Get a $300* Kick Back When You Pay Your Kid’s Tuition!


Open a new BMO Performance Chequing Account and complete the qualifying actions (such as paying off your kid’s tuition fees) and you’ll earn $300* back!

While colleges and universities across Canada continue to enforce online learning, many graduating high-school and undergraduate students are reconsidering whether they want to pursue higher education at all.

Truth is, COVID-19 has thrown a major curve ball for the next generation. Students that were once somewhat certain of their career goals are now questioning whether their plans are even feasible in a post-pandemic world. Plus, online learning has totally wiped out many of the perks of going to university – such as living on campus, meeting new friends, and even going to that homecoming party (that they probably won’t tell you about)!

As a parent, part of setting your kid up for success may mean paying for their tuition while they focus on their grades. So, our friends at BMO are offering just the thing to help you support your kids during these confusing times, while you help support yourself financially.

When you open a new BMO Performance Chequing Account and fulfill the qualifying actions, you’ll earn $300* back! Simply make a deposit of any amount by July 4, 2021 and complete at least two of the following steps:

  • Set up an eligible recurring direct deposit (like your biweekly paychecks)
  • Make an eligible bill payment of at least $50 through BMO online or mobile banking (like paying off an outstanding tuition cost)
  • Set up an eligible pre-authorized debit of at least $50 (like a utility bill or gym membership)

That means, you could be earning money while you make your obligated payments. Use that $300 towards getting yourself something nice, towards their next tuition payment, or set it aside for when the holidays roll around and you could use a bit of extra cash!

Let us know how you’d use that $300*.

Get started here.

The BMO Family Bundle* lets your loved ones enjoy no-fee daily banking* with all the benefits and privacy of separate chequing accounts. One household, one monthly fee — make saving money a family affair!

*Conditions apply. Visit for full details.