How to find the best chequing account for your lifestyle
Why settle for a generic chequing account when you can find one that fits your lifestyle?
Updated 
3 min. read
Whether you're a go-getter, basic banker, a planner, always-on-the-run, or a rewards guru we have an account that's tailored to you. Read on to find the best chequing account for your lifestyle.
The go-getter
I’m a busy person, I use my chequing account all the time and I’m too busy to keep track of every single transaction. I travel a lot within Canada and around the world. Even though I use a credit card I still like using cash and cheques every now and then. I work hard and have the savings to prove it, so I’m not worried about having to keep a higher minimum balance.
The best chequing account for you: You want it all and with the Premium Chequing Account you can have it all. You get unlimited transactions, unlimited*52 non-BMO ATM withdrawals worldwide*53, and even an annual fee rebate of up to $150 on an eligible BMO credit card10.
The planner
I don’t use my chequing account unless I need to, like when I’m paying bills or transferring cash to a friend. I’m organized and I plan ahead. I bring my lunch to work and stick to a budget, so I’m willing to keep track of my monthly transactions if it means saving some money.
The best chequing account for you: You’re a planner and a saver. Our Plus Chequing Account is perfect for you. It’s a low-fee account that still gives you 25 transactions*52. a month. We’ll even waive the monthly plan fee if you maintain a balance of at least $3,000*4.
The rewards guru
I’m always looking for perks like AIR MILES®†. I know all the best tricks and even have my own AIR MILES®†-maximizing strategy. I love watching the points add up and it feels great to be able to give myself a reward every once in a while. Usually I go with the cash back option, but I also set some AIR MILES®† aside to save up for airfare. I’m a mix of practical and aspirational.
Right now I use my credit card to collect AIR MILES®†, but I still make a lot of purchases with my debit card. I wish I could earn AIR MILES®† with my debit card as well – it feels like I’m missing out on so many points!
The best chequing account for you: It sounds like ourAIR MILES®† Chequing Account would be a great fit. It offers unlimited transactions*52. and rewards you for debit card purchases*9, so you can start racking up those miles (and start thinking about how you want to spend them).
The basic banker
I like to keep things simple. I’m not looking for anything fancy. I don’t make a lot of transactions and I’m okay paying a small monthly fee. I usually use my credit card, and when I do have to pay bills or take out cash I plan ahead of time so that I know I’m not going over my transaction limit.
The best chequing account for you: You’re a practical person and we have a plan to match. The Practical Chequing Account comes with a small $4.00 monthly fee and 12 transactions*52. per month. No bells. No whistles. Simple – just the way you like it.
The always-on-the-run
I’m a busy person and between groceries, paying bills, and sending e-Transfers I make a lot of transactions. I don’t have a lot of savings (yet) but I’m working on it!
The best chequing account for you: You need the flexibility of a lot of transactions, but you don’t have the savings to waive the monthly fee. For now you should consider the Plus Chequing Account. It comes with 25 free transactions*52 per month for a monthly fee of $11.95. If you think you’ll make more than 25 transactions per month then you might want to consider the Performance Chequing Account instead.
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- OnGuard®† is a registered trademark of Sigma Loyalty Group Inc.
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- ®*Mastercard, and World Elite are registered trademarks and the circles design is a trademark of Mastercard International Incorporated. Used under license
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- ®†/™† Trademarks of AM Royalties Limited Partnership used under license by LoyaltyOne, Co. and Bank of Montreal.