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Accounts and Plans No Longer Offered
Information on these accounts and services is for existing account holders only. Please visit your nearest BMO Bank of Montreal branch to see how our current suite of products may provide a better solution to your banking needs.
Download detailed information concerning Plans that are no longer offered (PDF, 109K)
Interest Chequing
The Interest Chequing Account is no longer offered to new customers. Customers with an existing Canadian or U.S. dollar Interest Chequing account have cheque writing privileges, and their account can be used for ABM withdrawals, bill payments, debit card purchases, and for a Continuous Savings Plan. Existing accounts are not transferable between BMO branches.
Interest is calculated on the daily account closing balance, and paid monthly on the last business day of the month.
Individual account transaction fees apply or the account can be attached to an Everyday Banking Plan at a fixed monthly fee.
Occasional Overdraft Protection Service (OOPS!)
$5.00 per item fee (unless waived within the Plan). Interest will be charged at prevailing overdraft interest rates.
Fee waivers
The following changes apply only to existing accounts that offer fee waivers based on minimum monthly balances. This waiver will be lost if the account becomes part of an Everyday Banking Plan or is changed to another type of account.
| Account |
Minimum balance |
| Interest Chequing1 |
$1,500 |
Account maintenance fee waivers
The following applies only to existing accounts that offered a $200 account maintenance fee waiver2. This waiver will be lost if the account becomes part of an Everyday Banking Plan or is changed to another type of account.
| Account |
Minimum balance |
| Interest Chequing1 |
$200 |
Plan fee waivers
The following applies only to existing accounts that offer Plan fee waivers on the Standard and Enhanced Plans, based on minimum monthly balances. This waiver will be lost if the Banking Plan is changed or the account is changed to another type of account.
| Plan Type |
Interest Chequing1 |
| Standard3 |
$10,000 |
| Enhanced3 |
$15,000 |
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