Get up to 7,000 AIR MILES® footnote dagger Bonus Miles™ footnote dagger footnote star with a new BMO AIR MILES Chequing Account and Savings Amplifier Account.
Plus, get a 4.75% promo interest rate footnote star, star when you open a chequing and a Savings Amplifier Account.
Up to 7,000 AIR MILES® footnote dagger Bonus Miles footnote star
Want to explore other plans?Get up to a $700 cash bonus plus a $50 Walmart eGift card footnote star with the Performance Chequing Account and Savings Amplifier Account.
Earn up to 7,000 AIR MILES® footnote dagger Bonus Miles™ footnote star in 3 Easy Steps!
Step 1: Chequing Account Offer
Earn 3,500 Bonus Miles when you open a new BMO AIR MILES Chequing Account and make a deposit of any amount by October 31, 2025. Plus, provide a valid AIR MILES collector number by December 31, 2025.
Complete two of the following by December 31, 2025:
Set up a recurring direct deposit of at least $500; and/or- Make two eligible online bill payments of at least $50 to different billers; and/or
- Set up two eligible pre-authorized debits of at least $50 to different billers.
Step 2: Savings Account Offer
Earn 2,500 Bonus Miles when you open a Savings Amplifier Account by October 31, 2025 and complete the following:
- Deposit a total $10,000 or more into the Savings Amplifier Account within the first 30 calendar days of opening the Savings Amplifier Account;
- After the initial 30-calendar day period from the Savings Amplifier Account open date, maintain a daily closing balance of $10,000 or more at all times for an additional 90 calendar days.
You must complete step one to qualify for step two.
Step 3: Family Bundle Offer
Earn an extra 1,000 Bonus Miles when you invite a family member as part of a BMO Family Bundle and have them open their account by October 31, 2025.
You must qualify for step one to complete step three.
footnote starFor complete offer details, please review the Terms and conditions.
Get a promotional interest rate with our Savings Amplifier Account
You’ll get a interest rate** guaranteed for up to 120 days† when you add it to a new Performance or Premium Chequing Account.
Unlimited no-fee transfersMake no-fee transfers to your other BMO accounts any time, including mobile and online transfer, and ATM.*99
Earn money when you saveBenefit from a competitive interest rate every time you save money.*12
No monthly fee or minimum depositSave money when you bank with no monthly fee and no minimum balance required.
Get exclusive savings when you fuel up at Shell
AIR MILES collectors can enjoy savings of up to 7¢ per litre when fuelling up at a Shell station with a BMO debit card. Plus, save even more with a CAA® footnote star membership!
*Terms and conditions apply.
More reasons to bank with BMO
New to Canada? Enjoy no monthly fees*69 for a year with BMO NewStart®
The BMO NewStart® Program includes special offers on accounts and services to help you save money and establish your financial future. Newcomers to Canada can open a Performance Plan chequing account with no monthly plan fees and get a*63 small safety deposit box for 12 months – that’s more than $260 in savings!
Bank account FAQs
If you meet the eligibility criteria, the Chequing Account will receive a $0.01 deposit validating offer qualification and will have the Bonus Miles deposited to the collector account associated with the collector number within 60 days of receiving this deposit within the qualifying Chequing account. The Savings Account that qualifies for the Savings Account Offer, will receive a $0.01 deposit to qualifying Savings Account validating offer qualification and will have the Bonus Miles deposited to the collector account associated with the collector number on file within 60 days of receiving this deposit within the qualifying Savings Account.
Yes, this offer is available both in branch and online.
Yes! As long as neither of you have an existing chequing account with BMO or have closed an account between July 2, 2024 – October 31, 2025.
Yes, if you’re part of the following programs: Senior, BMO NewStartTM, Registered Disability Savings Plan, Indigenous Banking, Bank at Work – Group Banking and PwC Bank at Work. All other discounted plans are excluded from this offer.
No, unfortunately if you already have a chequing account with us you are not eligible for this promotion. Please refer to the Terms and Conditions for more details.
