2019 Spring Mortgage Offer - Terms & Conditions:

 

From March 1, 2019 to June 30, 2019 (the “Offer Period”), earn up to $2,000 in a cash bonus (the “Bonus”) when you get a new BMO mortgage or transfer your existing mortgage from another financial institution to a BMO mortgage.

 

To qualify for the Bonus, you must:

1a. $1,000 Offer: Apply and be approved for:

The new BMO mortgage or installment Homeowner ReadiLine must be for a principal amount of between $150,000 ($100,000 for New Brunswick, Prince Edward Island, Nova Scotia, Newfoundland and Labrador) and $499,999, with a closed term of four (4) years or longer (“Option 1 BMO Mortgage”), and must be applied for and approved between March 1, 2019 and June 30, 2019.

OR

1b. $2,000 Offer: Apply and be approved for:

The new BMO mortgage or installment Homeowner ReadiLine must be for an amount of $500,000 or more, with a closed term of four (4) years or longer ("Option 2 BMO Mortgage" and, together with Option 1 BMO Mortgage, each a “New BMO Mortgage”), and must be applied for and approved between March 1, 2019 and June 30, 2019.

AND

2. The New BMO Mortgage must be funded by October 31, 2019.

AND

3a. Open a BMO Canadian Dollar Primary Chequing Account (a “Chequing Account”) with a Practical, Plus, Performance, AIR MILES®† or Premium Plan (each, an “Eligible Plan”) and set up a Chequing Account as the funding account for the New BMO Mortgage;

OR

3b. Set up an existing Chequing Account with an Eligible Plan as the funding account for the New BMO Mortgage.

Exclusions:

The following customers are not eligible for the offers:

Other:

All applications are subject to meeting Bank of Montreal’s usual credit criteria.

Limit of one (1) $2,000 or $1,000 cash payment per customer. Customers who obtain a joint New BMO Mortgage will only qualify to receive one (1) $2,000 or $1,000 cash payment between them. The Chequing Account must be in the same name(s) as the New BMO Mortgage. The cash payment will be deposited to the Chequing Account approximately sixty (60) days after the mortgage funds have been advanced. Your Chequing Account and New BMO Mortgage must remain open and in good standing for at least sixty (60) days after funding of the New BMO Mortgage to remain eligible.

This offer cannot be combined with any other mortgage offer or promotion unless specified.

This offer may be changed, withdrawn or extended at any time without notice.

You have until March 31, 2020 to notify us if you have not received your Bonus. Any notice received after this date will not be accepted and you will be deemed not to have qualified for this promotion.

®* Trademarks of AIR MILES International Trading B.V. Used under license by LoyaltyOne, Co. and Bank of Montreal