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Senior bank accounts

We’ve got great deals for anyone aged 60 or older

  • No monthly Plan fee*83 with a Practical Plan chequing account that comes with 12 monthly transactions*52
  • Add a savings account at no cost*1,*3
  • Get seniors’ discounts on all our chequing accounts*66,*83
  • Maintain a minimum daily balance and get your monthly Plan fee waived for the Plus, Performance or Premium Plan*4

Limited time offer!

Get up to $1400§ in value with us. This includes up to a $700* cash bonus and promo interest rate** when you open a chequing and a Savings Amplifier Account.

Learn More

Let's find you the right bank account

Featured chequing account

Practical

$4.00 No cost$ 4.00 reduced to no cost> </ac><span role=*66,*83

Monthly fee

No cost for seniors*66,*83

  • 12 transactions*52 every month
  • No-cost Premium Rate savings account*3
Learn more

Plus

$ 11.95 reduced to $7.95> </ac><span role=$11.95 $7.95*66,*83

Monthly fee

or $0

with a minimum balance of $3,000*4

Flexible banking at a low monthly fee

  • 25 transactions*52 every month
  • Unlimited INTERAC e-Transfer® footnote section transactions*39
  • No-cost Premium Rate savings account*3

Performance

$17.95 reduced to $13.95 $17.95 $13.95*66,*83

Monthly fee

or $0 

With a minimum balance of $4,000*4

Our most popular way to manage multiple financial goals

  • Get up to $700* when you open a new chequing and Savings Amplifier Account online.
  • New: Up to $40 rebate on the annual fee for BMO Credit Cards*15
  • Unlimited transactions*52
  • No-cost Premium Rate savings account*3
  • OnGuard® footnote dagger Identity Theft Protection*74

Premium

$30.95 reduced to $26.95 $30.95 $26.95*66,*83

Monthly fee

or $0 

With a minimum balance of $6,000*4

Truly unlimited banking

  • Get up to $700* when you open a new chequing and Savings Amplifier Account online.
  • Unlimited worldwide non-BMO ATM withdrawals*53
  • Unlimited transactions*52 including unlimited INTERAC e-Transfer® footnote section transactions*39
  • Up to $150 annual rebate for any BMO World Elite® footnote star Mastercard® footnote star*10
  • OnGuard® footnote dagger Identity Theft Protection*74
  • Preferred U.S. exchange rate*35

AIR MILES®† 

$17.95reduced to $13.95 $17.95 $13.95*66,*83

Monthly fee

50 Bonus Miles 

with min. $4,000 balance*106

Effortlessly earn miles on everyday purchases

  • Get 1 Mile per $30 spent on debit purchases*9
  • Unlimited transactions*52
  • Unlimited INTERAC e-Transfer® footnote section transactions*39

Mobile

Easy, secure digital banking

Click to download on the Apple StoreClick to download on Google Play

Check out these useful resources

    RRIF Calculator

    See how much your minimum RRIF withdrawals will be after you have converted your RRSP to a RRIF.

    Understanding TFSAs: The Basics

    A TFSA is a great investing option for Canadians of all walks of life – and unlike an RRSP, it has no cut-off age.

    Need help?That’s what we’re here for

    Come in and talk to us

    Drop by your nearest branch to chat about your financial future.

    Book an appointment
    • ® Footnote dagger detailsOnGuard is a registered trademark of Sigma Loyalty Group Inc.
    • ®Identity Guard is a registered trademark of Intersections Inc.
    • ® Footnote dagger details/™ Footnote dagger details Trademarks of AM Royalties Limited Partnership used under license by LoyaltyOne, Co. and Bank of Montreal.
    • ® Footnote star details Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Used under license.
    • ® Footnote section details INTERAC e-Transfer is a registered trademark of INTERAC Inc. Used under license.
    • ± Trademark of Visa International Service Association and used under license.