BMO Chequing

by Anshul & Rachel Yuan
a blue credit card on a table
Premium Chequing Account – Apply Now
  • Monthly Fees: $0* or $30.95 (No fee with a minimum monthly balance of $6,000)*
  • Welcome Bonus: Up to $900 Cash Bonus available until August 6, 2026*
  • Step 1 – Chequing Account Offer:
    • Earn $700 when you open a new BMO Performance or Premium Plan Chequing Account by August 6, 2026. Complete the following by September 30, 2026:
      • Set up a recurring direct deposit of at least $500 and have the first deposit appear by September 30, 2026.
      • Complete one of the following by September 30, 2026;
        • Make two eligible online bill payments of at least $50 to two different payees; and/or
        • Set up two eligible pre-authorized debits of at least $50 from two different payees.
  • Step 2 – Savings Account Offer:
    • Earn $150 when you open a Savings Amplifier Account by August 6, 2026
    • Complete the following:
    • Deposit $10,000 or more within 30 days of opening the account
    • Maintain a daily closing balance of $10,000 or more for 120 calendar days from the date of deposit to earn the 4.65% promotional interest rate** on balances up to $1,000,000;
    • After the initial 120-day promotional period, continue to maintain a daily closing balance of $10,000 or more for an additional 90 calendar days to qualify for the $150 cash bonus.

You must complete Step 1 to qualify for Step 2

  • Step 3 – 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:
      • Create one (1) Goal in My Financial Progress Plan by September 30, 2026;
      • Go to the Planning Tab and apply one (1) Strategy to the plan by September 30, 2026.

You must complete Step 2 to qualify for Step 3

  • Walmart Delivery Pass Offer – Get a Walmart Delivery Pass subscription for up to 12 months* when you:
    • Open and fund a new Performance, Premium, Practical and Plus chequing account by August 6, 2026.
    • Sign up for or update your existing Walmart Delivery Pass subscription on ca by September 30, 2026. You’ll have to select Debit Mastercard as the payment option and enter your new BMO debit card number
  • 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 October 31, 2026. The Savings Account cash bonus will be credited by April 30, 2027. Unfortunately if you already have a chequing account with us from May 21, 2025 to August 6, 2026 you are not eligible for this promotion. If you close your account before August 6, 2027, you will not be 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 accounts 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

Performance Chequing Account – Apply Now
  • Monthly Fees: $0* or $17.95 (No fee with a minimum monthly balance of $4,000) *
  • Welcome Bonus: Up to $900 Cash Bonus available until August 6, 2026*
  • Step 1 – Chequing Account Offer:
    • Earn $700 when you open and fund a new BMO Performance or Premium Plan Chequing Account by August 6, 2026. Complete the following by September 30, 2026:
      • Set up a recurring direct deposit of at least $500 and have the first deposit appear by September 30, 2026.
      • Complete one of the following;
        • Make two eligible online bill payments of at least $50 to two different payees; and/or
        • Set up two eligible pre-authorized debits of at least $50 from two different payees.
      • Step 2 – Savings Account Offer:
        • Earn $150 when you open a Savings Amplifier Account by August 6, 2026
        • Complete the following:
        • Deposit $10,000 or more within 30 days of opening an account
        • Maintain a daily closing balance of $10,000 or more for 120 calendar days from the date of deposit to earn the 4.65% promotional interest rate** on balances up to $1,000,000;
        • After the initial 120-day promotional period, continue to maintain a daily closing balance of $10,000 or more for an additional 90 calendar days to qualify for the $150 cash bonus.

You must complete Step 1 to qualify for Step 2

  • Step 3 – 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:
      • Create one (1) Goal in My Financial Progress Plan by September 30, 2026;
      • Go to the Planning Tab and apply one (1) Strategy to the plan by September 30, 2026.

You must complete Step 2 to qualify for Step 3

  • Walmart Delivery Pass Offer – Get a Walmart Delivery Pass subscription for up to 12 months* when you:
    • Open and fund a new Performance, Premium, Practical and Plus chequing account by August 6, 2026.
    • Sign up for or update your existing Walmart Delivery Pass subscription on ca by September 30, 2026. You’ll have to select Debit Mastercard as the payment option and enter your new BMO debit card number
  • 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*
    • 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 October 31, 2026. The Savings Account cash bonus will be credited by April 30, 2027. Unfortunately if you already have a chequing account with us from May 21, 2025 to August 6, 2026 you are not eligible for this promotion. If you close your account before August 6, 2027, you will not be 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 accounts 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.