is the cashback provided instantly like td or is it like scotia where you have to wait?
BMO Cashback World Elite (10% first $2,000/3 months, 1.5% all purchases, free roadside assist, FYF)
- Last Updated:
- May 8th, 2022 1:33 pm
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- spena
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- Dec 23, 2008
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- Milton
- zobi123
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- Apr 12, 2012
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- Toronto
Thanks good deal. Super smooth to apply if you're already a bmo client. Instantly tells you if your approved and your limit.
- zobi123
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- Apr 12, 2012
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Instant whenever you want:
Redeem your cash back whenever you want, or simply set up recurring deposits and get rewarded automatically. 3 ways to redeem:
Deposit it into your BMO chequing or savings account
Put it into your Investorline account
Use it as a credit on your monthly statement
- coolintheshade
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- Aug 24, 2016
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- The Prairies
I read the terms as, if you are a current or former cardholder of the card you’re applying for, you’re not eligible for the signup bonus.Enforcer22 wrote: ↑ The terms state
"The 10% cash back offer and first year annual fee waiver offer is limited to new BMO CashBack World Elite Mastercard accounts and will not be awarded to current or former cardholders who reinstate a closed account, product transfer, or who open a new account. Limit of one bonus offer per account. "
My takeaway from the wording is 'Current cardholders who open a new account are not eligible' I am a cardholder, just not of this specific card hence the confusion. I do see what you mean. Maybe I'll call them to be absolutely sure
You are not a current or former cardholder of this card, you have the no fee card.
- braveblade
- Deal Addict
- Jan 22, 2009
- 3321 posts
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I had the BMO CashBack World Elite card back in 2017 and closed it in 2018. I think I'm not eligible?
- 1094197
- Newbie
- Jan 11, 2017
- 47 posts
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Just got this email.. I thought we getting 10% CB?
- milanoL
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- Oct 17, 2014
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- Kneader
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- spena
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- Dec 23, 2008
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- Milton
- mikerfd
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- JUnit
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- Dec 28, 2007
- 1087 posts
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Tried again and it looks like they fixed the issue with the online application. Approved instantly.
- Darkman
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- May 7, 2007
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I think monthly ... I could be wrong though.
But I had the free one before on a promo ... and I think I recall they didn't post it instantly but rather monthly.
- EDL67134234
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- coolintheshade
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- Aug 24, 2016
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BMO AM WE as wellEDL67134234 wrote: ↑ BMO WE travel card posts rewards monthly when the statement posts.
I am guessing Cashback WE would be the same.
- zobi123
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- Apr 12, 2012
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Got my card, gonna keep an eye out for that 10%
- 1094197
- Newbie
- Jan 11, 2017
- 47 posts
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BMO got back to me and they said it is indeed 5% and that creditcardgenius is wrong 
- zobi123
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- Apr 12, 2012
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The 10% application is clearly on a BMO domain website.
It wouldn't make any sense. I would wait to see your statement, chances are it will show 10%. Most BMO reps are not aware of these online promos.
"https://www.bmo.com/main/personal/credi ... ms-overlay"
- Darkman
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- May 7, 2007
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Still didn't get my card (hopefully today or tomorrow) ... If it doesn't arrive this week, the Rep guy told me I can call them and maybe they'd be able to courier it to me.
We'll see though ... it was mailed out on the 12th and today it will be 14 days since ... they usually say from 7 to 10 business days.
Mentioned to the guy 10% vs 5% ... and that the link is located on their website ... the guy told me to make a screenshot and hold on to it etc ... and if I happen not to receive 10% -- to contact them and then see what they can do for me, all considering.
We'll see though ... it was mailed out on the 12th and today it will be 14 days since ... they usually say from 7 to 10 business days.
Mentioned to the guy 10% vs 5% ... and that the link is located on their website ... the guy told me to make a screenshot and hold on to it etc ... and if I happen not to receive 10% -- to contact them and then see what they can do for me, all considering.
- Darkman
- Banned
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- May 7, 2007
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You can even shorten that link to this: ( maximum "10% shortening"zobi123 wrote: ↑ The 10% application is clearly on a BMO domain website.
It wouldn't make any sense. I would wait to see your statement, chances are it will show 10%. Most BMO reps are not aware of these online promos.
"https://www.bmo.com/main/personal/credi ... ms-overlay"
) (It still shows 10%)https://www.bmo.com/main/personal/credi ... fers/offer
But if you shorten it to this, for example, it would show 5%:
https://www.bmo.com/main/personal/credi ... ack-offers
You can clearly see the difference in what I shorten in the CODE mode:
Code: Select all
10% link - https://www.bmo.com/main/personal/credit-cards/2-cashback-offers/offer
vs.
5% link -- https://www.bmo.com/main/personal/credit-cards/2-cashback-offers
- joey003
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- Apr 21, 2009
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- Grimsby
Anyone know how the FYF works? I imagine you’re charged in the first month for the AF and then credited short while after?
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