Chequing Account CAD CDIC Insured
BMO Bank of Montreal

BMO Plus Chequing Account

A flexible, budget-friendly account with 25 transactions per month and unlimited no-fee public transit debits.

Interest rate Not listed
Monthly fee $12.95/mo
Transactions 25/month
Minimum deposit $0
CURRENT OFFERS

Promotions and account value

Welcome offer $100 value

Get a $100 cash bonus.

Additional promotion

Special Pricing: Seniors pay $8.95/mo. Newcomers get no-fee BMO Global Money Transfers.

EARNINGS

Rates and interest details

A specific interest rate is not currently listed for this product.

COSTS

Fees and account limits

Monthly fee$12.95/mo
Fee-waiver balance$3,000
Minimum deposit$0
Maximum depositNot listed
Included transactions25/month
Bundled productNot specified

Detailed fee schedule

FeeAmountFrequency or allowanceAdditional use
Overdraft Protection FeeStandard Overdraft Protection is $5/month. - Unlimited -
ACCOUNT EXPERIENCE

Features and benefits

Free Interac e-Transfers

25 transactions included (including Interac e-Transfers).

Online and Mobile Banking

Unlimited no-fee debits for participating public transit authorities.

CDIC Insured

Eligible for CDIC Insurance.

WHO CAN APPLY

Eligibility and access

Minimum ageNot specified
AvailabilityAvailable nationally
Mobile appYes
Online bankingYes
Branch accessNot specified

CDIC Insured: Eligible for CDIC Insurance.

Seniors Newcomers
COVERAGE

Registration, networks and availability

Registration options

  • NONREGNon-Registered
IMPORTANT INFORMATION

Terms and disclosures

Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with BMO Bank of Montreal before opening the account.

Product information last reviewed or updated Apr 22, 2026.