport Lounge - Dragon Pass
Visa Airport Companion membership and 6 complimentary airport lounge visits per year
Anniversary Credit
$200 anniversary lifestyle credit
Extra points
Earn 25% more points on all purchases when you add an authorized user to your account
.svg)
Concierge Services
Visa Infinite Privilege Concierge like having a personal assistant on speed dial
Visa Infinite Exclusive Benefits
Visa Infinite luxury hotel collection, dining series and wine country
Golf Benefit
Troon Rewards Golf benefits like discounts at over 95 resorts and courses around the world plus access to select private clubs across the U.S
Discount
Priority Security Lane, airport parking and valet service discounts at select Canadian airports
Pros & Cons
Pros
- Generous rewards: Earn 5x points on travel, dining, groceries, gas, and drugstore purchases.
- $200 lifestyle credit: Annual credit that can be used on any purchase over $200.
- 25% bonus points with authorized user: Adding an authorized user increases your rewards by 25%.
- Comprehensive insurance: Includes 12 types of coverage, including emergency medical and trip interruption insurance.
- 6 lounge visits: Complimentary Priority Pass membership with 6 free airport lounge visits annually.
Cons
- High annual fee: The card has a steep $499 annual fee, which is not waived in the first year.
- High income requirements: Requires $150,000 personal or $200,000 household income, limiting eligibility.
- Low point value: Points are valued at only 0.67 cents, reducing their overall worth.
- Additional card fees: Adding authorized users costs $75 per year per user.