Launched by BMO Bank of Montreal in partnership with Student Price Card (SPC), a Canadian national youth shopping loyalty program, Student Mosaik MasterCard is an innovative way of capturing the loyalty of the country’s youth for their lifetime.
This new Student Mosaik MasterCard, also called BMO SPC Mosaik MasterCard, combines all the benefits of the BMO Mosaik MasterCard credit card and SPC exclusive discounts and savings on clothes, food, entertainment, travel and other services at more than 250 merchants in 10,000 locations across Canada.
Student Mosaik MasterCard: Eligibility Criteria
You would be eligible for a Student Mosaik MasterCard card if:
- You are a student
- Have limited income
- Are a resident of Canada
Student Mosaik MasterCard: Features and Benefits
If you own a BMO SPC Mosaik MasterCard card, you can:
- Get a waiver of the SPC annual fee of $8.50
- Be saved the hassle of renewing the conventional SPC card every year
- Be eligible for savings at thousands of retail locations across Canada
- Continually customize your card in accordance with your requirements with features such as:
- No-fee Air Miles or CashBack rewards
- No-fee or low-rate interest rate plan
- Travel and medical protection
Student Mosaik MasterCard: Types of Cards
BMO Bank of Montreal offers several types of Student Mosaik MasterCard cards:
Low rate Student credit cards
- Mosaik MasterCard with Low Rate and Gold WestJet 1/$15 Air Miles option
- Mosaik MasterCard with Low Rate, and 1% Cash Back option
- Mosaik MasterCard with Low Rate, and No Fee Reward option
- Mosaik MasterCard with Low Rate, and Silver 1/$20 Air Miles option
Common features of a low rate Student Mosaik MasterCard card are:
- An interest rate of 11.40% on purchases, balance transfers and cash advances
- A 19-day grace period for new purchases
- Free travel insurance
- Purchase protection and extended warranty
- Air miles or cash backwith Mosaik MasterCard with Low Rate, and No Fee Reward option
Regular-rate Student credit cards
- Mosaik MasterCard with 1% Cash Back option
- Mosaik MasterCard with Gold WestJet 1/$15 Air Miles option
- Mosaik MasterCard with No Fee Reward option
- Mosaik MasterCard with Silver 1/$20 Air Miles option
Common features of regular-rate Student Mosaik MasterCard are:
- An APR of 18.50%on purchases, balance transfers and cash advances
- A 19-day grace period for new purchases
- Free travel insurance
- Purchase protection and extended warranty