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Senior bank accounts

We’ve got great deals for anyone aged 60 or older

  • No monthly Plan fee*83 with a Practical Plan chequing account that comes with 12 monthly transactions*52
  • Add a savings account at no cost*1,*3
  • Get seniors’ discounts on all our chequing accounts*66,*83
  • Maintain a minimum daily balance and get your monthly Plan fee waived for the Plus, Performance or Premium Plan*4

Limited time offer!

Get up to *, and a Walmart+ membership for up to 12 months‡. Plus, get a promo interest rate** when you open a chequing and a Savings Amplifier Account.

Learn More

Let's find you the right bank account

Featured chequing account

Practical

$4.00 No cost$ 4.00 reduced to no cost> </ac><span role=*66,*83

Monthly fee

No cost for seniors*66,*83

  • Get up to $150* when you open an new account
  • 12 transactions*52 every month
  • No-cost Premium Rate savings account*3
Learn more

Plus

$ 11.95 reduced to $7.95> </ac><span role=$12.95 $8.95*66,*83

Monthly fee

or $0

with a minimum balance of $3,000*4

Flexible banking at a low monthly fee

  • 25 transactions*52 every month
  • Unlimited Interac e-Transfer®‡ transactions*39
  • No-cost Premium Rate savings account*3

Performance

$17.95 reduced to $13.95 $17.95 $13.95*66,*83

Monthly fee

or $0 

With a minimum balance of $4,000*4

Our most popular way to manage multiple financial goals

  • Get up to $900* in cash, and a Walmart+ membership for up to 12 months‡ when you open a new chequing and Savings Amplifier Account online.
  • New: Up to $40 rebate on the annual fee for BMO Credit Cards*15
  • Unlimited transactions*52
  • No-cost Premium Rate savings account*3
  • OnGuard® footnote dagger  Identity Theft Protection*74

Premium

$30.95 reduced to $26.95 $30.95 $26.95*66,*83

Monthly fee

or $0 

With a minimum balance of $6,000*4

Truly unlimited banking

  • Get up to $900* in cash, and a Walmart+ membership for up to 12 months‡ when you open a new chequing and Savings Amplifier Account online.
  • Unlimited worldwide non-BMO ATM withdrawals*53
  • Unlimited transactions*52 including unlimited Interac e-Transfer®‡ transactions*39
  • Up to $150 annual rebate for any BMO World Elite® footnote star  Mastercard® footnote star *10
  • OnGuard® footnote dagger  Identity Theft Protection*74
  • Preferred U.S. exchange rate*35

Blue Rewards

OPEN ACCOUNT

$17.95reduced to $13.95 $17.95 $13.95*66,*83

Monthly fee

Effortlessly earn Blue Points on everyday purchases

  • Unlimited transactions*52  including Interac e-Transfer®‡ transactions*39
  • 2x the Blue Points for every $2.00 spent in eligible gas, grocery, wholesale club and EV charging purchases*9
  • 1 Point for every $2.00 spent everywhere else*9
  • Get 500 Bonus Points each month you maintain a daily balance of $4,000 or more in your chequing account*106
  • Get 500 Bonus Points each month when you also have a BMO Blue Rewards World Elite®* Mastercard®*​*109
  • OnGuard®† Identify Theft Protection at no cost*74

Mobile

Easy, secure digital banking

Click to download on the Apple StoreClick to download on Google Play

Check out these useful resources

    RRIF Calculator

    See how much your minimum RRIF withdrawals will be after you have converted your RRSP to a RRIF.

    Understanding TFSAs: The Basics

    A TFSA is a great investing option for Canadians of all walks of life – and unlike an RRSP, it has no cut-off age.

    Need help?That’s what we’re here for

    Come in and talk to us

    Drop by your nearest branch to chat about your financial future.

    • ® Footnote dagger details OnGuard is a registered trademark of Sigma Loyalty Group Inc.
    • ®Identity Guard is a registered trademark of Intersections Inc.
    • ® Footnote star details Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Used under license.
    • ®‡ Interac e-Transfer is a registered trademark of Interac Corp. Used under license.
    • ± Trademark of Visa International Service Association and used under license.