BMO Canada: 2 No-Fee Student Credit Cards With Rewards

I am totally getting back into student mode! I just read the first of my books for school last night and started another (which is not going well). I am also in full student deal mode and found some offers from BMO that I never knew existed! BMO has two no-annual-fee credit cards for students that give back rewards. Both also act as an SPC Card (student price card which you usually buy for $10) so you get the added discounts and bonuses associated with those as well.

• Check out the student no annual fee credit cards @ BMO Canada now

The first card is the BMO SPC AIR MILES MasterCard where you earn air miles on your purchases. Here are the rewards:

• 500 Bonus reward miles (limited time offer) - Apply by August 31st and spend $200 by October 31st, 2013
• One AIR MILES reward mile for every $20 you spend on the card
• SPC (Student Price Card Ltd.) discounts of 10% to 15% at hundreds of stores
• Earn 1.25x reward miles at Shell locations in Canada
• Earn 1.5x reward miles and get up to 25% off rentals at National Car Rental & Alamo Rent A Car locations worldwide

All that with no annual fee. If you go to school away from home and travel back for the breaks, it might be a good idea to get some extra air miles with this card.

The second card is the BMO SPC CashBack MasterCard which tends to be my favourite. I love cash back! Here are the rewards:

• An annual rebate to your credit card: $1 cash back for every $200 spent on your card (= 0.5% cashback rate)
• SPC (Student Price Card Ltd.) discounts of 10% to 15% at hundreds of stores
• Earn 1.25x reward miles at Shell locations in Canada
• Earn 1.5x reward miles and get up to 25% off rentals at National Car Rental& Alamo Rent A Car locations worldwide

Again, this credit card is a no-annual-fee card. I am currently on a cash rebate system with a different credit card company and it has been my favourite so far.

I like their little comparison charts at the bottom. It shows you how much you will earn in either air miles or cash-back depending on what you spend a month. For example, if you spend around $1000 a month you can either get 1,100 air miles in a year or $60 back a year.

(Expiry: Unknown)