2024 Summer Everyday Banking Account Offer T&Cs

2024 Summer Everyday Banking Account Offer

Chequing Account Offer:

Get up to a $350 cash bonus

To qualify for the Chequing Account Offer,

you must:

Open a new Chequing Account with one of the

following Eligible Bank Plans during the Offer

Period, July 3, 2024 – October 31, 2024:

Eligible Plans Cash bonus

Plus Plan $100

Performance Plan

$350

Premium Plan

AND

Provide a valid email address

at the time of opening

the Chequing Account. If the Chequing Account is

joint account, this requirement is met if one of the

accountholders provides a valid email address

;

AND

Make a deposit of any amount to the Chequing

Account by October 31, 2024;

AND

Complete at least two of the following Eligible

Transactions (defined below) to or from the Chequing

Account and have the transaction appear in the Chequing

Account by December 31, 2024:

a. Set up one (1) recurring direct deposit; and/or

b. Make two (2) bill payments to different payees of at

least $50 each through BMO Online Banking or BMO

Mobile Banking; and/or

c. Set up two (2) pre-authorized debits (PADs) from

different payees of at least $50 each.

Savings Account Offer:

Get a $200.00 cash bonus

To qualify for the Savings Account Offer, you must:

Qualify for the Chequing Account Offer with the Performance

Plan or Premium Plan;

AND

Open a Savings Amplifier Account by October 31, 2024;

AND

Deposit a total $10,000 or more into the Savings

Amplifier Account within the first 30 calendar days of

opening the Savings Amplifier Account;

AND

After the initial 30-calendar day period from the Savings

Amplifier Account open date, maintain a daily closing

balance of $10,000 or more at all times for an additional

90 calendar days.

For example, if you open the Savings Amplifier Account on

August 1, you have until August 31 to deposit $10,000 or

more into the Savings Amplifier Account. You then must

maintain a daily closing balance of $10,000 or more in the

Savings Amplifier Account until November 29, 2024.

Continued

BMO Bank of Montreal

Terms and Conditions

The 2024 Summer Everyday Banking Offer is available from July 3, 2024 - October 31, 2024 (“Offer Period”). You can earn up

to $600.00 in total cash bonuses when you open a new Canadian Dollar Primary Chequing Account (“Chequing Account”)

with an Eligible Bank Plan (defined below) and open a new Savings Amplifier Account (“Savings Account”) at any BMO branch

in Canada or online at bmo.com/cash and add a family member as part of Family Bundle (“Family Bundle Offer”).

Family Bundle Offer:

Get a $50 cash bonus

To qualify for the Family Bundle Offer,

you must:

Qualify for the Chequing Account Offer with the

Performance or Premium Bank Plan;

AND

Have an eligible family member open a new Primary

Chequing Account between July 3, 2024 – October 31,

2024, and have the Primary Chequing Account added to

your Performance or Premium Plan.

For information about Family Bundle and how to add a

family member, visit bmo.com/FamilyBundle.

Eligible Transactions

• Recurring direct deposit: Set up one (1) recurring direct

deposit from your employer, the government, or your pension

into your Chequing Account and have at least one (1) deposit

appear in the Chequing Account by December 31, 2024.

• Bill payment: Make two (2) bill payments to different payees

through BMO Online Banking or the BMO Mobile for $50 each or

more from your Chequing Account by December 31, 2024. Note:

A transfer from your Chequing Account to pay a BMO credit card

or a BMO line of credit does not qualify as an Eligible Transaction.

• Pre-authorized debit (PAD): Set up two (2) PADs from

different payees of at least $50 each from your Chequing

Account and have at least one (1) of each PAD appear in the

Chequing Account by December 31, 2024. A PAD includes, but

is not limited to, a pre-authorized bill payment to a service

provider such as a utility bill, gym membership, or PAD to a

BMO mortgage, BMO loan, BMO line of credit, or contribution to

a BMO investment account. A PAD that is not paid and returned

for any reason including non-sufficient fund, funds-not-clear,

stop payment, etc. does not qualify as an Eligible Transaction.

Exclusions

• Eligible Plans that are part of the Student, Medical and

Dental Student, Recent Graduates, Canadian Defence

Community Banking discounted banking programs do not

qualify for the Everyday Banking Offer.

• The Plus Plan does not qualify for Family Bundle or Savings

Account Offer.

