Updated May 26, 2026 · Checked May 26, 2026

Canadian bank account signup bonuses

Current Canadian chequing account signup offers checked from official bank pages.

Institution	Offer	Eligibility	Actions	Fees
BMO Performance or Premium Plan Chequing Account	Up to $900 total value; $700 chequing cash component Open and fund an eligible Performance or Premium chequing account by August 6, 2026, then complete qualifying direct deposit and one additional action by September 30, 2026. Additional savings and My Financial Progress actions can raise total value. Deadline: Open by 2026-08-06; listed qualifying actions by 2026-09-30	New Canadian-dollar primary chequing account with eligible BMO plan; exclusions and prior-account restrictions apply.	Open and fund eligible chequing account Set up recurring direct deposit of at least $500 Make two eligible bill payments of $50+ to different payees or set up two eligible pre-authorized debits	Performance/Premium plan monthly fees may apply unless waived under BMO conditions.
TD Canada Trust TD All-Inclusive Banking Plan or TD Unlimited Chequing Account	Up to $750 value; $500 chequing cash component Open an eligible TD chequing account by June 3, 2026 and complete two qualifying activities by August 5, 2026. Savings and credit-card bundle steps can add value. Deadline: Open by 2026-06-03; qualifying chequing activities by 2026-08-05	Canadian residents age of majority; excludes existing/recent TD chequing customers and prior TD chequing offer recipients as described by TD.	Receive recurring direct deposit Make online bill payment of at least $50 Have recurring pre-authorized debit of at least $50	Monthly fees apply on All-Inclusive or Unlimited plans unless waived by account terms.
CIBC CIBC Smart Account	Up to $850 bundled value; $500 Smart Account component Open a first CIBC Smart Account, set up recurring direct deposit of $500+ within 2 months, then complete one qualifying action within 60 days. Credit-card actions can add value. Deadline: Offer page active when checked; verify current campaign dates with CIBC before applying	First CIBC Smart Account and qualifying direct deposit/actions; CIBC account and card eligibility terms apply.	Set up recurring direct deposit of at least $500 per month Complete either two recurring pre-authorized debits, two online bill payments of $50+, or five eligible Visa Debit purchases Optional eligible credit-card actions for extra value	Smart Account monthly fee can apply; CIBC lists rebate paths tied to balances/tiers.
Scotiabank Preferred Package or Ultimate Package	Up to $700 bundled cash; $500 chequing package component Open a new Preferred or Ultimate Package between March 3 and July 2, 2026, then complete two qualifying activities within 60 days. Savings and registered-account bundles can add $200. Deadline: Open by 2026-07-02	New eligible Scotiabank package account; offer conditions and exclusions apply.	Set up eligible automated recurring direct deposit Set up eligible recurring pre-authorized transaction of at least $50 Make eligible bill payment of at least $50	Preferred/Ultimate monthly package fees apply unless waived by account terms.
National Bank The Total chequing account	Up to $600 cashback Open a first chequing account and choose The Total package during the promotion, then complete required digital banking and transaction steps; optional credit card, mortgage payment, and savings actions add cashback. Deadline: Promotion valid to 2026-11-03	First National Bank chequing account with eligible package; age, account, and product conditions apply.	Open The Total chequing account Sign up for online bank Complete required eligible transactions Optional eligible credit card, mortgage payment, or High Interest Savings Account actions	The Total package monthly fee is listed by National Bank and may be reduced with balance or product conditions.
RBC RBC Signature No Limit Banking or RBC VIP Banking	$450 cash Open a new eligible RBC account and complete two qualifying activities. RBC states the cash is paid 6 to 10 weeks after qualifying criteria are completed if conditions are met. Deadline: Historical/fall offer terms in RBC FAQ: open by 2026-01-13; verify whether a current RBC cash offer is available before applying	No existing RBC personal banking account and no prior qualifying personal banking offer in the last five years, per RBC FAQ.	Open eligible RBC account Complete payroll/pension direct deposit, two pre-authorized monthly payments, or two bill payments as qualifying actions	RBC Signature/VIP monthly fees apply unless account-specific rebates apply.
Simplii Financial No Fee Chequing Account	$300 plus $50 Skip gift card Open a No Fee Chequing Account and set up eligible direct deposit of at least $100 for 3 straight months. Deadline: Offer ends 2026-09-30	New Simplii no-fee chequing offer terms apply.	Open No Fee Chequing Account Set up eligible direct deposit of at least $100 for 3 straight months	No monthly fee according to Simplii offer page.

This roundup tracks Canadian chequing account opening offers that were visible on official bank pages when checked. The largest headline offers usually require new-client eligibility plus payroll/direct deposit, bill payments, pre-authorized debits, savings deposits, credit-card approval, or other bundled actions.

The table is intentionally conservative: it records the public headline value, the required actions stated by the bank, and the fee or balance caveat that can affect the real value of each offer.

Watch the dates closely. Some offers require the account to be opened before an offer deadline and the qualifying actions to post later. Some banks also require the account or recurring activity to remain active for months after the bonus is paid.

Sources

Informational content only, not financial advice. Bank promotions change, eligibility is conditional, and readers should verify the current terms with the bank before applying.