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Build financial foundations

Achieving long term financial stability starts with building a strong foundation and creating healthy habits by spending responsibly and strategically.

Chequing 101

Find a chequing account based on your needs, and pair it with benefits that make spending more valuable.

  • What is a chequing account?

    Learn all about chequing accounts in this guide that explains the benefits, features and how to open an account.

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  • What is a bank statement? Everything you need to know

    Not sure how to read your bank statement? This useful guide will help you understand how bank statements work.

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  • Chequing vs. savings account

    Ever wondered what the difference is between a chequing and savings account? This article highlights key differences.

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We think you’ll like

Here are some more articles we think you’ll be interested in.

  • What is inflation?

    Understand what inflation is, what causes it and how it affects the economy.

    Learn more
  • How to manage multiple bank accounts

    You don’t have to sacrifice saving money during difficult times. Learn how to save effectively with these tips.

    Learn more
  • How to find the best chequing account for your lifestyle

    Another way to grow money is by investing it into a TFSA, learn how with these tips.

    Learn more

Our commitment to financial literacy and education

  • BMO SmartProgress

    BMO SmartProgressTM is a no-fee interactive learning platform that breaks down complex financial concepts, such as saving, investing, retirement planning, budgeting, credit scores and home buying, for you to learn at your own pace.

    Feel more confident in your finances and make real financial progress.

    Go to SmartProgress

Which other financial goals would you like to explore?

  • Real Financial Progress Hub

    Understanding your goals empowers you towards making real financial progress.

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  • Achieve goals

    I want to save more money for unexpected costs and my next big purchase.

  • Manage debt/credit

    I want to understand the impact of credits & loans and how they might help me achieve my financial goals.