0.00%
You can earn up to $900 in total cash bonuses by opening this account and completing qualifying actions.
CA$17.95
CA$4,000
Unlimited transactions
A key differentiator for the BMO Performance Chequing Account is its substantial welcome bonus of up to $900, which can significantly enhance the value of opening this account. While it does have a monthly fee, maintaining a minimum balance waives this cost, making it a viable option for those who can meet the requirement.
Pros:
- Unlimited transactions
- High welcome bonus
Cons:
- Monthly fee unless minimum balance is maintained
The BMO Performance Chequing Account is well-suited for individuals who can maintain the required minimum balance to waive the monthly fee, especially those looking to benefit from the attractive welcome bonus of up to $900. However, with a 0.00% interest rate, it may not be the best choice for those prioritizing high-yield savings.