BMO eclipse Visa Infinite Privilege* Card Review

Check out the BMO eclipse Visa Infinite Privilege* Card; a lifestyle credit card that rewards you with points for every purchase you make.

WRITTEN BY
Lisa Rennie
Updated November 11, 2020


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As the oldest bank in Canada, the Bank of Montreal (BMO) is a popular financial institution among Canadians and offers a full suite of banking products. From traditional bank accounts, mortgages, and loans, to investments and wealth building, there’s no shortage in what BMO has to offer. And now, BMO is introducing its very first Visa credit cards to consumers. 

BMO has long been an exclusive MasterCard credit card issuer, so introducing a new line of Visa cards is a unique proposition for the bank and its clients. 

The BMO eclipse Visa Infinite Privilege* Card is one of two Visas that the bank is now offering to its client base and is designed with high-net-worth individuals in mind. Consumers who enjoy luxurious vacations, exclusive events, and big-ticket merchandise will find the BMO eclipse Visa Infinite Privilege* Card a convenient financial asset to have in their wallets. 

Let’s take a closer look at the newest addition to BMO’s credit card suite.

BMO eclipse Visa Infinite Privilege* Card

The BMO eclipse Visa Infinite Privilege* Card is a lifestyle credit card that rewards you with points for every purchase you make. This card is geared toward those with established wealth or who earn a higher income, as the annual fee may be more expensive than many Canadians can handle. But, in exchange for the annual fee, the card comes with a slew of perks to take advantage of. 

With the BMO eclipse Visa Infinite Privilege* Card, you can enjoy exclusive privileges, events, vacations, and big-ticket product purchases. You’ll be granted up to 50,000 points when you first sign up, and can even earn points through supplemental authorized users. 

Plus, you can redeem your points for as little as $1 without having to wait until you’ve accumulated thousands of points. In this way, you can satisfy your need for instant gratification and gain an immediate benefit when you want to redeem for low-ticket items. 

How to Earn Points With The BMO eclipse Visa Infinite Privilege* Card

Users can earn 5 times the BMO Rewards points for every dollar spent on eligible travel, dining, gas, groceries, and pharmacy purchases. For all other purchases, users earn 1 BMO Rewards point for every dollar spent.

There is also the opportunity to earn points by adding supplemental authorized users to your BMO credit card account. When you add a friend or family member as an authorized user, you can earn 25% more points. Plus, you can take advantage of the welcome bonus that allows you to earn up to 50,000 points when you first sign on.

Additional Perks of The BMO eclipse Visa Infinite Privilege* Card

Not only can you earn points when you use this credit card every day, but you can also take advantage of several perks and luxury benefits. The BMO eclipse Visa Infinite Privilege* Card comes with exclusive benefits, including the following:

  • $200 annual lifestyle credit that can be spent on whatever you want.
  • Up to $1,000 in mobile device insurance should your cell phone ever get damaged, stolen, or lost. 
  • Access to the Priority Security Lane, airport parking, and valet service discounts at various airports in Canada.
  • Membership to Priority Pass and 6 lounge visits each year, valued at nearly $300 US.
  • Access to Visa Infinite Dining Series and Visa Infinite Wine Country for deluxe dining and wine events. 
  • Access to the Visa Infinite Privilege Concierge, which serves as your own on-call personal assistant.

How Do You Redeem Your BMO eclipse Visa Infinite Privilege* Card Reward Points?

BMO eclipse Visa Infinite Privilege* Card Reward points can be redeemed by accessing your BMO Rewards account and shopping from the catalogue of merchandise, services, and gift cards. Or, you may choose to put the points towards investments or paying down your credit card balance. 

The BMO eclipse Visa Infinite Privilege* Card offers the ultimate in flexibility and freedom when it comes to redeeming points. While you may choose to wait until you’ve accumulated enough points to cover holiday travel, appliances for your home, or a big grocery bill, you don’t have to. 

Instead, BMO allows users to redeem as little as $1 worth of points to cover life’s simple pleasures, like your morning cappuccino or your exclusive newspaper subscription. This is unlike what you’ll see with most other reward credit cards.

You may also cover credit card transactions with your points. To do so, follow these steps:

  1. Sign in to BMORewards.com
  2. Select “Pay with Points”
  3. Browse your credit card transactions and select the purchase you’d like to redeem your accumulated points for
  4. Choose how many points you want to redeem towards your chosen transaction 

As long as your account is active and valid, your BMO Rewards points will never expire. 

What is the value of a BMO Rewards point?

When redeeming your BMO Rewards points, the option you choose, whether it’s travel, merchandise, etc, will affect the dollar value of your points. If you want the most value for your points, redeeming them for travel expenses is your best option. When you choose travel, 1 point is worth $0.007. 

BMO eclipse Visa Infinite Privilege* Card Overview

Annual Fee$499
APR20.99%
Cash Advances23.99%
Welcome BonusUp to 50,000 points
Extra Benefits– Mobile insurance
– $200 Annual credit
– Earn 10% more points with added authorized users
– Priority Security Lane
– VIP Airport parking
– Valet service discounts at Canadian airports
– Priority Pass and 6 lounge visits/year
– Visa Infinite Dining Series and Visa Infinite Wine Country
– Visa Infinite Privilege Concierge

BMO eclipse Visa Infinite Privilege* Card Eligibility 

You will need to earn a certain income in order to be eligible for the BMO eclipse Visa Infinite Privilege* Card:  

  • Individuals: Minimum of $150,000 
  • Household: Minimum of $200,000

Important Deadlines

As mentioned earlier, new applicants for the BMO eclipse Visa Infinite Privilege* Card can earn up to 50,000 in Welcome Bonus points when they first sign on. However, this bonus will only be offered for a limited time. To earn these extra 50,000 points, you will need to apply for the card by October 31st, 2021.

Final Thoughts

The BMO eclipse Visa Infinite Privilege* Card is perfect for those who have a little more money to spend and are looking to be rewarded for their hard work, sound investing, or wealth-building decisions with a rewards credit card. If you enjoy luxury holidays and exclusive experiences and want a credit card that can help you access these privileges hassle-free, then the BMO eclipse Visa Infinite Privilege* Card may be the ideal financial product for you.

* BMO is not responsible for the accuracy of this information or for maintaining the content on this page. Please visit bmo.com for the most up to date information.