Question 1

What is the BMO NewStart® Program ?

Accepted Answer

The BMO NewStart Program offers banking products and services for permanent residents and foreign workers for their first five years in Canada. This program is designed to help make setting up your new life in Canada a little easier. Learn how the BMO NewStart® Program can help you.

Question 2

How do I get up to $1,100 cash* and Walmart+ Membership for up to 12 months**?

Accepted Answer

Chequing Offer ($800): Open & fund an eligible chequing account by Mar 1/27, and complete qualifying criteria by Apr 30/27.
Multi-Product Bundle Offer:
- ($200) Open a Savings Amplifier Account by Mar 1 /27, deposit $10,000 within 30 days & maintain for additional 180 days.
- ($100): Get approved for an eligible credit card within 30 days. 
12-month Walmart+ Offer: Open & fund a new Chequing account by Mar 1/27. Sign up for Walmart+ by Apr 30/27 & select Debit Mastercard as the payment option.

Question 3

Who is eligible for the BMO NewStart® Performance Chequing Account offer?

Accepted Answer

To be eligible for the BMO NewStart® program, you must be a permanent resident or foreign worker who arrived in Canada within the last five years. You’ll need proof of Canadian resident status such as your Permanent Resident Card, confirmation of permanent residency or work permit.

Question 4

What do I need to open a BMO NewStart® Chequing Account?

Accepted Answer

Once you arrive in Canada, to open a Performance Chequing Account with the BMO NewStart program, you’ll need the following documents: Your Canadian Permanent Resident Card, confirmation of Permanent Residence (IMM 5292 or IMM 5688), work permit (IM 1442) or study permit, and one piece of government photo ID such as your passport or a Canadian driver’s license. If you already have your Social Insurance Number and a Canadian address, you can open your account online.

BMO NewStart® Program

BMO NewStart® Program

No plan fees for 2 yrs**

The BMO Family Bundle

Our services

Around 900 branches

My Financial Progress

BMO Credit Coach

FAQs

What is the BMO NewStart® Program ?

How do I get up to $1,100 cash* and Walmart+ Membership for up to 12 months**?

Who is eligible for the BMO NewStart® Performance Chequing Account offer?

What do I need to open a BMO NewStart® Chequing Account?

Your data, your choice

BMO NewStart® ProgramBMO NewStart® Program

BMO NewStart® Program

No plan fees for 2 yrs**

The BMO Family Bundle

Our services

Around 900 branches

My Financial Progress

BMO Credit Coach

FAQs

What is the BMO NewStart® Program ?

How do I get up to $1,100 cash* and Walmart+ Membership for up to 12 months**?

Who is eligible for the BMO NewStart® Performance Chequing Account offer?

What do I need to open a BMO NewStart® Chequing Account?

BMO NewStart® Program