BMO Performance Chequing Account

Special Offer
Up to $700 welcome bonus + $50 Walmart eGift card*
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 welcome bonus + $50 Walmart eGift card*
Apply Now
Updated Jun 6, 2025

Offer

Earn up to a $700 cash bonus plus a $50 Walmart Canada eGift Card*

  • Open a New Chequing Account & Savings Account plus invite a family member to open an account.
  • Earn $500 when you open a new BMO Performance or Premium Plan Chequing Account and make a deposit of any amount by September 30, 2025. Complete two of the following by November 28, 2025:
    • Set up a recurring direct deposit of at least $500; and/or
    • Make two eligible online bill payments of at least $50 to different billers; and/or
    • Set up two eligible pre-authorized debits of at least $50 to different billers.
  • Earn a $50 Walmart Canada eGift card when you open a Savings Amplifier Account by September 30, 2025, and deposit any amount by October 31, 2025.
  • Earn $150 when you open a Savings Amplifier Account by September 30, 2025, deposit a total of $10,000 or more within the first 30 calendar days of opening the Account, and maintain this balance at all times for an additional 90 calendar days.
  • Earn an extra $50 when you invite a family member as part of a BMO Family Bundle and have them open their account by September 30, 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 welcome bonus + $50 Walmart eGift card*
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 bonuses and a $50 digital gift card at Walmart:

  • $500 for opening a Performance or Premium account with a deposit before September 30, 2025.
  • $50 Walmart eGift card for opening a Savings Amplifier Account before September 30 with a deposit before October 31, 2025.
  • $150 for the opening of a Savings Amplifier Account before September 30, 2025 + a deposit of $10,000 or more within the first 30 days of account opening, and maintain this balance for 90 days.
  • $50 to invite a family member to open an account before September 30, 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