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BMO Performance Chequing Account

Special Offer

Up to $700 in welcome bonus*

Account Type

Chequing account

Public

Consumers

Monthly Fee

$17.95

no monthly fee with a minimum balance of $4,000

See all accounts from BMO

Offer

Get up to $700 welcome bonus* when you open a chequing account.
- Earn $450 when you open a BMO Performance or BMO Premium Chequing Account and make a deposit of any amount by March 3, 2025.
- Earn $200 when you open a Savings Builder Account and make a deposit of $10,000 or more by March 3, 2025, and maintain this balance at all times for 90 days.
- Earn an extra $50 when you invite a family member as part of a BMO Family Bundle and have them open their account by March 3, 2025.
Get up to a 4.75% promo interest rate when you add a Savings Amplifier Account
Unlimited transactions*
Get accounts for family members without paying an additional monthly fee
Up to $40 rebate on the annual fee for eligible BMO credit cards
OnGuard^®† Identity Theft Protection at no charge

Fees

Account Name BMO Performance Chequing Account

Public Consumers

Special Offer Up to $700 in welcome bonus*

Monthly Fee $17.95

Monthly Fee Waiver (Min. Amount) $4,000

Monthly Fee Waiver (Details) no monthly fee with a minimum balance of $4,000

Unlimited Transactions

eStatement

Statement by mail $2

ATM Fee (Institution) $0

ATM Fee (Canada - other institution) $2

ATM Fee (International) $5

ATM Fee (USA) $5

Insufficient fund fee $5

Bank draft cost $9.95

Interac e-Transfer Unlimited

Credit Card Rebate $40

Our review

With the BMO Performance Chequing Account, you can earn up to $700 in welcome bonus:

$450 for opening a Performance or Premium account with a deposit before March 3, 2025.
$200 for opening a Savings Builder Account with a deposit of $10,000 or more before March 3, 2025, and maintaining this balance for 90 days.
$50 to invite a family member to open an account before March 3, 2025.

Also enjoy a promotional interest rate of 4.75% with a BMO Savings Amplifier Account.

Other benefits :

Unlimited banking transactions
Up to $40 off annual fees on eligible BMO credit cards
Free money transfers to 50 countries

All for $17.95 a month, or free if you maintain a minimum balance of $4,000.

Alternative bank accounts

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BMO Premium Chequing Account

Up to $700 in welcome bonus*

Scotiabank Ultimate Chequing Account

Up to $800 welcome bonus

Scotiabank Chequing Account Preferred Package

Up to $800 welcome bonus

Alternative Cards

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BMO eclipse Visa Infinite* Card

Up to 70,000 Points

Ends Jun 1, 2025

First year value : $1,072

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Up to 25,000 Points

Ends Jun 1, 2025

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Ends Jun 1, 2025

First year value : $1,256