BMO Performance Chequing Account for Newcomers

Special Offer
Up to $700 in welcome bonus*
Account Type
Chequing account
Public
Newcomers
Monthly Fee
$0
No plan fees for one year
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BMO Performance Chequing Account for Newcomers
Up to $700 in welcome bonus*
Apply Now

Offer

  • Earn up to $700 welcome bonus* when you open a chequing account:
    • Get $450 when you open a BMO Performance or BMO Premium chequing account and make a deposit of any amount by July 2, 2025.
    • Earn $200 when you open a Savings Amplifier Account and make a deposit of $10,000 or more by July 2, 2025.
    • Family Bundle Offer: Get a $50 cash bonus when you have a family member open a new Primary Chequing Account before July 2, 2025.
  • Get a promotional interest rate of up to 4.80% when you add a Savings Amplifier Account.
  • No monthly plan fees for one year*
  • Protect your documents in a safety deposit box and get a $60 cash bonus
  • 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

Public Newcomers
Special Offer Up to $700 in welcome bonus*
Monthly Fee $0
Monthly Fee Waiver (Details) No plan fees for one year
Unlimited Transactions
Overdraft protection monthly fee $5
eStatement
Statement by mail $2
ATM Withdrawals per month 1
ATM Fee (Institution) $2
ATM Fee (International) $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 for Newcomers, you can earn up to $700 in cash bonus:

  • $450 for opening a Performance or Premium plan and make a deposit before July 2, 2025.
  • $200 for opening a Savings Amplifier Account with a deposit of $10,000 or more before July 2, 2025
  • $50 to invite a family member to open a chequing account before July 2, 2025.

You can also benefit from a promotional interest rate of 4.80% when you add a BMO Savings Amplifier Account.

In addition, you can benefit from:

  • Unlimited number of current banking transactions
  • Up to $40 off the annual fee for eligible BMO credit card
  • No Fee Global Money Transfer: Send funds quickly and securely to up to 50 countries (regions) in multiple currencies.

Get it all at no cost for one year!

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