Built in Canada
BUILT IN CANADA
Our everyday chequing account for all your banking needs. Includes unlimited transactions and up to $40 credit card rebate.
Earn up to $800 cash + Walmart Delivery Pass! 1) Get $500: Open by June 1, 2026, and complete 2 of 3 tasks by July 31 (Direct Deposit of $500+, two $50+ bill payments, or two $50+ PADs). 2) Get $100: Maintain the $500+ direct deposit for 12 months. 3) Get $150: Open a Savings Amplifier, deposit $10k within 30 days, and maintain for 90 days. 4) Get $50: Create a Goal & Strategy in My Financial Progress.
Special Pricing: Students & Youth pay $0/mo. Newcomers pay $0/mo for 2 years. Seniors pay $13.95/mo. Indigenous customers pay $0/mo for 1 year. Canadian Defence Community members pay $0/mo. Newcomers get a small safety deposit box free for 12 months.
A specific interest rate is not currently listed for this product.
| Fee | Amount | Frequency or allowance | Additional use |
|---|---|---|---|
| Overdraft Protection FeeStandard Overdraft Protection is $5/month. | - | Unlimited | - |
Unlimited transactions & Interac e-Transfers.
1 free non-BMO ATM withdrawal in Canada per month.
BMO Family Bundle: Invite family members to open their own private accounts with no monthly fees. Includes shared ATM limits.
Eligible for CDIC Insurance.
No-fee Global Money Transfer transactions to up to 50 countries.
CDIC Insured: Eligible for CDIC Insurance.
Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with BMO Bank of Montreal before opening the account.
