BMO Student Chequing Account
$50
BMO Student Chequing Account
Bank Account · Apply through Finly
Cash back
$50
Finly rebate
Get $50 rebate + Earn up to $850 in value, including a tech reward worth up to $300 from Best Buy.* on an approved BMO Student Chequing Account
Apply through Finly and get approved for the BMO Student Chequing 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 Student Chequing Account?
BMO's account for students: unlimited transactions and Interac e-Transfers with no monthly fee. It covers what most students need and comes with BMO's branches and ATMs. Using another bank's ATM still costs extra.
How to earn the welcome bonus
- Students earn up to $850 in value, including a tech reward worth up to $300 from Best Buy.*
- Available between November 4, 2026 and March 1, 2027
Fees & limits
Monthly fee
Transactions
Interac e-Transfers
ATM (own network)
ATM (Canada, other)
Foreign currency
Insufficient funds
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.
FAQ
Common questions, answered.
Still unsure? Reach out to support after signing up — 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.
No — Finly rebates apply only to brand-new sign-ups. If the financial institution flags you as an existing customer for that product, the rebate won't apply.
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 — 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 Student Winter Campaign is available between November 4, 2026 – March 1, 2027 (the “Offer Period”).
To qualify for the Student Back to School Campaign you:
• must have reached age of majority in the province or territory where you reside and be enrolled full-time in a university/college/vocational school by March 1, 2027
• Open a new Canadian Dollar Primary Chequing Account with a Performance Plan or Premium Plan under the Students Discounted Banking Program (“Eligible Discounted Plan”) (a “Student Chequing Account”) and provide a valid e-mail address by March 1, 2027
Full offer details and terms and conditions are below: https://www.bmo.com/pdf/student-offer-terms-and-conditions-en.pdf