BMO Blue Rewards Chequing Account (Blue Rewards Plan)

BMOChequing

BMO · Chequing

$17.95 a month with unlimited transactions.

Monthly fee$17.95
Transactions includedUnlimited
Interest rateNone published
Deposit insuranceInsured

Fees and rates verified 2026-08-19Published fee scheduleWe earn nothing from any institution hereHow we research

What it costs

Monthly fee
$17.95
How the waiver works
No minimum-balance waiver; the fee is always charged. $13.95/month for seniors 60 and older. Holding $4,000 or more earns bonus Blue Points rather than a fee waiver.
NSF fee
$10.00
Overdraft protection, monthly
$5.00

What is included

Transactions each month
Unlimited transactions
Interac e-Transfers
Included with no separate fee
ATM network
BMO, Interac
ATM outside the network
$2.00

Who can open it

Senior discount
$4.00 a month

Current offer

What it requires
Bonus Blue Points when you open a new Blue Rewards Chequing Account and a Savings Amplifier Account; BMO does not publish a dollar value or deadline on the account page

Deposit protection

Insured by
CDIC

Where these figures come from

Figures checked on
August 19, 2026
Source page
www.bmo.com

Notes

New plan tied to BMO's Blue Rewards loyalty program (launched June 2026): unlimited transactions but, unusually, no minimum-balance fee waiver.

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Where this came from. Every figure on this page is taken from the institution’s own page or its published fee schedule, never from another comparison site, and a field is left blank rather than guessed at. Rates and fees change without notice, so confirm with the institution before opening anything. We receive no payment from any institution listed here.