Our Verdict
The BMO Eclipse Visa Infinite earns strong marks for its exceptional 5x earning rate on everyday essentials, addressing the categories where Canadian households actually spend most of their money rather than aspirational travel purchases. The welcome package totaling $570 in value provides immediate returns that exceed many premium cards, while the first-year fee waiver allows risk-free evaluation of the card's fit. Mobile device insurance and the annual $50 lifestyle credit add practical value that resonates with modern lifestyles, creating benefits beyond simple point accumulation. The card loses points for its $50,000 annual cap on 5x earning, which active households might exhaust by autumn, forcing them back to the basic 1x rate for the remainder of the year. The $120 annual fee after year one requires careful consideration of spending patterns to ensure positive value, while BMO Rewards points typically offer lower redemption values compared to premium travel programs. Despite these limitations, for middle to upper-income Canadians who spend heavily on groceries, dining, and transportation, the BMO Eclipse Visa Infinite delivers outstanding value on everyday purchases, making it an intelligent choice for pragmatic rewards seekers.
7.9 / 10
- Earn up to 5 points per $1 spent
- Earn up to 60,000 bonus welcome points
- Get an anniversary lifestyle credit
- Travel insurance coverage
- Mobile device coverage
- This card has an annual fee of $120
- You'll need to have an individual income of $60,000 or a household income of $100,000 to apply for this credit card
- Earn limits are capped
Requirements
Be a Canadian citizen or permanent resident who is at least 18 years old (19 in some provinces) Earn a minimum individual income of $60,000 or a minimum household income of $100,000
