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Footnote 1 details . Subject to terms and conditions agreed upon between BMO, BMO InvestorLine and BMO Nesbitt Burns and participating organizations.
Footnote 2 details . You are eligible for the waiver of the Monthly Performance Plan Fee if you deposit a total of $1,500.00 or more into your lead Chequing Account each calendar month, excluding any credits from a debit adjustment, merchant refund, or any payment debited, subsequently returned and then credited to your account for any reason. You are responsible for all transaction, service, and product fees not included in the Performance Plan.The lead chequing account (chequing account) is the one you designate to pay any fees required by the Performance Plan, for example, your monthly plan fee and transaction fees.A qualifying deposit means: i. A cash deposit; ii. A deposit of a cheque, bank draft, money order or any eligible negotiable instrument payable to you; iii. Acceptance of an Interac e-Transfer®†transaction; iv, A pre-authorized credit or direct deposit; v. An incoming wire transfer; and vi. A withdrawal from a BMO Nesbitt Burns Registered Retirement Income Fund (RRIF) account or from BMO Nesbitt Burns Non-Registered account that are deposited into the Lead chequing account.When you make a qualifying deposit into your lead chequing account on a weekend, holiday, or when your BMO branch is closed, your deposit will be applied to your lead chequing account on the next business day.To be a qualifying deposit, your deposits must be “new funds” and excludes any of the following credits to your Chequing Account: a) Transfers or credits, from your BMO Savings Account or any other BMO bank account you may have with us; b) Cash advances from your BMO Credit Card, line of credit or any other BMO credit product you have with us; or c) Any interest payments or redemptions from a BMO investment of any kind issued or offered by any member of BMO Financial Group with the exception of withdrawals from a BMO Nesbitt Burns Registered Retirement Income Fund (RRIF) account or from a BMO Nesbitt Burns non-registered account.Your lead chequing account will be debited the monthly Performance Plan $17.95 Plan fee within ten business days of the following month if you do not qualify for the waiver.
Footnote 3 details . Includes everyday banking transactions at a BMO branch, BMO ATM, BMO Telephone, BMO Online and BMO Mobile Banking, debit card purchases, cheques drawn on your account and Pre-Authorized Payments.
Footnote 4 details . The monthly Plan fee may still apply. Other transaction fees may apply if you have a Bank Plan that does not include unlimited everyday banking transactions. A cancellation fee may still apply when you cancel the transaction. Interac e-Transfer transactions are subject to maximum transfer dollar amounts.
Footnote 5 details . Plan, transaction, service and product fees may still apply. You’re eligible for OnGuard®*if you are a BMO customer who has a lead account* with one of the following Bank Plans: Performance Plan, Premium Plan or Employee Plan. In addition, to qualify for OnGuard®*, you must be a Canadian resident who has reached the age of majority for your province or territory and you must have a valid email address on your BMO profile and your lead account must be in good standing. Customers with an eligible Bank Plan with the Kids or Teens discounted banking program do not qualify for OnGuard®*. All account holders of a lead account with an eligible Bank Plan qualify for OnGuard®*provided they meet the above eligibility requirements. If you switch your lead account to an ineligible Bank Plan, then you will no longer qualify for the OnGuard®*service.*The lead account is the one you designate to pay any fees required by your Bank Plan, for example, your monthly Plan fees and transaction fees.
Footnote 6 details . The 10,000 BMO Rewards welcome bonus points offer is limited to new BMO Rewards Mastercard accounts. Applications must be received between March 2, 2021 and June 1, 2025 (“Offer Period”) to be eligible for this offer. Receive 10,000 BMO Rewards points when you spend a minimum of $1,000 (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) within the first three (3) months from the account open date. 10,000 BMO Rewards points will be credited to your Collector Account within three (3) business days following the qualifying $1,000 spend. This offer is not available to current or former BMO Rewards Mastercard cardholders who reinstate a closed account or open a new account. If a cardholder cancels their account within ninety (90) days from the account open date the welcome bonus will be cancelled. Existing BMO credit card cardholders who transfer into this product during the Offer Period are not eligible for this offer. Offer may be changed without notice.
