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 $1,275.
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 card from Finder Become a Finder member, then open a new BMO Performance Chequing Account through Finder as a first-time customer and keep it open until January 29, 2027. Offer ends November 30, 2026.
Earn up to $1,100. Earn up to a $1,100 cash bonus with the BMO Performance Chequing Account. Plus, get a Walmart+ membership for up to 12 months. Valid until March 1, 2027.
Earn up to $1,100. Earn up to a $1,100 cash bonus with the BMO Premium Plan Chequing Account. Plus, get a Walmart+ membership for up to 12 months. Valid until March 1, 2027.
Earn up to a $1,100 welcome bonus and get a a Walmart+ membership for up to 12 months. Valid until March 1, 2027. Plus, pay no monthly plan fees for 2 years.
Get a welcome bonus of up to $150. Earn up to a 5.00% promo interest rate when you open a new Practical Chequing Account and Savings Amplifier Account. Valid until March 1, 2027.
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 $1,100 opening bonus with the chequing account. Valid until November 30, 2026
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: | $25 |
| BMO offer value: | $1,100 |
| Total stackable offer value: | $1,300 |
You’ll have to complete several steps by certain deadlines to qualify for the current BMO promotion. Earn up to $1,100
Earn $800 when you open and fund a new BMO Performance Chequing Account by March 1, 2027 and complete the qualifying tasks by April 30, 2027.
The qualifying tasks are firstly to set up a recurring direct deposit of at least $500, then complete one of the following: 1) make two bill payments of $50 or more to two different payees through online or mobile banking, or 2) set up two pre-authorized debits of $50 or more from two different payees.
You can then earn an additional $200 when you open a Savings Amplifier Account within 30 days, deposit a total of $10,000 or more for a total of 210 days (120 days to access the promo interest rate + an additional 90 days).
You’ll then earn another $100 when you open and fund eligible Chequing and Savings accounts and apply and are approved for an Eligible Credit Card within 30 days of opening your BMO Performance Chequing Account. Plus, pay no annual fee in your first year. T&Cs apply.
Plus, get a Walmart+ membership for up to 12 months when you open and fund a new BMO Performance Chequing Account by March 1, 2027, and sign up for or update your existing Walmart+ membership by April 30, 2027 by selecting Debit Mastercard as the payment option for the monthly transaction fee.
*Terms apply.
In order to qualify for the BMO Savings Amplifier Account promotion, you'll need to meet some requirements.
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 $100 from Finder Become a Finder member, then open a new Scotiabank Preferred Package online through Finder as a first-time customer to get a $100 digital Visa card from Finder + earn up to $1,000 in welcome bonuses from Scotiabank. Keep the account open until January 15th, 2027. Offer ends November 30, 2026.
Earn up to $1,000 when you bundle a Preferred Package, savings account, and credit card. Valid until March 4, 2027.
KOHO Core Plan
New KOHO Core users can get $40 when they sign up with promo code FINDER4026. T&Cs apply.
Earn up to $350. Earn up to a $350 cash bonus with the Coast Capital Free Chequing, Free Debit, and More Account.
Earn up to $600. Earn up to a $600 cash bonus with the Coast Capital Elevate Chequing Account
Earn up to a $600 cash bonus when you open and use a Coast Capital Unlimited Chequing Account. Offer expires November 30, 2026.
Open an RBC Signature No Limit Banking Account and get up to $600. T&Cs apply. Valid until March 1, 2027
Open an RBC VIP Banking Account and get up to $600. T&Cs apply. Valid until March 1, 2027
Earn $350 when you become a new client and set up a direct deposit of at least $100 for 4 straight months. Offer ends January 31, 2027.
Simplii High Interest Savings Account
Earn 5.00% interest for 5 months on up to $100,000 in savings. Terms apply. Offer ends January 31, 2027.
Earn 3.00% interest on your money with qualifying direct deposits of $2,000/month, and 1.50% otherwise.
Earn up to $850 when you open a CIBC Smart Account with an eligible credit card and complete two qualifying tasks.
TD Growth Savings Account
Earn a 4% bonus interest rate for 90 days when you open a new TD Growth Savings Account and make a new deposit. Valid until January 29, 2027.
Earn up to $250. Earn up to $250 when you open a No-Fee Daily Chequing Account and move your pay. Valid until April 30, 2027.
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 $850 when you open a TD Unlimited Chequing Account. T&Cs apply. Offer ends March 3, 2027
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.
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