Chequing account promotions in Canada: October 2026
Last checked: . Bonus amounts and requirements come from each institution's own terms; confirm before applying.
Chequing promotions with a stated end date, soonest first. Offers without a published end date are listed in the full bank bonus guide.
| Institution | Product | Bonus | Ends |
|---|---|---|---|
| Scotiabank | Preferred or Ultimate Package chequing (+ Money Master Savings, eligible credit card) | Up to $1,000 cash | Oct 29, 2026 |
| Tangerine | No-Fee Daily Chequing Account | $250 cash | Oct 31, 2026 |
| BMO | Performance or Premium Plan chequing (+ Savings Amplifier) | Up to $900 cash ($150 on Practical Plan) | Nov 2, 2026 |
| TD Canada Trust | TD Unlimited Chequing or All-Inclusive Banking Plan (+ savings, credit card) | $500 cash, up to $650 with bundle | Nov 2, 2026 |
| RBC Royal Bank | RBC Signature No Limit or VIP Banking | 11-inch iPad ($649 value); iPad Air/Pro or MacBook Air with $25K+/$50K+ new investment funds | Nov 2, 2026 |
| Coast Capital Savings (credit union) | Unlimited or Elevate Chequing (+ Coast Capital Mastercard) | Up to $600 ($400 chequing + up to $200 card credit; $150 on basic chequing) | Nov 30, 2026 |
| Simplii Financial | No Fee Chequing Account | $350 cash | Jan 31, 2027 |
Ending soonest
- Scotiabank: ends Oct 29, 2026. Open first Preferred/Ultimate Package chequing account; set up eligible recurring direct deposit (6+ months) and 1 qualifying transaction within 60 days for $700. Extra $200 for new Money Master Savings and $100 for an eligible credit card with a qualifying purchase within 60 days.
- Tangerine: ends Oct 31, 2026. New client number created by Oct 31, 2026; open chequing within 60 days; switch full payroll ($200+/month), first deposit within 60 days, continuing 2 consecutive months.
- BMO: ends Nov 2, 2026. Open new primary chequing with Performance/Premium Plan for up to $700; $150 more for a new Savings Amplifier Account; $50 for setting a savings goal in My Financial Progress. Practical Plan earns $150.
- TD Canada Trust: ends Nov 2, 2026. Open eligible chequing by Nov 2, 2026 and complete two qualifying activities by Jan 4, 2027 for $500. Extra $150 for opening an eligible savings account (with pre-authorized transfer or Simply Save) and getting approved for an eligible TD credit card within 30 days. TD markets the bundle as up to $750 in value including a promotional savings rate.
How to compare these offers
- Direct deposit: most big-bank bonuses need a recurring payroll or government deposit. Check you can actually move yours.
- Monthly fees: premium plans carry monthly fees unless you hold a minimum balance. Subtract the fees over the holding period from the bonus.
- "Up to" amounts: the headline number usually requires opening extra products (a savings account or a credit card).
- New-client rules: many offers exclude people who held an account recently. Read the eligibility section.
- Tax: bank bonuses may be taxable income. This is general information, not tax advice.