Footnote 7 details . a) Subject to these Terms and Conditions, each balance transfer amount is eligible for a promotional interest rate of 0.99% provided that each balance transfer is posted to your BMO CashBack Mastercard account or BMO Rewards Mastercard account (the "Account") in the first 9 (nine) statement periods from the Account open date (“Promotional Period”), and your Account remains in good standing. Offer is available to new customers only upon Account approval for applications submitted on or after September 02, 2022. Balances from other BMO credit card accounts are not eligible to be transferred. The promotional rate will no longer apply to your Account if you transfer into a card other than the BMO CashBack Mastercard or BMO Rewards Mastercard. Balance transfers apply to Canadian dollar amounts only.b) Balance transfers do not qualify to earn loyalty rewards such as CashBack Rewards or BMO Rewards Points. Balance transfers are treated as cash advances and the promotional interest rate applies from the date the transactions are posted to your Account until the last day of the Promotional Period. After the Promotional Period expires, any remaining balance transfer amounts will be charged interest at the standard annual interest rate for cash advances. The promotional interest rate of 0.99% does not apply to purchases, fees, cash advances and other charges posted to your Account during the Promotional Period. Standard interest rates will continue to apply to those transactions. Please refer to your monthly statement for the interest rate applicable to your Account.c) Each balance transfer is subject to a fee of 2% which will be charged to your account on the date the balance transfer is posted to your Account. For example, if an amount of $1,000 is transferred to your Account, you will be charged a fee of $20. You may request a balance transfer for as low as $100, as long as the transfer amount plus the fee, does not exceed the unused portion of the credit limit on your Account.d) If your Account has balances with different interest rates, such as purchases with a standard interest rate and balance transfers with a promotional interest rate, any payment that exceeds the minimum payment will be allocated proportionately to those balances according to the terms set out in section 14 of the BMO Mastercard Cardholder Agreement. For example, if you have an $800 purchases balance at the standard interest rate and a $200 balance transfer balance at a promotional interest rate, 80 per cent of your payment will be allocated to your purchases balance and 20 percent will be allocated to your balance transfer balance. This offer may be withdrawn or changed without notice.e) You will pay interest on purchases unless you pay your full Account balance by the payment due date. For example, if you complete a balance transfer for $5,000 and spend $2,000 in purchases during the same statement period, you must pay the entire balance of $7,000 before the payment due date to avoid paying interest on your purchases. You will be charged interest if you only pay the amount owing for your purchases. There is no interest-free grace period for cash advances or balance transfers.f) To transfer balances from non-BMO credit card accounts, register for Online Banking or log in at bmo.com and do the following; select your Mastercard account, then select Set up Balance Transfer or Pre-authorized payment, then select Credit Card Balance Transfer and follow the instructions to complete the transfer.
Footnote 8 details . Subject to the BMO Rewards Terms and Conditions, BMO Rewards points are calculated based on purchases of goods or services charged to the BMO Ascend World Elite Mastercard or BMO Rewards Mastercard account, less any refunds or adjustments, rounded down to the nearest whole point. Cash advances (including purchases of foreign currency or travellers cheques), interest charges, fees, credit or debit adjustments and any amount other than purchases that may be charged to the account with the card, do not qualify for points. Bank of Montreal may establish other qualifying and non-qualifying transactions from time to time.
Footnote 9 details . You are eligible to receive an annual credit card fee rebate if you are the primary cardholder of an eligible BMO Credit Card and an account holder with the Premium Plan. Minimum annual spend requirement applies. For a list of eligible BMO Credit Cards and for full terms and conditions, visit bmo.com/premiumrebate.
