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To receive the $700 bonus tied to the chequing account, you must set up a recurring direct deposit of $500 or more, then complete one of the following actions:
Please note that these conditions must be met in order to proceed to step 2, which is the bonus associated with the Savings Amplifier Account.
You can earn $150 when you open a Savings Amplifier Account before November 2, 2026, and deposit $10,000 or more within the first 30 days of opening. You must maintain this balance of at least $10,000 at all times for an additional 90 calendar days.
Currently, the Savings Amplifier Account offers a promotional interest rate of 5.00%, guaranteed for up to 120 days after the account opening date.
By maintaining a minimum balance of $4,000 in your Performance chequing account, you save on monthly fees of $17.95, which can save you up to $215.40 per year.
Do you have a Bank of Montreal credit card? By participating in this Performance account offer, you could get a $40 discount on your credit card annual fees. Here are some of the cards that are eligible for this offer:
You can therefore select the eligible credit card that suits you and take advantage of welcome offers to earn a large number of BMO Rewards points, AIR MILES miles, or cash back that can be used for your next trips or to lighten your expenses.
Consult our page on the best BMO credit card offers to choose the one that best suits your needs:
To keep the welcome offer, you must ensure that your eligible chequing and savings accounts remain open until November 2, 2027. If you close your accounts before this date, BMO reserves the right to withdraw your bonus.
Exclusions: carefully review the exclusion list, as you may not be eligible for this offer if you are currently a BMO client or have been recently.
Take the time to read the terms and conditions carefully to ensure you meet them and are eligible for this limited-time offer.
Looking to save and earn a bonus? The BMO Performance Plan offer and its chequing account will reward your efforts with up to $700, along with a 5.00% promotional rate on your Savings Amplifier Account, fee waivers when you maintain a minimum balance in your account, a discount on annual credit card fees, and up to 12 months of Walmart+ Delivery Pass membership.
This is one of the best offers on the Canadian market, but it is for a limited time. So now is the best time to take advantage of it, whether to save for your next travel project, renovations, or for any other reason.
To discover other banking offers, visit our page on the best account offers.
Savings are this way:
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