Points for Cash!

Redeem your BMO Rewards points for cash that will be applied to your credit card account balance as a cash credit. It couldn't be easier to pay with points!

Here’s how it works:

For every 15,000 points, get $50 cash credit¹

  • You can redeem in increments of 15,000 points to be applied towards your outstanding credit card balance
  • The credit will be applied within 3-5 business days to the primary credit card account linked to the BMO Rewards collector number




1. The cash credit will reduce the outstanding balance owing on your credit card account at the time the credit is applied. Your cash credit will not count towards your minimum payment and if you redeem your points for a cash credit, you must still make your monthly minimum payment as described in your Cardholder Agreement. The cash credit will be applied to the primary credit card account that is linked to the BMO Rewards collector account. Please allow 3-5 business days for your cash credit to be processed before it can be applied to your credit card account. This redemption option may be changed, limited, prohibited or withdrawn at any time without notice. You cannot cancel or change your cash credit redemption after you have made the redemption.

What's new?

View the latest items recently added to BMO Rewards.

Shop now
BMO World Elite MasterCard Limited time: Pay no annual fee for your first year

Use your points.

Book flights, hotels, vacation packages and more.

Book now