BMO NewStart® Program - Performance Account
$50
BMO NewStart® Program - Performance Account
Bank Account · Apply through Finly
Cash back
$50
Finly rebate
Get $50 rebate + Get up to a $1,100* cash bonus and a Walmart+ membership for up to 12 months*. Plus, no monthly fees for 2 years**. on an approved BMO NewStart® Program - Performance Account
Apply through Finly and get approved for the BMO NewStart® Program - Performance Account to earn our Finly rebate — sent to your bank via Interac e-Transfer once your application is approved. Terms and conditions apply.**
Paid via INTERAC e-Transfer
Secure & private
$1.9M paid out to Canadians
Read before you apply
Rebate eligibility & offer terms
These rules determine whether you qualify for the Finly rebate on this offer. Skim them before clicking apply.
* / ** Terms and conditions apply.
- Only valid for eligible new account holders
- Each client is limited to a maximum of 1 cash back bonus
- There is a minimum of 3 days delay from when you complete the application and when it gets reported back for processing
The chequing account
Why BMO NewStart® Program - Performance Account?
BMO's package for newcomers: the Performance chequing account with no monthly plan fee for your first two years, a choice of credit cards, and no-fee international money transfers. Transactions and e-Transfers are unlimited. Once the two years are up, the regular fee applies unless you keep the minimum balance, so think of it as a strong start rather than a forever account.
How to earn the welcome bonus
With the BMO NewStart® Program, newcomers get two years of no-fee banking.** Plus, you can enjoy a $1,100* cash bonus and a Walmart+ membership for up to 12 months.*
Eligibility: To qualify for any special offer pertaining to the BMO NewStart® Program as set out above, a customer must be a permanent resident or foreign worker who arrived in Canada within the last five (5) years. Proof that status was obtained within the last five (5) years is required as evidenced by their Canadian Permanent Resident Card, Confirmation of permanent residency or work permit (IMM 1442).
Fees & limits
Monthly fee
Can be waived
Transactions
Interac e-Transfers
ATM (own network)
ATM (Canada, other)
Foreign currency
Insufficient funds
Ways to waive the monthly fee
Newcomer Rebate
No monthly plan fee for 2 years**
Ready when you are
$50 is yours when you apply through Finly.
We e-Transfer your rebate via Interac after the financial institution confirms your approval and eligibility. No portals, no points — just real cash.
Stack & save
Bundle this with a complementary offer
Open more than one product through Finly and you earn a separate cash rebate on each. We'll e-Transfer them all to the same Interac email — no extra steps on your end.
Apply for 2 more offers to stack rebates from a single Finly account.
Browse all
FAQ
Common questions, answered.
Still unsure? Reach out to support after signing up, and we'll get back to you within a couple of business days.
Yes. The Finly rebate stacks with whatever sign-up offer or welcome bonus the institution provides. You get both.
Rebates are sent via Interac e-Transfer to the email on your Finly profile. Once your sign-up is verified, payments are typically processed within 10 days.
The financial institution reports the transaction back to us within a few days to a few weeks, depending on their reporting cadence. You can track the status from your Finly account.
Switching devices mid-application, using a VPN, ad blocker, or incognito mode can break our tracking cookies. Complete the application on a single device in one session for a smooth experience.
Usually, if it's a product you don't have yet. With most banks, including Scotiabank, BMO, RBC and TD, you only need to be new to the product, not the bank, so another card or a chequing account with them doesn't stop you. There's no rebate on a product you already hold, and this offer's terms can add conditions.
Try again from this page while signed in, with ad blockers and VPNs off, in one browser. If it still won't go through, contact us before you apply another way, and we'll tell you whether it can still earn the rebate.
Some accounts waive the monthly fee if you maintain a minimum balance or set up direct deposits. Any waiver options are listed in the fees & limits panel above. The financial institution makes the final approval decision.
Eligible Canadian bank deposits are insured by CDIC up to $100,000 per category. Coverage details depend on the institution, so check the financial institution's site for specifics.
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Legal & disclosures
Disclosures from the issuing institution. Always confirm product terms directly with the issuer before applying.
Product legal content
*The 2027 Winter Everyday Banking Offer is available from November 3, 2026 – March 1, 2027. You can earn up to $1,100.00 in total cash bonuses plus a monthly membership to Walmart+ for up to twelve (12) months, one (1) month provided by Walmart and eleven (11) months from Bank of Montreal (“BMO”), 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 apply and be approved for a new Eligible Credit Card Account ("Credit Card"). Full offer details can be found at the following URL: https://www.bmo.com/assets/pdfs/edb-chequing-terms-and-conditions-en.pdf.
**Terms and conditions apply. Visit bmo.com/NewStart for more details.
To qualify for any special offer pertaining to the BMO NewStart Program as set out above, a customer must be a permanent resident or foreign worker who arrived in Canada within the last five (5) years. Proof that status was obtained within the last five (5) years is required as evidenced by their Canadian Permanent Resident Card, Confirmation of permanent residency or work permit (IMM 1442). The Bank Plan offer included in the BMO NewStart Program applies to the Performance Plan only. Other Bank Plans are available but are not included in the free banking offer. You are eligible to receive the full monthly Plan fee rebated for a twenty-four (24) month period and are responsible for all transaction, service and product fees not included in your Bank Plan. After the twenty-four (24) months of being enrolled in the BMO NewStart Program, eligibility for the monthly Bank Plan fee waiver ends and the full monthly Bank Plan fee ($17.95/month) will be applied to your account automatically.