Teens Bank Accounts (Youths 13 to 18)

As a teenager, you want to manage your own money and have your own bank account. We have the solution—BMO Teen Discounted Bank Plans. Hold as many individual or joint chequing and savings accounts as you need¹ for one monthly fee. Our Teen Discounted Bank Plans feature a discount of $9.95 per month on your monthly bank fee–that's a savings of up to $119.40 per year¹ . Choose the Plus Plan, and there's no monthly fee²¹ on your bank accounts.