BMO Performance Chequing Account for Newcomers

With the BMO Newcomers Performance Chequing Account, you can get up to $900 welcome bonus* and up to 12 months of a Walmart+ membership*:

• $700 for opening a BMO Performance or Premium Plan chequing account by August 6, 2026, setting up a recurring direct deposit of $500 or more by September 30, 2026, and completing eligible banking activities.
  • You must complete Step 1 to be eligible for Step 2.*
  • Complete one of the following by September 30, 2026*:
    • make two (2) bill payments of at least $50 to two (2) different payees through BMO Online Banking or the BMO Mobile Banking app;
    • set up two (2) automatic payments of at least $50 to two (2) different payees.
• $150 for opening a Savings Amplifier Account by August 6, 2026 with a deposit of $10,000 or more within 30 days of opening the account, and maintaining an eligible balance to receive the 4.65% promotional interest rate.
  • Maintain a daily closing balance of $10,000 or more for 120 calendar days from the deposit date to receive the promotional interest rate of 4.65% on balances up to $1,000,000;
  • After the initial 120-day promotional period, continue to maintain a daily closing balance of $10,000 or more for an additional 90 calendar days to be eligible for the $150 cash bonus.
• An additional $50 by creating a goal and applying a strategy in My Financial Progress by September 30, 2026.
• You must complete Step 1 to be eligible for Step 3.*
• Up to 12 months of Walmart+* when you open and fund an eligible BMO account and use your debit card as the payment method on Walmart.ca.
  • Open and fund a new BMO Performance, Premium, Practical, or Plus chequing account by August 6, 2026.
  • Subscribe or update your existing Walmart+ membership by September 30, 2026, and select the debit card as the payment method.

Also enjoy a promotional interest rate of 4.65% with a BMO Savings Amplifier Account*.

Plus, enjoy:

• Unlimited everyday banking transactions*
• Up to $40 rebate* on eligible BMO credit cards
• Send BMO Global Money Transfer with no fee*: send funds quickly and securely in multiple currencies to nearly 50 destinations.