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BMO Banking Offers

Best BMO promotions and account offers

Chequing accounts

  • BMO Performance Chequing Account: Get up to a $600 cash bonus. Earn $350 when you open a new BMO Performance Chequing Account and $200 when you open a Savings Amplifier Account. Plus, earn an additional $50 when you add a second member and make it a BMO Family Bundle. Valid until July 2, 2024. Plus, earn a 5.50% promo interest rate when you open a Performance Chequing and a Savings Amplifier Account.
  • BMO Premium Plan Chequing Account: Get up to a $600 cash bonus. Earn $350 when you open a new BMO Premium Plan Chequing Account and $200 when you open a Savings Amplifier Account. Plus, earn an additional $50 when you add a second member and make it a BMO Family Bundle. Valid until July 2, 2024. Plus, earn a 5.50% bonus interest rate when you add a Savings Amplifier Account.
  • BMO New to Canada Performance Chequing Account: Get up to a $600 cash bonus. Earn $350 when you open a new BMO New to Canada Performance Chequing Account and $200 when you open a Savings Amplifier Account. Plus, earn an additional $50 when you add a second member and make it a BMO Family Bundle. Valid until February 29, 2024. Plus, earn a 5.50% promo interest rate when you open a Performance Chequing and a Savings Amplifier Account.
  • BMO Performance Student Chequing Account: Earn a $100 cash bonus and enjoy six months of Domino’s Pizza (worth $95, one pizza per month) when you open a new BMO Student Chequing Account. Valid until April 30, 2024.

Credit cards

  • BMO Ascend World Elite Mastercard: Get up to 90,000 points and get the $150 annual fee waived in the first year.
  • BMO CashBack Mastercard: Get 5% cash back on all eligible purchases in the first three months (up to a maximum spend of $2,500).
  • BMO eclipse Visa Infinite: Get up to 60,000 points (worth $400 in travel rewards), a $50 lifestyle credit and the $120 annual fee waived in the first year. That's a total value of $570 in your first year.
  • BMO Preferred Rate Mastercard: Get a rate of 0.99% on balance transfers for 9 months with a 2% transfer fee. Plus, get the $29 annual fee waived in the first year.

BMO promotions

BMO Performance Chequing Account

Get up to a $600 cash bonus. Earn $350 when you open a new BMO Performance Chequing Account and $200 when you open a Savings Amplifier Account. Plus, earn an additional $50 when you add a second member and make it a BMO Family Bundle. Valid until July 2, 2024. Plus, earn a 5.50% promo interest rate when you open a Performance Chequing and a Savings Amplifier Account.

BMO CashBack Mastercard

Get 5% cash back on all eligible purchases in the first three months (up to a maximum spend of $2,500).

BMO Mortgages

Get up to $4,000 cash back with a new BMO fixed or variable rate closed term mortgage or Homeowner ReadiLine. Ends June 30, 2024.

BMO Performance Student Chequing Account

Earn a $100 cash bonus and enjoy six months of Domino’s Pizza (worth $95, one pizza per month) when you open a new BMO Student Chequing Account. Valid until April 30, 2024.

BMO Preferred Rate Mastercard

Get a rate of 0.99% on balance transfers for 9 months with a 2% transfer fee. Plus, get the $29 annual fee waived in the first year.

BMO New to Canada Performance Chequing Account

Get up to a $600 cash bonus. Earn $350 when you open a new BMO New to Canada Performance Chequing Account and $200 when you open a Savings Amplifier Account. Plus, earn an additional $50 when you add a second member and make it a BMO Family Bundle. Valid until February 29, 2024. Plus, earn a 5.50% promo interest rate when you open a Performance Chequing and a Savings Amplifier Account.

BMO Ascend World Elite Mastercard

Get up to 90,000 points and get the $150 annual fee waived in the first year.

BMO Premium Plan Chequing Account

Get up to a $600 cash bonus. Earn $350 when you open a new BMO Premium Plan Chequing Account and $200 when you open a Savings Amplifier Account. Plus, earn an additional $50 when you add a second member and make it a BMO Family Bundle. Valid until July 2, 2024. Plus, earn a 5.50% bonus interest rate when you add a Savings Amplifier Account.

About BMO

BMO, or the Bank of Montreal, is the third-largest bank in Canada by market capitalization and the eighth-largest bank in North America. BMO offers a wide range of banking and investment services including bank accounts, credit cards, mortgages, loans, GICs, stock trading and insurance options. In addition to being one of the Big Five banks in Canada, BMO is well-known for its good customer service.

Pros and cons of BMO

Pros

  • Enticing welcome offers
  • In-person and online banking available
  • Student and newcomer banking options
  • Plenty of banking, borrowing and investment options available
  • Renowned customer service
  • Air Miles products available
  • Access international banking locations

Cons

  • Some chequing accounts charge monthly fees and have transaction limitations
  • Savings accounts have maximum transfer limitations
  • Interest rates are not as competitive when compared to digital banks

BMO promotional offer frequently asked questions

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