BMO Premium Chequing Account

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.
- 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 4.75% 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 $700 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 $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 Builder 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.

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

In addition, you 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.