Bank of Montreal Air Miles Account

Estimated monthly cost

Monthly fee
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Based on your monthly transactions, our tool estimates the fees you'll be charged in addition to the monthly fee, if applicable. Additional fees
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No rebate available Rebates
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The total estimated monthly cost is the account's monthly fee, plus any transaction fees, minus any rebates you may qualify for. For a detailed explanation, see the Fee calculator tab.
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Features
Fee calculator

Monthly transactions by type


Monthly costs
Monthly fee
Additional transaction fees
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 Transactions Cost
Debit purchases or transfers $0.00
Bill payments $0.00
Interac e-Transfers $0.00
ATM withdrawals $0.00
Cheques written $0.00
Teller assisted transactions $0.00
Total additional fees
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Rebates
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No rebate available Minimum monthly balance rebate
Total estimated cost
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Rebates
  • No rebate available

Account details

Account type: Personal
Provider: Bank of Montreal

Fees & interest

Monthly fee:
Purchase interest rate: % Interest rate tiers
If balance is Rate
Additional transactions: Free
In-person transactions: Free
Interac e-Transfer: Free
US ATM fee: $3.00
One-time membership fee: n/a
Annual membership fee: n/a

Eligibility

To qualify for the student monthly fee you must be a full-time student at a post-secondary institute or a recent graduate or be between the ages of 13 and 18. To qualify for the senior rate you must be age 60 or over.

Promotions

From November 1, 2018 to January 7, 2019 get $75* sign-up bonus by opening a BMO bank account online. Apply now! *Terms and Conditions apply. To qualify for the $75.00 Cash Bonus you must:
  • Use the digital application form to open a new Canadian Dollar Primary Chequing Account (the “Chequing Account”) with a new Plus Plan, Performance Plan, AIR MILES®† Plan, or Premium Plan (each an “Eligible Plan”) during the Offer Period and keep the account open, in good standing (for example, your Chequing Account must not be in an unauthorized overdraft), and remain in an Eligible Plan until January 7, 2020. All discounted banking programs do not qualify for the offer with the exception of eligible plans that are part of the Senior discounted banking program.

  • Make a deposit of any amount into the lead Chequing Account by January 7, 2019.

  • Set up a recurring direct deposit into the lead Chequing Account and have at least one (1) direct deposit transaction credited to the lead Chequing Account by February 7, 2019.
      • Exclusions:
    • Customers who have an existing Canadian or U.S. Dollar Primary Chequing Account, Canadian or U.S. Dollar Interest Chequing Account, BMO Sobeys AIR MILES®† Chequing Account, BMO Club Sobeys Chequing Account, BMO IGA AIR MILES Chequing Account (each an “Existing Chequing Account”) are not eligible.

    • Customers who closed an Existing Chequing Account between January 7, 2018 and January 7, 2019, and subsequently open a new Chequing Account during the Offer Period are not eligible.

    • Joint Accounts: If you make a Chequing Account joint, no bonus will be paid if either customer has an Existing Chequing Account or closes an Existing Chequing Account between January 7, 2018 and January 7, 2019 and subsequently opens a new Chequing Account during the Offer Period.

    • Employees of Bank of Montreal and those with whom such employees are domiciled.