BMO Eclipse Visa Infinite

Overview

The BMO Eclipse Visa Infinite is BMO Bank of Montreal's everyday rewards Visa, issued at the Visa Infinite tier. It carries a $120 CAD annual fee and earns 5 BMO Rewards points per dollar on groceries, dining, gas, and transit — a broad high-rate footprint that covers most of what Canadians spend on daily. All other purchases earn 1 BMO Rewards point per dollar. A 10% earn bonus applies when you add an authorised user to your account, and the card comes with a comprehensive Visa Infinite travel and purchase insurance package. It requires a minimum individual income of $60,000 CAD or household income of $100,000 CAD.

Who this card is for

This card fits Canadians who spend heavily on food and commuting — groceries, restaurants, takeout, transit passes, and gas — and who want to accumulate travel points through those everyday habits. Urban and suburban households with meaningful monthly spend across dining and grocery will earn points quickly given the broad 5x earn categories. If you add an authorised user, the 10% points bonus applies to all spending on both cards, which is a rare perk in Canada's credit card market.

Key benefits

The 5x BMO Rewards earn rate covers four major spending categories: groceries, dining, gas, and transit. BMO Rewards points are worth approximately 0.67 cents each on average, rising to approximately 0.71 cents per point when redeemed through the BMO travel portal (150 points = $1 CAD). That makes the effective return on 5x categories roughly 3.35–3.55% toward travel.

To illustrate: if you spend $600 CAD per month on groceries and dining combined, you'd earn 3,000 BMO Rewards points — worth about $20 CAD toward travel bookings. Over a year, that's $240 CAD from those categories alone, clearing the $120 CAD annual fee with room to spare.

The card also includes a $50 CAD annual lifestyle credit applied to eligible dining, gym memberships, spa services, or similar purchases each year — effectively trimming the net fee to $70 CAD for cardholders who use it. The Visa Infinite insurance package adds emergency medical coverage, trip cancellation and interruption, delayed and lost baggage, and car rental collision damage waiver. Purchase protection and extended warranty apply to eligible items.

Potential drawbacks

BMO Rewards points are not transferable to Aeroplan or other airline programs — redemptions are through the BMO travel portal or for statement credits at a lower value (200 points = $1 CAD, versus 150 points = $1 for travel). If you want points that can be transferred to airline partners, Amex MR or Aeroplan-earning cards offer more flexibility. The 5x earn rate also has no explicit monthly per-category cap listed for most spending — but verify current terms at bmo.com, as earning caps can apply.

How it compares

The American Express Cobalt earns 5x Amex MR points on food and dining at $191.88 CAD annually — those points transfer 1:1 to Aeroplan, giving them broader redemption utility. The Cobalt wins on flexibility; the BMO Eclipse Visa Infinite adds transit and gas to the 5x pool and has a lower annual fee. The BMO Cashback World Elite Mastercard earns 5% cashback on groceries and 4% on transit at $120 CAD — similar fee, similar categories, but in straightforward cashback rather than points.

Bottom line

One of the stronger everyday rewards cards in Canada for food and commuting spend. The 5x earn rate across groceries, dining, gas, and transit is broad, and the Visa Infinite insurance package adds genuine travel protection. The BMO Rewards ecosystem limits flexibility compared to transferable programs, but for straightforward travel redemptions through BMO's portal, the value is solid.