BMO eclipse Visa Infinite Privilege review

The basics

The BMO eclipse Visa Infinite Privilege Card offers a number of exclusive benefits to cardholders, including:

• 5X the points. Earn 5x the BMO Points for every $1 spent on groceries, dining in and out, drugstore purchases, gas and travel. You'll earn 1 point per $1 spent on everything else.
• Welcome bonus. Get up to 120,000 welcome points. Earn 50,000 points after you spend a minimum of $6,000 within the first 3 months, plus earn 30,000 points when you spend at least $30,000 in the first 6 months. Get an additional 40,000 points when you spend at least $75,000 by your first anniversary.
• Anniversary lifestyle credit. You’ll get a $200 anniversary lifestyle credit to spend however you like.
• Airport perks. Enroll in the Visa Airport Companion program, and get six free airport lounge visits annually. Enjoy Priority Security Lane/airport parking/valet service discounts at select Canadian airports.
• Exclusive benefits. Take advantage of hotel benefits, complimentary concierge services, wine & dining events and discounted access to golf clubs around the world.
• Mobile device insurance. Cash in on 1000 worth of coverage to help replace your mobile phone if it gets lost, stolen or accidentally damaged (conditions apply).
• Purchase protection. Take advantage of 120-day purchase protection, or extend your manufacturer’s warranty for up to one year when you purchase items with your card.
• Several forms of travel insurance. Enjoy multiple forms of travel insurance including travel medical, trip interruption/cancellation, flight delay and lost baggage insurance.

Insurance type	Level of coverage
Travel medical	Up to $5 million for 22 days if you're under 65 years old (three days if you're 65 or older). Coverage can be extended for an additional fee.
Trip cancellation	Up to $2,500 per passenger per incident (or $5,000 for all insured combined)
Trip interruption or delay	Up to $5,000 per passenger per incident (or $25,000 for all insured combined)
Flight and baggage delay	Up to $1000 for all passengers combined per trip
Baggage theft or loss	Up to $1,000 per trip ($2,500 per trip for all insured people combined)
Hotel burglary	Up to $2,500 per trip for all insured passengers combined
Car rental theft or damage	Up to 48 days of consecutive coverage for vehicles with an MSRP of up to $85,000
Common carrier (plane, train, ship or bus)	Up to $500,000 per insured person

The perks

• Extra points for additional users. Primary cardholders that add a supplementary card to their account will receive a 25% bonus earn rate.
• Easy points system. Use the points you earn to pay off specific items on your statement, such as your morning latte or your newest pair of Manolos.
• Fraud protection. Relax knowing that your account is protected with encryption and other security features like chip technology for online purchases.
• Tap and pay. Download the app for easy, contactless payment on your phone.
• Visa Zero Liability. Enjoy peace of mind knowing that you won’t be charged for fraudulent activity on your account (conditions apply).
• Customer support. Reach out to BMO for help via phone, the bank’s online support tool or by visiting a nearby branch in person.
• Visa Infinite benefits. Connect to Visa Infinite Concierge services to get help with your travel plans, and get special offers for hotels, golf trips and wine & dining experiences.

What to watch out for

• Very high annual fee. You’ll have to pay $499 per year to keep this card active, and you won’t be able to get this fee waived in the first year.
• Strict income requirements. You must have an individual income of $150,000 or a household income of $200,000 to apply for this credit card.
• Earn limits are capped. You can only earn accelerated rewards on purchases up to $200 per year before you go back to earning 1 per $1 on all categories.

BMO eclipse Visa Infinite Privilege interest rates

Interest type	Interest rate
Purchase interest rate	20.99%
Cash advance rate	23.99%
Standard balance transfer rate	23.99%

What should I know before I apply?

Eligibility requirements

To apply for a BMO eclipse Visa Infinite Privilege, you’ll need to meet the following criteria:

• Be a Canadian citizen or permanent resident
• Be at least the age of majority in your province or territory (18 or 19)
• Earn a minimum individual income of $150,000 or a minimum household income of $200,000

You will also need to provide the following documents and information:

• Your name, residential status and contact information
• Your Social Insurance Number (SIN) and date of birth
• Your email address and phone number

How to apply

1. Visit BMO's website.
2. Select Apply now and complete the application, which includes providing your name, email address, Social Insurance Number and birth date.
3. Review and submit your application.

Is there a BMO eclipse Visa Infinite Privilege welcome bonus?

Yes, the BMO eclipse Visa Infinite Privilege comes with a sizeable welcome bonus.

Get up to 120,000 welcome points. Earn 50,000 points after you spend a minimum of $6,000 within the first 3 months, plus earn 30,000 points when you spend at least $30,000 in the first 6 months. Get an additional 40,000 points when you spend at least $75,000 by your first anniversary.

If you cancel your card within the first 90 days of signing up, you won’t get your welcome bonus, even if you spent the required amount of cash.

Bottom line

The BMO eclipse Visa Infinite Privilege Card is designed for high-income earners with a penchant for travel. It lets you earn accelerated rewards whenever you spend money on daily essentials like gas, groceries, dining, travel or drugstore purchases. It also comes with a generous welcome bonus, an anniversary lifestyle credit and tons of exclusive perks and benefits when you sign up.