Plus, get a 5.00% promo interest rate** when you open a new
BMO AIR MILES Chequing Account and a new Savings Amplifier Account.
®†
Earn Miles on Everyday Purchases
AIR MILES
Chequing Account
Rack up rewards faster and enjoy truly unlimited banking transactions
*52
Features
Get Miles with ease Get 1 AIR MILES Reward Mile for every $30 spent using your BMO Debit Card*9. Get 25 Bonus Miles each month when you also have a BMO AIR MILES World Mastercard®* or BMO AIR MILES World Elite®* Mastercard.
Unlimited transactions*52 Transactions include Pre-Authorized Debits, debit card purchases, bill payments, transfers and withdrawals.
Unlimited Interac e-Transfer transactions*39 Pay back your friends and family easily by sending them an Interac e-Transfer transaction.
Fees
$17.95
Monthly fee
AIR MILES Chequing Account
Rack up rewards faster and enjoy truly unlimited banking transactions
Features
Get Miles with easeGet 1 AIR MILES Reward Mile for every $30 spent using your BMO Debit Card*9. Get 25 Bonus Miles each month when you also have a BMO AIR MILES World Mastercard®* or BMO AIR MILES World Elite®* Mastercard.
Unlimited transactions*52
Transactions include Pre-Authorized Debits, debit card purchases, bill payments, transfers and withdrawals.
Unlimited Interac e-Transfer transactions*39
Pay back your friends and family easily by sending them an Interac e-Transfer transaction.
®§
Fees
$17.95
Monthly fee
Here's how you can get up to a $700 cash bonus and 2,000 Bonus Miles!*
Chequing Account Offer
Savings Account Offer
2,000 AIR MILES Bonus Miles
Earn a $250 cash bonus when you open a new Savings Amplifier Account by March 3, 2025 and complete the following:
Earn a $450 cash bonus when you open a new AIR MILES Chequing Account by March 3, 2025, and complete at least two of the following by April 30, 2025:
Enjoy 1,500 Bonus Miles:
- Provide a valid AIR MILES Collector Number by March 31, 2025. If you are not currently an AIR MILES Collector, you can join the program by visiting airmiles.ca.
- Deposit a total $10,000 or more within the first 30 calendar days of opening the Savings Amplifier Account;
- After the initial 30-calendar day period from the Account open date, maintain a daily closing balance of $10,000 or more at all times for an additional 90 calendar days.
- Set up one recurring direct deposit; and/or
- Make two eligible online bill payments of at least $50 each to different payees; and/or
- Set up two eligible pre-authorized debits of at least $50 each from different payees.
You must qualify for the Chequing Account Offer to get 1,500 Bonus Miles.
Enjoy an additional 500 Bonus Miles:
- Make a qualifying purchase of $30 or more using your BMO Debit Card by March 3, 2025.
You must qualify for the Chequing Account Offer to qualify for the Savings Account Offer.
Plus, get a 5.00% promo interest rate** with a new Savings Amplifier Account.
*For complete offer details, please review the terms and conditions.
Track your savings progress with our Savings Amplifier Account
We guarantee up to a 5.00% promo interest rate on your Savings Amplifier Account for up to 120 days!†
5.00% bonus interest rate** on a Savings Amplifier Account when you add it to a new Performance, Premium or AIR MILES Chequing Account
Unlimited no fee self-serve transfers to your other BMO accountsMake transfers to your other BMO accounts any time, including mobile and online transfers, and ATM.*99
Earn money back when you save
Benefit from a competitive interest rate every time you save money.*12
No monthly fee or minimum deposit
Save money when you bank with no monthly fee and no minimum balance required.
Bank Account FAQs
If you meet the eligibility criteria, the chequing cash bonus and AIR MILES Bonus Miles will be credited to your account by May 30, 2025. The savings cash bonus will be credited by July 30, 2025.
Yes, this offer is available both in branch and online!
Yes! As long as neither of you have an existing chequing account with BMO or have closed an account between November 1, 2023 - March 3, 2025.
Yes, if you’re part of the following programs: Senior. All other discounted plans are excluded from this offer.
No, unfortunately if you already have a chequing account with us you are not eligible for this promotion. Please refer to the Terms and Conditions for more details.
If you closed your account between November 1, 2023 - March 3, 2025, you aren’t eligible for this promotion.
No, you’ll only earn a bonus on the first account that you open, assuming you meet the eligibility criteria.
Bill payments need to be done through online or mobile banking in order to be eligible for the bonus.
Bill payments must be of minimum $50 each in order to qualify for the offer.
No, each bill payment is required to be paid to a different biller account number. For example, if you are paying a cell phone bill it has to be paid to different accounts numbers to be counted as 2 different bill payments.
Bill payments to BMO Credit Cards through Online/Mobile Banking will be considered as an eligible payment as per campaign criteria. Transfers to BMO Credit Cards through Online/Mobile Banking will not qualify as a bill payment.
Pre-Authorized Payments must be of minimum $50 each in order to qualify for the offer.
No, the pre-authorized payments are required to be made to different billers to qualify for the cash bonus.
When opening a new AIR MILES, Performance or Premium Chequing Account, add a Savings Amplifier Account to earn the promotional interest rate on the new savings account. Please refer to the Terms and Conditions.
Yes, you need to open both a new AIR MILES, Performance or Premium Chequing Account and a Savings Amplifier Account to earn the bonus promo rate on the savings account. Please refer to the Terms and Conditions.
Yes, to qualify for the savings offer you also need to qualify for all the requirements of the chequing offer as well. Please refer to the Terms and Conditions.
Want to know more? That’s what we’re here for.
