FinviloBMO
Blue Rewards
A chequing option with unlimited monthly transactions. It earns Blue Points on eligible debit purchases.
- Monthly fee
- $17.95
- Transactions included
- Unlimited
BMO
We list 14 BMO products, grouped by type below. Details come from BMO's own published pages; anything it does not publish is left out. We have not personally tested these products.
Official BMO websiteChequing
BMO
Performance
A chequing option with unlimited monthly transactions. Interac e-Transfer transactions count towards any applicable monthly transaction limit.
- Monthly fee
- $17.95
- Transactions included
- Unlimited
BMO
Plus
A chequing option with 25 monthly transactions. Interac e-Transfer transactions count towards any applicable monthly transaction limit.
- Monthly fee
- $12.95
- Transactions included
- 25
BMO
Practical
A chequing option with 12 monthly transactions. Interac e-Transfer transactions count towards any applicable monthly transaction limit.
- Monthly fee
- $4.00
- Transactions included
- 12
BMO
Premium
A chequing option with unlimited monthly transactions. Interac e-Transfer transactions count towards any applicable monthly transaction limit.
- Monthly fee
- $30.95
- Transactions included
- Unlimited
Credit Cards
BMO
BMO CashBack® Mastercard®*
A no-annual-fee card with cash back on purchases, including higher rates for groceries and recurring bill payments.
- Earn rate
- 3% cash back
BMO
BMO CashBack® World Elite®* Mastercard®*
A cash back card with category-based rewards, roadside assistance and travel insurance benefits.
- Annual fee
- $139
- Earn rate
- 5% on groceries
- Minimum income
- $80,000 (individual) or $150,000 (household)
Equipment financing
BMO
Small Business Installment Loan
Instalment financing for equipment, property investment or refinancing with fixed or variable rates.
- Repayment
- Pre-authorized payments and lump-sum payments available.
- Term
- One to five years, based on the financed purchase.
- Rate options
- Fixed or variable; applicant-specific rate Not confirmed.
High-interest savings
BMO
Savings Amplifier Account
A savings account without a monthly fee or minimum balance. Self-serve transfers to other BMO accounts are unlimited and free.
- Monthly fee
- No monthly fee
No-fee accounts
BMO
Savings Builder Account
A savings account with bonus interest when the monthly balance increases by at least $200. One debit transaction per month is included without charge.
- Monthly fee
- No monthly fee
Other
BMO
Premium Rate Savings Account
An interest-bearing savings account that can be included in a BMO bank plan. Transactions are shared under the plan’s monthly fee.
- Savings interest rate
- 0.010%
BMO
U.S. Dollar Premium Rate Savings Account
An interest-bearing savings account that can be included in a BMO bank plan. Transactions are shared under the plan’s monthly fee.
- Savings interest rate
- 0.05%
Rewards
BMO
BMO eclipse Visa Infinite* Card
A rewards card offering additional points on groceries, gas, transit and dining. It includes an annual lifestyle credit.
- Earn rate
- Earn 5 points per $1 spent at grocery stores.
Small-business loans
BMO
BMO Canada Small Business Financing Loan
A government-guaranteed loan for equipment, vehicles, leasehold improvements and commercial property.
- Equipment and leasehold financing
- Up to CAD 500,000
- Commercial property financing
- Up to CAD 1,000,000
- Government guarantee
- 85% guaranteed by the Government of Canada
- Amortization
- Up to 15 years
Rates and fees change. Confirm current terms with BMO before applying. General information, not personalized advice.