The gift: $300 Opening Bonus (and another $50 if you add a family member to your Family Bundle)
Deadline for account sign up: January 4, 2021
BMO Plus Plan: $10.95 per month, but waived if you have $3000 minimum. With this account, you get $100 of the potential $300 cash bonus.
BMO Performance Plan: $15.95 per month, but waived if you have $4000 minimum. You get $100 of the potential $300 opening up this account.
BMO Premium Plan: $30.00 monthly fee, and it is waived if you have $6000 minimum. You get $300 of the potential $300 for opening up this account.
The ask: Set up a deposit before January 4, 2021, in one of the above accounts AND keep the account open until January 22, 2022 (for one year)
Set up a recurring direct deposit into lead chequing account by February 28, 2021
Have at least one direct deposit transaction posted to lead account by February 28, 2021
The downside: The cash bonus will be posted to the account by March 31, 2021. Also, if you open up a joint account, one one of you are allowed to receive the cash bonus.
If you closed your account between October 1, 2019 and January 4, 2021 you are not eligible