BMOChequing
BMO · Chequing
$17.95 a month with unlimited transactions, waived if you keep $4,000 in the account.
Monthly fee$17.95Waived at $4,000
Transactions includedUnlimited
Interest rateNone published
Welcome offer$700
Fees and rates verified 2026-08-19Published fee scheduleWe earn nothing from any institution hereHow we research
What it costs
- Monthly fee
- $17.95
- Fee waived with a balance of
- $4,000
- How the waiver works
- $0 with a $4,000 minimum daily balance in the lead Primary Chequing Account; $13.95/month for seniors 60+; $0.00 for students (with proof of registration), teens 13-18 and kids 12 and under
- 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
- Free for youth
- Yes
- Free for students
- Yes
- Senior discount
- $4.00 a month
Current offer
- Welcome bonus
- $700
- What it requires
- $700 cash plus a Walmart+ membership for up to 12 months: open a new account between August 7, 2026 and November 2, 2026 with a valid email, make any deposit by November 2, 2026, set up one recurring direct deposit of $500 or more appearing by December 31, 2026, and complete two bill payments of $50+ or two pre-authorized debits of $50+ by December 31, 2026. New customers only; account must stay open through November 2, 2027.
Deposit protection
- Insured by
- CDIC
Where these figures come from
- Figures checked on
- August 19, 2026
- Source page
- www.bmo.com
- Fees and terms
- Published fee schedule
Notes
Unlimited transactions plus one free non-BMO ATM withdrawal in Canada per month; free for students, teens and kids.
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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.