We’ve rounded up the latest and best BMO offers, so you can compare promotions and find the best deal for you, whether that’s from BMO or a different financial institution. Right now, BMO is offering one of the highest cash bonus incentives in Canada— up to $1,075.
Historically, we’ve seen BMO new account offers worth hundreds of dollars in cash bonuses and promotional savings account interest rates. Check out the list below of current BMO offers available now, and compare with other Canadian bank offerings.
We’ve gathered the latest BMO promotions available now so you can easily browse through current BMO account offers and compare deals.
Finder exclusive: Get a $175 digital Visa gift card from Finder. Become a Finder Member and open a BMO Performance Chequing Account through Finder.
Earn up to $900. Earn up to an $900 cash bonus with the BMO Performance Chequing Account. Plus, get a Walmart+ membership for up to 12 months. Valid until August 6, 2026.
Earn up to $900. Earn up to an $900 cash bonus with the BMO Premium Plan Chequing Account. Plus, get a Walmart+ membership for up to 12 months. Valid until August 6, 2026.
Earn up to a $900 welcome bonus and get a a Walmart+ membership for up to 12 months. Valid until August 6, 2026. Plus, pay no monthly plan fees for 2 years.
Get a welcome bonus of up to $150. Valid until August 6, 2026. Earn up to a 5.00% promo interest rate when you open a new Practical Chequing Account and Savings Amplifier Account. Valid until August 31, 2026.
BMO Savings Amplifier Account
Earn 5% interest when you open both a BMO Savings Amplifier Account and a BMO Performance, Premium, Plus or Practical Chequing Account. Plus, earn up to a $900 opening bonus with the chequing account. Valid until August 31, 2026
Get up to $10,000 + 150 free trades. Offer ends August 31, 2026.
Up to 1% cashback (max $10,000) in transfer rebates when transferring your funds to BMO InvestorLine Self-Directed.
Follow these steps to not only get the BMO promotional offer, but also get the exclusive Finder reward bonus when opening the BMO Performance Chequing Account:
You can also ladder the Finder reward with the standard BMO promotional offer to maximize the bonus. Here's how to get the best BMO promotion using a simple bonus stacking strategy with our exclusive reward:
| Finder exclusive reward: | $175 |
| Finder refer a friend BMO bonus: | $75 |
| BMO offer value: | $900 |
| Total stackable offer value: | $1,150 |
You’ll have to complete several steps by certain deadlines to qualify for the current BMO promotion. Earn up to $900
Earn $700 when you open and fund a new BMO Performance Chequing Account by August 6, 2026 and complete two qualifying tasks by September 30, 2026.
Earn $150 when you open a Savings Amplifier Account, deposit a total of $10,000 or more, and maintain a daily closing balance of $10,000 or more for 7 months.
Earn $50 when you create one Goal and apply one Strategy in the My Financial Progress Plan by September 30, 2026.
Plus, get a Walmart+ membership for up to 12 months when you open and fund a new BMO Chequing Account by August 6, 2026, and sign up for or update your existing Walmart+ membership by September 30, 2026 by selecting Debit Mastercard as the payment option for the monthly transaction fee.
*Terms apply.
BMO offers a newcomers banking package, the NewStart Program, where immigrants can get access to a wide range of perks to help get their finances set up.
This program offers savings valued at more than $2,100 on a chequing account, credit card, mortgage, investment opportunities and more.
It can definitely be worth switching to BMO to take advantage of a sign-up bonus, but it’s important to consider more than the bank offer to ensure that the bank also aligns with your financial goals. As far as banks in Canada go, BMO (Bank of Montreal) is a very solid option—it’s the third-largest bank in Canada by market capitalization and the eighth-largest bank in North America.
BMO offers a solid range of banking options, including chequing accounts, savings accounts, credit cards, mortgages, loans, GICs, stock trading and insurance options. That means that as your financial situation grows and evolves over time, BMO will likely have the products and services required to grow with you.
And while BMO consistently offers some of the most competitive new account offers in Canada as a way to incentivize potential customers to sign up for one of its accounts or credit cards, remember that opting for a BMO offer could put you on the hook for monthly or annual account fee costs that can quickly build up and end up costing you more than you earned from that initial bonus.
