BMO Accounts

by Anshul & Rachel Yuan
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Premium Chequing Account – Apply Now

a credit card and a bag with food

  • Monthly Fees: $0* or $30.95 (*No fee with a minimum monthly balance of $6,000)
  • Welcome Bonus: Up to $800 Cash Bonus available until June 1, 2026.
  • Chequing Account Offer:
    • Earn $500 when you open a new BMO Performance or Premium Plan Chequing Account and make a deposit of any amount by June 1, 2026. Complete two of the following by July 31, 2026:
      • Set up a recurring direct deposit of at least $500; and/or
      • Make two eligible online bill payments of at least $50 to different billers; and/or
      • Set up two eligible pre-authorized debits of at least $50 to different billers.
    • Direct Deposit Offer:
      • Earn $100 when you:
        • Set up a recurring deposit of $500 or more by July 31, 2026 and maintain it for one year
      • Savings Account Offer:
        • Earn Walmart Delivery Pass Subscription for up to 12 months when you open a Savings Amplifier Account by June 1, 2026, and deposit any amount by June 30, 2026. Then sign up for or update your existing Walmart Delivery Pass by July 31, 2026 and complete one action required.
        • Earn $150 when you open a Savings Amplifier Account by June 1, 2026 and complete the following:
          • Deposit $10,000 or more within 30 days of opening and maintain that balance for 3 months
        • My Financial Progress Offer:
          • Earn an extra $50 when you sign in to BMO Online Banking or BMO Mobile Banking to access My Financial Progress and complete the following:
            • Apply 1 Goal and 1 Strategy in My Financial Progress Plan by July 31, 2026
          • Account features:
            • Get accounts for family members without paying an additional fee
            • Get a promo interest rate when you add a Savings Amplifier Account
            • Up to $150 rebate on the annual fee for an eligible BMO credit card
            • Preferred U.S. foreign exchange rate
            • Unlimited transactions and worldwide for non-BMO ATM withdrawals at no cost
            • OnGuard®† Identity Theft Protection Included†
            • No-fee Global Money Transfer transactions to up to 50 countries

 If you meet the eligibility criteria, the Chequing Account and My Financial Progress cash bonus will be credited to your account by August 31, 2026. The Direct Deposit offer cash bonus will be credited one month after maintaining the direct deposit for twelve consecutive months. The Savings Account cash bonus will be credited by October 31, 2026. Unfortunately, if you already have a chequing account with us, you are not eligible for this promotion. If you closed your account between February 10, 2025, and June 1, 2026, you aren’t eligible for this promotion. Each bill payment is required to be paid to a different biller account number. For example, if you are paying a cell phone bill, it has to be paid to different account numbers to be counted as 2 different bill payments.

* A detailed list of benefits and perks of the account is listed here

 

Performance Chequing Account – Apply Now

a credit card and a bag of food

  • Monthly Fees: $0* or $17.95 (*No fee with a minimum monthly balance of $4,000)
  • Welcome Bonus: Up to $800 Cash Bonus available until June 1, 2026
  • Chequing Account Offer:
    • Earn $500 when you open a new BMO Performance or Premium Plan Chequing Account and make a deposit of any amount by June 1, 2026. Complete two of the following by July 31, 2026:
      • Set up a recurring direct deposit of at least $500; and/or
      • Make two eligible online bill payments of at least $50 to different billers; and/or
      • Set up two eligible pre-authorized debits of at least $50 to different billers.
    • Direct Deposit Offer:
      • Earn $100 when you:
        • Set up a recurring deposit of $500 or more by July 31, 2026 and maintain it for one year
      • Savings Account Offer:
        • Earn Walmart Delivery Pass Subscription for up to 12 months when you open a Savings Amplifier Account by June 1, 2026, and deposit any amount by June 30, 2026. Then sign up for or update your existing Walmart Delivery Pass by July 31, 2026 and complete one action required.
        • Earn $150 when you open a Savings Amplifier Account by June 1, 2026 and complete the following:
          • Deposit $10,000 or more within 30 days of opening and maintain that balance for 3 months
        • My Financial Progress Offer:
          • Earn an extra $50 when you sign in to BMO Online Banking or BMO Mobile Banking to access My Financial Progress and complete the following:
            • Apply 1 Goal and 1 Strategy in My Financial Progress Plan by July 31, 2026
          • Account features:
            • Get accounts for family members without paying an additional monthly fee
            • Get a promo interest rate when you add a Savings Amplifier Account
            • Up to $40 rebate on the annual fee for eligible BMO credit cards
            • OnGuard®† Identity Theft Protection Included
            • Unlimited transactions
            • No-fee Global Money Transfer transactions to up to 50 countries

If you meet the eligibility criteria, the Chequing Account and My Financial Progress cash bonus will be credited to your account by August 31, 2026. The Direct Deposit offer cash bonus will be credited one month after maintaining the direct deposit for twelve consecutive months. The Savings Account cash bonus will be credited by October 31, 2026. Unfortunately, if you already have a chequing account with us, you are not eligible for this promotion. If you closed your account between February 10, 2025, and June 1, 2026, you aren’t eligible for this promotion. Each bill payment is required to be paid to a different biller account number. For example, if you are paying a cell phone bill, it has to be paid to different account numbers to be counted as 2 different bill payments.

* Terms and conditions apply. A detailed list of benefits and perks of the account is listed here.