BMO · Chequing
$12.95 a month with 25 transactions included, waived if you keep $3,000 in the account.
Fees and rates verified 2026-08-19Published fee scheduleWe earn nothing from any institution hereHow we research
What it costs
- Monthly fee
- $12.95
- Fee waived with a balance of
- $3,000
- How the waiver works
- $0 with a $3,000 minimum daily balance in the lead Primary Chequing Account; $8.95/month for seniors 60 and older
- Each transaction over the limit
- $1.25
- NSF fee
- $10.00
- Overdraft protection, monthly
- $5.00
What is included
- Transactions each month
- 25 transactions a month
- 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
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
25 transactions with a $3,000 balance waiver; the only mid-tier BMO plan excluded from the current summer cash offer.
Where the institution contradicts itself
The Plus account page displays a site-wide banner reading '$900 cash & Walmart+ membership for up to 12 months', but the BMO 2026 Summer Everyday Banking Offer terms and conditions explicitly exclude the Plus Plan from the cash bonus. Recorded welcome_bonus_value as null.
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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.