The BMO Family Bundle
Get up to $1,400§ in value with us.
This includes up to a $700 cash bonus footnote star, a $50 Walmart Canada eGift card footnote star, and a promo interest rate** when you open a chequing and a Savings Amplifier Account.
Find out how
Add an account, subtract the fees
Saving money as a family has never been easier.
Open an eligible account
Choose a Plan and open your first account to get started. This is the only account that'll have a monthly fee.
Invite a family member
Invite your family members to open an account within your Plan and they’ll enjoy no-fee daily banking. After all, sharing is caring. Just make sure that they’re new BMO customers.
Have your family member complete account opening
We do our best to open all accounts online, but you or your family member may be asked to visit a branch to verify your identity.
Benefits for the entire family
Save money on bank fees: Since your family members won’t need to pay a monthly fee, the BMO Family Bundle is a great way to save.- Unlimited no-fee daily banking*90: You and your family can enjoy unlimited, no-fee transactions, including INTERAC e-Transfer® footnote section transactions.
- Private accounts: Everyone’s accounts are kept private and only accounts in your name can be viewed by you.
Learn about eligible accounts
Start saving today with these chequing accounts.
Up to 7,000 AIR MILES Bonus Miles™†*
Features
- Unlimited transactions*52 including INTERAC e-Transfer® transactions*39
- 2x the Miles for every $25 on eligible grocery and wholesale club purchases*9
- 1 Mile for every $25 in purchases everywhere else*9
- 25 Bonus Miles each month when you also have a BMO AIR MILES World Mastercard®* or BMO AIR MILES World Elite®* Mastercard
- OnGuard® footnote dagger Identify Theft Protection*74
Let the savings begin!
Activate your BMO Family Bundle in a few easy steps.
- Tell your family that switching to BMO couldn’t be easier!
Let us do the heavy lifting. Our PowerSwitch® program automatically moves all of your pre-authorized debits and bill payments so you won’t miss a thing.
- Already have a BMO account? Take advantage of the BMO Family Bundle.
Let the family banking begin! If you already have a Performance, Premium or AIR MILES chequing account with BMO, you’re ready to take advantage of the BMO Family Bundle. Sign in to BMO Online Banking to get started.
Family Bundle FAQs
No-fee daily banking includes your typical banking transactions, like debit purchases, bill payments, INTERAC e-Transfer®§ transactions and BMO ATM withdrawals. These are all included for everyone in your Family Bundle.
Less common transactions, like foreign exchange, drafts or money orders and non-BMO ATM withdrawals may carry an additional fee, depending if you select the Performance or Premium chequing account. Learn more about included and pay-per-use fees.
The Lead account holder is also responsible for paying any paper statement or non-BMO ATM withdrawal fees that a family member incurs. All other pay-per-use fees will be charged to the account with which the fees are incurred.
Great question. As long as they’re living at the same address as the customer with the lead account and they’re new to BMO, you can add family members to your Family Bundle on an eligible bank plan.
Want to invite an existing customer to join your Family Bundle? No problem, just visit a branch to get started.
Nope! With the BMO Family Bundle, the new accounts can be joint, but they can also be individual for each family member. You can even have a combination of both, sharing some accounts and keeping others private.
We take your privacy very seriously. With the BMO Family Bundle, the only account(s) that your family members can see are the joint accounts held in both of your names. The account(s) in your own name can only be viewed by you.
It’s easier than ever to add new members to your plan. If you’re already a BMO customer, add a member through BMO Online Banking in just a few minutes – you’ll just need your family member’s full name and email address to get them started with no-fee daily banking.
If you’re not a customer yet, you’ll be asked if you would like to invite family members during your account opening process.
We know that families come in all shapes and sizes – you can add up to a total of 20 accounts to your BMO Family Bundle. Members of your household can have more than one account, as long as the total number of accounts in the BMO Family Bundle does not exceed 20. It’s a great way to add extra accounts for savings goals, family expenses or even a US dollar account for future travel.
How do I remove someone from my BMO Family Bundle?
If you’d like to remove a member from your plan, call or visit your nearest BMO branch for assistance.
How do my family members know I’ve added them to my BMO Family Bundle? What do they have to do once I add them?
Any family member you want to add to your BMO Family Bundle*86 will receive an email inviting them to open their own no-fee daily bank account*2 through our easy online application. Once they’ve successfully completed their application, they’ll be added to your BMO Family Bundle.*86
What type of chequing accounts will my family members get as part of my BMO Family Bundle?
Your family members will get the same type of account that you hold, and they’ll enjoy most of benefits that you do.
So, if you have a Performance Plan, anyone who joins your BMO Family Bundle will also get one, and have access to perks like unlimited INTERAC e-Transfer®§ transactions.
Will I be responsible for other members' accounts?
No, each account holder is responsible for their own account. The monthly Plan fee is charged to the lead account and fees for services or transactions that are not included with the Bank Plan may be charged to the account that incurred the fee. For more information on fees, please explore our banking fees and agreements.
How the BMO Family Bundle works
Ready to crunch some numbers? Here’s a better look at how the BMO Family Bundle helps you save.
Included features | Lead Account | Member accounts |
|---|---|---|
Monthly fee | $17.95 per month, or $0*4 with a minimum balance of $4,000 | No monthly fee |
Daily banking | Included | Included |
Optional Pay-per-user features | Lead Account | Member accounts |
|---|---|---|
Money orders | $9.95 | $9.95 |
Non-BMO ATM Withdrawals in Canada*53 | 1 included per month betweenall family members $2 each for any excess item | 1 included per month betweenall family members $2 each for any excess item, charged to Lead Account |
Standard overdraft protection*20 | $5/month | $5/month |
Other pay-per-use fees may apply; download the Agreements, Bank Plans and Fees for Everyday Banking (PDF, 347 KB) for a full list of fees.
Included features | Lead Account | Member accounts |
|---|---|---|
Monthly fee | $30.95 per month, or $0*4 with aminimum balance of $6,000 | No monthly fee |
Daily banking | Included | Included |
Additional Features | Lead Account | Member accounts |
|---|---|---|
Money orders | Included | Included |
Non-BMO ATM Withdrawals in Canada*53 | Included | Included |
Standard overdraft protection*20 | Included | Included |
Other pay-per-use fees may apply; download the Agreements, Bank Plans and Fees for Everyday Banking (PDF, 347 KB) for a full list of fees.
Included features | Lead Account | Member accounts |
|---|---|---|
Monthly fee | $17.95 plus get 50 Bonus Miles/ month with min. $4,000 daily balance*106 | No monthly fee |
Daily banking | Included | Included |
Optional Pay-per-user features | Lead Account | Member accounts |
|---|---|---|
Money orders | $9.95 | $9.95 |
Non-BMO ATM Withdrawals in Canada*53 | $2 each in Canada, $5 each outside of Canada | $2 each in Canada, $5 each outside of Canada |
Standard overdraft protection*20 | $5/month | $5/month |
Other pay-per-use fees may apply; download the Agreements, Bank Plans and Fees for Everyday Banking (PDF, 347 KB) for a full list of fees.
Want to know more? That’s what we’re here for.
Come in and talk to us
Drop by your nearest branch to chat about your financial future.
