Canada · BMO · Visa

BMO eclipse Visa Infinite Card

C$120 annual fee · C$50/yr in printed statement credits · 1x on everything else · 2.5% foreign transaction fee

Earn rates · how we got this

Category	Rate	Cap
Dining	5x	uncapped
Groceries	5x	uncapped
Gas	5x	uncapped
Transit	5x	uncapped
Rideshare	5x	uncapped
Everything else	1x	uncapped

See more Canada credit cards →

Statement credits — C$50/yr on paper · how we got this

Credit	Value	How it pays
	C$50/annual	annual

Monthly and quarterly credits expire if unused — that's where most of their printed value quietly disappears.

Non-cash perks

10% points bonus with an eligible BMO account
First year fee waived on current offer
Welcome offer up to 70,000 BMO Rewards

Does the fee earn out? · how we got this

The C$120 fee minus C$50 in printed credits leaves C$70/yr to earn back through rewards — roughly C$2,000 of dining spending at 5x (valuing BMO Rewards at the same mid-range value the optimizer uses). Whether that clears depends on your actual spending.

Who this card is not for

Every point below is a term the issuer prints, read off this card's own row in our database — not an opinion about the card. two things on this card rule out a kind of spender:

Anyone who spends abroad. Every purchase in a foreign currency carries a 2.5% foreign transaction fee. On a card earning 0.7¢ per dollar at the base rate, that fee costs more than the rewards on the same purchase.
Spending outside its bonus categories. Everything else earns 1x, worth about 0.7¢ per dollar at our value for BMO Rewards — less than the 1¢ a plain cash-back card pays on the same dollar. This card only wins where its bonus categories do.