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

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BMO Performance Chequing Account
Up to $700 in welcome bonus*
Apply Now
Updated Apr 9, 2025

Offer

  • Get 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.
    • Get a $200 cash bonus when you open a Savings Amplifier Account and make a deposit a total of $10,000 or more by July 2, 2025, and maintain a daily closing balance at all times for an additional 90 calendar days.
    • 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 4.75% 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

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 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, and maintaining this balance for 90 days.
  • $50 to invite a family member to open a chequing account before July 2, 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

Alternative Cards