Get a welcome cash bonus of up to $100!*
Benefits
Everyday banking with great perks
Up to $100 cash bonus
Get a welcome cash bonus of up to $100 for being a new customer*
Canadian and U.S. dollar Savings Account
Get a Canadian and U.S. dollar Savings Account to use at no additional cost
Digital banking features at your fingertips
Get access to award-winning digital banking features to help you with your everyday banking needs
Compare
Explore the bonuses, features, and fees for our chequing accounts
Plus $11.95 per month or $0 with a $3,000 minimum balance | Performance $17.95 per month or $0 with a $4,000 minimum balance
| Premium $30.95 per month or $0 with a $6,000 minimum balance
| |
|---|---|---|---|
Welcome cash bonus* | $100 | $700 | $700 |
Family Bundle bonus*86 | X | ✓ | ✓ |
Savings Amplifier Account promotional interest rate** | Up to 4.75% | Up to 4.75% | Up to 4.75% |
Transactions per month*52 | 25 | Unlimited | Unlimited |
INTERAC e-Transfer®§ transactions*39 | Included | Included | Included |
BMO ATM withdrawals*53 | $0 | $0 | $0 |
OnGuard Identity Theft Protection*74 | - | Included | Included |
Family Bundle*86 | - | Available with this account | Available with this account |
| - | $40 | $150 | |
Additional accounts | Canadian dollar and US dollar Savings Account at no cost*3 | Canadian dollar and US dollar chequing and savings account at no cost*3 | Canadian dollar and US dollar chequing and savings account at no cost*3 |
Additional features |
| No fee for select Cheques*54 No fee for Stop Payments*50 Safety Deposit Box Annual $12 Discount*64Preferred exchange rate for U.S dollar*35 | |
Monthly Plan fee*4 | $11.95 OR $0/month with min. $3,000 balance | $17.95 OR $0/month with min. $4,000 balance | $30.95 OR $0/month with min. $6,000 balance |
Non-BMO ATM withdrawals per month*53 | $2 each in Canada, $5 each outside of Canada | 1 Canadian withdrawal included per month, then $2 each in Canada, $5 each outside Canada | Unlimited worldwide, no BMO fees |
Standard Overdraft protection*20 | $5/month | $5/month | No monthly fee |
Global Money Transfer*98 | $5 per transfer | No fee | No fee |
Compare chequing accounts to find the right one for you
Choose a BMO chequing account that meets your unique needs.
Helping you make real financial progress
3,300 + no fee ATMs
Bank at BMO ATMs for no fee and visit us for personalized support at a branch.
Award-winning digital banking
Explore features like BMO CreditView®, BMO Savings Goals, and BMO QuickPay.
Interactive financial tools like BMO SmartProgress™
Learn more about everyday banking, saving, investing, budgeting, home buying, and more on our interactive learning platform.
Students
Newcomers to Canada
Seniors
Everyday banking solutions designed for seniors, including a no monthly fee*83 chequing plan.
Indigenous
Enjoy banking with no monthly plan fee for a year*93 and preferred rates on other banking options.
Kids & teens
Canadian Defence Community
Bank with no monthly fees*80 and get flexible mortgage options.
Business owners
Find a business bank account that fits your needs, whether you’re just starting out, growing or established.
Open a chequing account online in minutes
Choose an account
Find the right account for you or let us help you choose.
Complete the online application
Our online application is fast, easy, and accessible.
Sign up for BMO Online Banking
Register for BMO Online Banking and start using the BMO mobile banking app.
Mobile
Easy, secure digital banking
Award-winning mobile banking
Recognized for Excellence in Digital Banking for a third year in a row.
Honoured for digital money management features and account alerts.
Awarded for BMO CashTrack, an artificial intelligence (AI) driven capability.
Plus Chequing Account FAQs
The Plus Chequing Account is a low monthly fee chequing account that offers a high transaction limit, making it perfect for everyday banking.
Manage your pre-authorized payments with BMO Powerswitch
With BMO Powerswitch, we make switching to BMO easy. Simply transfer your pre-authorized payments from another financial institution to your new BMO bank account online in minutes. Current BMO customer can also use BMO Powerswitch to manage pre-authorized payments.
Resources
What is a chequing account and how can it work for you?
Learn everything you need to know about chequing accounts so you can do more with your money.
How to find the best chequing account for your lifestyle
Why settle for a generic chequing account when you can find one that fits your lifestyle?
What’s the difference between a chequing and savings account?
Compare chequing vs. savings accounts and learn how you can use them both to your advantage.
Ready to get started?
Open an account online
Apply for an account online in as little as 7 minutes.
Come in and talk to us
Drop by your nearest branch to get personalized support.