Footnote 11 details . A) You will earn 5 BMO Rewards points for every $1 spent on eligible travel purchases, up to $15,000 annually per BMO Rewards collector account (resets January 1st of each calendar year). The 5 BMO Rewards points includes the base earn rate of 1 BMO Rewards point for every $1 spent on card purchases (“Base Rewards”) and the bonus of 4 BMO Rewards points for every $1 spent on eligible travel purchases (“Bonus Rewards”). To earn Bonus Rewards, your purchases must be made at merchants that are classified in the Mastercard network as: airlines, car rental agencies, hotels/resorts, cruise lines, passenger railways, tour operators, timeshares, and travel agencies (“Applicable Merchants”). If you exceed $15,000 in combined annual purchases, you will continue to earn the Base Rewards. You will earn 3 BMO Rewards points for every $1 spent on eligible dining and entertainment purchases, as well as recurring bill payments, up to $10,000 annually for each spend category, per BMO Rewards collector account (resets January 1st of each calendar year). The 3 BMO Rewards points includes the base earn rate of 1 BMO Rewards point for every $1 spent on card purchases (“Base Rewards”) and the bonus of 2 BMO Rewards points for every $1 spent on eligible dining and entertainment purchases and recurring bill payments (“Bonus Rewards”). To earn Bonus Rewards, your purchases must be made at merchants that are classified in the Mastercard network as: dining: eating places, restaurants, drinking places, fast food restaurants and entertainment including motion picture theatres, theatrical producers, ticket agencies, bands, orchestras and miscellaneous entertainers, tourist attractions and exhibits, amusement parks, carnivals, circuses, aquariums, dolphinariums, zoos and seaquariums (“Applicable Merchants”). Recurring bill payments are defined as payments made on a monthly or regular basis, and which are automatically billed by the merchant to your BMO Ascend World Elite Mastercard. Not all merchants offer recurring payments, and not all ongoing payments will be considered “recurring bill payments” and therefore may not earn Bonus Rewards. Please check with your merchant to see if your recurring payment qualifies. If you exceed $10,000 in annual purchases for each spend category, you will continue to earn the Base Rewards. You will not earn the bonus BMO Rewards points on recurring bill payments that are also eligible travel, dining, or entertainment purchases. Some merchants may sell the same or similar products/services as the Applicable Merchants or are separate merchants who are located on the premises of the Applicable Merchants, but are classified by Mastercard in another manner (“Other Merchants”). You will only earn Base Rewards for purchases made at Other Merchants.B) Subject to the BMO Rewards Terms and Conditions, BMO Rewards points are calculated based on purchases of goods or services charged to the BMO Ascend World Elite Mastercard or the BMO Rewards Mastercard account, less any refunds or adjustments, rounded down to the nearest whole point. Cash advances (including purchases of foreign currency or travellers cheques), interest charges, fees, credit or debit adjustments and any amount other than purchases that may be charged to the account with the card, do not qualify for points. Bank of Montreal may establish other qualifying and non-qualifying transactions from time to time.
Footnote 12 details . Applications and the amount you can borrow are subject to meeting BMO’s standard lending criteria. Some conditions may apply. Transfer fees from your existing lender may apply. Rates are subject to change without notice. Your interest rate for the selected fixed rate mortgage type and term is guaranteed for up to 130 days from the rate guarantee start date. If the mortgage is not funded within the 130-day period, or other conditions are not met the interest rate guarantee expires. Applicable to residential mortgages only and subject to Bank of Montreal standard lending criteria for residential properties.
Footnote 13 details . Choose to skip one of the following: four consecutive monthly payments; eight consecutive bi-weekly or semi-monthly payments; or sixteen consecutive weekly payments. Any time you skip a mortgage payment, you continue to accrue interest. You can pay back your skipped payments anytime without a prepayment charge. Eligibility will be subject to terms and conditions at the time of application. Choose to skip one of the following for Homeowner ReadiLine™: two non-consecutive monthly payments; four non-consecutive bi-weekly or semi-monthly payments; or eight non-consecutive weekly payments. Not available on the BMO Smart Fixed Mortgage.
