$120 annual fee rebated every year with a BMO Premium Plan

If you have a BMO bank account with the Premium Plan and spend at least $15,000 a year on the card, BMO rebates the card's full $120 annual fee each year.

Conditions: You must be the primary cardholder and the lead accountholder of a Primary Chequing Account, Interest Chequing Account (existing customers) or Premium Rate Savings Account with the Premium Plan. Spend $15,000 or more in qualifying purchases in each 12-month period between annual fee billing dates; cash advances and cash-like transactions don't count. BMO Private Wealth Banking clients are excluded. One rebate per Plan, and it doesn't cover fees for additional cards. The rebate appears on one of the first two statements after the annual fee is billed. BMO can change or withdraw it at any time.