BMO New Start Program 2026 Review

Monthly Fee
CA$0
Welcome Bonus
$900 cash bonus
Apply Now →on BMO's website
Transaction limit:Unlimited transactions for two years
Minimum Deposit:N/A

Interest Rate:

N/A

Welcome Bonus: $900 cash bonus

Offers a welcome bonus up to $900 cash.

Monthly Fee:

CA$0

Minimum Deposit:

N/A

Transaction Limits:

Unlimited transactions for two years

The BMO New Start Program is the best option for newcomers to Canada, providing two years of no monthly fees and free global money transfers. This program is designed specifically to help new residents establish their banking needs without the burden of fees, making it an invaluable resource for those starting fresh in a new country.

Pros:

  • No monthly fees for two years
  • Free global money transfers

Cons:

  • Limited to newcomers
  • No fixed interest rate
learn more about this bank account on BMO's website →

In summary, the BMO New Start Program is an excellent choice for newcomers to Canada, offering fee-free banking and a generous cash bonus to help ease the transition into a new financial landscape. With its tailored features, this program effectively supports individuals as they establish their banking needs without incurring unnecessary costs.

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