BMO Rewards @ 0.67¢/pt

BMO Eclipse Visa Infinite

Annual fee $120 · 2.5% FX · Insurance 5/10 · Lounge 0/10

Net value @ your spend

+$817

rewards $1,012 · credits $50 · fee −$120 · fx −$125

Per-category math

rate × spend × ¢/pt = $ earned

Category	Rate	Spend	¢/pt	= Earned
Groceries	5×	$12,000	0.67¢	$402
Dining	5×	$8,000	0.67¢	$268
Travel	1×	$10,000	0.67¢	$67
Gas	5×	$4,000	0.67¢	$134
Recurring	1×	$6,000	0.67¢	$40
All Other	1×	$15,000	0.67¢	$101
Subtotal				$1,012

One card per situation

✓ Use when

Groceries, dining, and gas — 5x BMO Rewards = 3.35¢/$ is the best rate available across these portfolios for everyday spend.
Transit (subways, rideshare, taxis) — same 5x category.
As the primary daily-spend card once the TD First Class $25k cap is hit on groceries/dining.

✗ Avoid when

Travel bookings — only 1x; use TD First Class instead.
Recurring bills / subscriptions — only 1x; use TD Aeroplan VIP or TD First Class.
Foreign purchases — 2.5% FX exceeds the rewards earned.
Trips needing strong insurance — insurance is mid-tier (5/10); upgrade to TD Aeroplan VIP for medical, trip cancel, mobile device.

No category caps on this card

Every bonus category on this card is uncapped — you earn the headline rate on every dollar of qualifying spend.

Direct from the issuer

Notable perks

Insurance

Out-of-province/out-of-country emergency medical insurance up to $5 million (up to 15 days)
Common carrier insurance
Car rental collision/loss damage insurance
Mobile Device Insurance up to $1,000
Extended Warranty Insurance up to one additional year
Purchase Security Insurance for 90 days

Other cards