How to claim $175 cash bonus*
Step 1
Open a Performance Plan or Premium Plan Student Chequing Account and make sure you are enrolled in a university, college or vocational school. footnote star
Step 2
Make a deposit footnote star of any amount to the account by March 2, 2026.
Step 3
Complete at least two of the following within 30 days of opening your account*:
- Send or receive two INTERAC e-Transfer®§ transactions of at least $50.
- Make one eligible bill payment of at least $50 through BMO Online Banking or the BMO Mobile Banking App.
- Make one pre-authorized debit.
Not sure if this is the right account for you?
Compare our student bank plans.
Banking for medical and dental students
If you’re enrolled in an accredited medical or dental program or pursuing your residency, we’ve got a program designed specifically for your needs.
Student banking frequently asked questions
To save on monthly fees for the length of your school program, you have to complete one of the following options:
1. If you’re opening your account at a branch location, make sure you bring proof of your registration of student status.*65
2. If you are opening an account online, simply bring proof of your registration of student status to any branch within six months of opening the account.*65
Your documentation needs to prove your full-time registration in a post-secondary university, college, or registered private vocational school in order to be eligible for student banking. Program benefits will end in the year in which you are scheduled to graduate (maximum of four years). To continue your eligibility for the Program, you must provide proof of expected program completion date or proof of registration by November 30th of the year in which your Program benefits end.
Are you ready to apply? You can complete your application online now or head in to your nearest branch.
You can continue enjoying student banking for up to additional year after you graduate, just pop into your closest branch before November 30 of the year you graduate and provide proof of graduation – saving you another $215.40 on Plan Fees.*73
If you don’t update your status, regular Plan fees will apply starting in December.
If you’re enrolled in a professional education program – like Accounting or Optometry – you can get special rates and offers. Other professional student programs include: Chiropractic, Law, MBA, Pharmacy and Veterinary Medicine.
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 details, Registered trademark, section INTERAC e-Transfer is a registered trademark of Interac Corp. Used under license.