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HomePersonal BankingWealth ManagementSmall BusinessCommercialCorporate & InstitutionalAbout BMO

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 need for one monthly plan fee.1

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 year. Choose the Plus Plan, and there's no monthly fee on your bank accounts.20

Make student life more affordable

Get a free SPC®‡ Card (Student Price Card), good for discounts and deals at hundreds of Canadian retailers, when you open any BMO Teen Discounted Bank Plan.

Book your own appointment. Get Started.
Smart Saver Account
Premium Rate Savings Account