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Get up to $1,400§ in value with us

This includes up to a $700* cash bonus and a promo interest rate** when you open a chequing and a Savings Amplifier Account.

Up to

§

in value

Performance
Chequing Account

New to Canada?

Enjoy no monthly fees for a year*69 when you open a Performance chequing account
Find out how

Plus, enjoy no-fee daily banking

*90

for anyone in your household when they join your bank plan.

Features

  • Earn up to a $700 cash bonus* when you open a new chequing and Savings Amplifier Account
  • Save up to $215.40§ in annual account fees when you maintain a minimum balance*4
  • Save up to $155§ each year with OnGuardfootnote registered trademark dagger Identity Protection*74
  • Get accounts for family members without paying an additional monthly fee*86
  • No-fee Global Money Transfer transactions to up to 50 countries*103

Fees

Monthly fee

OR
$0.00*4

With a minimum balance of $4,000

Just want the basics?

Earn a $100* bonus when you open a Plus Plan Chequing Account online!

Earn up to a $700* cash bonus in three easy steps!

  • Step 1
    Chequing Account Offer

    Earn $450 when you open a new BMO Performance or Premium Plan Chequing Account and make a deposit of any amount by July 2, 2025.
    Complete two of the following by August 29, 2025:
    • Set up a recurring direct deposit; 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.
  • Step 2
    Savings Account Offer

    Earn $200 when you open a Savings Amplifier Account by July 2, 2025 and complete the following:
    • Deposit a total $10,000 or more into the Savings Amplifier Account within the first 30 calendar days of opening the Savings Amplifier Account;
    • After the initial 30-calendar day period from the Savings Amplifier Account open date, maintain a daily closing balance of $10,000 or more at all times for an additional 90 calendar days.
    You must complete step one to qualify for step two.
  • Step 3
    Family Bundle Offer

    Earn an extra $50 when you invite a family member as part of a BMO Family Bundle and have them open their account by July 2, 2025.
    You must complete step one to qualify for step three.
*For complete offer details, please review the terms and conditions.
  • Unlimited no fee transfers

    Make no fee transfers to your other BMO accounts any time, including mobile and online transfer, and ATM.*99
  • Earn money when you save

    Benefit from a competitive interest rate every time you save money.*12
  • No monthly fee or minimum deposit

    Save money when you bank with no monthly fee and no minimum balance required.

Stay motivated to save

Our Savings Goals feature helps you save in the BMO mobile banking app.

Get exclusive savings when you fuel up at Shell

AIR MILES collectors can enjoy savings of up to 7¢ per litre when fuelling up at a Shell station with a BMO debit card. Plus, save even more with a CAA®* membership!

*Terms and conditions apply.

More reasons to bank with BMO

Get no-fee daily banking*91 for your family with the BMO Family Bundle*86

One household, one monthly fee, a bundle of family savings. As long as you have two or more adults in your household, you qualify! Find out why BMO Family Bundle just makes sense.

New to Canada? Enjoy no monthly fees*69 for a year with BMO NewStartfootnote registered trademark of Bank of Montreal.
The BMO NewStartfootnote registered trademark of Bank of Montreal. Program includes special offers on accounts and services to help you save money and establish your financial future. Newcomers to Canada can open a Performance Plan chequing account with no monthly plan fees and get a*63 small safety deposit box for 12 months – that’s more than $260 in savings!

This deal won't last forever

Open your account online between July 5, 2021 and October 31, 2021 and complete the steps listed below by December 31, 2021 to earn your bonus. It’s that easy, we promise.

Choose your account to earn your bonus

Premium Plan

Chequing Account

Enjoy unlimited transactions*52 with extra perks

Performance Plan

Chequing Account

Get unlimited transactions*52 at a low cost with our most popular account.

BMO ranked number 1 for customer satisfaction

BMO has received the highest ranking for customer satisfaction among the Big 5 Retail Banks in the J.D. Power 2023 Canada Retail Banking Satisfaction Study.

Bank account FAQs

Want to know more? That’s what we’re here for.

Come in and talk to us
Drop by your nearest branch to chat about your financial future.