So carefully weigh any account fees and the account’s features before signing up with BMO to ensure it aligns with your financial plans in the long run.
If you don’t see yourself taking advantage of the types of benefits that come with an account that charges a monthly fee, you may be better off with a simpler chequing account from one of Canada’s digital banks—like Simplii, Tangerine or EQ Bank—which offer no-fee accounts with unlimited monthly transactions.
Although BMO offers competitive bonus promotions, other Big Banks, digital banks and credit unions are offering competitive promotions right now too. Here are some other bank promo options you can compare with BMO new account offers:
Finder exclusive: Get a $100 digital Visa gift card from Finder. Become a Finder Member and open a Scotiabank Preferred Package through Finder.
Earn up to $1,000 when you bundle a Preferred Package, savings account, and credit card. Valid until October 29, 2026.
Open a RBC Signature No Limit Banking Account and get the new Apple iPad (value of $499). T&Cs apply. Valid until November 2, 2026.
Open a RBC VIP Banking Account and get the new Apple iPad (value of $499). T&Cs apply. Valid until November 2, 2026.
Earn $300 and a $50 Skip gift card when you become a new client and set up a direct deposit of at least $100 for 3 months. Offer ends September 30, 2026.
Simplii High Interest Savings Account
Earn 4.60% interest for 5 months on up to $200,000 in savings. Terms Apply. Offer ends October 31, 2026.
Earn 2.75% interest on your money with qualifying direct deposits of $2,000/month, and 1.00% otherwise.
Get up to $850 when you open a CIBC Smart Account and complete qualifying actions.
Apply to win $2,500. Open a No-Fee Bank Account and you'll be entered to win. Valid until September 30, 2026.
Earn up to $250. Earn up to $250 when you open a No-Fee Daily Chequing Account and move your pay. Valid until October 31, 2026.
Tangerine Savings Account
Open a Tangerine Savings Account to earn 4.50% for the first 5 months (on up to $1,000,000 in deposits) when you sign up by November 30, 2026. Thereafter, you'll earn 0.30%.
Get up to $750 when you open a TD Unlimited Chequing Account. T&Cs apply. Offer ends October 1, 2026.
You can explore more options from the Big Five banks, digital banks, credit unions and prepaid cards in our full guide to the best bank promotions in Canada.
Yes, according to the Finder: Consumer Sentiment Survey March 2026, Canadians are deal hunters when it comes to banking and comparing promotional offers like BMO’s. Almost two-thirds (65.45%) consider a bank’s promotional offer when choosing a new account, with half of Canadians (49.19%) saying that sign-up bonuses play a role in their decision to open an account.
Explore key banking statistics and figures from the Finder: Consumer Sentiment Survey January 2025.
Compare the features of 8 of the best no-fee chequing accounts in Canada, and find out how to avoid transaction fees.
Earn cash, rewards points, bonus interest rates and more with these new bank account offers and promotions.
Learn about the different types of bank accounts for your teenager and how to choose the right one.
Compare chequing accounts and learn about our top picks. Compare different features and see which one is right for you.
Compare and open a bank account online in Canada in as little as 5 minutes. Learn what you need to apply and how to get started today.
Explore all the latest TD promotions and offers available now.
Explore Coast Capital’s accounts, rates, fees and features. Plus, learn how it compares to other banking options in Canada.
Explore all the latest Scotiabank promotions and offers available now.
Mismanaging your finances can result in costly bank penalty fees. This handy guide lists the most common t and shows you how to avoid them.
Earn cash, rewards points, bonus interest rates and more with these new bank account offers and promotions.
Read Finder’s BoC Interest Rate Report for forecasts from some of Canada’s brightest minds in economics and learn more about how recent rate increases could affect Canada’s real estate market.
Find out which accounts are insured up to the $100,000 limit and how your money is protected.
Choosing the best bank account for you starts with knowing your financial needs and how you intend to use the account.
Compare and open a bank account online in Canada in as little as 5 minutes. Learn what you need to apply and how to get started today.