BMO BMO: Get Up to $300.00 When You Open a New Chequing Account Get Up to $300 with a New Chequing Account!
get this dealthis offer is expired
Head to BMO and treat yourself to a bonus, because you can earn up to a $300.00 in cash bonus when you open a new BMO chequing account!
This offer is only available to new or eligible customers and there are three chequing account plans eligible for a cash bonus.
- BMO Performance Plan -- $100.00 cash bonus
- BMO Plus Plan -- $100.00 cash bonus
- BMO Premium Plan -- $300.00 cash bonus
After opening an account online or at a BMO branch, there are two additional steps required to qualify for the cash bonus:
- Make a deposit of any amount into the account before April 30, 2019
- Set up a recurring direct deposit and have at least one direct deposit transaction to the account before by May 30, 2019
Once complete, your eligible cash bonus will be deposited into your account by July 19, 2019.
This offer is available until April 30, 2019 to new or eligible customers -- click here to read the complete terms and conditions of this offer.
Showing 40 Most Recent Comments
View allClosing the account
Correct if I am wrong, do I close the account and at that time withdraw the remaining proceeds via Cheque or Electronic Transfers?
I want to avoid any $30 monthly charge for falling under minimum.
It'll be great, if so.
Thanks
based on the first 2 bullets in the t&c:
"
Exclusions:
• Customers who have an existing Canadian or U.S. Dollar Primary Chequing Account, Canadian or U.S. Dollar Interest Chequing Account, BMO Sobeys AIR MILES®† Chequing Account, BMO Club Sobeys Chequing Account, BMO IGA AIR MILES Chequing Account (each an “Existing Account”) are not eligible for the Chequing Account Offer.
• Customers who closed their Existing Account between January 1, 2018 – April 30, 2019, and subsequently open a new Chequing Account are not eligible for the Chequing Account Offer.
"
it seems to exclude anyone with existing chqing account with them ...
impe, i could no longer login as soon as my chqing account was closed ... so download all estatements before closing ...
I’m also curious if all the estatements will be removed from online banking if the account is closed.
Any info/advice is much appreciated.
On the terms, it says, I just need direct deposit setup and one deposit should occur before end of May.
I already setup my payroll to be deposited there in two weeks and I thought that's enough. But the teller at BMO was insisting I also need another pre-authorized payments coming out of the account like bills. I didn't see this on the terms. Did I misunderstand it or the rep was bullshitting me?
Anyone else know where I can sign up for an account and get paid without keeping the account open for an extremely long time? Simplii won’t do it because I’m trying to deposit WCB benefits in. Don’t want Tangerine because might not last three months..
This solves it as i get 300$ + free credit card + a good premium account.
Only question is what is accepted as a recurring direct deposit... Any ideas?
Also, if you can get the World Elite mastercard, that's added value.
If you don't have the $6,000, then I won't recommend.
To me 3% annual on 6000$ is 180$...
I think it's a good deal !
so i think i might go for it ... i am just curious ... i will park $6k to get the $30 waived ... does this $6k earn 3.25% for the first 90 days?
You have to lock up $6000 for 15 months or 1.25 years. So $6000 at 4% = $240 x 1.25 = $300.00 which means you are actually making 4% on your money which is better than a typical Tfsa GIC but they don't require a direct deposit and the difference is less than 1% bonus (I see a few banks and investment companies paying over 3% on TFSA GICS)