BMO Premium Chequing Account

Offer

Earn up to a $600 cash bonus* when you open a chequing account.
- Earn $400 when you open a new BMO Performance or Premium Plan Chequing Account and make a deposit of any amount by March 3, 2025.
- Earn an additional $150 when you open a Savings Amplifier Account, make a deposit of $10,000 or more by March 3, 2025, and maintain that balance at all times until March 31, 2025.
- 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 ATM withdrawals other financial institutions worldwide worldwide
Up to $150 off the annual fee each year for an eligible BMO credit card
Get a preferred exchange rate for U.S. dollars when transferring funds between your Canadian and U.S. dollar accounts (both ways)

You can get it all for $30.95 a month—or no monthly fee if you maintain a minimum balance of $6,000.

Fees

Account Name BMO Premium Chequing Account

Public Consumers

Special Offer Up to $600 in welcome bonus*.

Monthly Fee $30.95

Monthly Fee Waiver (Min. Amount) $6,000

Monthly Fee Waiver (Details) no monthly fee with a minimum balance of $6,000

Unlimited Transactions

eStatement

Statement by mail $2

ATM Fee (Institution) $0

Interac e-Transfer Unlimited

Credit Card Rebate $150

Our review

With the BMO Premium Chequing Account, you can manage your finances easily and efficiently with BMO. Right now, you can get up to a $600 in cash bonus:

$400 for opening a Performance or Premium account with a deposit before March 3, 2025.
$150 for opening a Savings Builder Account with a deposit of $10,000 or more before March 3, 2025, and maintaining this balance until March 31, 2025.
$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.

In addition, you can benefit from:

Unlimited ATM withdrawals from other financial institutions worldwide
Up to $150 rebate on the annual fee for an eligible BMO credit card
Preferred U.S. foreign exchange rate when you transfer funds between your Canadian and U.S. dollar accounts (in both directions)

You can get it all for $30.95 a month—or no monthly fee if you maintain a minimum balance of $6,000.