Wealthsimple Credit Card
4.4·No-fee, no-FX everyday cash back — especially for Wealthsimple clients
- Annual fee
- No annual fee
- Top reward
- 1% everything
- Rare no-fee card with no FX fees
- Flat 1% on everything, auto-invested
rewardsno fee
BMO eclipse rise Visa Card
3.6
Welcome bonus
Up to 25,000 BMO Rewards points
- 2.5x recurring bill payments — 5 points per $2 spent
- 2.5x groceries — 5 points per $2 spent
- 2.5x dining, takeout & food delivery — 5 points per $2 spent
- Annual fee
- No annual fee
- Interest rates
Purchases
21.99%
Cash advances
23.99%
Balance transfers
23.99%
- Foreign transactions
- 2.5%
Rated by the CreditCardGuru Editorial Team
A solid no-fee entry card with a clever habit-based bonus structure, but heavy spenders will outgrow its modest earn rates quickly.
At a glance
- Annual fee
- No annual fee
- Welcome bonus
- $175
- Foreign tx fee
- 2.5%
- Network
- VISA
- Rewards
- points
- Purchase APR
- 21.99%
Rewards & earn rates
| Recurring bill payments5 points per $2 spent | 2.5x |
| Groceries5 points per $2 spent | 2.5x |
| Dining, takeout & food delivery5 points per $2 spent | 2.5x |
| Everything else1 point per $2 spent | 0.5x |
Welcome offer: Up to 25,000 BMO Rewards points.
Pros & cons
Pros
- No annual fee with bonus categories on bills, groceries, and dining
- Annual bonus points reward good payment habits
- Good starter card for building credit
Cons
- Earn rates are effectively half of the eclipse Visa Infinite
- Weak 0.5x base earn on everything else
Perks & insurance
Key perks
- Up to 5,000 bonus points every year for paying on time and redeeming points
- Free BMO PaySmart installment plan for one purchase up to $1,000 every two years
- Three months of Instacart+ plus $5 monthly Instacart credit (enrollment required)
- 0.99% introductory balance transfer rate for 9 months (2% fee)
- Pay with Points on any purchase, starting at $1
Insurance
- Mobile device insurance
- Extended warranty insurance
- Purchase security insurance
Rates & fees
- Annual fee
- None
- Purchase interest
- 21.99%
- Cash advance
- 23.99%
- Foreign transactions
- 2.5%
Last updated June 7, 2026Reviewed by CreditCardGuru Editorial Team
Terms & conditions
Rates and offers change. Every rate, fee, welcome offer and benefit on this page was accurate when last reviewed, but BMO can change or withdraw any of them at any time — sometimes without notice. Confirm the current terms on BMO's own website before you apply.
Eligibility is theirs to decide. Approval, credit limits, interest rates and welcome offers depend on your credit history and BMO's own criteria. Bonuses often exclude anyone who has held the card before, and usually require a minimum spend within a set period.
This is not advice. The reviews and ratings here are our editorial opinion, not financial, tax or legal advice, and not a recommendation for your circumstances. Speak to a qualified professional before making a financial decision.
How we make money. CreditCardGuru may earn a commission when you apply through links on this page. It never affects our ratings or what we write — see our advertiser disclosure and rating methodology.
CreditCardGuru is not affiliated with BMO. Trademarks belong to their respective owners.
Similar cards to consider
Tangerine Money-Back Credit Card
4.4·No-fee cash back with customizable bonus categories
- Annual fee
- No annual fee
- Welcome bonus
- $100
- Top reward
- 2% groceries (a 2% category)
- Pick the 2% categories that match your spending
- Truly no-fee with monthly payouts
Disclaimer: This page is for informational purposes only and does not constitute financial, tax or legal advice. Card terms and offers change and may be out of date — always verify with the issuer before applying, and consult a qualified professional before making financial decisions. CreditCardGuru may earn a commission from cards featured on this site; this never influences our editorial ratings. See our advertiser disclosure.
Written by
CreditCardGuru Editorial Team
Rewards & Cards Research
Our editorial team independently researches and rates every credit card in Canada using a transparent, data-driven methodology. We update card terms continuously and never let issuer relationships influence our ratings.
- 200+ Canadian cards tracked
- Transparent rating methodology
- Updated continuously
Cite this page
“BMO eclipse rise Visa Card Review (2026)” — CreditCardGuru, https://creditcardguru.ca/cards/bmo-eclipse-rise-visa, updated June 7, 2026.