BMO Performance Chequing Account - Canadian Defence Banking Services
Monthly fee
$0
- Transactions: Unlimited number of everyday banking transactions
- Interac e-Transfers: Unlimited Interac e-Transfers (listed as included in promotion; listed as 'Not included' in Account Features section)
Reviewed by the CreditCardGuru Editorial Team
Account details
- Monthly fee
- $0
- Transactions included
- Unlimited number of everyday banking transactions
- Interac e-Transfers
- Unlimited Interac e-Transfers (listed as included in promotion; listed as 'Not included' in Account Features section)
- E-statements
- Included
- Eligibility
- Members of the Canadian Defence Community (Canadian Armed Forces, veterans and their families)
- Other fees
- No-Fee BMO Global Money Transfers
- Other benefits
- Complimentary OnGuard Identity Theft Protection Service
Welcome offer: Save up to $491 a year with Performance Plan; Up to $40 rebate for eligible BMO credit card.
Pros & cons
Pros
- No monthly fee
- Unlimited transactions
- E-statements available
Cons
Terms & conditions
Rates and offers change. Every rate, fee, welcome offer and benefit on this page was accurate when last reviewed, but BMO can change or withdraw any of them at any time — sometimes without notice. Confirm the current terms on BMO's own website before you apply.
Eligibility is theirs to decide. Approval, credit limits, interest rates and welcome offers depend on your credit history and BMO's own criteria. Bonuses often exclude anyone who has held the account before, and usually require a minimum spend within a set period.
This is not advice. The reviews and ratings here are our editorial opinion, not financial, tax or legal advice, and not a recommendation for your circumstances. Speak to a qualified professional before making a financial decision.
How we make money. CreditCardGuru may earn a commission when you apply through links on this page. It never affects our ratings or what we write — see our advertiser disclosure and rating methodology.
CreditCardGuru is not affiliated with BMO. Trademarks belong to their respective owners.
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Written by
CreditCardGuru Editorial Team
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Cite this page
“BMO Performance Chequing Account - Canadian Defence Banking Services Review (2026)” — CreditCardGuru, https://creditcardguru.ca/banking/bmo-performance-chequing-account-canadian-defence-banking-services, updated August 19, 2026.