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BMO Bank Review - Is It Worth It? (2024)Since it is unlimited, it comes with a hefty monthly fee of $ per month. However, that fee can be waived if you maintain a regular balance of $4, within. Find the best checking account to suit your financial needs. From no-fee accounts to reward accounts, we've got options for you. See our comparisons here. At BMO, we have chequing accounts with low fees, cash bonuses, & no fee Interac e-Transfers�. Easily open a chequing account online in 7 minutes!