Kids Bank Accounts (Children 12 and under)
Introduce your kids to banking with a bank account of their own. Our BMO Kids Discounted Bank Plans allow your child to hold as many individual or joint chequing and savings accounts as they need1, for one monthly bank fee. Our Kids Discounted Bank Plans feature a discount of $9.95 per month1 on your child’s monthly bank fee–that’s a savings of up to $119.40 per year. And if you choose the Plus Plan, there’s no monthly fee21 on your kid’s bank accounts.