BMO Premium Chequing Account

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 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 welcome bonus + $50 Walmart eGift card*

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 bonuses and a $50 Walmart digital gift card:

$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.

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.