Banking
Bank Account Sign-Up Bonuses in Canada
Every current chequing account sign-up bonus in Canada, with the steps to qualify, the deadline and what's left after monthly fees.
Which banks have sign-up bonuses right now?
12 chequing accounts have a sign-up bonus right now. The largest is Up to $1,000 at Scotiabank.
| Account | Bonus | Monthly fee | First-year value | Ends |
|---|---|---|---|---|
| Scotiabank Preferred Package | Up to $1,000 | $16.95 | $497 | Oct 29, 2026 |
| Scotiabank Ultimate Package | Up to $1,000 | $30.95 | $329 | Oct 29, 2026 |
| BMO Performance Chequing | Up to $900 | $17.95 | $485 | Nov 2, 2026 |
| BMO Premium Chequing | Up to $900 | $30.95 | $329 | Nov 2, 2026 |
| TD Unlimited Chequing | Up to $750 in value | $17.95 | $435 | Nov 2, 2026 |
| TD All-Inclusive Banking Plan | Up to $750 in value | $30.95 | $279 | Nov 2, 2026 |
| CIBC Smart Account | Up to $850 | $16.95 | $297 | Ongoing |
| RBC Signature No Limit Banking | Apple iPad (value $499) | $16.95 | $296 | Nov 2, 2026 |
| Coast Capital Unlimited Chequing | Up to $600 | $8.50 | $298 | Nov 30, 2026 |
| Simplii No Fee Chequing | $350 cash | $0 | $350 | Jan 31, 2027 |
| Tangerine No-Fee Daily Chequing | $250 cash | $0 | $250 | Oct 31, 2026 |
| PC Money Account | 150,000 PC Optimum points ($150) | $0 | $150 | Ongoing |
Most bonuses require a recurring direct deposit (your pay) and one or two bill payments or pre-authorized debits within 60–90 days.
Do monthly fees cancel out the bonus?
They can. A $16.95 monthly fee costs about $203 a year unless you keep the waiver balance (usually $4,000) in the account every day. First-year value above assumes you pay the fee.
How do I qualify for a bank bonus?
Open the account as a new client before the deadline, set up the direct deposit and payments the offer lists, and keep them running for the required months. Bonuses are usually paid 8–12 weeks after you qualify.
Put this into practice
Official sources and further reading
Terms vary by card. Confirm the issuer’s current agreement and program conditions before acting. This guide does not predict approval, realized value or credit-score changes.
How WalletReturn calculates card value