BMO NewStart® program - Performance Account
$50
BMO NewStart® program - Performance Account
Bank Account · Apply through Finly
Cash back
$50
Finly rebate
Get $50 rebate + Earn up to $900* cash 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
$1.8M 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?
Moving to a new country is a massive leap, but setting up your finances shouldn’t be. The BMO NewStart® program bundles free chequing, a no-credit-history credit card, and international money transfers to give you a seamless, stress-free head start.
How to earn the welcome bonus
BMO Performance Chequing Account: Newcomers get up to a $900* cash bonus and a Walmart+ membership for up to 12 months*. Also, no monthly plan fees for 2 years*.
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 — 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.
What Our Members Say
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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 2026 Summer Everyday Banking Offer is available from May 21, 2026 – November 2, 2026. You can earn up to $900.00 in total cash bonuses plus a monthly subscription to Walmart Delivery Pass for up to twelve (12) months (“Delivery Pass Offer”), 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 branch in Canada or online at bmo.com/cash, and setup a savings goal in My Financial Progress (“My Financial Progress Cash Offer”). Full offer details can be found at the following URL: https://www.bmo.com/assets/pdfs/edb-chequing-terms-and-conditions-en.pdf
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.