• An Existing Customer is not eligible for the Everyday Banking

Account Offer. An ”Existing Customer” is anyone who currently

has a BMO Canadian or U.S. Dollar Primary Chequing Account,

Canadian or U.S. Dollar Interest Chequing Account, Canadian or

U.S. Dollar Premium Rate Savings Account, Smart Saver Account,

Savings Builder Account, or Savings Amplifier Account (each an

“Existing Account”) or anyone who closes their Existing Account

between July 3, 2023 – October 31, 2024 and subsequently

opens a new Chequing Account or Savings Account.

• If a Chequing Account and/or Savings Account is opened

as a joint account, and any one of the accountholders is

an Existing Customer; or if an Existing Customer closes their Existing

Account(s) between July 3, 2023 – October 31, 2024, then none of the

accountholders are eligible for the Everyday Banking Account Offer.

• If the Chequing Account and/or Savings Account is initially opened

under single ownership and is subsequently converted to a

joint account with an Existing Customer, then then none of the

accountholders are eligible for the Everyday Banking Account Offer.

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

domiciled are not eligible for the Everyday Banking Account Offer.

Other

• Limit of one (1) Chequing Account Offer and, one (1) Savings Account

Offer and one (1) Family Bundle Offer per customer and where there is

more than one accountholder on the Chequing and/or Savings Account,

only per account. To be clear, no more than $600.00 in total cash bonus

can be earned by any combination of a Chequing Account and Savings

Account, regardless of how many accountholders are associated with the

Chequing Account or Savings Account.

• For the Chequing Account that qualified for the Chequing Account

Offer and Family Bundle Offer the cash bonus(es) will be paid by

January 30, 2025, and deposited to the Chequing Account.

• The Savings Account that qualifies for the Savings Account Offer the cash

bonus will be paid by March 30, 2025, and deposited to the Savings Account.

• You acknowledge and agree that you have until April 30, 2025, to notify

us if you believe you qualify for a cash offer and have not received a cash

bonus, so that we verify for you eligibility.

• Your Chequing Account must be open, in an Eligible Plan, and be in

good standing (for example, your Chequing Account must not be in an

unauthorized overdraft or in delinquent status) at the time the cash

bonuses are paid. If you change between Eligible Plans before the

cash bonuses are paid, the cash bonus for the Chequing Account Offer

will be determined by the Eligible Plan with the lower cash bonus. If

you change to a Plan other than the Eligible Plans, you will no longer

qualify for the Chequing Account Offer or the Family Bundle Offer.

• Your Savings Account must be open and be in good standing (for

example, your Savings Account must not be in an unauthorized

overdraft or in delinquent status) at the time the cash bonus is paid.

If your Savings Account is not in good standing, you will no longer

qualify for the Everyday Banking Account Offer.

• Your Chequing Account must remain open and in an Eligible Plan until

October 31, 2025. If you close your Chequing Account or change to

a Plan other than an Eligible Plan before October 31, 2025, you will

no longer qualify for any cash bonus. If a cash bonus has been paid,

we reserve the right, in our sole discretion, to debit the Chequing

Account the full value of the cash bonus(es) paid to the respective

account(s) or send you an invoice for any amount(s) outstanding.

Your Savings Account must remain open until October 31, 2025. If

you close your Savings Account, before October 31, 2025, you will no

longer qualify for the Savings Account Offer. If a cash bonus has been

paid, we reserve the right, in our sole discretion, to debit the Savings

Account the full value of the cash bonus paid to the Savings Account

or send you an invoice for any amount(s) outstanding.

• If the daily closing balance of your Savings Account falls below $10,000

during the 90-calendar day holding period (as outlined above in the Savings

Account Offer), you will no longer qualify for the Savings Account Offer.

• Unless otherwise stated, this Everyday Banking Account Offer cannot be

combined with any other offer or promotion or discounted banking programs.

• We may change, shorten, extend, or withdraw the Everyday Banking Account

Offer at any time without notice. We reserve the right, at our sole discretion,

to suspend, disqualify, limit or revoke the Everyday Banking Account Offer for

any customer we suspect of manipulating or abusing the any of the offers

included in the Everyday Banking Offer, or its fairness, integrity or operation.

Your email will become part of your contact information and will be used in accordance with our Privacy Code which is available online at bmo.com/privacy. We may use your email to provide you with future offers tailored to your banking needs.

You can unsubscribe from receiving promotional emails at any time by updating your email preferences at bmo.com/subscription-centre, by visiting your BMO branch, or by clicking the unsubscribe link contained in promotional emails.

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