Footnote 16 details . Interest is calculated on the daily account closing balance and paid monthly on the last business day of the month. Interest is paid in the same currency as the account. Interest rates are calculated on a per annum basis. Interest rates and balance tiers are subject to change without advance notice. Interest rates are available online at bmo.com/rates, on display at all BMO branches where deposit accounts are kept and by calling 1-877-225-5266.
Footnote 17 details . Interest is calculated on the daily account closing balance and paid monthly on the last business day of the month. Interest is paid in the same currency as the account. Interest rates are calculated on a per annum basis. The bonus interest rate & posted rate may change any time without any prior notice. Posted rate to be applied on Smart Saver Account after the offer period.
Footnote 18 details . You are eligible to receive an annual credit card fee rebate if you are the primary cardholder of an eligible BMO Credit Card and an account holder with the Performance Plan. Minimum annual spend requirement applies. For a list of eligible BMO Credit Cards and for full terms and conditions, visit bmo.com/performancerebate.
Footnote 19 details . BMO eclipse Visa Infinite applications must be received between December 15, 2025 and October 31, 2026 (the “Offer Period”) to be eligible for this offer. This offer is not available to current or former BMO eclipse Visa Infinite cardholders who reinstate a closed account or open a new account for the same card during the Offer Period. Existing BMO credit card cardholders who transfer into this product during the Offer Period are not eligible for this offer. This offer may be withdrawn or changed without notice.$1,150 in value is made up of:Up to $467: Up to 70,000 bonus reward points (worth up to $467 when redeemed for travel-related purchases at 150 points = $1)- Earn 30,000 BMO Rewards welcome bonus points 110 days after the credit card account open date when you spend a minimum of $4,000 on net card purchases (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) within the first 110 days of account opening.- Earn an additional 20,000 BMO Rewards bonus points 180 days after the credit card account open date when you spend a minimum of $7,000 on net card purchases within the first 180 days of account opening.- Earn a further 20,000 BMO Rewards bonus points 365 days after the credit card account open date when you spend a minimum of $12,000 on net card purchases within the first 12 months of account opening.- Please allow up to 8 weeks after the conditions for each element of the offer are fulfilled for the bonus points to be credited to your BMO Rewards Account. If the Credit Card is cancelled within 365 days from the date it was opened, all Bonus Rewards earned within that period may be cancelled. To receive Welcome Bonus Points, your credit card account must be open and in good standing.- Both eligible travel and non-travel purchases can be redeemed up to 90 days after the purchase date. To be eligible for the travel redemption rate of 150 points per $1 value, travel purchases must be made at merchants that are classified as airlines, car rental agencies, hotels/resorts, vacation packages, cruise lines, eligible vacation rentals, passenger railways, timeshares, travel agencies and tour operators. For all other non-travel purchases, you can redeem at a rate of 200 points per $1 value.- Please refer to the Pay with Points section of bmorewards.com for extended Terms and Conditions.Up to $240: Monthly Streaming Subscription Statement Credits- Primary Cardholders will be eligible to receive up to $20 streaming subscription statement credit each month on purchases classified with Merchant Category Codes (“MCC”) MCC 4899 (Cable and Other Pay Television services), MCC 5815 (Digital Goods Media), and MCC 5818 (Large Digital Merchants) when you spend a minimum of $500 on net card purchases (less refunds and excluding cash advances, cash-like transactions, interest charges, fees, credit or debit adjustments) each month. Each monthly evaluation period will always begin on the first day of the month and end on the last day of the month. The first evaluation period for the minimum spend of $500 will be on the first day of the month following your account open date, the credits will be assessed and if you qualify, the account will be credited the following month. An evaluation is conducted monthly, for a total of 12 monthly evaluation periods. The maximum total credit available is $240 over 12 months. Monthly Streaming Subscription Statement Credits are subject to change and may be withdrawn without notice. To receive Monthly Streaming Subscription Statement Credits, your credit card account must be open and in good standing.