BMO new offer, August 7-Nov. 2/26 | BMO | Discussion forum

JenE said
Same offer as one just ended Aug. 6th. I tried to copy and paste but couldn’t get it to work. Go to BMO web site and look for ‘offers’.  

You could briefly tell us what offer you saw ...

Need to do eight things to get the full $900:

Get up to $900*, and a Walmart⁺ membership for up to 12 months^‡

Earn $700 when you:

1. Open and fund a new BMO Performance or Premium premium chequing account by November 2, 2026
2. Set up a recurring direct deposit of at least $500 by December 31, 2026
3. Complete 1 additional qualifying action by December 31, 2026. You can either:
• Make two bill payments of $50 or more to two different payees through online or mobile banking
• Set up two pre-authorized debits of $50 or more from two different payees

Earn $150 when you:

1. Open a Savings Amplifier Account by November 2, 2026
2. Deposit $10,000 or more within 30 days
3. Maintain your deposit for 120 days to enjoy a 5.00% promo rate**
4. Maintain your deposit for another 90 days to earn your cash bonus

Earn $50 when you:

1. Apply 1 Goal and 1 Strategy in the My Financial Progress plan by December 31, 2026

Terms and conditions at 2026 Summer Everyday Banking Offer.

I believe this BMO August 7-Nov. 2/26 offer is only for new account holders.

BMO's offer works in this way: offer is from August 7-Nov. 2/26. If you sign up on Aug 7, you get the full 120 days special interest rate. If you sign up in September 7, then you get only ~90 days of special interest , you sign up on Oct 2, you get only ~30days of special interest,

How about ScotiaBank? Does their offer works like BMO where the offer is based on a fixed period? Or does their special interest starts on the day you opened the account - so you can go anytime of the year and be assured of getting the full 90 days of special interest?

There's no requirement to be a new client. Offer only requires one to open new accounts and use their My Financial Progress tool:

Terms and Conditions

The 2026 Summer Everyday Banking Offer (“Everyday Banking Offer”) is available from August 7, 2026 – November 2, 2026. You can earn up to $900.00 in total cash bonuses when you open a new Canadian Dollar Primary Chequing Account (“Chequing Account”) with an Eligible Bank Plan (defined below), open a new Savings Amplifier Account (“Savings Account”) at any BMO Bank of Montreal branch or online at bmo.com/cash, and setup a savings goal in My Financial Progress (“My Financial Progress Cash Offer”).

Spoke too soon! There is a requirement to not recently have certain BMO chequing or BMO savings accounts:

• Existing Customers are not eligible for the Everyday Banking 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 August 7, 2025 to November 2, 2026 and subsequently opens a new Chequing Account or Savings Account.
• If a Chequing Account 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 an Existing Account between August 7, 2025 to November 2 , 2026, then none of the accountholders are eligible for the Everyday Banking Offer.