Interest Rate
0.010%
Monthly Fee
CA$30.95
Welcome Bonus
$800 cash bonus
Apply Now →on BMO's website
Transaction limit:Unlimited transactions
Minimum Deposit:CA$6,000
Interest Rate:
0.010%
Welcome Bonus: $800 cash bonus
Open a new account and get up to $800 in cash.
Monthly Fee:
CA$30.95
Minimum Deposit:
CA$6,000
Transaction Limits:
Unlimited transactions
This account offers a significant welcome bonus of up to $800, making it an attractive choice for new customers. However, the high monthly fee and minimum balance requirement may limit its accessibility for some users.
Pros:
- Unlimited transactions
- High welcome bonus
Cons:
- High monthly fee
The BMO Premium Chequing Account is ideal for those who can meet the monthly fee and balance requirements, particularly benefiting new customers with its generous welcome bonus. However, potential users should weigh the costs against their banking needs to determine if this account aligns with their financial goals.