Monthly Fee
$18/mo
Fee Waiver: $4,000 · No monthly plan fees with a minimum balance of $4,000
Promo Rate
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Regular Rate
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1st Year Value
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✓
Pros
- ✓Fee waived with $4,000 minimum balance
- ✓Unlimited transactions
- ✓E-statements available
✗
Cons
- ✗Monthly fee of $17.95
Current Promotion
With the BMO Performance Chequing Account, you can get up to $900 in cash* and up to 12 months of Walmart Delivery Pass subscription*:
- $700 for opening a BMO Performance or Premium 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.
- $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 promotional interest rate of 4.65%.
- An additional $50 by creating a goal and applying a strategy in My Financial Progress by September 30, 2026.
- Up to 12 months of Walmart Delivery Pass subscription when you open and fund an eligible BMO account and use your debit card as the payment method.
Also enjoy a promotional interest rate of 4.75% with a BMO Savings Amplifier Account.
Other Benefits:
- Unlimited banking transactions*
- Family members in your household get no fee daily banking with the BMO Family Bundle*
- Up to $40 rebate for eligible BMO credit cards*
- OnGuard®† Identity Theft Protection at no charge*
All for $17.95 a month, or free if you maintain a minimum balance of $4,000*.
Account Features
- E-StatementIncluded
- Unlimited TransactionsIncluded
Special Offer
Up to $900 cash bonus*
Related Accounts
Conditions apply. All information is believed accurate but not guaranteed. Account details, rates, and offers are subject to change at any time. Always verify the latest terms on the institution's website. Ratesopedia may receive compensation through affiliate links. This does not affect our editorial choices or rankings. © 2026 BMO. All trademarks are property of their respective owners.