$120: Annual Fee Waiver Offer- The primary cardholder annual fee of $120 will be rebated in the first year and will appear as a fee and a credit on the primary cardholders first statement. After the first year, the annual fee will appear on your Credit Card statement twelve (12) months after the Credit Card open date. The Annual Fee Waiver Offer does not apply to the Additional Card annual fee.$50: Anniversary Lifestyle Credit- The Account will be eligible to receive a $50 statement credit each annual period following a single purchase that is equal to or greater than $50 during the annual period. The Account’s first annual period occurs from the account open date until the first anniversary date when the annual fee renewal occurs. The Account will be credited within two statement cycles following the Account’s anniversary date when the annual fee renewal occurs provided the Account is open and in good standing at the time of payout. This benefit’s annual period will reset on the Account’s anniversary date thereafter. The Account is limited to a maximum of one $50 credit within the annual period. If you transfer your Account into a different product and back into an eligible product within the same annual period, or if you cancel and reapply for an eligible product within the same annual period, you will not be entitled to a subsequent $50 credit in that annual period. Any additional lifestyle credit of $50 awarded to the Account within the annual period as a result may be subject to being withdrawn at the discretion of the Bank. This offer is subject to change.Potential $280: First year BMO Rewards points- Potential 42,000 BMO Rewards Points (worth up to $280 when redeemed for travel related purchases at 150 points = $1) earned on everyday purchases based on first year average spend per account.
Footnote 20 details . The primary cardholder annual fee of $120 will be rebated in the first year and will appear as a fee and a credit on the primary cardholders first statement. After the first year, the annual fee will appear on your Credit Card statement twelve (12) months after the Credit Card open date. Offer does not apply to the Additional Card annual fee. Existing BMO credit card cardholders who transfer into this product during the Offer Period are not eligible for this offer. If you cancel your card within ninety (90) days of account opening, the welcome bonus will be cancelled. This offer may be withdrawn or changed without notice.
Footnote 21 details . The accelerated earn rate is 5 BMO Rewards points (as applicable) per $1 charged to the Account for purchases made in Canada at merchant locations classified as gas, grocery, transit, and dining. Purchases must be made at merchants classified through the Visa network with a Merchant Category Code (“M C C”) that identifies them in the “gas”, “grocery”, “dining”, or “transit” category. The accelerated earn rate applies to the first $50,000 in annual purchases on the Account, at merchants qualifying for the accelerated earn rate, which can be calculated from January 1st to December 31st each year. Once the combined cardholder spend exceeds this threshold, they will continue earning points at the regular earn rate of 1 point per $1 in purchases.BMO Rewards points will be posted to the primary cardholder’s account, provided the Account is open and in good standing when the purchases are made and when the statement is issued.
Footnote 22 details . Applications and the amount you can borrow are subject to meeting BMO’s usual credit criteria
Footnote 23 details . Approval and credit limit are subject to meeting BMO's usual credit requirements. Must be a Canadian citizen or Permanent Resident enrolled in a Canadian or non-Canadian post-secondary school or university. Co-signer may be required. Subject to credit availability and verification of identity.
Footnote 24 details . Subject to the terms of your Student Line of Credit Agreement.
Footnote 25 details . Approval and credit limit are subject to meeting BMO's usual credit requirements. Must be a Canadian citizen or Permanent Resident enrolled in a Canadian or non-Canadian post-secondary school or university. Co-signer may be required. Subject to credit availability and verification of identity. Borrowing limits and repayment time are determined by the type of program.
Footnote 26 details . Subject to the terms of your Professional Student Line of Credit Agreement.
Footnote 27 details .