If you closed your account between July 2, 2024 – October 31, 2025, you aren’t eligible for this promotion.
Can I earn multiple bonuses by opening multiple accounts?
No, you’ll only earn a bonus on the first account that you open, assuming you meet the eligibility criteria.
Do I have to make my bill payments via online or mobile banking or can I make them in-branch or at the ATM machine?
Bill payments need to be done through online or mobile banking in order to be eligible for the bonus.
Is there a minimum dollar value for the bill payments in order to qualify for the cash bonus?
Bill payments must be a minimum of $50 each in order to qualify for the offer.
Can I pay the same bill payment twice?
No, each bill payment is required to be paid to a different biller account number. For example, if you are paying a cell phone bill it has to be paid to different accounts numbers to be counted as 2 different bill payments.
Are bill payments made to BMO credit cards considered an eligible bill payment?
Bill payments of at least $50 to BMO Credit Cards through Online/Mobile Banking will be considered as an eligible payment as per campaign criteria. Transfers to BMO Credit Cards through Online/Mobile Banking will not qualify as a bill payment.
Can I get the Family Bundle bonus with the Plus Plan?
No, you can only get a Family Bundle, and the welcome bonus, with a Performance, Air miles or Premium Plan.
Do I get more than one welcome bonus if I add more than one family member?
No, the maximum bonus Miles for adding a family member is 1,000, even if you add more than one family member.
Do I have a minimum amount for a pre-authorized payment or can the payment be for any amount?
Pre-Authorized Payments must be of minimum $50 each in order to qualify for the offer.
Can the same pre-authorized payment be made twice to the same biller?
No, the pre-authorized payments are required to be made to different billers to qualify for the cash bonus.
How do I get the 4.75% promo savings rate?
When opening a new Performance, air miles, or Premium Chequing Account, add a Savings Amplifier Account to earn the promotional interest rate on the new savings account. Please refer to Terms and Conditions.
Do I need to open both a chequing and savings account to qualify for the savings promo rate?
Yes, you need to open both a new Performance, Air miles, or Premium Chequing Account and a Savings Amplifier Account to earn the bonus promo rate on the savings account. Please refer to Terms and Conditions.
Do I need to qualify for the chequing offer to also get the savings offer?
Yes, to qualify for the savings offer you also need to qualify for all the requirements of the chequing offer as well. Please refer to Terms and Conditions.
How do I link my existing AIR MILES account to my BMO AIR MILES Chequing Account?
When you open a BMO AIR MILES Chequing Account, you will be asked to link your existing AIR MILES Collectors Number to your chequing account so that you can continue to collect AIR MILES Reward Miles without opening a new account.
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.
- †We guarantee up to a 4.75% promotional interest rate on balances deposited to a Savings Amplifier Account for up to 120 days from the account opening start date. This is an estimated value of $156.16 in total interest. If the Savings Amplifier Account is not funded, no interest will be earned. Promotional interest will be earned on the total balance within the Savings Amplifier Account. To qualify for the Promotional Rate, you must 1. Open a new Primary Chequing Account with the AIR MILES Plan, Performance Plan, Premium Plan, Practical Plan, or Plus Plan 2. Open a new Savings Amplifier Account 3. Make a deposit(s) into the Savings Amplifier Account. Interest is calculated on the daily account closing balance, up to a balance limit of $1,000,000, and paid monthly on the last business day of the month. For additional details please refer to Terms and Conditions.
- OnGuard®† is a registered trademark of Sigma Loyalty Group Inc.
- ®Identity Guard is a registered trademark of Intersections Inc.
- ®§ INTERAC e-Transfer is a registered trademark of Interac Inc. Used under license.
- ®†/™† Trademarks of AM Royalties Limited Partnership used under license by AIR MILES Loyalty Inc. and Bank of Montreal.
- “Shell” and the Shell Pecten are trademarks of Shell Brands International AG. Used under license. Used with permission by Bank of Montreal.