BMO Performance Chequing Account for Newcomers

Offer

Newcomers get up to a $800* cash bonus, plus a Walmart Delivery Pass subscription for up to 12 months*. Also, no monthly plan fees for 2 years*.

Earn up to $800 and a Walmart Delivery Pass Subscription for up to 12 months* when you meet the qualifying criteria.
Save $430 with no monthly plan fees for two years*
Get $60 cash bonus with rental of a safety deposit box*
Send BMO Global Money Transfers with no-fee
No monthly plan fees for two years*
Unlimited transactions*
Family members in your household get no fee daily banking with the BMO Family Bundle*
Up to $40 rebate for eligible BMO credit cards
OnGuard®† Identity Theft Protection at no charge

Fees

Account Name BMO Performance Chequing Account for Newcomers

Public Newcomers

Special Offer Up to $800* cash

Monthly Fee $17.95

Monthly Fee Waiver (Details) No monthly plan fees for two years*

Unlimited Transactions

eStatement

Credit Card Rebate $40

Our review

With the BMO Performance Chequing Account for Newcomers, you can get up to an $800 welcome bonus and up to 12 months of Walmart Delivery Pass Subscription:

$500 for opening a Performance Account with a deposit before June 1, 2026
$150 for opening a Savings Amplifier Account before June 1, 2026 + a deposit of $10,000 or more within the first 30 days of account opening, and maintaining that balance for 90 days
$100 for a direct deposit into a Chequing Account
An additional $50 by accessing My Financial Progress and completing eligible activities before July 31, 2026

Get a promotional interest rate when you add a Savings Amplifier Account*

Plus, enjoy:

Unlimited number of everyday banking transactions*
Up to $40 rebate for eligible BMO credit card
No-Fee BMO Global Money Transfers: Send funds quickly and securely to nearly 70 destinations in multiple currencies.