- Subject to these Terms and Conditions, each balance transfer amount is eligible for a promotional interest rate of 0% provided that each balance transfer is posted to your BMO CashBack World Elite Mastercard, BMO Ascend World Elite Mastercard, BMO Air Miles World Elite, or BMO eclipse Visa Infinite Privilege card. account (the "Account") in the first 12 (twelve) statement periods from the Account open date (“Promotional Period”), and your Account remains in good standing. Offer is available to new customers only upon Account approval for applications submitted on or after December 15, 2025. Balances from other BMO credit card accounts are not eligible to be transferred. The promotional rate will no longer apply to your Account if you transfer into a card other than the BMO CashBack World Elite Mastercard, BMO Ascend World Elite Mastercard, or BMO Air Miles World Elite Card. Balance transfers apply to Canadian dollar amounts only.
- Balance transfers do not qualify to earn loyalty rewards such as CashBack Rewards or BMO Rewards Points, Air Miles Points or VIPorter Points. Balance transfers are treated as cash advances and the promotional interest rate applies from the date the transactions are posted to your Account until the last day of the Promotional Period. After the Promotional Period expires, any remaining balance transfer amounts will be charged interest at the standard annual interest rate for cash advances. The promotional interest rate of 0% does not apply to purchases, fees, cash advances and other charges posted to your Account during the Promotional Period. Standard interest rates will continue to apply to those transactions. Please refer to your monthly statement for the interest rate applicable to your Account.
- Each balance transfer is subject to a fee of 2% which will be charged to your account on the date the balance transfer is posted to your Account. For example, if an amount of $1,000 is transferred to your Account, you will be charged a fee of $20. You may request a balance transfer for as low as $100, as long as the transfer amount plus the fee, does not exceed the unused portion of the credit limit on your Account.
- For residents outside of Quebec, if your account has balances with different interest rates, such as purchases with a standard interest rate and balance transfers with a promotional interest rate, any payment that exceeds the minimum payment will be allocated proportionately to those balances according to the terms set out in the BMO Credit Card Cardholder Agreement. For example, if you have a balance of $800 in purchases at the standard interest rate and a $200 balance transfer balance at a promotional interest rate, 80 percent of your payment will be allocated to your purchases balance and 20 percent will be allocated to your balance transfer amount balance. For residents of Quebec, if your account has balances with different interest rates, such as purchases with a standard interest rate and balance transfers with a promotional interest rate, any payment that exceeds the minimum payment will apply first with to the debt with the highest credit rate, then to other debts in decreasing order of credit rate according to the terms set out in the BMO Credit Card Cardholder Agreement. For example, if you have a balance of $800 in purchases at the standard interest rate and a $200 balance transfer balance at a promotional interest rate, and the standard interest rate is higher than the promotional interest rate, 100 percent of your payment will first be allocated to your $800 purchases balance and once the $800 is paid off, any excessive payments made will be allocated to your $200 balance transfer balance
- You will pay interest on purchases unless you pay your full Account balance by the payment due date. For example, if you complete a balance transfer for $5,000 and spend $2,000 in purchases during the same statement period, you must pay the entire balance of $7,000 before the payment due date to avoid paying interest on your purchases. You will be charged interest if you only pay the amount owing for your purchases. There is no interest-free grace period for cash advances or balance transfers.
- To transfer balances from non-BMO credit card accounts, register for Online Banking or log in at bmo.com and do the following; select your Mastercard or Visa card account, then select Set up Balance Transfer or Pre-authorized payment, then select Credit Card Balance Transfer and follow the instructions to complete the transfer.
- This offer may be withdrawn or changed without notice.
TM/®Trademark/Registered trademark of Bank of Montreal.
Interac e-Transfer is a registered trademark of Interac Inc.is provided by Sigma Loyalty Group and Intersections Inc. Sigma Loyalty Group and Intersections Inc. terms and conditions can be viewed here www.bmo.com/onguard/SLGconditions.is a registered trademark of Sigma Loyalty Group Inc.is a registered trademark of Intersections Inc.Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Used under license.
±Trademark of Visa International Service Association and used under license.