Expired Hot Deals

[BMO] *Canadian Defence employees only* FREE Performance Plan Chequing account & good rates

  • Last Updated:
  • Sep 23rd, 2020 1:05 am
[OP]
Banned
User avatar
May 6, 2020
132 posts
427 upvotes
Cornwall

[BMO] *Canadian Defence employees only* FREE Performance Plan Chequing account & good rates

Not too shabby for those like my cousin who is in the military. Free chequing account and many other financial benefits. Must have a CF One card to verify eligibility. It even says former employees of National Defence qualify. A nice gesture from BMO to present such savings.

Who’s eligible?
BMO CDCB Program benefits are exclusive to all members of Canada’s defence community and their families:

Canadian Armed Forces (CAF) members (Regular and Reserve ) and their families
Veterans and their families, including families of the deceased
Members of foreign military currently serving with the CAF and their families
Current and former Staff of the Non-Public Funds, Canadian Forces and their families
Current staff of Military Family Resource Centres and their families
Current and former Department of National Defence public servants and their families
Serving and former Royal Canadian Mounted Police and their families
Current and former Canadian Coast Guard members and their families
Current staff of Defence Research and Development Canada and their families
Current staff of Defence Construction Canada and their families
Current staff of Communications Security Establishment and their families
Honourary Colonels/Captains(, Lieutenant Colonels/Commanders and their families


CFMWS introduced the CFOne Card to confirm membership within the Canadian Forces Community and to facilitate access to morale and welfare programs/services. BMO Bank of Montreal leverages the CFOne Card to administer the CDCB Program making it seamless for members of the CF Community to start saving.

To apply for a card or to learn more, please visit ww.cf1fc.com


CDCB program benefits include:
FREE banking with the Performance Plan1
FREE Unlimited Interac e-Transfer®‡ transactions
OnGuard®* Identity Theft Protection Service at no charge14
Keep the same accounts no matter how many times you relocate
BMO Employee Pricing on a wide range of mortgage options3, 4
Flexibility to move or break your mortgage through the Integrated Relocation Program
Interest rate buy-down option
Eligible for mortgage protection even when on active duty
BMO® ATMs on Bases, Wings and Units saving you time and money
No Annual Fee credit card options with choice of rewards
BMO Employee Pricing on unsecured and secured personal lines of credit
CDCB Student Line of Credit with preferential pricing and flexibility3, 5
24/7 banking6 with BMO Online Banking and the BMO Mobile App7, 8
37 replies
Jr. Member
Mar 6, 2019
140 posts
185 upvotes
I can add that they offer you 2% off their posted 5 year fixed mortgage rate. Which worked out to basically the same as smaller lenders (within 0.1%) when I checked.

Never had any issues with them, always good service.
Deal Addict
Feb 14, 2016
1372 posts
802 upvotes
SubmarinePerson wrote: I can add that they offer you 2% off their posted 5 year fixed mortgage rate. Which worked out to basically the same as smaller lenders (within 0.1%) when I checked.

Never had any issues with them, always good service.
thank you for your service
Sr. Member
Feb 18, 2007
550 posts
618 upvotes
Vancouver
JIB9022 wrote: thank you for your service
No need, I volunteered for this job. But thank you for the sentiment --

Will be switching to BMO soon. TD nickels and dimes you for EVERYTHING. In particular what incenses me the most is interac etransfer fees. And also a $5 interac etransfer cancellation fee.

And i've had an account with them for 20 years!!
Last edited by danascully on May 21st, 2020 9:50 am, edited 1 time in total.
Jr. Member
Mar 6, 2019
140 posts
185 upvotes
danascully wrote: No need, I volunteered for this job. But thank you for the sentiment --

Will be switching to BMO soon. TD nickels and dimes you for EVERYTHING. In particular what incenses me the most is interac etransfer fees. And also a $5 interac etransfer cancellation fee.

And i've had an account with them for 20 years!!
5$ to cancel an e-transfer?!?

That's wild...
Sr. Member
Feb 18, 2007
550 posts
618 upvotes
Vancouver
After 45 minutes, it costs $5.

Literally wanted to call TD and cancel right then and there. Absolute cash grab.
[OP]
Banned
User avatar
May 6, 2020
132 posts
427 upvotes
Cornwall
danascully wrote: After 45 minutes, it costs $5.

Literally wanted to call TD and cancel right then and there. Absolute cash grab.
TD is a trendy bank and they try so hard to be “cool” but I hate TD.
Newbie
Jul 2, 2014
23 posts
19 upvotes
Ottawa, ON
Can the "No Annual Fee credit card options with choice of rewards" be confirmed?

I thought they changed it to a $40 rebate by reading up the terms right now. It used to be completely waived but now they are completely waiving the minimum balance needed to prevent the $14.99/month for having the Defence community performance banking plan and instead of the whole $120/year waived for the credit card they only waive $40.
Deal Addict
Feb 26, 2006
3062 posts
1007 upvotes
Ottawa
Maybe I missed it, but are civilians national defense employees eligible?
Member
Sep 25, 2009
274 posts
161 upvotes
shylok wrote: Maybe I missed it, but are civilians national defense employees eligible?
Yes
Current and former Department of National Defence public servants and their families
Deal Addict
Jun 1, 2016
1017 posts
2227 upvotes
This isn't a deal, BMO has had this for years and it is ongoing.

I to double check thinking they had included the premium for free but that's not the case, same old promo.
$28 Phone Plan:
  • Unlimited Talk / Text / Data (25gb LTE)
  • Unlimited Roaming in US / Canada / Mexico
  • eSIM capable
[OP]
Banned
User avatar
May 6, 2020
132 posts
427 upvotes
Cornwall
DeltaSingh wrote: This isn't a deal, BMO has had this for years and it is ongoing.

I to double check thinking they had included the premium for free but that's not the case, same old promo.
Sour much? Look at all the great perks BMO gives for Defence Canada. How is this not a “deal”.
Deal Addict
Jun 1, 2016
1017 posts
2227 upvotes
wax888 wrote: Sour much? Look at all the great perks BMO gives for Defence Canada. How is this not a “deal”.
I already have this with BMO. It's like saying half off Tuesdays at the movies is a deal, it's not, it's the norm and always there.
$28 Phone Plan:
  • Unlimited Talk / Text / Data (25gb LTE)
  • Unlimited Roaming in US / Canada / Mexico
  • eSIM capable
[OP]
Banned
User avatar
May 6, 2020
132 posts
427 upvotes
Cornwall
DeltaSingh wrote: I already have this with BMO. It's like saying half off Tuesdays at the movies is a deal, it's not, it's the norm and always there.
You already having it doesn’t make it any less of a deal. The fact that it’s old news to you doesn’t nullify the deal-y goodness that it is chuck full of.
Member
Feb 11, 2019
342 posts
402 upvotes
ON
Realistically if you already have CF1 card you know about this offer since it’s printed almost everywhere along with SISIP, otherwise same offer for a while. They also accept VSC, NDI75 etc instead of CF1.

Top