Expired Hot Deals

[BMO] [BMO] $300 chequeing account

  • Last Updated:
  • May 1st, 2019 6:38 am
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[OP]
Newbie
Oct 8, 2014
78 posts
132 upvotes
ontario

[BMO] [BMO] $300 chequeing account

Hi,
Saw this seemed better than most recent account promos

Full terms: link

Summary:
1.Open a premium plan account to receive $300,performance/plus plan for $100 or air miles plan for 1000 airmiles points by July 2.
2.make any deposits into the account
3. One recurring direct deposit into the account
4. Account needs to be open till Aug 2020
5.Payout which is Aug 31 2019
6.plan fee for performance is $30 per month or waived with $6000 balance
7. Customers who closed their Existing Account between
January 1, 2018 – July 2, 2019, and subsequently open
a new Chequing Account are not eligible for the
Chequing Account Offer.

EDIT: my mistake account needs to be kept open till Aug 2020 updated above to reflect that
Last edited by janarthan01 on May 1st, 2019 9:19 am, edited 5 times in total.
2 replies
Deal Addict
Oct 12, 2008
1954 posts
4191 upvotes
Markham
Thanks OP, hot offer, especially if you have a BMO credit card with annual fee (since the fee can be waived using a premium account). Basically $300 + max $150 credit card savings for a short deposit period.

Remember you can opt out of the hard credit check if you apply in branch and explicitly tell them you don't need overdraft, loans or credit products.
Jr. Member
User avatar
Oct 13, 2017
193 posts
331 upvotes
Halifax
Please be aware that you have to keep the account open until August 31, 2020 otherwise you might lose the $300 bonus:

"If you close the Chequing Account or change to a Plan other than an Eligible Plan before August 31, 2020, and
the Cash Bonus has been awarded, BMO reserves the right, in its sole and absolute discretion, to withdraw the
full amount of the Cash Bonus from the Chequing Account or send you an invoice for any amount outstanding.
If you close the Chequing Account or change to a Plan other than an Eligible Plan before August 31, 2020, and
the AIR MILES Bonus has been awarded, BMO reserves the right, in its sole and absolute discretion, to send
you an invoice for the value of the AIR MILES Bonus ($105.00 CDN)."

https://www.bmo.com/assets/pdfs/edb-cam ... itions.pdf

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